1509 High Ridge Rd, Lake Worth
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%.
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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 | |
|---|---|---|---|---|
| 1507 High Ridge Rd | Single Family | 1,357 | B |
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| 1511 High Ridge Rd | Single Family | 1,652 | B |
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| 1507 Shirley Ct | Single Family | 1,480 | B |
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| 1408 Lake Geneva Dr | Single Family | 1,364 | B |
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| 1505 High Ridge Rd | Single Family | 1,646 | B |
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| 1505 Shirley Ct | Single Family | 1,365 | B |
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| 1509 Shirley Ct | Single Family | 1,320 | B |
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| 1410 Lake Geneva Dr | Single Family | 1,562 | B |
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| 1350 Lake Geneva Dr | Single Family | 1,619 | B |
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| 1503 High Ridge Rd | Single Family | 1,466 | B |
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| 1601 High Ridge Rd | Single Family | 1,792 | B |
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| 1409 Lake Geneva Dr | Single Family | 1,480 | B |
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| 1502 High Ridge Rd | Single Family | 1,612 | B |
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| 1510 Shirley Ct | Single Family | 1,642 | B |
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| 1511 Shirley Ct | Single Family | 1,320 | B |
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| 1412 Lake Geneva Dr | Single Family | 1,496 | B |
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| 1344 Lake Geneva Dr | Single Family | 1,687 | B |
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| 1411 Lake Geneva Dr | Single Family | 1,340 | B |
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| 1501 High Ridge Rd | Single Family | 1,380 | B |
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| 1407 Michigan Dr | Single Family | 1,553 | B |
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| 1925 Montague St | Single Family | 1,560 | B |
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| 1343 Lake Geneva Dr | Single Family | 1,722 | B |
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| 1510 High Ridge Rd | Church | 6,952 | B |
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| 1512 Shirley Ct | Single Family | 1,976 | B |
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| 1413 Lake Geneva Dr | Single Family | 1,364 | B |
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| 1409 Michigan Dr | Single Family | 1,819 | B |
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| 1513 Shirley Ct | Single Family | 1,649 | B |
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| 1605 High Ridge Rd | Single Family | 1,907 | B |
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| 1338 Lake Geneva Dr | Single Family | 1,453 | B |
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| 1408 Lake Placid Dr | Single Family | 2,410 | B |
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| 1917 Montague St | Single Family | 1,762 | B |
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| 1510 Crest Dr | Single Family | 1,636 | B |
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| 1448 High Ridge Rd | Single Family | 1,497 | B |
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| 1337 Lake Geneva Dr | Single Family | 1,656 | B |
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| 1514 Shirley Ct | Single Family | 2,105 | B |
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| 1411 Michigan Dr | Single Family | 1,553 | B |
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| 1410 Lake Placid Dr | Single Family | 1,628 | B |
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| 1602 High Ridge Rd | Single Family | 1,793 | B |
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| 1602 Crest Dr | Single Family | 1,653 | B |
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| 1408 Michigan Dr | Single Family | 1,808 | B |
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| 1332 Lake Geneva Dr | Single Family | 1,331 | B |
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| 1515 Shirley Ct | Single Family | 1,709 | B |
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| 1419 High Ridge Rd | Single Family | 1,520 | B |
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| 1913 Montague St | Single Family | 1,533 | B |
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| 1449 Lakeview Dr | Single Family | 1,619 | B |
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| 1444 High Ridge Rd | Single Family | 1,576 | B |
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| 1413 Michigan Dr | Single Family | 1,387 | B |
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| 1331 Lake Geneva Dr | Single Family | 1,651 | 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 42 of all properties in this area. This suggests it would appeal to someone earning around $49,822 per year who should qualify for a mortgage between $99,644 and $124,555.
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 42 of all properties in this area. This corresponds to a rent of $984 per month and a monthly household income of $2,569 ($30,828 per year)
Nearby Companies
1502 High Ridge Rd
1602 High Ridge Rd
1602 High Ridge Rd
1510 High Ridge Rd
1510 High Ridge Rd
1510 High Ridge Rd
1338 Lake Geneva Dr
1313 Lake Geneva Dr
1515 Shirley Ct
1513 Shirley Ct
1413 Michigan Dr
1409 Lake Geneva Dr