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:

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

AddressTypeSq FtClass 
1306 Hypoluxo Rd Auto sales, auto repair and storage or auto service shop 1,800 B
1308 Hypoluxo Rd Nightclub, cocktail lounge or bar 2,000 B
1300 Hypoluxo Rd Auto sales, auto repair and storage or auto service shop 1,226 B
San Castle Blvd Auto sales, auto repair and storage or auto service shop 0 L
1299 Frangipani Cir Single Family 1,560 B
1287 Frangipani Cir Single Family 1,455 B
1275 Frangipani Cir Single Family 1,050 B
1309 Frangipani Cir Single Family 1,935 B
1263 Frangipani Cir Single Family 1,363 B
1358 Hypoluxo Rd Auto sales, auto repair and storage or auto service shop 2,340 B
1201 Hypoluxo Rd Store, one story 8,980 B
1228 Hypoluxo Rd Store, one story 9,575 B
1312 Frangipani Cir Single Family 1,289 B
1360 Hypoluxo Rd Auto sales, auto repair and storage or auto service shop 2,842 B
1199 Hypoluxo Rd Store, one story 9,315 B
1286 Frangipani Cir Single Family 1,218 B
1298 Frangipani Cir Single Family 1,320 B
1274 Frangipani Cir Single Family 1,235 B
1308 Frangipani Cir Single Family 1,050 B
Overlook Dr Open storage (building supplies, auto wrecking, fuel, equipment or material storage) 0 L
1221 Hypoluxo Rd Hotel or motel 32,686 B
1264 Frangipani Cir Single Family 1,238 B
1380 Hypoluxo Rd Auto sales, auto repair and storage or auto service shop 5,705 B
1189 Hypoluxo Rd Office building, non-professional service building, multi-story 11,856 B
1251 Hypoluxo Rd Hotel or motel 0 B
5435 Old Spanish Trail Rd Single Family 826 C
5455 Old Spanish Trail Rd Single Family 1,002 C
5414 Old Spanish Trail Rd Single Family 882 C
5485 Old Spanish Trail Rd Single Family 1,269 C
5395 Old Spanish Trail Rd Single Family 845 C
5495 Old Spanish Trail Rd Single Family 1,358 B

Local Household Income

The median household income in this part of Florida is $67,505. The bottom 10% of the population earn less than $21,763 per year. The top 10% earn more than $196,896 per year. The top 1% earn more than $687,450 per year. Most renters earn between $37,044 (20th percentile) and $63,912 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $135,010 and $168,763.

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 $1,237. Most renters earn between $3,087 and $5,326 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $977 (20th percentile) to $1,647 (80th percentile) range. The residential vacancy rate is 8%.

Nearby Companies

C & N Of Palm Beach, Inc.
1221 Hypoluxo Rd
Tnr Global LLC
1360 Hypoluxo Rd
Palm Beach Tire, Inc.
1360 Hypoluxo Rd
M&H Enterprises Pb LLC
1308 Hypoluxo Rd
Grace Coin Laundry, Inc.
1302 Hypoluxo Rd
1300 Hypoluxo LLC
1300 Hypoluxo Rd
Retro Customz Fl LLC
1300 Hypoluxo Rd
Shanlin Corporation
1300 Hypoluxo Rd
G.B. Interiors, Inc.
1287 W Frangipani Cir
Gjs Wood Inc.
1264 W Frangipani Cir
Westa,LLC
7416 San Castle Blvd
G Brothers Properties, LLC
1203 Hypoluxo Rd
Gandhi Brothers, Inc.
1203 Hypoluxo Rd
Disclaimers and Disclosures

Public Records Data

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