1592 Ferngran Ave, 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:
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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 1588 Ferngran Ave | Single Family | 1,150 | B |
 |
| 5355 Mendoza St | Single Family | 1,316 | B |
|
| 1580 Ferngran Ave | Single Family | 1,368 | B |
|
| 5359 Mendoza St | Single Family | 1,324 | B |
|
| 5349 Mendoza St | Single Family | 1,324 | B |
|
| 1576 Ferngran Ave | Single Family | 1,368 | B |
|
| 5345 Mendoza St | Single Family | 1,316 | B |
|
| 1568 Ferngran Ave | Single Family | 1,368 | B |
|
| 5383 Mendoza St | Single Family | 1,150 | B |
|
| 1564 Ferngran Ave | Single Family | 1,368 | B |
|
| 5337 Mendoza St | Single Family | 1,324 | B |
|
| 1581 Ferngran Ave | Single Family | 1,128 | B |
|
| 5356 Mendoza St | Single Family | 1,324 | B |
|
| 5360 Mendoza St | Single Family | 1,324 | B |
|
| 5387 Mendoza St | Single Family | 1,150 | B |
|
| 1577 Ferngran Ave | Single Family | 1,176 | B |
|
| 5350 Mendoza St | Single Family | 1,176 | B |
|
| 5346 Mendoza St | Single Family | 1,324 | B |
|
| 5333 Mendoza St | Single Family | 1,176 | B |
|
| 1569 Ferngran Ave | Single Family | 1,316 | B |
|
| 1556 Ferngran Ave | Single Family | 1,368 | B |
|
| 5391 Mendoza St | Single Family | 1,150 | B |
|
| 1565 Ferngran Ave | Single Family | 1,376 | B |
|
| 5384 Mendoza St | Single Family | 1,128 | B |
|
| 1552 Ferngran Ave | Single Family | 1,368 | B |
|
| 5334 Mendoza St | Single Family | 1,128 | B |
|
| 5395 Mendoza St | Single Family | 1,150 | B |
|
| 1670 Ferngran Ave | Single Family | 1,316 | B |
|
| 5388 Mendoza St | Single Family | 1,376 | B |
|
| 1557 Ferngran Ave | Single Family | 1,176 | B |
|
| 5330 Mendoza St | Single Family | 1,324 | B |
|
| 1544 Ferngran Ave | Single Family | 1,120 | B |
|
| 1674 Ferngran Ave | Single Family | 1,316 | B |
|
| 5399 Mendoza St | Single Family | 1,150 | B |
|
| 5396 Mendoza St | Single Family | 1,150 | B |
|
| 1553 Ferngran Ave | Single Family | 1,324 | B |
|
| 1671 Ferngran Ave | Single Family | 1,372 | B |
|
| 5331 Mendoza St | Undefined - Reserved for Use by Department of Revenue | 1,727 | B |
|
| 5358 Garden Hills Cir | Single Family | 1,368 | B |
|
| 5354 Garden Hills Cir | Single Family | 1,150 | B |
|
| 1540 Ferngran Ave | Single Family | 936 | B |
|
| 5400 Mendoza St | Single Family | 1,150 | B |
|
| 5403 Mendoza St | Single Family | 1,150 | B |
|
| 5346 Garden Hills Cir | Single Family | 1,324 | B |
|
| 5322 Mendoza St | Single Family | 1,176 | B |
|
| 1675 Ferngran Ave | Single Family | 1,372 | B |
|
| 5342 Garden Hills Cir | Single Family | 1,376 | B |
|
| 5322 Garden Hills Cir | Single Family | 1,150 | B |
|
| 5318 Garden Hills Cir | Single Family | 1,150 | 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 36 of all properties in this area. This suggests it would appeal to someone earning around $35,012 per year who should qualify for a mortgage between $70,024 and $87,530.
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 36 of all properties in this area. This corresponds to a rent of $950 per month and a monthly household income of $2,648 ($31,776 per year)
Nearby Companies
5331 Mendoza St
1580 Ferngran Ave
1544 Ferngran Ave
5405 Garden Hill Cir
5350 Mendoza St
5404 Mendoza St
5355 Mendoza St