5618 Dewberry Way, 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 | |
|---|---|---|---|---|
| 5614 Dewberry Way | Single Family | 1,927 | B |
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| 5622 Dewberry Way | Single Family | 1,583 | B |
|
| 5610 Dewberry Way | Single Family | 2,373 | B |
|
| 5626 Dewberry Way | Single Family | 1,927 | B |
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| 5606 Dewberry Way | Single Family | 2,373 | B |
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| 5630 Dewberry Way | Single Family | 1,583 | B |
|
| 5619 Dewberry Way | Single Family | 1,438 | B |
|
| 5615 Dewberry Way | Single Family | 1,927 | B |
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| 5623 Dewberry Way | Single Family | 1,927 | B |
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| 5627 Dewberry Way | Single Family | 1,583 | B |
|
| 5611 Dewberry Way | Single Family | 2,373 | B |
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| 5602 Dewberry Way | Single Family | 1,586 | B |
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| 5631 Dewberry Way | Single Family | 1,937 | B |
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| 5607 Dewberry Way | Single Family | 1,927 | B |
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| 5634 Dewberry Way | Single Family | 2,373 | B |
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| 5889 Snowdrop Way | Single Family | 1,927 | B |
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| 5888 Snowdrop Way | Single Family | 1,927 | B |
|
| 5598 Dewberry Way | Single Family | 1,583 | B |
|
| 5603 Dewberry Way | Single Family | 1,586 | B |
|
| 5635 Dewberry Way | Single Family | 2,373 | B |
|
| 5897 Snowdrop Way | Single Family | 1,583 | B |
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| 5896 Snowdrop Way | Single Family | 1,586 | B |
|
| 5599 Dewberry Way | Single Family | 2,373 | B |
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| 6220 Azalea Cir | Single Family | 1,771 | B |
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| 5638 Dewberry Way | Single Family | 2,373 | B |
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| 5794 Thisledown Ct | Single Family | 1,603 | B |
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| 5905 Snowdrop Way | Single Family | 2,373 | B |
|
| 5904 Snowdrop Way | Single Family | 1,927 | B |
|
| 1317 Strawberry Ln | Single Family | 1,927 | B |
|
| 5880 Snowdrop Way | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 1309 Strawberry Ln | Single Family | 1,586 | B |
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| 1325 Strawberry Ln | Single Family | 1,583 | B |
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| 6216 Azalea Cir | Single Family | 1,505 | B |
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| 5800 Thisledown Ct | Single Family | 1,584 | B |
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| 1301 Strawberry Ln | Single Family | 1,601 | B |
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| 1333 Strawberry Ln | Single Family | 2,373 | B |
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| 5642 Dewberry Way | Single Family | 2,373 | B |
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| 1293 Strawberry Ln | Single Family | 2,373 | B |
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| 1341 Strawberry Ln | Single Family | 1,927 | B |
|
| 5806 Thisledown Ct | Single Family | 1,603 | B |
|
| 5913 Snowdrop Way | Single Family | 1,583 | B |
|
| 5912 Snowdrop Way | Single Family | 2,373 | B |
|
| 5646 Dewberry Way | Single Family | 1,927 | B |
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| 6204 Azalea Cir | Single Family | 1,945 | B |
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| 1285 Strawberry Ln | Single Family | 2,373 | B |
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| 1349 Strawberry Ln | Single Family | 2,373 | B |
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| 5650 Dewberry Way | Single Family | 1,438 | B |
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| 5812 Thisledown Ct | Single Family | 1,584 | B |
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| 1357 Strawberry Ln | Single Family | 2,373 | 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 65 of all properties in this area. This suggests it would appeal to someone earning around $60,468 per year who should qualify for a mortgage between $120,936 and $151,170.
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 65 of all properties in this area. This corresponds to a rent of $1,129 per month and a monthly household income of $3,075 ($36,900 per year)
Nearby Companies
1389 Apple Blossom Ln
1388 Blue Clover Ln
1381 Corn Flower Ln
5933 Azalea Cir
5933 Azalea Cir
5932 Azalea Cir
5932 Azalea Cir
5732 Azalea Cir
5903 Azalea Cir
5860 Azalea Cir
5860 Azalea Cir
5602 Dewberry Way
1325 Strawberry Ln
5905 Snowdrop Way
5635 Dewberry Way
5800 Thisledown Ct
5618 Dewberry Way
5618 Dewberry Way
5619 Dewberry Way
5746 Rambler Rose Way