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 
3993 Island Club Dr Single Family 1,201 B
3997 Island Club Dr Single Family 1,547 B
3991 Island Club Dr Single Family 1,212 B
3999 Island Club Dr Single Family 1,097 B
4001 Island Club Dr Single Family 1,401 B
3989 Island Club Cir Single Family 1,405 B
3900 Woodlake Blvd W Ste 201 Right-of-way, street, road, irrigation channel, ditch, etc. 0 L
3987 Island Club Cir Single Family 1,221 B
3775 Island Club Cir Single Family 1,505 B
3985 Island Club Cir Single Family 1,637 B
3777 Island Club Cir Single Family 1,201 B
3983 Island Club Cir Single Family 1,637 B
3879 Island Club Cir Single Family 1,547 B
3875 Island Club Cir Single Family 1,547 B
3883 Island Club Cir Single Family 1,539 B
3871 Island Club Cir Single Family 1,201 B
3779 Island Club Cir Single Family 1,547 B
3887 Island Club Cir Single Family 1,547 B
3867 Island Club Cir Single Family 1,426 B
3981 Island Club Cir Single Family 1,221 B
3891 Island Club Cir Single Family 1,104 B
3895 Island Club Cir Single Family 1,401 B
3781 Island Club Cir Single Family 1,501 B
415 Pine Tree Ct Condominium 1,200 B
3979 Island Club Cir Single Family 1,398 B
3899 Island Club Cir Single Family 1,401 B
4010 Island Club Dr Undefined - Reserved for Use by Department of Revenue 246 B
419 Pine Tree Ct Condominium 1,200 B
3903 Island Club Cir Single Family 1,104 B
3785 Island Club Cir Single Family 1,394 B
3907 Island Club Cir Single Family 1,547 B
3975 Island Club Cir Single Family 1,426 B
3857 Island Club Cir Single Family 1,505 B
3787 Island Club Cir Single Family 1,097 B
3901 Island Club Cir Single Family 1,547 B
3855 Island Club Cir Single Family 1,547 B
3971 Island Club Cir Single Family 1,097 B
3915 Island Club Cir Single Family 1,547 B
3789 Island Club Cir Single Family 1,547 B
3853 Island Club Cir Single Family 1,206 B
3967 Island Club Cir Single Family 1,547 B
408 Pine Tree Ct Condominium 1,200 B
423 Pine Tree Ct Condominium 1,200 B
3919 Island Club Cir Single Family 1,547 B
3851 Island Club Cir Single Family 1,505 B
3791 Island Club Cir Single Family 1,547 B
3963 Island Club Cir Single Family 1,547 B
3923 Island Club Cir Single Family 1,104 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 27 of all properties in this area. This suggests it would appeal to someone earning around $32,834 per year who should qualify for a mortgage between $65,668 and $82,085.

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 27 of all properties in this area. This corresponds to a rent of $858 per month and a monthly household income of $2,218 ($26,616 per year)

Nearby Companies

Marc Evans, Inc.
3939 Island Club Cir W
2mauro Marketing LLC
423 Pine Tree Ct
Cristais Borges Inc
3995 Island Club Dr
Sanchez Scrapper LLC
500 Tallulah Rd
Disclaimers and Disclosures

Public Records Data

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