6271 Timberlakes Way, Delray Beach
Palm Beach County Real Estate - Loxahatchee
Loxahatchee is in South East Florida. Loxahatchee is approximately 43 miles from Miami (population 399,457) and around 39 miles from Hialeah (population 224,669).
Loxahatchee links:
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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 6285 Timberlakes Way | Single Family | 1,997 | B |
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| 6255 Timberlakes Way | Single Family | 2,944 | B |
|
| 6200 Hitchin Post Way | Single Family | 2,246 | B |
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| 6299 Timberlakes Way | Single Family | 1,904 | B |
|
| 6203 Hitchin Post Way | Single Family | 2,248 | B |
|
| 6268 Timberlakes Way | Single Family | 1,766 | B |
|
| 6282 Timberlakes Way | Single Family | 1,895 | B |
|
| 6254 Timberlakes Way | Single Family | 2,173 | B |
|
| 6313 Timberlakes Way | Single Family | 2,170 | B |
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| 6296 Timberlakes Way | Single Family | 2,022 | B |
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| 6195 Winding Brook Way | Single Family | 2,409 | B |
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| 6215 Hitchin Post Way | Single Family | 1,972 | B |
|
| 6202 Hitchin Post Way | Single Family | 1,872 | B |
|
| 6325 Timberlakes Way | Single Family | 1,769 | B |
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| 6310 Timberlakes Way | Single Family | 1,762 | B |
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| 14879 Pepper Mill Ln | Single Family | 1,765 | B |
|
| 6185 Winding Brook Way | Single Family | 1,951 | B |
|
| 6227 Hitchin Post Way | Single Family | 1,951 | B |
|
| 14819 Hideaway Lake Ln | Single Family | 1,952 | B |
|
| 6212 Hitchin Post Way | Single Family | 1,983 | B |
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| 6322 Timberlakes Way | Single Family | 1,767 | B |
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| 6337 Timberlakes Way | Single Family | 2,031 | B |
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| 14897 Pepper Mill Ln | Single Family | 2,242 | B |
|
| 6230 Hitchin Post Way | Single Family | 2,454 | B |
|
| 6175 Winding Brook Way | Single Family | 1,825 | B |
|
| 14915 Pepper Mill Ln | Single Family | 2,202 | B |
|
| 6347 Timberlakes Way | Single Family | 1,876 | B |
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| 6239 Hitchin Post Way | Single Family | 1,872 | B |
|
| 14807 Hideaway Lake Ln | Single Family | 1,805 | B |
|
| 6338 Timberlakes Way | Single Family | 1,767 | B |
|
| 14880 Pepper Mill Ln | Single Family | 2,628 | B |
|
| 14808 Hideaway Lake Ln | Single Family | 1,770 | B |
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| 6256 Hitchin Post Way | Single Family | 1,846 | B |
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| 14910 Sandpebble Ln | Single Family | 1,766 | B |
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| 14832 Country Ln | Single Family | 1,664 | B |
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| 14931 Pepper Mill Ln | Single Family | 1,630 | B |
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| 6165 Winding Brook Way | Single Family | 1,765 | B |
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| 14816 Country Ln | Single Family | 2,195 | B |
|
| 6355 Timberlakes Way | Single Family | 1,904 | B |
|
| 6269 Atlantic Ave | Undefined - Reserved for Use by Department of Revenue | 9,552 | B |
|
Local Household Income
The median household income in this part of Florida is $58,828. The bottom 10% of the population earn less than $15,713 per year. The top 10% earn more than $151,965 per year. The top 1% earn more than $508,812 per year. Most renters earn between $24,120 (20th percentile) and $44,712 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $117,656 and $147,070.
The tax assessed value of this property places it in percentile 43 of all properties in this area. This suggests it would appeal to someone earning around $50,908 per year who should qualify for a mortgage between $101,816 and $127,270.
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 $1,028. Most renters earn between $2,010 and $3,726 per month. They typically spend 39% of their monthly income on rent. Most rents fall in the $781 (20th percentile) to $1,371 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 43 of all properties in this area. This corresponds to a rent of $991 per month and a monthly household income of $2,576 ($30,912 per year)