1198 Tangelo 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:
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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 | |
|---|---|---|---|---|
| 1221 Kirk Rd | Multi-family - less than 10 units | 2,006 | B |
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| 1182 Tangelo Ave | Single Family | 1,242 | B |
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| 1213 Tangelo Ave | Single Family | 648 | B |
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| 1221 Tangelo Ave | Single Family | 1,014 | B |
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| 1230 Tangelo Ave | Single Family | 433 | B |
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| 1203 Tangelo Ave | Single Family | 666 | B |
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| 1209 Tangelo Ave | Single Family | 883 | B |
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| 1179 Tangelo Ave | Single Family | 1,183 | B |
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| 1243 Tangelo Ave | Single Family | 1,916 | B |
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| 1160 Tangelo Ave | Multi-family - less than 10 units | 3,563 | B |
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| 1187 High Rd | Single Family | 2,004 | B |
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| 1226 Kirk Rd | Single Family | 2,845 | B |
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| 1256 Tangelo Ave | Single Family | 1,224 | B |
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| 1155 High Rd | Single Family | 741 | B |
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| 1159 Tangelo Ave | Single Family | 1,677 | B |
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| 1149 High Rd | Single Family | 956 | B |
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| 1235 High Rd | Single Family | 1,181 | B |
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| 1253 Tangelo Ave | Single Family | 1,841 | B |
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| 1198 Royal Palm Ave | Single Family | 786 | B |
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| 1156 Tangelo Ave | Single Family | 1,255 | B |
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| 1143 Tangelo Ave | Single Family | 609 | B |
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| 1260 Tangelo Ave | Single Family | 1,008 | B |
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| 1230 Royal Palm Ave | Single Family | 872 | B |
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| 1186 Royal Palm Ave | Multi-family - less than 10 units | 1,205 | B |
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| 1139 High Rd | Single Family | 1,245 | B |
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| 1250 Royal Palm Ave | Single Family | 860 | B |
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| 4055 Happiness St | Single Family | 1,176 | B |
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| 1139 Tangelo Ave | Single Family | 1,199 | B |
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| 1154 Royal Palm Ave | Multi-family - less than 10 units | 1,759 | B |
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| 1132 Tangelo Ave | Single Family | 1,396 | B |
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| 3991 Happiness St | Single Family | 1,755 | B |
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| 4067 Happiness St | Single Family | 1,101 | B |
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| 1221 Sunset Rd | Single Family | 1,009 | B |
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| 1211 Sunset Rd | Single Family | 998 | B |
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| 1147 High Rd | Single Family | 1,624 | B |
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| 1231 Sunset Rd | Single Family | 617 | B |
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| 1189 Sunset Rd | Single Family | 1,892 | B |
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| 1237 Sunset Rd | Multi-family - less than 10 units | 2,440 | B |
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| 1181 Sunset Rd | Single Family | 1,286 | B |
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| 1160 Royal Palm Ave | Single Family | 1,875 | B |
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| 1137 Tangelo Ave | Multi-family - less than 10 units | 1,867 | B |
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| 1177 Sunset Rd | Single Family | 1,095 | B |
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| 4014 Happiness St | Single Family | 1,285 | B |
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| 1243 Sunset Rd | Single Family | 1,101 | B |
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| 1128 Tangelo Ave | Single Family | 814 | B |
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| 4081 Happiness St | Single Family | 1,314 | B |
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| 1167 Sunset Rd | Single Family | 1,243 | B |
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| 1135 High Rd | Public county school | 0 | L | |
| 1265 Sunset Rd | Single Family | 728 | 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 1 of all properties in this area. This suggests it would appeal to someone earning around $0 per year who should qualify for a mortgage between $0 and $0.
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 1 of all properties in this area. This corresponds to a rent of $259 per month and a monthly household income of $1,042 ($12,504 per year)
Nearby Companies
1157 Sunset Rd
1147 High Rd
1230 Royal Palm Ave
1213 Tangelo Ave
1183 Royal Palm Ave
1183 Royal Palm Ave
1183 Royal Palm Ave
1183 Royal Palm Ave
1183 Royal Palm Ave
1183 Royal Palm Ave