5629 Honeysuckle Dr, 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 | |
|---|---|---|---|---|
| 5641 Honeysuckle Dr | Single Family | 798 | B |
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| 5617 Honeysuckle Dr | Single Family | 830 | B |
|
| 5630 Forest Hill Blvd | Single Family | 1,259 | B |
|
| 5653 Honeysuckle Dr | Single Family | 867 | B |
|
| 5642 Forest Hill Blvd | Single Family | 1,084 | B |
|
| 5618 Forest Hill Blvd | Single Family | 875 | B |
|
| 5654 Forest Hill Blvd | Single Family | 825 | B |
|
| 5630 Honeysuckle Dr | Single Family | 1,121 | B |
|
| 5642 Honeysuckle Dr | Single Family | 788 | B |
|
| 5665 Honeysuckle Dr | Single Family | 748 | B |
|
| 5618 Honeysuckle Dr | Single Family | 896 | B |
|
| 5654 Honeysuckle Dr | Single Family | 1,091 | B |
|
| 5666 Forest Hill Blvd | Single Family | 779 | B |
|
| 5666 Honeysuckle Dr | Single Family | 760 | B |
|
| 5677 Honeysuckle Dr | Single Family | 1,651 | B |
|
| 5678 Forest Hill Blvd | Single Family | 1,160 | B |
|
| 5581 Honeysuckle Dr | Single Family | 1,245 | B |
|
| 5629 Cinnamon Dr | Single Family | 1,490 | B |
|
| 5641 Cinnamon Dr | Single Family | 877 | B |
|
| 5678 Honeysuckle Dr | Single Family | 965 | B |
|
| 5580 Forest Hill Blvd | Single Family | 921 | B |
|
| 5617 Cinnamon Dr | Single Family | 1,688 | B |
|
| 5653 Cinnamon Dr | Single Family | 1,018 | B |
|
| 5689 Honeysuckle Dr | Single Family | 882 | B |
|
| 5580 Honeysuckle Dr | Single Family | 1,048 | B |
|
| 5690 Forest Hill Blvd | Single Family | 957 | B |
|
| 5665 Cinnamon Dr | Single Family | 1,062 | B |
|
| 1733 Maypop Rd | Single Family | 1,596 | B |
|
| 5690 Honeysuckle Dr | Single Family | 865 | B |
|
| 5567 Honeysuckle Dr | Single Family | 971 | B |
|
| 1800 Maypop Rd | Single Family | 1,277 | B |
|
| 5701 Honeysuckle Dr | Single Family | 917 | B |
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| 5677 Cinnamon Dr | Single Family | 893 | B |
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| 5566 Forest Hill Blvd | Single Family | 1,128 | B |
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| 5702 Forest Hill Blvd | Single Family | 971 | B |
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| 1804 Maypop Rd | Single Family | 951 | B |
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| 5702 Honeysuckle Dr | Single Family | 1,250 | B |
|
| 1733 Julie Tonia Dr | Single Family | 1,488 | B |
|
| 5566 Honeysuckle Dr | Single Family | 1,076 | B |
|
| 1732 Maypop Rd | Single Family | 1,488 | B |
|
| 5689 Cinnamon Dr | Single Family | 1,031 | B |
|
| 5533 Honeysuckle Dr | Single Family | 807 | B |
|
| 5715 Honeysuckle Dr | Single Family | 1,486 | B |
|
| 1712 Julie Tonia Dr | Single Family | 1,585 | B |
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| 1713 Maypop Rd | Single Family | 1,612 | B |
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| 5552 Forest Hill Blvd | Single Family | 721 | B |
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| 1793 Calico Rd | Single Family | 1,274 | B |
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| 5714 Forest Hill Blvd | Single Family | 868 | B |
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| 1816 Maypop Rd | Single Family | 834 | 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 58 of all properties in this area. This suggests it would appeal to someone earning around $52,750 per year who should qualify for a mortgage between $105,500 and $131,875.
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 58 of all properties in this area. This corresponds to a rent of $1,096 per month and a monthly household income of $2,983 ($35,796 per year)
Nearby Companies
5702 Forest Hill Blvd
5702 Honeysuckle Dr
5677 Cinnamon Dr
487 Naish Ave
487 Naish Ave
5653 Honeysuckle Dr
5653 Honeysuckle Dr
5653 Honeysuckle Dr
5653 Honeysuckle Dr
1816 Maypop Rd
5630 Forest Hill Blvd
5630 Forest Hill Blvd