6870 Farragut Ln, Boynton Beach
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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 6856 Farragut Ln | Single Family | 1,668 | B |
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| 6842 Farragut Ln | Single Family | 1,702 | B |
|
| 9806 Goldenrod Dr | Single Family | 2,063 | B |
|
| 9759 Arbor Meadow Dr | Single Family | 2,321 | B |
|
| 9767 Arbor Meadow Dr | Single Family | 1,694 | B |
|
| 6871 Farragut Ln | Single Family | 1,923 | B |
|
| 9814 Goldenrod Dr | Single Family | 1,600 | B |
|
| 6857 Farragut Ln | Single Family | 2,129 | B |
|
| 9751 Arbor Meadow Dr | Single Family | 1,702 | B |
|
| 9775 Arbor Meadow Dr | Single Family | 2,539 | B |
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| 6843 Farragut Ln | Single Family | 1,502 | B |
|
| 9822 Goldenrod Dr | Single Family | 1,855 | B |
|
| 9743 Arbor Meadow Dr | Single Family | 2,316 | B |
|
| 6829 Farragut Ln | Single Family | 2,316 | B |
|
| 9830 Goldenrod Dr | Single Family | 1,692 | B |
|
| 9783 Arbor Meadow Dr | Single Family | 1,769 | B |
|
| 6814 Farragut Ln | Single Family | 1,843 | B |
|
| 9735 Arbor Meadow Dr | Single Family | 1,692 | B |
|
| 6815 Farragut Ln | Single Family | 2,466 | B |
|
| 9838 Goldenrod Dr | Single Family | 1,698 | B |
|
| 6870 Alden Ridge Dr | Single Family | 2,526 | B |
|
| 9799 Goldenrod Dr | Single Family | 2,030 | B |
|
| 6856 Alden Ridge Dr | Single Family | 2,533 | B |
|
| 9791 Goldenrod Dr | Single Family | 2,321 | B |
|
| 9815 Goldenrod Dr | Single Family | 1,692 | B |
|
| 9727 Arbor Meadow Dr | Single Family | 2,316 | B |
|
| 6800 Farragut Ln | Single Family | 2,129 | B |
|
| 6842 Alden Ridge Dr | Single Family | 2,529 | B |
|
| 6801 Farragut Ln | Single Family | 2,147 | B |
|
| 9823 Goldenrod Dr | Single Family | 1,692 | B |
|
| 9846 Goldenrod Dr | Single Family | 1,849 | B |
|
| 6828 Alden Ridge Dr | Single Family | 2,648 | B |
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| 9831 Goldenrod Dr | Single Family | 2,316 | B |
|
| 6787 Farragut Ln | Single Family | 1,600 | B |
|
| 6786 Farragut Ln | Single Family | 1,698 | B |
|
| 6814 Alden Ridge Dr | Single Family | 2,526 | B |
|
| 9839 Goldenrod Dr | Single Family | 1,692 | B |
|
| 9854 Goldenrod Dr | Single Family | 1,901 | B |
|
| 6800 Alden Ridge Dr | Single Family | 2,230 | B |
|
| 6773 Farragut Ln | Single Family | 2,316 | B |
|
| 6871 Alden Ridge Dr | Single Family | 1,925 | B |
|
| 6772 Farragut Ln | Single Family | 2,129 | B |
|
| 9847 Goldenrod Dr | Single Family | 1,692 | B |
|
| 6857 Alden Ridge Dr | Single Family | 2,529 | B |
|
| 6843 Alden Ridge Dr | Single Family | 1,702 | B |
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| 6786 Alden Ridge Dr | Single Family | 2,316 | 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 50 of all properties in this area. This suggests it would appeal to someone earning around $58,828 per year who should qualify for a mortgage between $117,656 and $147,070.
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 50 of all properties in this area. This corresponds to a rent of $1,028 per month and a monthly household income of $2,670 ($32,040 per year)
Nearby Companies
9128 A Se Bridge Rd
9674 Arbor Meadow Dr
9694 Arbor Meadow Dr
6857 Farragut Ln
6828 Farragut Ln
6815 Farragut Ln
6815 Farragut Ln
9815 Goldenrod Dr
9823 Goldenrod Dr
11704 Arbor Mead Ave
11704 Arbor Mead Ave
11704 Arbor Mead Ave
11708 Arbor Mead Ave
11710 Arbor Mead Ave
11710 Arbor Mead Ave
9831 Goldenrod Dr