1651 Woods Bend Rd, 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 | |
|---|---|---|---|---|
| 1643 Woods Bend Rd | Single Family | 1,980 | B |
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| 3641 Nandina Ct | Single Family | 1,980 | B |
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| 1675 Woods Bend Rd | Single Family | 1,939 | B |
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| 3661 Nandina Ct | Single Family | 1,918 | B |
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| 1633 Woods Bend Rd | Single Family | 2,086 | B |
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| 1674 Woods Bend Rd | Single Family | 1,956 | B |
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| 1654 Woods Bend Rd | Single Family | 1,627 | B |
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| 1682 Woods Bend Rd | Single Family | 1,851 | B |
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| 3672 Nandina Ct | Single Family | 2,131 | B |
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| 3682 Nandina Ct | Single Family | 1,306 | B |
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| 3675 Nandina Ct | Single Family | 1,925 | B |
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| 3642 Moon Vine Ct | Single Family | 1,992 | B |
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| 1621 Woods Bend Rd | Single Family | 1,856 | B |
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| 3656 Moon Vine Ct | Single Family | 2,039 | B |
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| 1695 Woods Bend Rd | Single Family | 2,292 | B |
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| 3628 Moon Vine Ct | Single Family | 1,837 | B |
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| 3639 Walden Ln | Single Family | 1,793 | B |
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| 3670 Moon Vine Ct | Single Family | 1,906 | B |
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| 1681 Walden Ln | Single Family | 1,760 | B |
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| 3623 Walden Ln | Single Family | 1,628 | B |
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| 1609 Woods Bend Rd | Single Family | 1,385 | B |
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| 3609 Walden Ln | Single Family | 2,195 | B |
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| 1640 Walden Ln | Single Family | 2,334 | B |
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| 3618 Moon Vine Ct | Single Family | 1,561 | B |
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| 1705 Woods Bend Rd | Single Family | 1,884 | B |
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| 3680 Moon Vine Ct | Single Family | 1,549 | B |
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| 1551 Woodbridge Lakes Cir | Single Family | 1,835 | B |
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| 1553 Woodbridge Lakes Cir | Single Family | 1,488 | B |
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| 3595 Walden Ln | Single Family | 2,114 | B |
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| 1555 Woodbridge Lakes Cir | Single Family | 1,488 | B |
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| 1557 Woodbridge Lakes Cir | Single Family | 1,488 | B |
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| 1545 Woodbridge Lakes Cir | Single Family | 1,835 | B |
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| 1543 Woodbridge Lakes Cir | Single Family | 1,488 | B |
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| 1541 Woodbridge Lakes Cir | Single Family | 1,490 | B |
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| 1593 Woods Bend Rd | Single Family | 1,561 | B |
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| 1559 Woodbridge Lakes Cir | Single Family | 1,490 | B |
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| 1539 Woodbridge Lakes Cir | Single Family | 1,488 | B |
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| 1630 Woods Bend Rd | Single Family | 1,723 | B |
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| 1537 Woodbridge Lakes Cir | Single Family | 1,488 | B |
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| 1664 Walden Ln | Single Family | 1,390 | B |
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| 1561 Woodbridge Lakes Cir | Single Family | 1,490 | B |
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| 1535 Woodbridge Lakes Cir | Single Family | 1,488 | B |
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| 1563 Woodbridge Lakes Cir | Single Family | 1,488 | B |
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| 1731 Woods Bend Rd | Single Family | 1,867 | B |
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| 1533 Woodbridge Lakes Cir | Single Family | 1,835 | B |
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| 1565 Woodbridge Lakes Cir | Single Family | 1,835 | B |
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| 1680 Walden Ln | Single Family | 1,773 | B |
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| 1618 Woods Bend Rd | Single Family | 1,647 | B |
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| 1529 Woodbridge Lakes Cir | Single Family | 1,835 | 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 83 of all properties in this area. This suggests it would appeal to someone earning around $90,093 per year who should qualify for a mortgage between $180,186 and $225,233.
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 83 of all properties in this area. This corresponds to a rent of $1,373 per month and a monthly household income of $3,802 ($45,624 per year)
Nearby Companies
1708 Walden Ln
1708 Walden Ln
1708 Walden Ln
1650 Walden Ln
1581 Woodbridge Lakes Cir
1581 Woodbridge Lakes Cir
1581 Woodbridge Lakes Cir
1590 Woods Bend Rd
1590 Woods Bend Rd
3675 Nandina Ct
1630 Woods Bend Rd
1565 Woodbridge Lakes Cir
3655 Moon Vine Ct
3681 Moon Vine Ct
1741 Woods Bend Rd