3525 Elizabeth Rd, 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 | |
|---|---|---|---|---|
| 2809 French Ave | Single Family | 942 | B |
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| 2810 Buckley Ave | Single Family | 1,449 | B |
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| 2813 French Ave | Single Family | 1,291 | B |
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| 3526 Elizabeth Rd | Single Family | 1,754 | B |
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| 2804 French Ave | Single Family | 1,104 | B |
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| 3566 Elizabeth Rd | Single Family | 1,540 | B |
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| 2810 French Ave | Single Family | 1,085 | B |
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| 2814 Buckley Ave | Single Family | 1,137 | B |
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| 2819 French Ave | Single Family | 1,235 | B |
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| 510 Elizabeth Rd | Single Family | 1,201 | B |
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| 2814 French Ave | Single Family | 1,083 | B |
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| 3576 Elizabeth Rd | Single Family | 1,677 | B |
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| 2820 Buckley Ave | Single Family | 1,410 | B |
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| 2820 French Ave | Single Family | 942 | B |
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| 2825 French Ave | Single Family | 1,332 | B |
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| 514 Elizabeth Rd | Single Family | 1,928 | B |
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| 406 Elizabeth Rd | Single Family | 1,566 | B |
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| 2826 Buckley Ave | Single Family | 1,125 | B |
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| 3595 Elizabeth Rd | Single Family | 1,743 | B |
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| 2826 French Ave | Single Family | 943 | B |
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| 2831 French Ave | Single Family | 1,433 | B |
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| 3598 Elizabeth Rd | Single Family | 1,837 | B |
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| 2819 Buckley Ave | Single Family | 1,045 | B |
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| 2832 Buckley Ave | Single Family | 1,296 | B |
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| 2832 French Ave | Single Family | 1,233 | B |
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| 2825 Buckley Ave | Single Family | 1,496 | B |
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| 2901 French Ave | Single Family | 1,390 | B |
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| 2902 Buckley Ave | Single Family | 1,123 | B |
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| 401 Elizabeth Rd | Single Family | 1,144 | B |
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| 2902 French Ave | Single Family | 1,262 | B |
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| 402 Elizabeth Rd | Single Family | 2,642 | B |
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| 2831 Buckley Ave | Single Family | 1,380 | B |
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| 2905 French Ave | Single Family | 841 | B |
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| 2826 Scanlan Ave | Single Family | 1,394 | B |
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| 2906 Buckley Ave | Single Family | 1,082 | B |
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| 2901 Buckley Ave | Single Family | 769 | B |
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| 2906 French Ave | Single Family | 934 | B |
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| 3495 Lynnwood Dr | Multi-family - 10 units or more | 16,776 | B |
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| 2832 Scanlan Ave | Single Family | 754 | B |
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| 308 Elizabeth Rd | Single Family | 1,759 | B |
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| 2909 French Ave | Single Family | 1,099 | B |
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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 18 of all properties in this area. This suggests it would appeal to someone earning around $23,899 per year who should qualify for a mortgage between $47,798 and $59,748.
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 18 of all properties in this area. This corresponds to a rent of $764 per month and a monthly household income of $1,981 ($23,772 per year)
Nearby Companies
2901 French Ave
2902 Buckley Ave
2825 French Ave
2810 Buckley Ave
2810 Buckley Ave
2810 Buckley Ave
3525 Elizabeth Rd
2813 French Ave
514 Elizabeth Rd
506 Elizabeth Rd
506 Elizabeth Rd