6931 Tradewind Way, 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 | |
|---|---|---|---|---|
| 6945 Tradewind Way | Single Family | 1,956 | B |
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| 6915 Tradewind Way | Single Family | 2,315 | B |
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| 6899 Tradewind Way | Single Family | 2,703 | B |
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| 6963 Tradewind Way | Single Family | 1,883 | B |
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| 6922 Kingston Dr | Single Family | 2,134 | B |
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| 6910 Kingston Dr | Single Family | 1,831 | B |
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| 6918 Tradewind Way | Single Family | 2,143 | B |
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| 6934 Tradewind Way | Single Family | 1,488 | B |
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| 6902 Tradewind Way | Single Family | 2,067 | B |
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| 6896 Kingston Dr | Single Family | 1,991 | B |
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| 6952 Tradewind Way | Single Family | 1,602 | B |
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| 6928 Kingston Dr | Single Family | 1,608 | B |
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| 6885 Tradewind Way | Single Family | 2,346 | B |
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| 6981 Tradewind Way | Single Family | 2,230 | B |
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| 6880 Kingston Dr | Single Family | 2,043 | B |
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| 6886 Tradewind Way | Single Family | 2,122 | B |
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| 6968 Tradewind Way | Single Family | 1,736 | B |
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| 2103 Hypoluxo Rd | Single Family | 2,118 | B |
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| 6869 Tradewind Way | Single Family | 2,222 | B |
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| 2125 Hypoluxo Rd | Single Family | 1,915 | B |
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| 6866 Kingston Dr | Single Family | 1,624 | B |
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| 6868 Tradewind Way | Single Family | 1,622 | B |
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| 6984 Tradewind Way | Orchard Groves, Citrus, etc. | 0 | L | |
| 6931 High Ridge Rd | Single Family | 2,224 | B |
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| 6948 Kingston Dr | Single Family | 1,807 | B |
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| 6947 High Ridge Rd | Single Family | 2,732 | B |
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| 6911 High Ridge Rd | Single Family | 2,284 | B |
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| 6913 Kingston Dr | Single Family | 3,032 | B |
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| 2141 Hypoluxo Rd | Single Family | 1,961 | B |
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| 6895 Kingston Dr | Single Family | 1,448 | B |
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| 6855 Tradewind Way | Single Family | 1,847 | B |
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| 6850 Kingston Dr | Single Family | 2,543 | B |
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| 6889 High Ridge Rd | Single Family | 2,819 | B |
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| 6881 Kingston Dr | Single Family | 2,539 | B |
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| 2157 Hypoluxo Rd | Single Family | 1,870 | B |
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| 6852 Tradewind Way | Single Family | 1,803 | B |
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| 6865 Kingston Dr | Single Family | 2,475 | B |
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| 6877 High Ridge Rd | Single Family | 2,664 | B |
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| 6839 Tradewind Way | Single Family | 1,692 | B |
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| 6961 High Ridge Rd | Single Family | 2,032 | B |
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| 2171 Hypoluxo Rd | Single Family | 2,031 | B |
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| 6836 Kingston Dr | Single Family | 1,374 | B |
|
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 71 of all properties in this area. This suggests it would appeal to someone earning around $91,505 per year who should qualify for a mortgage between $183,010 and $228,763.
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 $1,028. 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 71 of all properties in this area. This corresponds to a rent of $1,238 per month and a monthly household income of $3,308 ($39,696 per year)
Nearby Companies
6836 Kingston Dr
6896 Kingston Dr
6910 Kingston Dr
6931 Tradewind Way
6931 Tradewind Way
6825 Tradewind Way
6825 Tradewind Way
6952 Tradewind Way
6952 Tradewind Way
6911 High Ridge Rd
6911 High Ridge Rd
6911 High Ridge Rd