5927 Morningside Dr, Lake Worth
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%.
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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 | |
|---|---|---|---|---|
| 5935 Morningside Dr | Single Family | 2,424 | B |
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| 6637 Brookhurst Cir | Single Family | 2,760 | B |
|
| 6620 Brookhurst Cir | Single Family | 2,705 | B |
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| 6628 Brookhurst Cir | Single Family | 2,776 | B |
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| 5943 Morningside Dr | Single Family | 3,839 | B |
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| 5928 Morningside Dr | Single Family | 2,424 | B |
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| 5936 Morningside Dr | Single Family | 2,399 | B |
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| 6645 Brookhurst Cir | Single Family | 2,798 | B |
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| 6612 Brookhurst Cir | Single Family | 2,826 | B |
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| 6636 Brookhurst Cir | Single Family | 2,681 | B |
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| 5944 Morningside Dr | Single Family | 2,424 | B |
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| 6604 Brookhurst Cir | Single Family | 2,746 | B |
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| 6717 Brookhurst Cir | Single Family | 2,438 | B |
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| 6709 Brookhurst Cir | Single Family | 2,681 | B |
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| 6741 Brookhurst Cir | Single Family | 2,658 | B |
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| 6644 Brookhurst Cir | Single Family | 2,399 | B |
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| 6733 Brookhurst Cir | Single Family | 2,424 | B |
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| 6667 Brookhurst Cir | Single Family | 2,798 | B |
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| 5929 Newport Village Way | Single Family | 2,692 | B |
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| 5937 Newport Village Way | Single Family | 2,424 | B |
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| 5921 Newport Village Way | Single Family | 2,805 | B |
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| 6596 Brookhurst Cir | Single Family | 2,826 | B |
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| 5945 Newport Village Way | Single Family | 2,826 | B |
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| 6652 Brookhurst Cir | Single Family | 2,671 | B |
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| 5960 Morningside Dr | Single Family | 2,653 | B |
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| 5953 Newport Village Way | Single Family | 2,653 | B |
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| 6588 Brookhurst Cir | Single Family | 2,424 | B |
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| 6660 Brookhurst Cir | Single Family | 2,758 | B |
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| 5961 Newport Village Way | Single Family | 2,855 | B |
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| 6708 Brookhurst Cir | Single Family | 2,688 | B |
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| 6740 Brookhurst Cir | Single Family | 2,653 | B |
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| 6732 Brookhurst Cir | Single Family | 2,716 | B |
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| 6716 Brookhurst Cir | Single Family | 2,798 | B |
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| 6700 Brookhurst Cir | Single Family | 2,688 | B |
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| 6748 Brookhurst Cir | Single Family | 2,424 | B |
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| 6724 Brookhurst Cir | Single Family | 2,798 | B |
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| 6692 Brookhurst Cir | Single Family | 2,424 | B |
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| 6580 Brookhurst Cir | Single Family | 2,716 | B |
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| 6756 Brookhurst Cir | Single Family | 2,635 | B |
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| 5930 Newport Village Way | Single Family | 2,424 | B |
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| 5938 Newport Village Way | Single Family | 2,653 | B |
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| 5922 Newport Village Way | Single Family | 2,664 | B |
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| 5914 Newport Village Way | Single Family | 2,653 | B |
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| 6684 Brookhurst Cir | Single Family | 2,681 | B |
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| 5946 Newport Village Way | Single Family | 2,681 | B |
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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 77 of all properties in this area. This suggests it would appeal to someone earning around $104,785 per year who should qualify for a mortgage between $209,570 and $261,963.
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 77 of all properties in this area. This corresponds to a rent of $1,320 per month and a monthly household income of $3,583 ($42,996 per year)
Nearby Companies
6733 Brookhurst Cir
6644 Brookhurst Cir
6708 Brookhurst Cir
6572 Brookhurst Cir
7625 Brookhurst Ln
7623 Brookhurst Ln
7607 Brookhust Ln
5960 Morningside Dr
5936 Morningside Dr
5927 Morningside Dr
5927 Morningside Dr
5927 Morningside Dr