5333 Oakmont Village Cir, 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 | |
---|---|---|---|---|
5337 Oakmont Village Cir | Single Family | 3,195 | B | |
5329 Oakmont Village Cir | Single Family | 2,201 | B | |
5341 Oakmont Village Cir | Single Family | 2,326 | B | |
5325 Oakmont Village Cir | Single Family | 2,326 | B | |
5330 Oakmont Village Cir | Single Family | 2,840 | B | |
5342 Oakmont Village Cir | Single Family | 3,317 | B | |
5345 Oakmont Village Cir | Single Family | 3,195 | B | |
5321 Oakmont Village Cir | Single Family | 2,147 | B | |
5201 Prairie Dunes Village Cir | Single Family | 2,323 | B | |
5285 Canoe Bend Dr | Single Family | 1,802 | B | |
5293 Canoe Bend Dr | Single Family | 1,563 | B | |
5346 Oakmont Village Cir | Single Family | 3,195 | B | |
5277 Canoe Bend Dr | Single Family | 2,025 | B | |
5301 Canoe Bend Dr | Single Family | 2,323 | B | |
5314 Oakmont Village Cir | Single Family | 2,840 | B | |
5205 Prairie Dunes Village Cir | Single Family | 2,323 | B | |
5269 Canoe Bend Dr | Single Family | 1,563 | B | |
5317 Oakmont Village Cir | Single Family | 2,150 | B | |
5349 Oakmont Village Cir | Single Family | 2,714 | B | |
5261 Canoe Bend Dr | Single Family | 1,563 | B | |
5309 Canoe Bend Dr | Single Family | 2,323 | B | |
5209 Prairie Dunes Village Cir | Single Family | 2,279 | B | |
5317 Meadows Edge Dr | Single Family | 2,323 | B | |
5253 Canoe Bend Dr | Single Family | 1,563 | B | |
5350 Oakmont Village Cir | Single Family | 2,262 | B | |
5325 Meadows Edge Dr | Single Family | 2,392 | B | |
5197 Prairie Dunes Village Cir | Single Family | 2,574 | B | |
5213 Prairie Dunes Village Cir | Single Family | 2,323 | B | |
5353 Oakmont Village Cir | Single Family | 2,255 | B | |
5313 Oakmont Village Cir | Single Family | 2,367 | B | |
5245 Canoe Bend Dr | Single Family | 2,230 | B | |
5333 Meadows Edge Dr | Single Family | 3,451 | B | |
5217 Prairie Dunes Village Cir | Single Family | 2,323 | B | |
5354 Oakmont Village Cir | Single Family | 2,406 | B | |
6567 Spring Garden Run | Single Family | 2,323 | B | |
5237 Canoe Bend Dr | Single Family | 1,563 | B | |
5310 Oakmont Village Cir | Single Family | 2,360 | B | |
5341 Meadows Edge Dr | Single Family | 3,451 | B | |
5193 Prairie Dunes Village Cir | Single Family | 2,201 | B | |
5221 Prairie Dunes Village Cir | Single Family | 2,323 | B | |
5357 Oakmont Village Cir | Single Family | 2,147 | B | |
6568 Rivermill Club Dr | Single Family | 2,392 | B | |
5229 Canoe Bend Dr | Single Family | 1,563 | B | |
5270 Canoe Bend Dr | Single Family | 2,323 | B | |
5262 Canoe Bend Dr | Single Family | 1,783 | B | |
5309 Oakmont Village Cir | Single Family | 2,304 | B | |
5349 Meadows Edge Dr | Single Family | 3,451 | B | |
6575 Spring Garden Run | Single Family | 2,230 | B | |
5254 Canoe Bend Dr | Single Family | 1,563 | 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 84 of all properties in this area. This suggests it would appeal to someone earning around $126,385 per year who should qualify for a mortgage between $252,770 and $315,963.
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 84 of all properties in this area. This corresponds to a rent of $1,481 per month and a monthly household income of $4,033 ($48,396 per year)
Nearby Companies
5254 Canoe Bend Dr
5357 Meadows Edge Dr
5325 Meadows Edge Dr
5325 Meadows Edge Dr
5341 Oakmont Village Cir
5353 Oakmont Village Cir
5353 Oakmont Village Cir
5362 Oakmont Village Cir
5330 Oakmont Village Cir
6583 Spring Garden Run