Palm Beach County Real Estate - Lake Worth

Lake Worth is in South East Florida. It's population as recorded in the 2010 Census was 34,910. Lake Worth is approximately 58 miles from Miami (population 399,457) and around 54 miles from Hialeah (population 224,669).

The median age for residents of Lake Worth is 35. Around 30.1% of Lake Worth households include school aged children and 22.1% of households include individuals aged 65 years or over. Census records indicate 60% of the Lake Worth population are White, 19.8% are Black or African American, 5.6% American Indian, .9% Asian and 4.5% are Two or more Races. Lake Worth has a significant Hispanic population. 39.6% (13,834) of Lake Worth residents are of Hispanic or Latino origin. Of these 19.98% are of Mexican origin, 10.21% Puerto Rican, 10.39% Cuban and 59.4% are of other Hispanic or Latino origin.

There are 16,473 housing units in Lake Worth. 3,515 (21.3%) of these were reported as vacant in the 2010 Census. There are 7,843 residential rental units in Lake Worth. 6,535 of them were occupied in 2010 providing a residential rental vacancy rate of 16.1%.

Lake Worth links:

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

AddressTypeSq FtClass 
6894 Lantern Key Dr River, lake or submerged land 0 L
6845 Hendry Dr Single Family 2,984 B
6857 Hendry Dr Single Family 2,984 B
6861 Hendry Dr Single Family 2,984 B
6841 Hendry Dr Single Family 2,120 B
6852 Hendry Dr Single Family 2,909 B
6848 Hendry Dr Single Family 2,567 B
6837 Hendry Dr Single Family 2,984 B
6869 Hendry Dr Single Family 2,909 B
6856 Hendry Dr Single Family 2,567 B
6844 Hendry Dr Single Family 2,567 B
6860 Hendry Dr Single Family 2,567 B
6840 Hendry Dr Single Family 1,955 B
6873 Hendry Dr Single Family 1,955 B
6829 Hendry Dr Single Family 1,955 B
6864 Hendry Dr Single Family 2,567 B
6836 Hendry Dr Single Family 2,005 B
6822 Lantern Key Dr Right-of-way, street, road, irrigation channel, ditch, etc. 0 L
6868 Hendry Dr Single Family 3,019 B
6832 Hendry Dr Single Family 2,533 B
6825 Hendry Dr Single Family 2,909 B
6872 Hendry Dr Single Family 2,909 B
6828 Hendry Dr Single Family 2,909 B
6851 Lantern Key Dr Single Family 2,668 B
6847 Lantern Key Dr Single Family 1,955 B
6855 Lantern Key Dr Single Family 2,538 B
6859 Lantern Key Dr Single Family 2,005 B
6843 Lantern Key Dr Single Family 2,909 B
6863 Lantern Key Dr Single Family 2,470 B
6821 Hendry Dr Single Family 2,538 B
6824 Hendry Dr Single Family 1,955 B
6839 Lantern Key Dr Single Family 1,955 B
6867 Lantern Key Dr Single Family 2,005 B
4759 Poseidon Pl Single Family 1,497 B
4757 Poseidon Pl Single Family 1,599 B
6835 Lantern Key Dr Single Family 2,005 B
4755 Poseidon Pl Single Family 1,599 B
6817 Hendry Dr Single Family 2,113 B
4761 Poseidon Pl Single Family 1,599 B
6820 Hendry Dr Single Family 1,955 B
4753 Poseidon Pl Single Family 1,599 B
6831 Lantern Key Dr Single Family 2,454 B
6880 Lantern Key Dr Single Family 1,964 B
6827 Lantern Key Dr Single Family 2,005 B
4751 Poseidon Pl Single Family 2,020 B
6813 Hendry Dr Single Family 2,047 B
6816 Hendry Dr Single Family 1,955 B
6884 Lantern Key Dr Single Family 2,544 B

Local Household Income

The median household income in this part of Florida is $58,828. The bottom 10% of the population earn less than $15,713 per year. The top 10% earn more than $151,965 per year. The top 1% earn more than $508,812 per year. Most renters earn between $24,120 (20th percentile) and $44,712 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $117,656 and $147,070.

The tax assessed value of this property places it in percentile 66 of all properties in this area. This suggests it would appeal to someone earning around $80,758 per year who should qualify for a mortgage between $161,516 and $201,895.

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 $1,028. Most renters earn between $2,010 and $3,726 per month. They typically spend 39% of their monthly income on rent. Most rents fall in the $781 (20th percentile) to $1,371 (80th percentile) range. The residential vacancy rate is 9%.

This property falls in percentile 66 of all properties in this area. This corresponds to a rent of $1,179 per month and a monthly household income of $3,117 ($37,404 per year)

Nearby Companies

Arly Carribean Restaurant LLC
6795 Lantern Key Dr
Jarrow Family LLC
6813 Hendry Dr
Dawn'S Suite Salon, Inc.
6868 Hendry Dr
Motivation Magnified LLC
6845 Hendry Dr
Westdragon, Inc.
6816 Hendry Dr
Twist&Hargrove LLC
4751 Poseidon Pl
Sefarad Investment LLC
4757 Poseidon Pl
Paintex Inc.
4757 Poseidon Pl
Disclaimers and Disclosures

Public Records Data

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