22160 Verbena Way, Boca Raton
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:
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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 | |
|---|---|---|---|---|
| 22164 Verbena Way | Single Family | 5,111 | A |
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| 22154 Verbena Way | Single Family | 2,869 | B |
|
| 22170 Hollyhock Trl | Single Family | 4,417 | B |
|
| 22148 Verbena Way | Single Family | 3,183 | B |
|
| 22176 Hollyhock Trl | Single Family | 2,842 | B |
|
| 22144 Verbena Way | Single Family | 2,569 | B |
|
| 22171 Hollyhock Trl | Single Family | 2,761 | B |
|
| 22161 Hollyhock Trl | Single Family | 2,533 | B |
|
| 7806 Cypress Cres | Single Family | 2,463 | B |
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| 7790 Cypress Cres | Single Family | 2,521 | B |
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| 7822 Cypress Cres | Single Family | 2,195 | B |
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| 22188 Verbena Way | Single Family | 6,733 | A |
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| 7837 Cypress Cres | Single Family | 4,056 | B |
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| 22155 Trillium Way | Single Family | 4,835 | A |
|
| 22182 Hollyhock Trl | Single Family | 2,341 | B |
|
| 22149 Hollyhock Trl | Single Family | 2,906 | B |
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| 7838 Cypress Cres | Single Family | 2,108 | B |
|
| 22167 Trillium Way | Single Family | 2,549 | B |
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| 22143 Trillium Way | Single Family | 2,951 | B |
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| 22106 Montebello Dr | Single Family | 2,315 | B |
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| 22213 Hollyhock Trl | Single Family | 2,316 | B |
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| 7843 Cypress Cres | Single Family | 2,267 | B |
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| 22145 Hollyhock Trl | Single Family | 2,804 | B |
|
| 22199 Hollyhock Trl | Single Family | 2,826 | B |
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| 7800 San Marcos Pl | Single Family | 3,398 | B |
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| 22186 Hollyhock Trl | Single Family | 2,744 | B |
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| 22181 Trillium Way | Single Family | 5,796 | A |
|
| 22217 Hollyhock Trl | Single Family | 2,567 | B |
|
| 7810 San Marcos Pl | Single Family | 2,538 | B |
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| 7739 Cypress Cres | Single Family | 2,536 | B |
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| 22088 Montebello Dr | Single Family | 2,624 | B |
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| 7849 Cypress Cres | Single Family | 2,351 | B |
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| 22221 Hollyhock Trl | Single Family | 2,895 | B |
|
| 22143 Hollyhock Trl | Single Family | 3,814 | B |
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| 22072 Montebello Dr | Single Family | 2,224 | B |
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| 7729 Cypress Cres | Single Family | 2,060 | B |
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| 22192 Hollyhock Trl | Single Family | 2,787 | B |
|
| 7855 Cypress Cres | Single Family | 2,534 | B |
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| 22142 Trillium Way | Single Family | 5,533 | A |
|
| 22058 Montebello Dr | Single Family | 2,394 | B |
|
Local Household Income
The median household income in this part of Florida is $95,812. The bottom 10% of the population earn less than $27,707 per year. The top 10% earn more than $356,660 per year. The top 1% earn more than $682,110 per year. Most renters earn between $39,432 (20th percentile) and $73,884 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $191,624 and $239,530.
The tax assessed value of this property places it in percentile 77 of all properties in this area. This suggests it would appeal to someone earning around $195,384 per year who should qualify for a mortgage between $390,768 and $488,460.
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 $1,432. Most renters earn between $3,286 and $6,157 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $1,042 (20th percentile) to $2,015 (80th percentile) range. The residential vacancy rate is 5%.
This property falls in percentile 77 of all properties in this area. This corresponds to a rent of $1,930 per month and a monthly household income of $5,941 ($71,292 per year)
Nearby Companies
22143 Hollyhock Trl
22143 Hollyhock Trl
22252 Hollyhock Trl
22208 Hollyhock Trl
22186 Hollyhock Trl
22186 Hollyhock Trl
22186 Hollyhock Trl
22188 Verbena Way
22188 Verbena Way
22188 Verbena Way
9462 Montebello Way
22170 Hollyhock Trl
22148 Verbena Way
7849 Cypress Cres
7902 N Montoya Cir
7902 N Montoya Cir
7902 N Montoya Cir
7902 N Montoya Cir
7900 Montoya Cir N
7739 Cypress Cres
7739 Cypress Cres
22149 Hollyhock Trl