4960 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%.
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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 | |
---|---|---|---|---|
4962 Pimlico Ct | Single Family | 1,002 | B | |
4964 Pimlico Ct | Single Family | 1,216 | B | |
1908 S Haverhill Rd | Single Family | 1,002 | B | |
4966 Pimlico Ct | Single Family | 1,216 | B | |
4959 Pimlico Ct | Single Family | 1,216 | B | |
4961 Pimlico Ct | Single Family | 1,216 | B | |
4963 Pimlico Ct | Single Family | 1,216 | B | |
4956 Pimlico Ct | Single Family | 1,002 | B | |
4968 Pimlico Ct | Single Family | 1,216 | B | |
4957 Pimlico Ct | Single Family | 1,216 | B | |
4965 Pimlico Ct | Single Family | 1,216 | B | |
4955 Pimlico Ct | Single Family | 1,216 | B | |
4954 Pimlico Ct | Single Family | 1,002 | B | |
4970 Pimlico Ct | Single Family | 1,216 | B | |
4905 Pimlico Ct | Single Family | 1,216 | B | |
4967 Pimlico Ct | Single Family | 1,216 | B | |
4903 Pimlico Ct | Single Family | 1,216 | B | |
4901 Pimlico Ct | Single Family | 1,216 | B | |
4953 Pimlico Ct | Single Family | 1,216 | B | |
4907 Pimlico Ct | Single Family | 1,002 | B | |
4952 Pimlico Ct | Single Family | 1,002 | B | |
4969 Pimlico Ct | Single Family | 1,216 | B | |
4899 Pimlico Ct | Single Family | 1,216 | B | |
4972 Pimlico Ct | Single Family | 1,216 | B | |
4909 Pimlico Ct | Single Family | 1,002 | B | |
4951 Pimlico Ct | Single Family | 1,216 | B | |
4897 Pimlico Ct | Single Family | 1,002 | B | |
5020 Pine Abbey Dr S | Single Family | 1,006 | B | |
4971 Pimlico Ct | Single Family | 1,002 | B | |
4950 Pimlico Ct | Single Family | 1,102 | B | |
5024 Pine Abbey Dr S | Single Family | 1,006 | B | |
4974 Pimlico Ct | Single Family | 1,216 | B | |
4911 Pimlico Ct | Single Family | 1,216 | B | |
4895 Pimlico Ct | Single Family | 1,002 | B | |
5028 Pine Abbey Dr S | Single Family | 1,006 | B | |
4949 Pimlico Ct | Single Family | 1,216 | B | |
5032 Pine Abbey Dr S | Single Family | 1,006 | B | |
4913 Pimlico Ct | Single Family | 1,216 | B | |
4973 Pimlico Ct | Single Family | 1,002 | B | |
4948 Pimlico Ct | Single Family | 1,002 | B | |
4893 Pimlico Ct | Single Family | 1,216 | B | |
4976 Pimlico Ct | Single Family | 1,216 | B | |
4947 Pimlico Ct | Single Family | 1,216 | B | |
5040 Pine Abbey Dr S | Single Family | 1,069 | B | |
4915 Pimlico Ct | Single Family | 1,216 | B | |
4906 Pimlico Ct | Single Family | 1,216 | B | |
4904 Pimlico Ct | Single Family | 1,216 | B | |
4891 Pimlico Ct | Single Family | 1,216 | B | |
4975 Pimlico Ct | Single Family | 1,216 | 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 17 of all properties in this area. This suggests it would appeal to someone earning around $20,775 per year who should qualify for a mortgage between $41,550 and $51,938.
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 17 of all properties in this area. This corresponds to a rent of $786 per month and a monthly household income of $2,077 ($24,924 per year)
Nearby Companies
4913 Pimlico Ct
4909 Pimlico Ct
4908 Pimlico Ct
4963 Saratoga Rd
4904 Pimlico Ct
4904 Pimlico Ct
4924 Saratoga Rd
4968 Pimlico Ct
4901 Pimlico Ct
4969 Saratoga Rd
4895 Pimlico Ct
4895 Pimlico Ct
4971 Pimlico Ct
4894 Pimlico Ct
4892 Pimlico Ct
2049 S Haverhill Rd
4930 Pimlico Ct