6847 Boston Dr, 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%.
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 | |
---|---|---|---|---|
6859 Boston Dr | Single Family | 1,196 | B | |
6831 Boston Dr | Single Family | 1,203 | B | |
6850 Massachusetts Dr | Single Family | 1,705 | C | |
6856 Massachusetts Dr | Single Family | 1,628 | B | |
6844 Boston Dr | Single Family | 1,263 | B | |
6873 Boston Dr | Single Family | 1,311 | B | |
6817 Boston Dr | Single Family | 1,881 | B | |
6858 Boston Dr | Single Family | 2,419 | B | |
6816 Massachusetts Dr | Single Family | 1,666 | B | |
6874 Massachusetts Dr | Single Family | 1,775 | B | |
2879 Boston Ct | Single Family | 2,341 | B | |
6900 Boston Dr | Single Family | 1,506 | B | |
6887 Boston Dr | Single Family | 1,571 | B | |
6803 Boston Dr | Single Family | 1,552 | B | |
6802 Massachusetts Dr | Single Family | 1,908 | B | |
6888 Massachusetts Dr | Single Family | 1,738 | B | |
6804 Boston Dr | Single Family | 1,729 | B | |
6910 Boston Dr | Single Family | 1,092 | B | |
6845 Massachusetts Dr | Single Family | 1,922 | B | |
6831 Massachusetts Dr | Single Family | 1,177 | B | |
6859 Massachusetts Dr | Single Family | 1,420 | B | |
6901 Boston Dr | Single Family | 1,635 | B | |
6789 Boston Dr | Single Family | 1,937 | B | |
6817 Massachusetts Dr | Single Family | 1,238 | B | |
6873 Massachusetts Dr | Single Family | 1,171 | B | |
6788 Massachusetts Dr | Single Family | 2,085 | B | |
2850 Boston Ct | Single Family | 2,448 | B | |
6902 Massachusetts Dr | Single Family | 1,166 | B | |
6790 Boston Dr | Single Family | 1,081 | B | |
6916 Boston Dr | Single Family | 1,523 | B | |
6821 Massachusetts Dr | Single Family | 1,162 | B | |
6887 Massachusetts Dr | Single Family | 1,388 | B | |
2855 Boston Ct | Single Family | 2,021 | B | |
6941 Boston Dr | Single Family | 1,505 | B | |
6775 Boston Dr | Single Family | 1,562 | B | |
6844 S Congress Ave | Single Family | 1,618 | B | |
6830 S Congress Ave | Single Family | 1,668 | B | |
6858 S Congress Ave | Single Family | 2,033 | B | |
6774 Boston Dr | Single Family | 1,196 | B | |
6916 Massachusetts Dr | Single Family | 1,574 | B | |
6805 Massachusetts Dr | Single Family | 1,284 | B | |
6922 Boston Dr | Single Family | 1,255 | B | |
6816 S Congress Ave | Vacant Residential | 0 | L | |
6897 Massachusetts Dr | Single Family | 1,827 | B | |
6874 S Congress Ave | Single Family | 1,557 | B | |
6768 Massachusetts Dr | Single Family | 1,713 | B | |
6802 S Congress Ave | Single Family | 1,703 | B | |
6955 Boston Dr | Single Family | 1,058 | B | |
6761 Boston Dr | Single Family | 1,659 | 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 57 of all properties in this area. This suggests it would appeal to someone earning around $67,606 per year who should qualify for a mortgage between $135,212 and $169,015.
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 57 of all properties in this area. This corresponds to a rent of $1,092 per month and a monthly household income of $2,870 ($34,440 per year)
Nearby Companies
6896 S Congress Ave
6896 S Congress Ave
6775 Massachusetts Dr
6805 Massachusetts Dr
6859 Massachusetts Dr
6768 Massachusetts Dr
6788 Massachusetts Dr
6775 Boston Dr
2824 Boston Ct
2880 Boston Ct
6804 Boston Dr