5173 Buchanan Rd, Delray 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%.
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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 | |
|---|---|---|---|---|
| 5181 Buchanan Rd | Single Family | 924 | B |
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| 5161 Buchanan Rd | Single Family | 1,825 | B |
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| 5189 Buchanan Rd | Single Family | 1,783 | B |
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| 5170 Van Buren Rd | Single Family | 1,600 | B |
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| 5147 Buchanan Rd | Single Family | 873 | B |
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| 5162 Van Buren Rd | Single Family | 1,326 | B |
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| 5180 Van Buren Rd | Single Family | 1,265 | B |
|
| 5205 Buchanan Rd | Single Family | 1,713 | B |
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| 5172 Buchanan Rd | Single Family | 1,594 | B |
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| 5134 Van Buren Rd | Single Family | 2,070 | B |
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| 5160 Buchanan Rd | Single Family | 1,552 | B |
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| 5198 Van Buren Rd | Single Family | 1,401 | B |
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| 5186 Buchanan Rd | Single Family | 1,402 | B |
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| 5148 Buchanan Rd | Single Family | 1,466 | B |
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| 5133 Buchanan Rd | Single Family | 1,563 | B |
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| 5208 Van Buren Rd | Single Family | 1,210 | B |
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| 5104 Buchanan Rd | Single Family | 1,773 | B |
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| 5124 Van Buren Rd | Single Family | 1,490 | B |
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| 5132 Buchanan Rd | Single Family | 1,525 | B |
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| 5218 Van Buren Rd | Single Family | 1,183 | B |
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| 5216 Buchanan Rd | Single Family | 1,258 | B |
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| 5115 Buchanan Rd | Single Family | 1,525 | B |
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| 5227 Buchanan Rd | Single Family | 1,845 | B |
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| 5171 Garfield Rd | Single Family | 1,584 | B |
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| 5177 Van Buren Rd | Single Family | 972 | B |
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| 5181 Garfield Rd | Single Family | 1,843 | B |
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| 5157 Van Buren Rd | Single Family | 1,746 | B |
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| 5153 Garfield Rd | Single Family | 1,609 | B |
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| 5120 Van Buren Rd | Single Family | 1,667 | B |
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| 5189 Van Buren Rd | Single Family | 1,394 | B |
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| 5189 Garfield Rd | Single Family | 1,171 | B |
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| 5143 Van Buren Rd | Single Family | 1,776 | B |
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| 5209 Garfield Rd | Single Family | 0 | B | |
| 5151 Garfield Rd | Single Family | 1,170 | B |
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| 5201 Van Buren Rd | Single Family | 1,377 | B |
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| 15308 Harrison Rd | Single Family | 1,684 | B |
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| 5105 Buchanan Rd | Single Family | 1,516 | B |
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| 5215 Garfield Rd | Single Family | 2,860 | B |
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| 5114 Buchanan Rd | Single Family | 1,870 | B |
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| 5135 Van Buren Rd | Single Family | 1,367 | B |
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| 5232 Buchanan Rd | Single Family | 2,145 | B |
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| 5133 Garfield Rd | Single Family | 2,344 | B |
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| 5215 Van Buren Rd | Single Family | 1,248 | B |
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| 5100 Van Buren Rd | Single Family | 1,549 | B |
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| 5219 Garfield Rd | Single Family | 1,012 | B |
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| 5115 Garfield Rd | Single Family | 1,546 | B |
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| 5091 Buchanan Rd | Single Family | 1,744 | B |
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| 5119 Van Buren Rd | Single Family | 1,265 | B |
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| 15276 Harrison Rd | Single Family | 1,710 | B |
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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 36 of all properties in this area. This suggests it would appeal to someone earning around $43,061 per year who should qualify for a mortgage between $86,122 and $107,653.
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 36 of all properties in this area. This corresponds to a rent of $939 per month and a monthly household income of $2,435 ($29,220 per year)
Nearby Companies
15276 Harrison Rd
5264 Buchanan Rd
5153 Garfield Rd
5148 Buchanan Rd
5161 Buchanan Rd
5135 Van Buren Rd
5265 Buchanan Rd
5171 Garfield Rd
5170 Garfield Rd