1557 Royal Forest Ct, 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 | |
|---|---|---|---|---|
| 1561 Royal Forest Ct | Single Family | 1,100 | B |
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| 1553 Royal Forest Ct | Single Family | 1,100 | B |
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| 1565 Royal Forest Ct | Single Family | 1,100 | B |
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| 1549 Royal Forest Ct | Single Family | 1,100 | B |
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| 1521 Royal Forest Ct | Single Family | 1,100 | B |
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| 1569 Royal Forest Ct | Single Family | 1,100 | B |
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| 1517 Royal Forest Ct | Single Family | 1,100 | B |
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| 1558 Royal Forest Ct | Single Family | 1,100 | B |
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| 1562 Royal Forest Ct | Single Family | 1,100 | B |
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| 1554 Royal Forest Ct | Single Family | 1,100 | B |
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| 1566 Royal Forest Ct | Single Family | 1,100 | B |
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| 1513 Royal Forest Ct | Single Family | 1,100 | B |
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| 1550 Royal Forest Ct | Single Family | 1,037 | B |
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| 1570 Royal Forest Ct | Single Family | 1,100 | B |
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| 1599 Royal Forest Ct | River, lake or submerged land | 0 | L | |
| 1530 Royal Forest Ct | Single Family | 1,100 | B |
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| 1546 Royal Forest Ct | Single Family | 1,037 | B |
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| 1509 Royal Forest Ct | Single Family | 1,100 | B |
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| 1574 Royal Forest Ct | Single Family | 1,100 | B |
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| 1534 Royal Forest Ct | Single Family | 1,100 | B |
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| 1526 Royal Forest Ct | Single Family | 1,100 | B |
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| 1522 Royal Forest Ct | Single Family | 1,100 | B |
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| 1538 Royal Forest Ct | Single Family | 1,100 | B |
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| 1613 Royal Forest Ct | Single Family | 1,100 | B |
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| 1518 Royal Forest Ct | Single Family | 1,100 | B |
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| 1542 Royal Forest Ct | Single Family | 1,100 | B |
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| 1578 Royal Forest Ct | Single Family | 1,100 | B |
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| 1514 Royal Forest Ct | Single Family | 1,100 | B |
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| 1582 Royal Forest Ct | Single Family | 1,100 | B |
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| 1617 Royal Forest Ct | Single Family | 1,100 | B |
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| 1586 Royal Forest Ct | Single Family | 1,100 | B |
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| 1590 Royal Forest Ct | Single Family | 1,100 | B |
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| 1594 Royal Forest Ct | Single Family | 1,037 | B |
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| 1505 Royal Forest Ct | Single Family | 1,100 | B |
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| 1510 Royal Forest Ct | Single Family | 1,475 | B |
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| 1598 Royal Forest Ct | Single Family | 1,037 | B |
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| 1602 Royal Forest Ct | Single Family | 1,037 | B |
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| 1606 Royal Forest Ct | Single Family | 1,037 | B |
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| 1501 Royal Forest Ct | Single Family | 1,100 | B |
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| 3706 Victoria Dr | Single Family | 1,371 | B |
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| 1610 Royal Forest Ct | Single Family | 1,100 | B |
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| 3704 Victoria Dr | Single Family | 1,367 | B |
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| 1497 Royal Forest Ct | Single Family | 1,100 | B |
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| 1614 Royal Forest Ct | Single Family | 1,100 | B |
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| 3700 Victoria Dr | Single Family | 1,367 | B |
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| 1618 Royal Forest Ct | Single Family | 1,100 | B |
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| 1622 Royal Forest Ct | Single Family | 1,100 | B |
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| 1626 Royal Forest Ct | Single Family | 680 | B |
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| 3698 Victoria Dr | Single Family | 1,371 | 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 25 of all properties in this area. This suggests it would appeal to someone earning around $26,901 per year who should qualify for a mortgage between $53,802 and $67,253.
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 25 of all properties in this area. This corresponds to a rent of $866 per month and a monthly household income of $2,403 ($28,836 per year)
Nearby Companies
3696 Victoria Dr
3700 Victoria Dr
3712 Victoria Dr
1462 Royal Forest Ct
1481 Royal Forest Ct
1610 Royal Forest Ct
1598 Royal Forest Ct
1518 Royal Forest Ct
1521 Royal Forest Ct
1599 Royal Forest Ct
1697 Woodbridge Lakes Cir
1542 Royal Forest Ct