4971 Pimlico Ct, 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 | |
|---|---|---|---|---|
| 4973 Pimlico Ct | Single Family | 1,002 | B |
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| 4969 Pimlico Ct | Single Family | 1,216 | B |
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| 4893 Pimlico Ct | Single Family | 1,216 | B |
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| 4967 Pimlico Ct | Single Family | 1,216 | B |
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| 4975 Pimlico Ct | Single Family | 1,216 | B |
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| 4891 Pimlico Ct | Single Family | 1,216 | B |
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| 4895 Pimlico Ct | Single Family | 1,002 | B |
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| 4889 Pimlico Ct | Single Family | 1,216 | B |
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| 4897 Pimlico Ct | Single Family | 1,002 | B |
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| 4965 Pimlico Ct | Single Family | 1,216 | B |
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| 4977 Pimlico Ct | Single Family | 1,216 | B |
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| 4972 Pimlico Ct | Single Family | 1,216 | B |
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| 4974 Pimlico Ct | Single Family | 1,216 | B |
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| 4970 Pimlico Ct | Single Family | 1,216 | B |
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| 4887 Pimlico Ct | Single Family | 1,216 | B |
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| 4899 Pimlico Ct | Single Family | 1,216 | B |
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| 4976 Pimlico Ct | Single Family | 1,216 | B |
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| 4968 Pimlico Ct | Single Family | 1,216 | B |
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| 4963 Pimlico Ct | Single Family | 1,216 | B |
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| 4979 Pimlico Ct | Single Family | 1,246 | B |
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| 4978 Pimlico Ct | Single Family | 1,216 | B |
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| 4966 Pimlico Ct | Single Family | 1,216 | B |
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| 4901 Pimlico Ct | Single Family | 1,216 | B |
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| 4980 Pimlico Ct | Single Family | 1,216 | B |
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| 4981 Pimlico Ct | Single Family | 1,216 | B |
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| 4961 Pimlico Ct | Single Family | 1,216 | B |
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| 4964 Pimlico Ct | Single Family | 1,216 | B |
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| 4894 Pimlico Ct | Single Family | 1,216 | B |
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| 4896 Pimlico Ct | Single Family | 1,216 | B |
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| 4898 Pimlico Ct | Single Family | 1,216 | B |
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| 4903 Pimlico Ct | Single Family | 1,216 | B |
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| 4892 Pimlico Ct | Single Family | 1,216 | B |
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| 4883 Pimlico Ct | Single Family | 1,216 | B |
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| 4900 Pimlico Ct | Single Family | 1,216 | B |
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| 4982 Pimlico Ct | Single Family | 1,216 | B |
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| 4962 Pimlico Ct | Single Family | 1,002 | B |
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| 4983 Pimlico Ct | Single Family | 1,002 | B |
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| 4959 Pimlico Ct | Single Family | 1,216 | B |
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| 4881 Pimlico Ct | Single Family | 1,216 | B |
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| 4902 Pimlico Ct | Single Family | 1,216 | B |
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| 4905 Pimlico Ct | Single Family | 1,216 | B |
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| 4984 Pimlico Ct | Single Family | 1,216 | B |
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| 4878 Pimlico Ct | Single Family | 1,216 | B |
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| 4960 Pimlico Ct | Single Family | 1,077 | B |
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| 4879 Pimlico Ct | Single Family | 1,216 | B |
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| 4999 Pimlico Ct | Single Family | 1,254 | B |
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| 4904 Pimlico Ct | Single Family | 1,216 | B |
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| 4991 Pimlico Ct | Single Family | 1,106 | B |
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| 5001 Pimlico Ct | Single Family | 1,216 | 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 16 of all properties in this area. This suggests it would appeal to someone earning around $20,037 per year who should qualify for a mortgage between $40,074 and $50,093.
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 16 of all properties in this area. This corresponds to a rent of $770 per month and a monthly household income of $2,046 ($24,552 per year)
Nearby Companies
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