7370 Wescott Ter, Lake Worth

Palm Beach County Real Estate - Boynton Beach

Boynton Beach is in South East Florida. It's population as recorded in the 2010 Census was 68,217.

The median age for residents of Boynton Beach is 41.9. Around 25% of Boynton Beach households include school aged children and 35.4% of households include individuals aged 65 years or over. Census records indicate 62.4% of the Boynton Beach population are White, 30.2% are Black or African American, .2% American Indian, 2.1% Asian and 2.1% are Two or more Races.

There are 36,289 housing units in Boynton Beach. 7,185 (19.7%) of these were reported as vacant in the 2010 Census. Boynton Beach is a tourist destination, 46.3% (3,330) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 11,388 residential rental units in Boynton Beach. 9,788 of them were occupied in 2010 providing a residential rental vacancy rate of 13.7%.

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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

AddressTypeSq FtClass 
7374 Wescott Ter Single Family 2,302 B
7364 Wescott Ter Single Family 2,302 B
7352 Wescott Ter Single Family 2,004 B
7418 Wescott Ter Single Family 2,408 B
7424 Wescott Ter Single Family 2,302 B
7430 Wescott Ter Single Family 2,433 B
7357 Wescott Ter Single Family 1,631 B
7363 Wescott Ter Single Family 2,550 B
7351 Wescott Ter Single Family 2,433 B
7369 Wescott Ter Single Family 2,653 B
7345 Wescott Ter Single Family 2,302 B
7373 Wescott Ter Single Family 2,408 B
7381 Wescott Ter Single Family 2,433 B
7339 Wescott Ter Single Family 2,302 B
7387 Wescott Ter Single Family 2,004 B
7333 Wescott Ter Single Family 2,433 B
7393 Wescott Ter Single Family 2,302 B
7414 Wescott Ter Single Family 2,433 B
7411 Wescott Ter Single Family 2,004 B
7423 Wescott Ter Single Family 2,302 B
7327 Wescott Ter Single Family 2,004 B
7405 Wescott Ter Single Family 2,004 B
7429 Wescott Ter Single Family 2,302 B
7321 Wescott Ter Single Family 2,004 B
7315 Wescott Ter Single Family 2,433 B
7399 Le Chalet Blvd Single Family 1,804 B
7411 Le Chalet Blvd Single Family 2,150 B
7387 Le Chalet Blvd Single Family 2,139 B
7375 Le Chalet Blvd Single Family 2,451 B
7423 Le Chalet Blvd Single Family 2,456 B
7435 Le Chalet Blvd Single Family 2,429 B
7363 Le Chalet Blvd Single Family 2,123 B
7351 Le Chalet Blvd Single Family 2,258 B
7548 Springfield Lake Dr Single Family 1,645 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.

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

America'S Best Cookware, Inc.
7423 Wescott Ter
Golden Ridge Group, LLC
7369 Wescott Ter
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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