7706 Oak Grove 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 | |
---|---|---|---|---|
7702 Oak Grove Cir | Single Family | 2,727 | B | |
7710 Oak Grove Cir | Single Family | 2,727 | B | |
7698 Oak Grove Cir | Single Family | 2,727 | B | |
7714 Oak Grove Cir | Single Family | 2,297 | B | |
7694 Oak Grove Cir | Single Family | 1,899 | B | |
7718 Oak Grove Cir | Single Family | 2,495 | B | |
7707 Oak Grove Cir | Single Family | 2,727 | B | |
7711 Oak Grove Cir | Single Family | 1,723 | B | |
7690 Oak Grove Cir | Single Family | 2,608 | B | |
7699 Oak Grove Cir | Single Family | 2,727 | B | |
7722 Oak Grove Cir | Single Family | 1,899 | B | |
7719 Oak Grove Cir | Single Family | 1,899 | B | |
7695 Oak Grove Cir | Single Family | 2,727 | B | |
7686 Oak Grove Cir | Single Family | 2,297 | B | |
7723 Oak Grove Cir | Single Family | 1,705 | B | |
6160 Boxleaf Pl | Single Family | 3,291 | B | |
7726 Oak Grove Cir | Single Family | 1,705 | B | |
7691 Oak Grove Cir | Single Family | 2,495 | B | |
6161 Boxleaf Pl | Single Family | 3,088 | B | |
7855 Oak Grove Cir | Single Family | 2,495 | B | |
7863 Oak Grove Cir | Single Family | 2,512 | B | |
7682 Oak Grove Cir | Single Family | 3,137 | B | |
7851 Oak Grove Cir | Single Family | 1,705 | B | |
7867 Oak Grove Cir | Single Family | 1,723 | B | |
7727 Oak Grove Cir | Single Family | 2,727 | B | |
7730 Oak Grove Cir | Single Family | 2,727 | B | |
7847 Oak Grove Cir | Single Family | 2,727 | B | |
6168 Boxleaf Pl | Single Family | 2,564 | B | |
7871 Oak Grove Cir | Single Family | 3,230 | B | |
7678 Oak Grove Cir | Single Family | 2,297 | B | |
7843 Oak Grove Cir | Single Family | 2,512 | B | |
6169 Boxleaf Pl | Single Family | 3,291 | B | |
7731 Oak Grove Cir | Single Family | 2,727 | B | |
7734 Oak Grove Cir | Single Family | 2,495 | B | |
7839 Oak Grove Cir | Single Family | 2,727 | B | |
7674 Oak Grove Cir | Single Family | 2,297 | B | |
6895 Smith Farm Blvd | Right-of-way, street, road, irrigation channel, ditch, etc. | 0 | L | |
6176 Boxleaf Pl | Single Family | 3,291 | B | |
7735 Oak Grove Cir | Single Family | 2,727 | B | |
7902 Oak Grove Cir | Single Family | 2,099 | B | |
7738 Oak Grove Cir | Single Family | 2,768 | B | |
6177 Boxleaf Pl | Single Family | 3,088 | B | |
7835 Oak Grove Cir | Single Family | 2,727 | B | |
7898 Oak Grove Cir | Single Family | 1,977 | B | |
7670 Oak Grove Cir | Single Family | 2,727 | B | |
7739 Oak Grove Cir | Single Family | 2,727 | B | |
7858 Oak Grove Cir | Single Family | 2,037 | 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 74 of all properties in this area. This suggests it would appeal to someone earning around $97,692 per year who should qualify for a mortgage between $195,384 and $244,230.
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 74 of all properties in this area. This corresponds to a rent of $1,274 per month and a monthly household income of $3,449 ($41,388 per year)
Nearby Companies
7742 Oak Grove Cir
7723 Oak Grove Cir
7710 Oak Grove Cir
6176 Boxleaf Pl
6425 Stonehurst Cir
7882 Oak Grove Cir
6159 Cotton Rose Ln
6159 Cotton Rose Ln
7670 Oak Grove Cir
7671 Oak Grove Cir
7671 Oak Grove Cir