7176 Falls Rd E, Boynton Beach
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:
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 | |
|---|---|---|---|---|
| 7182 Falls Rd E | Single Family | 2,972 | B |
 |
| 7170 Falls Rd E | Single Family | 2,515 | B |
|
| 7258 Amber Falls Ln | Single Family | 3,024 | B |
|
| 7164 Falls Rd E | Single Family | 2,796 | B |
|
| 7188 Falls Rd E | Single Family | 2,812 | B |
|
| 7183 Falls Rd E | Single Family | 2,805 | B |
|
| 7189 Falls Rd E | Single Family | 3,115 | B |
|
| 7257 Amber Falls Ln | Single Family | 2,918 | B |
|
| 7158 Falls Rd E | Single Family | 2,786 | B |
|
| 7194 Falls Rd E | Single Family | 2,894 | B |
|
| 7264 Amber Falls Ln | Single Family | 2,903 | B |
|
| 7195 Falls Rd E | Single Family | 2,914 | B |
|
| 7263 Amber Falls Ln | Single Family | 2,569 | B |
|
| 7152 Falls Rd E | Single Family | 2,796 | B |
|
| 7200 Falls Rd E | Single Family | 2,812 | B |
|
| 7256 Angel Falls Ct | Single Family | 2,779 | B |
|
| 7270 Amber Falls Ln | Single Family | 2,922 | B |
|
| 7269 Amber Falls Ln | Single Family | 2,802 | B |
|
| 7201 Falls Rd E | Single Family | 2,408 | B |
|
| 7262 Angel Falls Ct | Single Family | 2,812 | B |
|
| 6946 Grenelefe Rd | Single Family | 2,515 | B |
|
| 7146 Falls Rd E | Single Family | 2,903 | B |
|
| 7206 Falls Rd E | Single Family | 2,805 | B |
|
| 6940 Grenelefe Rd | Single Family | 2,973 | B |
|
| 7276 Amber Falls Ln | Single Family | 2,922 | B |
|
| 6952 Grenelefe Rd | Single Family | 2,510 | B |
|
| 7268 Angel Falls Ct | Single Family | 2,812 | B |
|
| 7275 Amber Falls Ln | Single Family | 2,587 | B |
|
| 6958 Grenelefe Rd | Single Family | 2,858 | B |
|
| 7231 Falls Rd E | Single Family | 2,566 | B |
|
| 7255 Angel Falls Ct | Single Family | 2,587 | B |
|
| 6934 Grenelefe Rd | Single Family | 3,394 | B |
|
| 7212 Falls Rd E | Single Family | 2,884 | B |
|
| 7140 Falls Rd E | Single Family | 2,979 | B |
|
| 7282 Amber Falls Ln | Single Family | 2,805 | B |
|
| 7243 Falls Rd E | Single Family | 2,812 | B |
|
| 7274 Angel Falls Ct | Single Family | 2,796 | B |
|
| 6964 Grenelefe Rd | Single Family | 2,464 | B |
|
| 7261 Angel Falls Ct | Single Family | 3,010 | B |
|
| 7249 Falls Rd E | Single Family | 3,145 | B |
|
| 7281 Amber Falls Ln | Single Family | 3,024 | 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 87 of all properties in this area. This suggests it would appeal to someone earning around $138,998 per year who should qualify for a mortgage between $277,996 and $347,495.
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 87 of all properties in this area. This corresponds to a rent of $1,614 per month and a monthly household income of $4,258 ($51,096 per year)
Nearby Companies
6952 Grenelefe Rd