8886 Indian River Run, 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 | |
|---|---|---|---|---|
| 8894 Indian River Run | Single Family | 2,305 | B |
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| 8878 Indian River Run | Single Family | 3,090 | B |
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| 5753 Descartes Cir | Single Family | 3,433 | B |
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| 5757 Descartes Cir | Single Family | 3,439 | B |
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| 8902 Indian River Run | Single Family | 3,410 | B |
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| 8870 Indian River Run | Single Family | 2,339 | B |
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| 5749 Descartes Cir | Single Family | 3,444 | B |
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| 5761 Descartes Cir | Single Family | 2,721 | B |
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| 8895 Indian River Run | Single Family | 3,410 | B |
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| 8887 Indian River Run | Single Family | 3,875 | B |
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| 5745 Descartes Cir | Single Family | 3,410 | B |
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| 8903 Indian River Run | Single Family | 3,587 | B |
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| 8879 Indian River Run | Single Family | 3,410 | B |
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| 8910 Indian River Run | Single Family | 2,655 | B |
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| 8862 Indian River Run | Single Family | 2,721 | B |
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| 5765 Descartes Cir | Single Family | 2,988 | B |
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| 8911 Indian River Run | Single Family | 3,201 | B |
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| 8871 Indian River Run | Single Family | 3,440 | B |
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| 5741 Descartes Cir | Single Family | 2,795 | B |
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| 8918 Indian River Run | Single Family | 3,433 | B |
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| 5769 Descartes Cir | Single Family | 2,988 | B |
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| 5752 Descartes Cir | Single Family | 3,477 | B |
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| 5756 Descartes Cir | Single Family | 2,323 | B |
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| 8919 Indian River Run | Single Family | 3,343 | B |
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| 5748 Descartes Cir | Single Family | 2,336 | B |
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| 8846 Indian River Run | Single Family | 3,586 | B |
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| 5760 Descartes Cir | Single Family | 2,432 | B |
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| 8863 Indian River Run | Single Family | 3,416 | B |
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| 5740 Descartes Cir | Single Family | 3,657 | B |
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| 5764 Descartes Cir | Single Family | 3,343 | B |
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| 8926 Indian River Run | Single Family | 2,471 | B |
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| 8927 Indian River Run | Single Family | 2,989 | B |
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| 5773 Descartes Cir | Single Family | 3,416 | B |
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| 5737 Descartes Cir | Single Family | 2,723 | B |
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| 8855 Indian River Run | Single Family | 3,435 | B |
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| 8838 Indian River Run | Single Family | 3,416 | B |
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| 5768 Descartes Cir | Single Family | 2,391 | B |
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| 8935 Indian River Run | Single Family | 3,469 | B |
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| 8934 Indian River Run | Single Family | 3,223 | B |
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| 5733 Descartes Cir | Single Family | 2,940 | B |
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| 8847 Indian River Run | Single Family | 3,201 | B |
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| 5777 Descartes Cir | Single Family | 3,410 | B |
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| 5728 Descartes Cir | Single Family | 3,491 | B |
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| 8822 Indian River Run | Single Family | 3,229 | B |
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| 5780 Descartes Cir | Single Family | 3,552 | B |
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| 8943 Indian River Run | Single Family | 3,416 | B |
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| 5729 Descartes Cir | Single Family | 2,336 | B |
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| 8839 Indian River Run | Single Family | 3,561 | B |
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| 8814 Indian River Run | Single Family | 2,686 | B |
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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 87 of all properties in this area. This suggests it would appeal to someone earning around $138,998 per year who should qualify for a mortgage between $277,996 and $347,495.
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 87 of all properties in this area. This corresponds to a rent of $1,614 per month and a monthly household income of $4,258 ($51,096 per year)
Nearby Companies
8934 Indian River Run
5777 Descartes Cir
8902 Indian River Run
8895 Indian River Run
8838 Indian River Run