Palm Beach County Real Estate - Delray Beach

Delray Beach is in South East Florida. It's population as recorded in the 2010 Census was 60,522.

The median age for residents of Delray Beach is 46. Around 19.8% of Delray Beach households include school aged children and 37.9% of households include individuals aged 65 years or over. Census records indicate 65.7% of the Delray Beach population are White, 28% are Black or African American, .2% American Indian, 1.8% Asian and 1.7% are Two or more Races.

There are 34,156 housing units in Delray Beach. 6,963 (20.3%) of these were reported as vacant in the 2010 Census. Delray Beach is a tourist destination, 54.9% (3,827) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 10,259 residential rental units in Delray Beach. 9,004 of them were occupied in 2010 providing a residential rental vacancy rate of 11.7%.

Delray Beach 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

AddressTypeSq FtClass 
5650 Aspen Ridge Cir Single Family 2,584 B
5658 Aspen Ridge Cir Single Family 2,222 B
14442 Amapola Way Single Family 1,547 B
14450 Amapola Way Single Family 1,748 B
5662 Aspen Ridge Cir Single Family 2,370 B
5646 Aspen Ridge Cir Single Family 2,208 B
5653 Aspen Ridge Cir Single Family 2,239 B
5649 Aspen Ridge Cir Single Family 2,239 B
5657 Aspen Ridge Cir Single Family 2,015 B
14458 Amapola Way Single Family 1,798 B
14378 Altocedro Dr Single Family 1,617 B
14388 Altocedro Dr Single Family 1,534 B
5633 Aspen Ridge Cir Single Family 2,368 B
5666 Aspen Ridge Cir Single Family 2,187 B
5642 Aspen Ridge Cir Single Family 2,208 B
5661 Aspen Ridge Cir Single Family 2,386 B
14432 Amapola Way Single Family 1,798 B
14457 Amapola Way Single Family 1,785 B
14366 Altocedro Dr Single Family 1,668 B
5629 Aspen Ridge Cir Single Family 2,210 B
5665 Aspen Ridge Cir Single Family 2,355 B
5670 Aspen Ridge Cir Single Family 2,154 B
5638 Aspen Ridge Cir Single Family 2,209 B
14441 Amapola Way Single Family 1,798 B
14449 Amapola Way Single Family 1,785 B
14356 Altocedro Dr Single Family 1,610 B
14433 Amapola Way Single Family 1,489 B
5634 Aspen Ridge Cir Single Family 2,777 B
5625 Aspen Ridge Cir Single Family 2,030 B
14375 Altocedro Dr Single Family 1,738 B
14425 Amapola Way Single Family 1,617 B
5674 Aspen Ridge Cir Single Family 2,584 B
5630 Aspen Ridge Cir Single Family 2,281 B
14348 Altocedro Dr Single Family 1,798 B
14399 Altocedro Dr Single Family 1,748 B
14353 Altocedro Dr Single Family 1,617 B
5621 Aspen Ridge Cir Single Family 2,267 B
5626 Aspen Ridge Cir Single Family 2,584 B
5743 Aspen Green Ct Single Family 2,236 B
14338 Altocedro Dr Single Family 1,615 B
5678 Aspen Ridge Cir Single Family 2,330 B
14387 Amapola Dr Single Family 1,617 B
14343 Altocedro Dr Single Family 1,615 B
5737 Aspen Green Ct Single Family 2,042 B
14368 Amapola Dr Single Family 1,798 B
5622 Aspen Ridge Cir Single Family 2,331 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 82 of all properties in this area. This suggests it would appeal to someone earning around $120,758 per year who should qualify for a mortgage between $241,516 and $301,895.

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 82 of all properties in this area. This corresponds to a rent of $1,435 per month and a monthly household income of $3,893 ($46,716 per year)

Nearby Companies

Wealth Group Inc.
5737 Aspen Green Ct
J. D. L. Landscape Lighting, Inc
5638 Aspen Ridge Cir
Tnt Bulldogs Inc.
5654 Aspen Ridge Cir
Disclaimers and Disclosures

Public Records Data

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