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 
5173 Pine Abbey Dr S Single Family 1,233 B
5177 Pine Abbey Dr S Single Family 1,983 B
5157 Pine Abbey Dr S Single Family 1,983 B
5181 Pine Abbey Dr S Single Family 1,983 B
5153 Pine Abbey Dr S Single Family 1,983 B
5164 Pine Abbey Dr S Single Family 1,233 B
5185 Pine Abbey Dr S Single Family 1,983 B
5172 Pine Abbey Dr S Single Family 1,233 B
5160 Pine Abbey Dr S Single Family 1,983 B
5176 Pine Abbey Dr S Single Family 1,983 B
5156 Pine Abbey Dr S Single Family 1,983 B
5149 Pine Abbey Dr S Single Family 1,983 B
5180 Pine Abbey Dr S Single Family 1,983 B
5189 Pine Abbey Dr S Single Family 1,983 B
5152 Pine Abbey Dr S Single Family 1,983 B
5145 Pine Abbey Dr S Single Family 1,983 B
5184 Pine Abbey Dr S Single Family 1,983 B
5148 Pine Abbey Dr S Single Family 1,983 B
5193 Pine Abbey Dr S Single Family 1,233 B
5188 Pine Abbey Dr S Single Family 1,983 B
5141 Pine Abbey Dr S Single Family 1,233 B
5144 Pine Abbey Dr S Single Family 1,983 B
5197 Pine Abbey Dr S Single Family 1,154 B
5192 Pine Abbey Dr S Single Family 1,983 B
5140 Pine Abbey Dr S Single Family 1,983 B
5137 Pine Abbey Dr S Single Family 1,983 B
5196 Pine Abbey Dr S Single Family 1,983 B
5166 Glencove Ln Single Family 1,069 B
5170 Glencove Ln Single Family 1,069 B
5162 Glencove Ln Single Family 1,069 B
5136 Pine Abbey Dr S Single Family 1,233 B
5174 Glencove Ln Single Family 1,069 B
5133 Pine Abbey Dr S Single Family 1,233 B
5158 Glencove Ln Single Family 1,069 B
5178 Glencove Ln Single Family 1,006 B
5150 Glencove Ln Single Family 1,006 B
5200 Pine Abbey Dr S Single Family 1,154 B
5146 Glencove Ln Single Family 1,069 B
5223 Pine Abbey Dr S Single Family 1,154 B
5190 Glencove Ln Single Family 1,069 B
5128 Pine Abbey Dr S Single Family 1,233 B
5194 Glencove Ln Single Family 1,006 B
5142 Glencove Ln Single Family 1,006 B
5227 Pine Abbey Dr S Single Family 1,233 B
5125 Pine Abbey Dr S Single Family 1,233 B
5198 Glencove Ln Single Family 1,069 B
5138 Glencove Ln Single Family 1,006 B
5231 Pine Abbey Dr S Single Family 1,154 B
5124 Pine Abbey Dr S Single Family 1,983 B

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 7 of all properties in this area. This suggests it would appeal to someone earning around $12,655 per year who should qualify for a mortgage between $25,310 and $31,638.

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 7 of all properties in this area. This corresponds to a rent of $619 per month and a monthly household income of $1,688 ($20,256 per year)

Nearby Companies

1600 West 12th Ct Inc.
2015 Bonnie Dr
563 West 4th St, Inc.
2015 Bonnie Dr
648 West First St, Inc.
2015 Bonnie Dr
Fly Hunt Usa, Inc.
2015 Bonnie Dr
Jose Said, Inc.
2015 Bonnie Dr
Inversiones Menalca LLC
2016 Bonnie Dr
Ab Stone Corporation
5117 Pine Abbey Dr S
Life Find Ministries, Inc.
5148 Pine Abbey Dr South
Best Version Of You, LLC
5148 Pine Abbey Drive South
Jackie Lespiegle LLC
5148 Pine Abbey Drive South
Beulah Residential Services, Inc.
5148 Pine Abbey Drive South
5164 Pine Abby LLC
5164 Pine Abby Dr
5188 Pine Abby LLC
5188 Pine Abby Dr
Impact Advertising Inc.
5187 Glencove Ln
Alterations By Francy LLC
5198 Glen Cove Ln
Disclaimers and Disclosures

Public Records Data

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