5150 Palm Hill Dr Unit 253, 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

AddressTypeSq FtClass 
5150 Palm Hill Dr Unit 254 Condominium 792 B
5150 Palm Hill Dr Unit 255 Condominium 792 B
5150 Palm Hill Dr Unit 256 Condominium 792 B
5150 Palm Hill Dr Unit 257 Condominium 792 B
5150 Palm Hill Dr Unit 259 Condominium 792 B
5150 Palm Hill Dr Unit 260 Condominium 792 B
5150 Palm Hill Dr Unit 261 Condominium 792 B
5150 Palm Hill Dr Unit 262 Condominium 792 B
5150 Palm Hill Dr Unit 258 Condominium 792 B
5140 Palm Hill Dr Unit 252 Condominium 792 B
5140 Palm Hill Dr Unit 251 Condominium 792 B
5140 Palm Hill Dr Unit 250 Condominium 792 B
5140 Palm Hill Dr Unit 249 Condominium 792 B
5140 Palm Hill Dr Unit 248 Condominium 792 B
5140 Palm Hill Dr Unit 247 Condominium 792 B
5140 Palm Hill Dr Unit 246 Condominium 792 B
5140 Palm Hill Dr Unit 245 Condominium 792 B
5140 Palm Hill Dr Unit 244 Condominium 792 B
5140 Palm Hill Dr Unit 243 Condominium 792 B
5130 Palm Hill Dr Unit 242 Condominium 792 B
5130 Palm Hill Dr Unit 241 Condominium 792 B
5130 Palm Hill Dr Unit 240 Condominium 792 B
5130 Palm Hill Dr Unit 239 Condominium 792 B
5130 Palm Hill Dr Unit 238 Condominium 792 B
5130 Palm Hill Dr Unit 237 Condominium 792 B
5130 Palm Hill Dr Unit 236 Condominium 792 B
5130 Palm Hill Dr Unit 233 Condominium 792 B
5130 Palm Hill Dr Unit 234 Condominium 792 B
5130 Palm Hill Dr Unit 235 Condominium 792 B
5120 Palm Hill Dr Unit 223 Condominium 792 B
5120 Palm Hill Dr Unit 232 Condominium 792 B
5120 Palm Hill Dr Unit 231 Condominium 792 B
5120 Palm Hill Dr Unit 230 Condominium 792 B
5120 Palm Hill Dr Unit 229 Condominium 792 B
5120 Palm Hill Dr Unit 228 Condominium 792 B
5120 Palm Hill Dr Unit 227 Condominium 792 B
5120 Palm Hill Dr Unit 226 Condominium 792 B
5120 Palm Hill Dr Unit 225 Condominium 792 B
5120 Palm Hill Dr Unit 224 Condominium 792 B
5110 Palm Hill Dr Unit 213 Condominium 792 B
5110 Palm Hill Dr Unit 222 Condominium 792 B
5110 Palm Hill Dr Unit 221 Condominium 792 B
5110 Palm Hill Dr Unit 220 Condominium 792 B
5110 Palm Hill Dr Unit 214 Condominium 792 B
5110 Palm Hill Dr Unit 218 Condominium 792 B
5110 Palm Hill Dr Unit 217 Condominium 792 B
5110 Palm Hill Dr Unit 216 Condominium 792 B
5110 Palm Hill Dr Unit 215 Condominium 792 B
5110 Palm Hill Dr Unit 219 Condominium 792 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 1 of all properties in this area. This suggests it would appeal to someone earning around $0 per year who should qualify for a mortgage between $0 and $0.

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 1 of all properties in this area. This corresponds to a rent of $259 per month and a monthly household income of $1,042 ($12,504 per year)

Nearby Companies

Pinus America Inc
5025 Palm Hill Dr
Rd Diamond Cleaning Services LLC
5257 Mendoza St
C & M Janitorial Services LLC
5262 Garden Hill Cir
Fabiana Merily LLC
5245 Garden Hills Cir
Mehnert Group LLC
5283 Garden Hills Crk
Original Faith Family Apostolic Church International, Inc.
5105 Palm Hill Dr
G Y Solution Services LLC
5100 Palm Hill Dr Apt J210
Florida Atlantic Small Business Accounting LLC
5365 Garden Hill Cir
Woodstar Technologies LLC
5365 Garden Hills Cir
Isabel Steube LLC
5365 Garden Hills Cir
Disclaimers and Disclosures

Public Records Data

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