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 
4896 Pinemore Ln Single Family 1,588 B
4888 Pinemore Ln Single Family 1,903 B
4900 Pinemore Ln Single Family 1,903 B
4884 Pinemore Ln Single Family 1,903 B
4904 Pinemore Ln Single Family 1,903 B
4880 Pinemore Ln Single Family 1,837 B
4908 Pinemore Ln Single Family 1,837 B
4876 Pinemore Ln Single Family 1,837 B
4891 Pinemore Ln Single Family 1,903 B
4912 Pinemore Ln Single Family 1,837 B
4887 Pinemore Ln Single Family 1,837 B
4872 Pinemore Ln Single Family 1,903 B
4883 Pinemore Ln Single Family 1,588 B
4879 Pinemore Ln Single Family 1,588 B
4895 Pinemore Ln Single Family 1,903 B
4916 Pinemore Ln Single Family 1,903 B
4875 Pinemore Ln Single Family 1,837 B
4868 Pinemore Ln Single Family 1,903 B
4899 Pinemore Ln Single Family 1,903 B
4871 Pinemore Ln Single Family 1,903 B
4864 Pinemore Ln Single Family 1,837 B
4860 Pinemore Ln Single Family 1,837 B
4903 Pinemore Ln Single Family 1,903 B
4856 Pinemore Ln Single Family 1,903 B
4867 Pinemore Ln Single Family 1,903 B
4907 Pinemore Ln Single Family 1,837 B
4863 Pinemore Ln Single Family 1,837 B
4911 Pinemore Ln Single Family 1,588 B
4859 Pinemore Ln Single Family 1,837 B
4915 Pinemore Ln Single Family 1,588 B
4855 Pinemore Ln Single Family 1,903 B
4919 Pinemore Ln Single Family 1,837 B
4923 Pinemore Ln Single Family 1,903 B
4851 Pinemore Ln Single Family 1,903 B
5016 Lantana Rd Unit 1111 Condominium 1,106 B
5016 Lantana Rd Unit 1108 Condominium 940 B
5016 Lantana Rd Unit 1107 Condominium 940 B
5016 Lantana Rd Unit 1104 Condominium 940 B
5016 Lantana Rd Unit 1102 Condominium 1,106 B
5016 Lantana Rd Unit 1112 Condominium 1,106 B
5016 Lantana Rd Unit 1311 Condominium 738 B
5016 Lantana Rd Unit 1310 Condominium 940 B
5016 Lantana Rd Unit 1309 Condominium 940 B
5016 Lantana Rd Unit 1308 Condominium 940 B
5016 Lantana Rd Unit 1307 Condominium 940 B
5016 Lantana Rd Unit 1306 Condominium 940 B
5016 Lantana Rd Unit 1305 Condominium 940 B
5016 Lantana Rd Unit 1304 Condominium 940 B
5016 Lantana Rd Unit 1312 Condominium 738 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 42 of all properties in this area. This suggests it would appeal to someone earning around $49,822 per year who should qualify for a mortgage between $99,644 and $124,555.

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 42 of all properties in this area. This corresponds to a rent of $984 per month and a monthly household income of $2,569 ($30,828 per year)

Nearby Companies

Hardwire Electronics Inc
4875 Pinemore Ln
Om Porter LLC
4892 Pinemore Ln
United States Moving Corp
5032 Lantana Rd
Massage Antidote LLC
5016 Lantana Rd
Tuxh, LLC
5024 Lantana Rd
7720 Condominium Inc.
7720 Condominiuminc
Roaro Cleaning Services LLC
4872 Pinemore Ln
Disclaimers and Disclosures

Public Records Data

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