4563 Perth Rd, West Palm Beach
Palm Beach County Real Estate - West Palm Beach
West Palm Beach is in South East Florida. It's population as recorded in the 2010 Census was 99,919.
The median age for residents of West Palm Beach is 38.1. Around 25.5% of West Palm Beach households include school aged children and 26.9% of households include individuals aged 65 years or over. Census records indicate 56.7% of the West Palm Beach population are White, 32.4% are Black or African American, .4% American Indian, 2.2% Asian and 2.6% are Two or more Races. West Palm Beach has a significant Hispanic population. 22.6% (22,601) of West Palm Beach residents are of Hispanic or Latino origin. Of these 12.41% are of Mexican origin, 14.56% Puerto Rican, 23.61% Cuban and 49.41% are of other Hispanic or Latino origin.
There are 54,179 housing units in West Palm Beach. 11,267 (20.7%) of these were reported as vacant in the 2010 Census. There are 25,318 residential rental units in West Palm Beach. 21,180 of them were occupied in 2010 providing a residential rental vacancy rate of 15.9%.
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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 | |
|---|---|---|---|---|
| 4551 Perth Rd | Single Family | 1,100 | B |
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| 4569 Perth Rd | Single Family | 2,475 | B |
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| 4630 Perth Rd | Condominium | 749 | B |
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| 4626 Perth Rd | Condominium | 749 | B |
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| 4625 Perth Rd | Condominium | 749 | B |
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| 4629 Perth Rd | Condominium | 656 | B |
|
| 4597 Perth Rd | Single Family | 1,422 | B |
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| 4633 Perth Rd | Condominium | 656 | B |
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| 4634 Perth Rd | Condominium | 656 | B |
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| 4638 Perth Rd | Condominium | 1,048 | B |
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| 4641 Perth Rd | Condominium | 1,048 | B |
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| 4637 Perth Rd | Condominium | 749 | B |
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| 4642 Perth Rd | Condominium | 749 | B |
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| 393 S Military Trl | Store, one story | 6,410 | B |
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| 4650 Perth Rd | Condominium | 656 | B |
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| 4646 Perth Rd | Condominium | 749 | B |
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| 4645 Perth Rd | Condominium | 656 | B |
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| 4649 Perth Rd | Condominium | 749 | B |
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| 4661 Perth Rd | Condominium | 656 | B |
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| 4657 Perth Rd | Condominium | 749 | B |
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| 4654 Perth Rd | Condominium | 1,048 | B |
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| 4653 Perth Rd | Condominium | 749 | B |
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| 4568 Perth Rd | Single Family | 1,451 | B |
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| 4560 Perth Rd | Single Family | 1,878 | B |
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| 4613 Perth Rd | Single Family | 1,681 | B |
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| 4665 Perth Rd | Condominium | 656 | B |
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| 4669 Perth Rd | Condominium | 749 | B |
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| 417 S Military Trl | Auto sales, auto repair and storage or auto service shop | 432 | B |
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| 4596 Perth Rd | Single Family | 3,106 | B |
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| S Military Trl | Auto sales, auto repair and storage or auto service shop | 0 | L | |
| 4612 Perth Rd | Single Family | 1,408 | B |
|
| 479 S Military Trl | Auto sales, auto repair and storage or auto service shop | 3,660 | B |
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| 345 S Military Trl | Church | 61,615 | B |
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| 404 S Military Trl | Vacant Commercial | 0 | L | |
| 4595 Sunny Ln | Multi-family - less than 10 units | 4,151 | 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 84 of all properties in this area. This suggests it would appeal to someone earning around $92,239 per year who should qualify for a mortgage between $184,478 and $230,598.
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 84 of all properties in this area. This corresponds to a rent of $1,399 per month and a monthly household income of $3,857 ($46,284 per year)
Nearby Companies
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