5805 Purdy Ln, 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 | |
|---|---|---|---|---|
| 5817 Purdy Ln | Single Family | 1,355 | B |
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| 5791 Purdy Ln | Single Family | 1,161 | B |
|
| 5806 Tarragon Dr | Single Family | 1,811 | B |
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| 5792 Tarragon Dr | Single Family | 1,399 | B |
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| 5818 Tarragon Dr | Single Family | 1,585 | B |
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| 5831 Purdy Ln | Single Family | 1,707 | B |
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| 5779 Purdy Ln | Single Family | 1,519 | B |
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| 5832 Tarragon Dr | Single Family | 1,640 | B |
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| 5780 Tarragon Dr | Single Family | 1,407 | B |
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| 5812 Purdy Ln | Single Family | 1,142 | B |
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| 5798 Purdy Ln | Single Family | 1,443 | B |
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| 5843 Purdy Ln | Single Family | 1,263 | B |
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| 5824 Purdy Ln | Single Family | 1,223 | B |
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| 5763 Purdy Ln | Single Family | 1,142 | B |
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| 5786 Purdy Ln | Single Family | 1,352 | B |
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| 5844 Tarragon Dr | Single Family | 1,306 | B |
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| 5762 Tarragon Dr | Single Family | 1,736 | B |
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| 5836 Purdy Ln | Single Family | 903 | B |
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| 5768 Purdy Ln | Single Family | 1,231 | B |
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| 5857 Purdy Ln | Single Family | 1,278 | B |
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| 5795 Tarragon Dr | Single Family | 1,529 | B |
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| 5821 Tarragon Dr | Single Family | 1,489 | B |
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| 5756 Purdy Ln | Single Family | 1,286 | B |
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| 5848 Purdy Ln | Single Family | 1,524 | B |
|
| 5858 Tarragon Dr | Single Family | 1,945 | B |
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| 5805 Daphne Dr | Single Family | 1,816 | B |
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| 5815 Daphne Dr | Single Family | 1,159 | B |
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| 5793 Daphne Dr | Single Family | 1,043 | B |
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| 5783 Tarragon Dr | Single Family | 1,173 | B |
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| 5783 Daphne Dr | Single Family | 1,786 | B |
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| 5825 Daphne Dr | Single Family | 1,359 | B |
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| 5835 Tarragon Dr | Single Family | 1,416 | B |
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| 2179 Kudza Rd | Single Family | 1,238 | B |
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| 5871 Purdy Ln | Single Family | 1,803 | B |
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| 5773 Daphne Dr | Single Family | 1,031 | B |
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| 5742 Purdy Ln | Single Family | 1,764 | B |
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| 5860 Purdy Ln | Single Family | 1,257 | B |
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| 5839 Daphne Dr | Single Family | 1,428 | B |
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| 5870 Tarragon Dr | Single Family | 1,708 | B |
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| 5849 Tarragon Dr | Single Family | 1,276 | B |
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| 5735 Purdy Ln | Single Family | 1,309 | B |
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| 5736 Tarragon Dr | Single Family | 937 | B |
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| 5761 Daphne Dr | Single Family | 1,361 | B |
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| 5822 S Bond Dr | Single Family | 1,172 | B |
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| 5851 Daphne Dr | Single Family | 1,410 | B |
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| 2171 Kudza Rd | Single Family | 1,237 | B |
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| 5734 Purdy Ln | Single Family | 905 | 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 62 of all properties in this area. This suggests it would appeal to someone earning around $56,552 per year who should qualify for a mortgage between $113,104 and $141,380.
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 62 of all properties in this area. This corresponds to a rent of $1,113 per month and a monthly household income of $3,036 ($36,432 per year)
Nearby Companies
5839 Daphne Dr
5863 Daphne Dr
5863 Daphne Dr
5798 Purdy Ln
5711 Purdy Ln
5786 Purdy Ln
5805 Purdy Ln
5860 Purdy Ln
5783 Tarragon Dr
5783 Tarragon Dr
5821 Tarragon Dr
5821 Tarragon Dr
5832 S Bond Dr
5816 S Bond Dr