2646 Ida Way, 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%.
Lake Worth links:
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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 | |
|---|---|---|---|---|
| 2648 Ida Way | Condominium | 948 | B |
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| 2661 Ida Way | Condominium | 948 | B |
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| 2660 Ida Way | Condominium | 948 | B |
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| 2662 Ida Way | Condominium | 948 | B |
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| 2663 Ida Way | Condominium | 1,208 | B |
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| 2634 Ida Way | Condominium | 948 | B |
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| 2632 Ida Way | Condominium | 948 | B |
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| 2688 Ida Way | Condominium | 948 | B |
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| 2674 Ida Way | Condominium | 948 | B |
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| 2675 Ida Way | Condominium | 948 | B |
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| 2689 Ida Way | Condominium | 948 | B |
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| 2620 Ida Way | Condominium | 948 | B |
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| 2606 Ida Way | Condominium | 948 | B |
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| 2618 Ida Way | Condominium | 948 | B |
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| 2676 Ida Way | Condominium | 948 | B |
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| 2677 Ida Way | Condominium | 1,208 | B |
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| 2690 Ida Way | Condominium | 1,208 | B |
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| 2691 Ida Way | Condominium | 1,208 | B |
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| 2705 Ida Way | Condominium | 1,208 | B |
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| 2703 Ida Way | Condominium | 948 | B |
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| 2704 Ida Way | Condominium | 1,208 | B |
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| 2702 Ida Way | Condominium | 948 | B |
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| 2590 Ida Way | Condominium | 948 | B |
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| 2592 Ida Way | Condominium | 948 | B |
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| 2604 Ida Way | Condominium | 948 | B |
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| 2719 Ida Way | Condominium | 1,208 | B |
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| 2717 Ida Way | Condominium | 948 | B |
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| 2718 Ida Way | Condominium | 1,208 | B |
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| 2716 Ida Way | Condominium | 948 | B |
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| 2574 Ida Way | Condominium | 948 | B |
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| 2576 Ida Way | Condominium | 948 | B |
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| 2731 Ida Way | Condominium | 948 | B |
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| 2732 Ida Way | Condominium | 1,208 | B |
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| 2730 Ida Way | Condominium | 948 | B |
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| 2733 Ida Way | Condominium | 1,208 | B |
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| 2562 Ida Way | Condominium | 948 | B |
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| 2564 Ida Way | Condominium | 980 | B |
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| 2744 Ida Way | Condominium | 948 | B |
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| 2745 Ida Way | Condominium | 948 | B |
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| 2746 Ida Way | Condominium | 1,208 | B |
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| 2747 Ida Way | Condominium | 1,208 | B |
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| 2548 Ida Way | Condominium | 948 | B |
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| 2536 Ida Way | Condominium | 948 | B |
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| 2550 Ida Way | Condominium | 948 | B |
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| 2415 Sunset Dr | Single Family | 3,892 | B |
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| 2520 Ida Way | Condominium | 948 | B |
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| 2522 Ida Way | Condominium | 948 | B |
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| 2534 Ida Way | Condominium | 948 | B |
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| 2425 Sunset Dr | Single Family | 1,298 | 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 6 of all properties in this area. This suggests it would appeal to someone earning around $11,357 per year who should qualify for a mortgage between $22,714 and $28,393.
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 6 of all properties in this area. This corresponds to a rent of $587 per month and a monthly household income of $1,639 ($19,668 per year)
Nearby Companies
2520 Ida Way
2520 Ida Way
2457 Sunset Dr
4810 Purdy Ln