5228 Pine Abbey Dr S, West Palm Beach
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:
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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 | |
|---|---|---|---|---|
| 5232 Pine Abbey Dr S | Single Family | 1,154 | B |
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| 5224 Pine Abbey Dr S | Single Family | 1,154 | B |
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| 5236 Pine Abbey Dr S | Single Family | 1,233 | B |
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| 5220 Pine Abbey Dr S | Single Family | 1,233 | B |
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| 5240 Pine Abbey Dr S | Single Family | 1,157 | B |
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| 5227 Pine Abbey Dr S | Single Family | 1,233 | B |
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| 5231 Pine Abbey Dr S | Single Family | 1,154 | B |
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| 5223 Pine Abbey Dr S | Single Family | 1,154 | B |
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| 5235 Pine Abbey Dr S | Single Family | 1,233 | B |
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| 5216 Pine Abbey Dr S | Single Family | 1,154 | B |
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| 5212 Pine Abbey Dr S | Single Family | 1,233 | B |
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| 5208 Pine Abbey Dr S | Single Family | 1,154 | B |
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| 5197 Pine Abbey Dr S | Single Family | 1,154 | B |
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| 5218 Glencove Ln | Single Family | 1,006 | B |
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| 5204 Pine Abbey Dr S | Single Family | 1,233 | B |
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| 5214 Glencove Ln | Single Family | 1,069 | B |
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| 5193 Pine Abbey Dr S | Single Family | 1,233 | B |
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| 5250 Pine Abbey Dr S | Undefined - Reserved for Use by Department of Revenue | 289 | B |
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| 5200 Pine Abbey Dr S | Single Family | 1,154 | B |
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| 5210 Glencove Ln | Single Family | 1,006 | B |
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| 5208 Glencove Ln | Single Family | 1,069 | B |
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| 5196 Pine Abbey Dr S | Single Family | 1,983 | B |
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| 5189 Pine Abbey Dr S | Single Family | 1,983 | B |
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| 5202 Glencove Ln | Single Family | 1,006 | B |
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| 5192 Pine Abbey Dr S | Single Family | 1,983 | B |
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| 5185 Pine Abbey Dr S | Single Family | 1,983 | B |
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| 5198 Glencove Ln | Single Family | 1,069 | B |
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| 5188 Pine Abbey Dr S | Single Family | 1,983 | B |
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| 5223 Glencove Ln | Single Family | 1,069 | B |
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| 5219 Glencove Ln | Single Family | 1,006 | B |
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| 5181 Pine Abbey Dr S | Single Family | 1,983 | B |
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| 5215 Glencove Ln | Single Family | 1,069 | B |
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| 5194 Glencove Ln | Single Family | 1,006 | B |
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| 5184 Pine Abbey Dr S | Single Family | 1,983 | B |
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| 5211 Glencove Ln | Single Family | 1,006 | B |
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| 5177 Pine Abbey Dr S | Single Family | 1,983 | B |
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| 5190 Glencove Ln | Single Family | 1,069 | B |
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| 5207 Glencove Ln | Single Family | 1,069 | B |
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| 5180 Pine Abbey Dr S | Single Family | 1,983 | B |
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| 5203 Glencove Ln | Single Family | 1,006 | B |
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| 5173 Pine Abbey Dr S | Single Family | 1,233 | B |
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| 5176 Pine Abbey Dr S | Single Family | 1,983 | B |
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| 5199 Glencove Ln | Single Family | 1,069 | B |
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| 5178 Glencove Ln | Single Family | 1,006 | B |
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| 5169 Pine Abbey Dr S | Single Family | 1,154 | B |
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| 5195 Glencove Ln | Single Family | 1,006 | B |
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| 5172 Pine Abbey Dr S | Single Family | 1,233 | B |
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| 5174 Glencove Ln | Single Family | 1,069 | B |
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| 2010 Laura Ln | Multi-family - less than 10 units | 3,560 | B |
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Local Household Income
The median household income in this part of Florida is $45,914. The bottom 10% of the population earn less than $15,196 per year. The top 10% earn more than $110,931 per year. The top 1% earn more than $275,274 per year. Most renters earn between $27,132 (20th percentile) and $44,184 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $91,828 and $114,785.
The tax assessed value of this property places it in percentile 21 of all properties in this area. This suggests it would appeal to someone earning around $23,683 per year who should qualify for a mortgage between $47,366 and $59,208.
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 $1,048. Most renters earn between $2,261 and $3,682 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $816 (20th percentile) to $1,318 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 21 of all properties in this area. This corresponds to a rent of $829 per month and a monthly household income of $2,301 ($27,612 per year)
Nearby Companies
5148 Pine Abbey Dr South
5148 Pine Abbey Drive South
5148 Pine Abbey Drive South
5148 Pine Abbey Drive South
5164 Pine Abby Dr
5188 Pine Abby Dr
5187 Glencove Ln
5198 Glen Cove Ln