1171 Jason Way, West Palm Beach
Palm Beach County Real Estate - Lake Worth
Lake Worth is in South East Florida. It's population as recorded in the 2010 Census was 34,910. Lake Worth is approximately 58 miles from Miami (population 399,457) and around 54 miles from Hialeah (population 224,669).
The median age for residents of Lake Worth is 35. Around 30.1% of Lake Worth households include school aged children and 22.1% of households include individuals aged 65 years or over. Census records indicate 60% of the Lake Worth population are White, 19.8% are Black or African American, 5.6% American Indian, .9% Asian and 4.5% are Two or more Races. Lake Worth has a significant Hispanic population. 39.6% (13,834) of Lake Worth residents are of Hispanic or Latino origin. Of these 19.98% are of Mexican origin, 10.21% Puerto Rican, 10.39% Cuban and 59.4% are of other Hispanic or Latino origin.
There are 16,473 housing units in Lake Worth. 3,515 (21.3%) of these were reported as vacant in the 2010 Census. There are 7,843 residential rental units in Lake Worth. 6,535 of them were occupied in 2010 providing a residential rental vacancy rate of 16.1%.
Lake Worth 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 | |
|---|---|---|---|---|
| 1175 Jason Way | Single Family | 2,340 | B |
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| 1167 Jason Way | Single Family | 1,751 | B |
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| 2302 Gabriel Ln | Single Family | 2,160 | B |
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| 2288 Gabriel Ln | Single Family | 1,760 | B |
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| 2320 Gabriel Ln | Single Family | 3,100 | B |
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| 1178 Jason Way | Single Family | 2,121 | B |
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| 1174 Jason Way | Single Family | 2,334 | B |
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| 1168 Jason Way | Single Family | 2,782 | B |
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| 2330 Gabriel Ln | Single Family | 2,020 | B |
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| 1164 Jason Way | Single Family | 2,138 | B |
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| 1146 Jason Way | Single Family | 2,047 | B |
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| 1130 Jason Way | Single Family | 1,940 | B |
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| 2305 Gabriel Ln | Single Family | 2,034 | B |
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| 2344 Gabriel Ln | Single Family | 2,200 | B |
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| 1158 Jason Way | Single Family | 2,833 | B |
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| 2293 Gabriel Ln | Single Family | 1,820 | B |
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| 2353 Carambola Rd | Single Family | 2,351 | B |
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| 2317 Gabriel Ln | Single Family | 2,075 | B |
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| 2303 Carambola Rd | Single Family | 1,662 | B |
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| 2289 Carambola Rd | Single Family | 1,762 | B |
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| 2315 Carambola Rd | Single Family | 2,008 | B |
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| 2277 Carambola Rd | Single Family | 1,751 | B |
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| 2261 Gabriel Ln | Single Family | 2,758 | B |
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| 2358 Gabriel Ln | Single Family | 2,213 | B |
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| 2331 Gabriel Ln | Single Family | 2,048 | B |
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| 2271 Carambola Rd | Single Family | 1,940 | B |
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| 1167 Cherlynn Ter | Single Family | 2,221 | B |
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| 2340 Carambola Rd | County Owned | 0 | L | |
| 1075 Jason Way | Single Family | 2,183 | B |
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| 1159 Cherlynn Ter | Single Family | 3,458 | B |
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| 1175 Cherlynn Ter | Single Family | 3,190 | B |
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| 1083 Jason Way | Single Family | 2,145 | B |
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| 2247 Gabriel Ln | Single Family | 1,829 | B |
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| 2345 Gabriel Ln | Single Family | 2,028 | B |
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| 1183 Cherlynn Ter | Single Family | 2,664 | B |
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| 1065 Jason Way | Single Family | 2,174 | B |
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| 2365 Carambola Rd | Single Family | 2,481 | B |
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| 2372 Gabriel Ln | Single Family | 2,001 | B |
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| 1191 Cherlynn Ter | Single Family | 2,339 | B |
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| 1151 Cherlynn Ter | Single Family | 2,593 | B |
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| 2359 Gabriel Ln | Single Family | 2,024 | B |
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| 1736 Carambola Rd | Single Family | 2,060 | B |
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| 2403 Circle Dr | Single Family | 1,961 | B |
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| 1072 Jason Way | Single Family | 2,013 | B |
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| 2233 Gabriel Ln | Single Family | 2,505 | B |
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| 1744 Carambola Rd | Single Family | 1,988 | B |
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| 2379 Carambola Rd | Single Family | 2,240 | B |
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| 1199 Cherlynn Ter | Single Family | 2,756 | B |
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| 2386 Gabriel Ln | Single Family | 2,152 | B |
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Local Household Income
The median household income in this part of Florida is $45,914. The bottom 10% of the population earn less than $15,196 per year. The top 10% earn more than $110,931 per year. The top 1% earn more than $275,274 per year. Most renters earn between $27,132 (20th percentile) and $44,184 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $91,828 and $114,785.
The tax assessed value of this property places it in percentile 92 of all properties in this area. This suggests it would appeal to someone earning around $120,905 per year who should qualify for a mortgage between $241,810 and $302,263.
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 $1,048. Most renters earn between $2,261 and $3,682 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $816 (20th percentile) to $1,318 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 92 of all properties in this area. This corresponds to a rent of $1,622 per month and a monthly household income of $4,402 ($52,824 per year)
Nearby Companies
2317 Bermuda Dr
1075 Jason Way
2403 Circle Dr
2305 Gabriel Ln
2302 Gabriel Ln
1175 Jason Way
1175 Jason Way
1167 Jason Way
1164 Jason Way
1920 Carambola Rd
1728 Carambola Rd
2242 Gabriel Ln
2242 Gabriel Ln
1191 Cherlynn Ter