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 
5317 Oakmont Village Cir Single Family 2,150 B
5309 Oakmont Village Cir Single Family 2,304 B
5221 Prairie Dunes Village Cir Single Family 2,323 B
5217 Prairie Dunes Village Cir Single Family 2,323 B
5225 Prairie Dunes Village Cir Single Family 2,323 B
5321 Oakmont Village Cir Single Family 2,147 B
5213 Prairie Dunes Village Cir Single Family 2,323 B
5314 Oakmont Village Cir Single Family 2,840 B
5305 Oakmont Village Cir Single Family 2,147 B
5310 Oakmont Village Cir Single Family 2,360 B
5229 Prairie Dunes Village Cir Single Family 2,204 B
5209 Prairie Dunes Village Cir Single Family 2,279 B
5233 Prairie Dunes Village Cir Single Family 2,323 B
5325 Oakmont Village Cir Single Family 2,326 B
5330 Oakmont Village Cir Single Family 2,840 B
5301 Oakmont Village Cir Single Family 2,326 B
5205 Prairie Dunes Village Cir Single Family 2,323 B
5237 Prairie Dunes Village Cir Single Family 2,201 B
5294 Oakmont Village Cir Single Family 2,092 B
5218 Prairie Dunes Village Cir Single Family 2,201 B
5222 Prairie Dunes Village Cir Single Family 2,323 B
5226 Prairie Dunes Village Cir Single Family 2,323 B
5214 Prairie Dunes Village Cir Single Family 2,180 B
5241 Prairie Dunes Village Cir Single Family 2,323 B
5201 Prairie Dunes Village Cir Single Family 2,323 B
5230 Prairie Dunes Village Cir Single Family 2,201 B
5297 Oakmont Village Cir Undefined - Reserved for Use by Department of Revenue 0 L
5329 Oakmont Village Cir Single Family 2,201 B
5342 Oakmont Village Cir Single Family 3,317 B
5247 Prairie Dunes Village Cir Undefined - Reserved for Use by Department of Revenue 0 L
5293 Oakmont Village Cir Single Family 2,147 B
5333 Oakmont Village Cir Single Family 2,546 B
5282 Oakmont Village Cir Single Family 1,909 B
5245 Prairie Dunes Village Cir Single Family 2,204 B
5289 Oakmont Village Cir Single Family 2,714 B
5197 Prairie Dunes Village Cir Single Family 2,574 B
5190 Prairie Dunes Village Cir Single Family 2,323 B
5337 Oakmont Village Cir Single Family 3,195 B
5346 Oakmont Village Cir Single Family 3,195 B
5010 Prairie Dunes Village Cir Single Family 2,110 B
5193 Prairie Dunes Village Cir Single Family 2,201 B
5285 Oakmont Village Cir Single Family 2,155 B
5001 Prairie Dunes Village Cir Single Family 2,201 B
5278 Oakmont Village Cir Single Family 2,714 B
5341 Oakmont Village Cir Single Family 2,326 B
5189 Prairie Dunes Village Cir Single Family 2,312 B
6245 S Haverhill Rd Undefined - Reserved for Use by Department of Revenue 0 L
5005 Prairie Dunes Village Cir Single Family 2,323 B
5182 Prairie Dunes Village Cir Single Family 2,110 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 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.

Annual Income Distribution - All Households (Brown), Renters (Blue)
0
10
20
30
40
50
60
70
80
90
100
$0
$28,152
$56,303
$84,455
$112,606

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)

Rent Range - Gross Monthly Income (Blue), Gross Rent (Green)
0
10
20
30
40
50
60
70
80
90
100
$316
$2,035
$3,754
$5,473
$7,192
$3,583
$1,320

Nearby Companies

Cruise Magic, Inc.
5278 Oakmont Village Cir
Zayna Investment Inc
5266 Oakmont Village Cir
Blue Ocean Digital Partners LLC
5222 Prairie Dunes Village Cir
Jopi Services, LLC
5293 Oakmont Village Cir
Bonnie Sells South Florida, P.A.
5237 Prairie Dunes Vlg
Ram Hustiz, LLC
5241 Prairie Dunes Village Cir
Ugotdriven Inc
5014 Praire Dunes Village Cir
Karen A. Eslary, P.A.
5341 Oakmont Village Cir
Profinalysis LLC
5330 Oakmont Village Cir
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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