4060 Canal 9 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 | |
---|---|---|---|---|
4074 Canal 9 Rd | Single Family | 1,560 | B | |
4036 Canal 9 Rd | Multi-family - less than 10 units | 1,978 | B | |
4080 Canal 9 Rd | Single Family | 1,360 | B | |
4055 Vicliff Rd | Single Family | 801 | B | |
4075 Vicliff Rd | Single Family | 1,377 | B | |
4041 Vicliff Rd | Multi-family - less than 10 units | 1,960 | B | |
4092 Canal 9 Rd | Single Family | 980 | B | |
4091 Vicliff Rd | Multi-family - less than 10 units | 2,105 | B | |
4014 Canal 9 Rd | Multi-family - less than 10 units | 3,360 | B | |
4102 Canal 9 Rd | Single Family | 1,631 | B | |
4015 Vicliff Rd | Multi-family - less than 10 units | 3,360 | B | |
4110 Canal 9 Rd | Single Family | 1,631 | B | |
4103 Vicliff Rd | Multi-family - less than 10 units | 2,912 | B | |
300 Village Green Cir S | Condominium | 757 | B | |
400 Village Green Cir W | Condominium | 642 | B | |
4050 Vicliff Rd | Single Family | 1,977 | B | |
4062 Vicliff Rd | Multi-family - less than 10 units | 3,808 | B | |
4122 Canal 9 Rd | Single Family | 1,775 | B | |
401 Kirk Rd | Single Family | 1,822 | B | |
4032 Vicliff Rd | Multi-family - less than 10 units | 3,048 | B | |
4123 Vicliff Rd | Single Family | 1,225 | B | |
4092 Vicliff Rd | Single Family | 1,637 | B | |
4130 Canal 9 Rd | Single Family | 1,631 | B | |
4102 Vicliff Rd | Single Family | 1,637 | B | |
4131 Vicliff Rd | Single Family | 1,225 | B | |
4016 Vicliff Rd | Multi-family - less than 10 units | 2,784 | B | |
2384 Kirk Rd | Single Family | 1,922 | B | |
4108 Vicliff Rd | Single Family | 1,637 | B | |
2388 Kirk Rd | Single Family | 1,922 | B | |
4136 Canal 9 Rd | Single Family | 819 | B | |
2392 Kirk Rd | Single Family | 1,922 | B | |
4067 Dale Rd | Multi-family - less than 10 units | 2,054 | B | |
4139 Vicliff Rd | Single Family | 1,067 | B | |
4055 Dale Rd | Vacant Residential | 928 | L | |
4118 Vicliff Rd | Single Family | 1,637 | B | |
2577 Dale Rd | Multi-family - less than 10 units | 1,800 | B | |
4077 Dale Rd | Single Family | 2,089 | B | |
4083 Dale Rd | Vacant Residential | 0 | L | |
461 Cypress Ln | Single Family | 2,010 | B | |
4093 Dale Rd | Single Family | 1,632 | B | |
502 Cypress Ln | Single Family | 1,836 | B | |
4130 Vicliff Rd | Single Family | 1,637 | B | |
4149 Vicliff Rd | Vacant Residential | 0 | L |
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 25 of all properties in this area. This suggests it would appeal to someone earning around $26,901 per year who should qualify for a mortgage between $53,802 and $67,253.
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 25 of all properties in this area. This corresponds to a rent of $866 per month and a monthly household income of $2,403 ($28,836 per year)
Nearby Companies
4016 Vicliff Rd
401 Kirk Rd
300 Village Green Circle S102
4056 Vicliff Rd
4118 Vicliff Rd