4111 Sussex Ave, Lake Worth
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 | |
|---|---|---|---|---|
| 4097 Sussex Ave | Single Family | 1,725 | B |
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| 4129 Sussex Ave | Single Family | 1,738 | B |
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| 4114 Kent Ave | Single Family | 2,295 | B |
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| 4100 Kent Ave | Single Family | 1,713 | B |
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| 4120 Kent Ave | Single Family | 2,013 | B |
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| 4085 Sussex Ave | Single Family | 1,770 | B |
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| 4143 Sussex Ave | Single Family | 1,777 | B |
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| 4112 Sussex Ave | Single Family | 1,817 | B |
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| 4088 Kent Ave | Single Family | 1,596 | B |
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| 4098 Sussex Ave | Single Family | 1,720 | B |
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| 4130 Sussex Ave | Single Family | 1,692 | B |
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| 4146 Kent Ave | Single Family | 2,006 | B |
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| 4071 Sussex Ave | Single Family | 1,409 | B |
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| 4086 Sussex Ave | Single Family | 1,383 | B |
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| 4155 Sussex Ave | Single Family | 1,890 | B |
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| 4144 Sussex Ave | Single Family | 2,137 | B |
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| 4074 Kent Ave | Single Family | 1,383 | B |
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| 4158 Kent Ave | Single Family | 1,663 | B |
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| 4072 Sussex Ave | Single Family | 1,777 | B |
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| 4057 Sussex Ave | Single Family | 1,755 | B |
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| 4113 Kent Ave | Single Family | 2,126 | B |
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| 4156 Sussex Ave | Single Family | 2,002 | B |
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| 4107 Colle Dr | Single Family | 1,107 | B |
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| 4125 Colle Dr | Single Family | 1,597 | B |
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| 4099 Kent Ave | Single Family | 1,755 | B |
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| 4131 Kent Ave | Single Family | 1,881 | B |
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| 4169 Sussex Ave | Single Family | 1,912 | B |
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| 4060 Kent Ave | Single Family | 1,441 | B |
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| 4091 Colle Dr | Single Family | 1,593 | B |
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| 4139 Colle Dr | Single Family | 1,876 | B |
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| 4172 Kent Ave | Single Family | 2,255 | B |
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| 4087 Kent Ave | Single Family | 1,383 | B |
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| 4145 Kent Ave | Single Family | 1,811 | B |
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| 4058 Sussex Ave | Single Family | 1,441 | B |
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| 4077 Colle Dr | Single Family | 1,717 | B |
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| 4170 Sussex Ave | Single Family | 1,651 | B |
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| 4045 Sussex Ave | Single Family | 1,355 | B |
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| 4153 Colle Dr | Single Family | 1,938 | B |
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| 4073 Kent Ave | Single Family | 1,671 | B |
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| 4157 Kent Ave | Single Family | 1,575 | B |
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| 4181 Sussex Ave | Single Family | 1,903 | B |
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| 4048 Kent Ave | Single Family | 1,960 | B |
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| 4184 Kent Ave | Single Family | 1,920 | B |
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| 4063 Colle Dr | Single Family | 1,354 | B |
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| 4046 Sussex Ave | Single Family | 1,663 | B |
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| 4114 Park Ln | Multi-family - less than 10 units | 1,773 | B |
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| 4167 Colle Dr | Single Family | 1,554 | B |
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| 4059 Kent Ave | Single Family | 1,383 | B |
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| 4102 Park Ln | Multi-family - less than 10 units | 1,658 | 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 52 of all properties in this area. This suggests it would appeal to someone earning around $47,457 per year who should qualify for a mortgage between $94,914 and $118,643.
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 52 of all properties in this area. This corresponds to a rent of $1,055 per month and a monthly household income of $2,927 ($35,124 per year)
Nearby Companies
4089 Park Ln
4090 Park Ln
4132 Kent Ave
4132 Kent Ave
4132 Kent Ave
4031 Sussex Ave
4195 Sussex Ave
4170 Sussex Ave
4156 Sussex Ave
4139 Colle Dr
4111 Sussex Ave
4088 Kent Ave
4097 Sussex Ave