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 
671 Neil Rd Multi-family - less than 10 units 1,890 B
694 Mango Dr Multi-family - less than 10 units 1,913 B
710 Mango Dr Multi-family - less than 10 units 1,913 B
676 Mango Dr Multi-family - less than 10 units 1,913 B
692 Neil Rd Multi-family - less than 10 units 4,260 C
735 Neil Rd Multi-family - less than 10 units 5,076 B
714 Mango Dr Single Family 1,187 B
672 Mango Dr Multi-family - less than 10 units 1,913 B
4728 Gardenette Rd Single Family 1,738 B
732 Neil Rd Multi-family - less than 10 units 3,920 B
4700 Gardenette Rd Multi-family - less than 10 units 4,592 B
736 Mango Dr Single Family 1,310 B
4756 Gardenette Rd Multi-family - less than 10 units 2,080 B
758 Mango Dr Single Family 1,295 B
671 Mango Dr Multi-family - 10 units or more 14,286 B
673 Arnold Dr Single Family 1,158 B
733 Arnold Dr Single Family 1,828 B
4733 Gardenette Rd Multi-family - less than 10 units 1,304 B
757 Burch Dr Single Family 1,321 B
4682 Gardenette Rd Single Family 1,134 B
4763 Gardenette Rd Multi-family - less than 10 units 2,556 B
4715 Gardenette Rd Single Family 1,478 B
623 Mango Dr Multi-family - less than 10 units 1,090 B
737 Arnold Dr Single Family 832 B
772 Mango Dr Single Family 1,295 B
4766 Dryden Rd Single Family 1,442 B
4670 Gardenette Rd Single Family 1,380 B
4693 Gardenette Rd Multi-family - less than 10 units 1,701 B
771 Burch Dr Single Family 2,015 B
4786 Dryden Rd Single Family 1,187 B
613 Mango Dr Vacant Residential 1,359 L
786 Mango Dr Single Family 1,533 B
767 Peeples Dr Multi-family - less than 10 units 2,699 B
4811 Dryden Rd Multi-family - 10 units or more 13,176 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.

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%.

Nearby Companies

The Smokers Edge LLC
693 Arnold Dr
Abadin Cleaning Corp.
4715 Gardenette St
Beth Snyder, LLC
5342 Neil Dr
Ezmototim LLC
5342 Neil Dr
Bnp, LLC
C/O Neil S Panitz
Disclaimers and Disclosures

Public Records Data

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