1840 Maypop Rd, 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 | |
|---|---|---|---|---|
| 1828 Maypop Rd | Single Family | 844 | B |
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| 1852 Maypop Rd | Single Family | 1,077 | B |
|
| 1839 Calico Rd | Single Family | 1,316 | B |
|
| 1816 Maypop Rd | Single Family | 834 | B |
|
| 1827 Calico Rd | Single Family | 1,198 | B |
|
| 1851 Calico Rd | Single Family | 1,203 | B |
|
| 1894 Maypop Rd | Single Family | 1,264 | B |
|
| 1871 Calico Rd | Single Family | 1,234 | B |
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| 5618 Cinnamon Dr | Single Family | 2,037 | B |
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| 1815 Calico Rd | Single Family | 1,332 | B |
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| 1804 Maypop Rd | Single Family | 951 | B |
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| 5617 Maypop Rd | Single Family | 2,210 | B |
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| 1893 Calico Rd | Single Family | 1,068 | B |
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| 1803 Calico Rd | Single Family | 740 | B |
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| 5564 Maypop Rd | Single Family | 831 | B |
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| 1913 Calico Rd | Single Family | 1,465 | B |
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| 5630 Cinnamon Dr | Single Family | 2,217 | B |
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| 1800 Maypop Rd | Single Family | 1,277 | B |
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| 5617 Cinnamon Dr | Single Family | 1,688 | B |
|
| 1793 Calico Rd | Single Family | 1,274 | B |
|
| 5629 Maypop Rd | Single Family | 825 | B |
|
| 5561 Calico Rd | Single Family | 1,188 | B |
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| 5580 Maypop Rd | Single Family | 919 | B |
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| 1840 Calico Rd | Single Family | 1,232 | B |
|
| 1852 Calico Rd | Single Family | 1,048 | B |
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| 1828 Calico Rd | Single Family | 1,327 | B |
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| 5642 Cinnamon Dr | Single Family | 843 | B |
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| 5629 Cinnamon Dr | Single Family | 1,490 | B |
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| 1868 Calico Rd | Single Family | 991 | B |
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| 1816 Calico Rd | Single Family | 865 | B |
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| 5580 Honeysuckle Dr | Single Family | 1,048 | B |
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| 5565 Calico Rd | Single Family | 1,028 | B |
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| 5641 Maypop Rd | Single Family | 865 | B |
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| 5566 Honeysuckle Dr | Single Family | 1,076 | B |
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| 5608 Maypop Rd | Single Family | 740 | B |
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| 1884 Calico Rd | Single Family | 807 | B |
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| 1804 Calico Rd | Single Family | 827 | B |
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| 5618 Honeysuckle Dr | Single Family | 896 | B |
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| 5581 Calico Rd | Single Family | 835 | B |
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| 5641 Cinnamon Dr | Single Family | 877 | B |
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| 5654 Cinnamon Dr | Single Family | 972 | B |
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| 1894 Calico Rd | Single Family | 867 | B |
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| 1914 Calico Cir | Single Family | 873 | B |
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| 1792 Calico Rd | Single Family | 1,209 | B |
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| 5620 Maypop Rd | Single Family | 1,487 | B |
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| 5653 Maypop Rd | Single Family | 845 | B |
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| 5630 Honeysuckle Dr | Single Family | 1,121 | B |
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| 5595 Calico Rd | Single Family | 834 | B |
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| 5653 Cinnamon Dr | Single Family | 1,018 | 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 43 of all properties in this area. This suggests it would appeal to someone earning around $40,075 per year who should qualify for a mortgage between $80,150 and $100,188.
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 43 of all properties in this area. This corresponds to a rent of $1,002 per month and a monthly household income of $2,766 ($33,192 per year)
Nearby Companies
1828 Calico Rd
5644 Maypop Rd
5565 Calico Rd
1978 Calico Cir
5678 Cinnamon Dr
5620 Maypop Rd
5608 Maypop Rd
1816 Maypop Rd