9026 Sedgewood Dr, Lake Worth
Palm Beach County Real Estate - Boynton Beach
Boynton Beach is in South East Florida. It's population as recorded in the 2010 Census was 68,217.
The median age for residents of Boynton Beach is 41.9. Around 25% of Boynton Beach households include school aged children and 35.4% of households include individuals aged 65 years or over. Census records indicate 62.4% of the Boynton Beach population are White, 30.2% are Black or African American, .2% American Indian, 2.1% Asian and 2.1% are Two or more Races.
There are 36,289 housing units in Boynton Beach. 7,185 (19.7%) of these were reported as vacant in the 2010 Census. Boynton Beach is a tourist destination, 46.3% (3,330) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 11,388 residential rental units in Boynton Beach. 9,788 of them were occupied in 2010 providing a residential rental vacancy rate of 13.7%.
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Palm Beach County
Palm Beach County is part of the southeast Florida region along with Indian River, St. Lucie, Martin, Miami-Dade, Broward, and Monroe counties. Palm Beach County has 38 cities, towns and villages in total. West Palm Beach is the county's largest city and acts as the county seat. Palm Beach has a population over 1.3 million.
Palm Beach County has many wealthy towns such as Palm Beach, Boca Raton, and Jupiter, as well as a large equestrian population making it one of Florida's wealthiest counties. As a result, real estate prices are comparatively higher in Palm Beach County than most other counties in Florida.
Palm Beach County's major private sector employers are Tenet Healthcare Corporation, Hospital Corporation of America, Florida Power & Light, The Breakers, and Office Depot. Top public sector employers are Palm Beach County School Board, Palm Beach County, Florida Atlantic University, and Boca Raton Community Hospital. Palm Beach County considers agribusiness; aviation, aerospace, and engineering; equestrian; healthcare; green energy; and corporate headquarters to be among its main industries.
Boca Raton is in southern Palm Beach County and is known as the birthplace of the IBM personal computer. It still hosts a large research park focused on technological innovation. The city hosts the headquarters for Office Depot and GEO Group. Florida Atlantic University and Lynn University are both located in Boca Raton.
Neighboring Properties
Address | Type | Sq Ft | Class | |
---|---|---|---|---|
9042 Sedgewood Dr | Single Family | 4,305 | B | |
9058 Sedgewood Dr | Single Family | 3,173 | B | |
9025 Sedgewood Dr | Single Family | 4,728 | B | |
9041 Sedgewood Dr | Single Family | 3,678 | B | |
9065 Savannah Estates Dr | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
9057 Sedgewood Dr | Single Family | 3,083 | B | |
9074 Sedgewood Dr | Single Family | 4,708 | B | |
9073 Sedgewood Dr | Single Family | 3,830 | B | |
7547 Pebble Shores Ter | Single Family | 2,230 | B | |
7551 Pebble Shores Ter | Single Family | 2,230 | B | |
7543 Pebble Shores Ter | Single Family | 2,150 | B | |
7555 Pebble Shores Ter | Single Family | 2,596 | B | |
7559 Pebble Shores Ter | Single Family | 2,475 | B | |
9090 Sedgewood Dr | Single Family | 4,226 | B | |
8833 Arbor Walk Dr | Single Family | 2,655 | B | |
7563 Pebble Shores Ter | Single Family | 2,728 | B | |
9089 Sedgewood Dr | Single Family | 3,107 | B | |
8829 Arbor Walk Dr | Single Family | 2,499 | B | |
7567 Pebble Shores Ter | Single Family | 2,473 | B | |
9106 Sedgewood Dr | Single Family | 3,149 | B | |
7571 Pebble Shores Ter | Single Family | 2,596 | B | |
8825 Arbor Walk Dr | Single Family | 2,499 | B | |
9105 Sedgewood Dr | Single Family | 4,231 | B | |
7575 Pebble Shores Ter | Single Family | 2,596 | B | |
7550 Pebble Shores Ter | Single Family | 2,179 | B | |
7546 Pebble Shores Ter | Single Family | 2,475 | B | |
7554 Pebble Shores Ter | Single Family | 2,475 | B | |
7542 Pebble Shores Ter | Single Family | 2,473 | B | |
8821 Arbor Walk Dr | Single Family | 2,179 | B | |
7558 Pebble Shores Ter | Single Family | 2,191 | B | |
7579 Pebble Shores Ter | Single Family | 2,230 | B |
Local Household Income
The median household income in this part of Florida is $78,588. The bottom 10% of the population earn less than $23,201 per year. The top 10% earn more than $210,922 per year. The top 1% earn more than $612,589 per year. Most renters earn between $28,404 (20th percentile) and $65,052 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $157,176 and $196,470.
The tax assessed value of this property places it in percentile 70 of all properties in this area. This suggests it would appeal to someone earning around $114,860 per year who should qualify for a mortgage between $229,720 and $287,150.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $1,145. Most renters earn between $2,367 and $5,421 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $694 (20th percentile) to $1,677 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 70 of all properties in this area. This corresponds to a rent of $1,455 per month and a monthly household income of $4,710 ($56,520 per year)
Nearby Companies
9041 Sedgewood Dr
7571 Pebble Shores Ter