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 
3359 Hurricane Dr Single Family 1,922 B
6586 Venetian Dr Single Family 1,574 B
3574 Vagabond Rd Single Family 1,243 B
3392 Vagabond Rd Single Family 2,095 B
3360 Vagabond Rd Single Family 1,763 B
3374 Hurricane Dr Single Family 1,290 B
3343 Hurricane Dr Single Family 1,263 B
3360 Hurricane Dr Single Family 1,832 B
6614 Venetian Dr Single Family 1,941 B
3344 Vagabond Rd Single Family 1,893 B
3344 Hurricane Dr Single Family 1,948 B
6581 Venetian Dr Single Family 1,413 B
6597 Venetian Dr Single Family 2,036 B
3327 Hurricane Dr Single Family 1,196 B
6567 Venetian Dr Single Family 2,009 B
3373 Plaza Pl Single Family 1,974 B
3373 Vagabond Rd Single Family 1,160 B
3328 Vagabond Rd Single Family 1,663 B
6540 Venetian Dr Single Family 1,662 B
6632 Venetian Dr Single Family 1,529 B
3359 Vagabond Rd Single Family 1,286 B
6611 Venetian Dr Single Family 1,976 B
3328 Hurricane Dr Single Family 1,258 B
3321 Plaza Pl Single Family 1,072 B
6551 Venetian Dr Single Family 2,510 B
3343 Vagabond Rd Single Family 1,356 B
3315 Hurricane Dr Single Family 1,575 B
6625 Venetian Dr Single Family 1,594 B
3314 Vagabond Rd Single Family 2,092 B
6537 Venetian Dr Single Family 1,509 B
6580 Riparian Rd Single Family 1,091 B
3327 Plaza Pl Single Family 1,093 B
3314 Hurricane Dr Single Family 1,722 B
3299 Vagabond Rd Single Family 949 B
6596 Riparian Rd Single Family 1,826 B
3374 Parade Pl Single Family 2,055 B
951 Ahamanda Dr Vacant Residential 0 L
6520 Venetian Dr Single Family 1,765 B
3360 Parade Pl Single Family 1,468 B
6639 Venetian Dr Single Family 1,008 C
3344 Parade Pl Single Family 2,205 B
3297 Hurricane Dr Single Family 1,860 B
3313 Plaza Pl Single Family 1,139 B
3374 Plaza Pl Single Family 1,393 B
3313 Vagabond Rd Single Family 1,571 B
3298 Vagabond Rd Single Family 1,252 B
6626 Riparian Rd Single Family 1,919 B
3360 Plaza Pl Single Family 971 B
3390 Plaza Pl Single Family 1,080 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 33 of all properties in this area. This suggests it would appeal to someone earning around $39,186 per year who should qualify for a mortgage between $78,372 and $97,965.

Annual Income Distribution - All Households (Brown), Renters (Blue)
0
10
20
30
40
50
60
70
80
90
100
$0
$28,152
$56,303
$84,455
$112,606
$39,186

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 33 of all properties in this area. This corresponds to a rent of $917 per month and a monthly household income of $2,365 ($28,380 per year)

Rent Range - Gross Monthly Income (Blue), Gross Rent (Green)
0
10
20
30
40
50
60
70
80
90
100
$316
$2,035
$3,754
$5,473
$7,192
$2,365
$917

Nearby Companies

Paradise360 Co.
6537 Venetian Dr
Bnd Weaver LLC
6515 Riparian Rd
Unity Electrical, LLC.
3373 Plaza Pl
Ideal Irrigation, Inc.
3360 Hurricane Dr
Florida Pools Squad LLC
6580 Riparian Rd
Aaa Hauling, Inc.
6611 Venetian Dr
Palomos Real Group, LLC
6653 Venetian Dr
D. Reeves Consulting "LLC"
3374 Hurricane Dr
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.

BESbswy