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 
1659 Royal Forest Ct Single Family 1,037 B
1667 Royal Forest Ct Single Family 1,037 B
1655 Royal Forest Ct Single Family 1,037 B
1677 Royal Forest Ct Single Family 1,100 B
1681 Royal Forest Ct Single Family 1,100 B
1662 Royal Forest Ct Single Family 1,100 B
1658 Royal Forest Ct Single Family 1,100 B
1666 Royal Forest Ct Single Family 1,100 B
1457 Royal Forest Ct Single Family 1,100 B
1453 Royal Forest Ct Single Family 1,100 B
1654 Royal Forest Ct Single Family 1,100 B
1449 Royal Forest Ct Single Family 1,100 B
1461 Royal Forest Ct Single Family 1,100 B
1670 Royal Forest Ct Single Family 1,100 B
1685 Royal Forest Ct Single Family 1,100 B
1650 Royal Forest Ct Single Family 1,100 B
1465 Royal Forest Ct Single Family 1,100 B
1674 Royal Forest Ct Single Family 1,037 B
1445 Royal Forest Ct Single Family 1,100 B
1469 Royal Forest Ct Single Family 1,100 B
1678 Royal Forest Ct Single Family 1,037 B
1646 Royal Forest Ct Single Family 1,100 B
1689 Royal Forest Ct Single Family 1,100 B
1682 Royal Forest Ct Single Family 1,100 B
1441 Royal Forest Ct Single Family 1,100 B
1473 Royal Forest Ct Single Family 1,100 B
1686 Royal Forest Ct Single Family 1,100 B
1642 Royal Forest Ct Single Family 1,100 B
1477 Royal Forest Ct Single Family 1,100 B
1437 Royal Forest Ct Single Family 1,100 B
1690 Royal Forest Ct Single Family 1,037 B
1721 Royal Forest Ct Single Family 680 B
1725 Royal Forest Ct Single Family 1,100 B
1481 Royal Forest Ct Single Family 1,100 B
1729 Royal Forest Ct Single Family 1,100 B
1717 Royal Forest Ct Single Family 1,247 B
1638 Royal Forest Ct Single Family 1,100 B
1733 Royal Forest Ct Single Family 1,100 B
1694 Royal Forest Ct Single Family 1,037 B
1458 Royal Forest Ct Single Family 1,100 B
1454 Royal Forest Ct Single Family 1,100 B
1737 Royal Forest Ct Single Family 1,100 B
1462 Royal Forest Ct Single Family 1,100 B
1485 Royal Forest Ct Single Family 1,100 B
1466 Royal Forest Ct Single Family 1,100 B
1741 Royal Forest Ct Single Family 1,298 B
1634 Royal Forest Ct Single Family 1,100 B
1470 Royal Forest Ct Single Family 1,100 B
1698 Royal Forest Ct Single Family 1,100 B

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 22 of all properties in this area. This suggests it would appeal to someone earning around $24,994 per year who should qualify for a mortgage between $49,988 and $62,485.

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 22 of all properties in this area. This corresponds to a rent of $840 per month and a monthly household income of $2,317 ($27,804 per year)

Nearby Companies

Mem Multienterprises LLC
1702 Royal Forest Ct
Reina Y Espada LLC
1679 Woodbridge Lakes Cir
Martinat Engineering, LLC
1441 Royal Forest Ct
Professionals Who Care, LLC
1678 Royal Forest Ct
Norris Towing, LLC
1462 Royal Forest Ct
Montoya & Montoya LLC
1481 Royal Forest Ct
Active Clean LLC
1610 Royal Forest Ct
Disclaimers and Disclosures

Public Records Data

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