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:

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

AddressTypeSq FtClass 
4292 Vicliff Rd Single Family 1,666 B
4260 Vicliff Rd Multi-family - less than 10 units 2,339 B
4302 Vicliff Rd Single Family 1,748 B
4271 Dale Rd Single Family 854 B
4289 Dale Rd Single Family 1,540 B
2597 Donald Rd Multi-family - less than 10 units 2,002 B
4265 Vicliff Rd Single Family 762 B
4271 Vicliff Rd Vacant Residential 0 L
4312 Vicliff Rd Single Family 1,604 B
4307 Dale Rd Single Family 901 B
2553 Donald Rd Multi-family - less than 10 units 2,064 B
4299 Vicliff Rd Single Family 2,848 B
4260 Dale Rd Parking lot (commercial or patron) or mobile home park 2,394 B
4322 Vicliff Rd Single Family 1,629 B
4311 Vicliff Rd Vacant Residential 0 L
4226 Vicliff Rd Multi-family - less than 10 units 3,728 B
4239 Dale Rd Single Family 2,149 B
4331 Dale Rd Single Family 1,875 B
4334 Vicliff Rd Single Family 1,396 B
4284 Canal 9 Rd Single Family 1,346 B
4274 Canal 9 Rd Single Family 1,346 B
4288 Canal 9 Rd Single Family 985 B
4323 Vicliff Rd Single Family 1,156 B
4241 Vicliff Rd Single Family 819 B
2529 Donald Rd Multi-family - less than 10 units 1,801 B
4302 Canal 9 Rd Single Family 1,994 B
4231 Dale Rd Single Family 1,869 B
4339 Dale Rd Single Family 1,263 B
4204 Vicliff Rd Single Family 1,448 B
4322 Canal 9 Rd Single Family 1,368 B
4230 Canal 9 Rd Single Family 2,129 B
Dale Rd Vacant Residential 0 L
2600 Donald Rd Multi-family - less than 10 units 2,685 B
4348 Vicliff Rd Single Family 2,499 B
4345 Vicliff Rd Vacant Residential 0 L
4330 Canal 9 Rd Single Family 1,379 B
4203 Dale Rd Single Family 1,575 B
4196 Vicliff Rd Single Family 1,605 B
4359 Dale Rd Single Family 1,225 B
4193 Vicliff Rd Single Family 1,781 B
4340 Canal 9 Rd Single Family 1,379 B
4353 Vicliff Rd Vacant Residential 0 L
4216 Dale Rd Single Family 844 B
4224 Canal 9 Rd Single Family 1,303 B
4350 Canal 9 Rd Single Family 1,379 B
4186 Vicliff Rd Single Family 1,610 B
4369 Dale Rd Single Family 1,225 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 34 of all properties in this area. This suggests it would appeal to someone earning around $32,587 per year who should qualify for a mortgage between $65,174 and $81,468.

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 34 of all properties in this area. This corresponds to a rent of $934 per month and a monthly household income of $2,621 ($31,452 per year)

Nearby Companies

M.Y.M Transport Service LLC
4312 Vicliff Rd
Lm Plaza Operations LLC
821 Donald Ross Rd
Fund 1 Vero, Lllp
4650 Donald Ross Rd Suite 200
Fund 2 Vero, Lllp
4650 Donald Ross Rd Suite 200
Brock Pga Hotel, LLC
4650 Donald Ross Rd Suite 200
Brock/Drv 25, Inc.
4650 Donald Ross Rd Suite 200
The Brock Land And Development Fund, Lllp
4650 Donald Ross Rd Ste 200
Hotel Ground, Lllp
4650 Donald Ross Rd Ste 200
New Brock (Drv Hotel) Partners, Lllp
4650 Donald Ross Rd Ste 200
P.B.G.S., Ltd.
4650 Donald Ross Rd Ste 200
Cenross, Ltd.
4650 Donald Ross Rd Ste 200
Milcen Partners, Ltd.
4650 Donald Ross Rd Ste 200
Brock Fund No. 1, LLC
4650 Donald Ross Rd Ste 200
Drv Outparcel 2, LLC
4650 Donald Ross Rd Ste 200
Pga Hotel/Bsc, LLC
4650 Donald Ross Rd Ste 200
Ab Hotel Gp Member, LLC
4650 Donald Ross Rd Ste 200
West Vero Manager, LLC
4650 Donald Ross Rd Ste 200
Ab Vero, LLC
4650 Donald Ross Rd Ste 200
Pbb Vero, LLC
4650 Donald Ross Rd Ste 200
Vero Fund 1 Gp, LLC
4650 Donald Ross Rd Ste 200
Donald Ross/Military, L.C.
4650 Donald Ross Rd Ste 200
Kati Thai Kitchen Inc
815 Donald Ross Rd
Disclaimers and Disclosures

Public Records Data

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