2965 Norway Pine Ln, 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 | |
|---|---|---|---|---|
| 2975 Norway Pine Ln | Single Family | 1,726 | B |
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| 2955 Norway Pine Ln | Single Family | 2,310 | B |
|
| 2985 Norway Pine Ln | Single Family | 2,575 | B |
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| 2964 Torrey Pine Ln | Single Family | 1,715 | B |
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| 2954 Torrey Pine Ln | Single Family | 2,239 | B |
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| 2974 Torrey Pine Ln | Single Family | 1,715 | B |
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| 2984 Torrey Pine Ln | Single Family | 1,715 | B |
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| 2995 Norway Pine Ln | Single Family | 1,726 | B |
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| 2966 Norway Pine Ln | Single Family | 1,726 | B |
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| 2956 Norway Pine Ln | Single Family | 1,726 | B |
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| 2976 Norway Pine Ln | Single Family | 1,714 | B |
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| 6480 Lantana Pines Dr | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 2994 Torrey Pine Ln | Single Family | 2,235 | B |
|
| 2986 Norway Pine Ln | Single Family | 1,572 | B |
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| 2996 Norway Pine Ln | Single Family | 2,575 | B |
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| 2930 Norway Pine Ln | Single Family | 2,239 | B |
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| 2965 Torrey Pine Ln | Single Family | 2,103 | B |
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| 2975 Torrey Pine Ln | Single Family | 1,701 | B |
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| 2955 Torrey Pine Ln | Single Family | 2,350 | B |
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| 2925 Sierra Pine Dr | Single Family | 1,806 | B |
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| 2985 Torrey Pine Ln | Single Family | 1,701 | B |
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| 6460 Lantana Pines Dr | Single Family | 2,454 | B |
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| 2920 Norway Pine Ln | Single Family | 1,624 | B |
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| 2995 Torrey Pine Ln | Single Family | 1,715 | B |
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| 2905 Sierra Pine Dr | Single Family | 1,751 | B |
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| 2910 Norway Pine Ln | Single Family | 2,575 | B |
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| 2895 Sierra Pine Dr | Single Family | 1,751 | B |
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| 2956 Monterey Pine Ln | Single Family | 2,575 | B |
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| 2976 Monterey Pine Ln | Single Family | 1,715 | B |
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| 2966 Monterey Pine Ln | Single Family | 2,575 | B |
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| 2885 Sierra Pine Dr | Single Family | 1,751 | B |
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| 2986 Monterey Pine Ln | Single Family | 1,715 | B |
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| 2900 Norway Pine Ln | Single Family | 2,575 | B |
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| 2996 Monterey Pine Ln | Single Family | 1,715 | B |
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| 2955 Northside Dr | Single Family | 2,077 | B |
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| 2941 Northside Dr | Vacant Residential | 0 | L | |
| 2969 Northside Dr | Single Family | 2,382 | B |
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| 2875 Norway Pine Ln | Single Family | 1,872 | B |
|
| 2890 Norway Pine Ln | Single Family | 2,287 | B |
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| 2927 Northside Dr | Vacant Residential | 0 | L | |
| 2840 Black Pine Ct | Single Family | 1,887 | B |
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| 2850 Black Pine Ct | Single Family | 1,808 | B |
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| 2830 Black Pine Ct | Single Family | 1,808 | B |
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| 6522 S Congress Ave | Single Family | 2,081 | B |
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| 2820 Black Pine Ct | Single Family | 1,808 | B |
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| 2913 Northside Dr | Single Family | 2,411 | B |
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| 2810 Black Pine Ct | Single Family | 1,928 | B |
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| 2880 Norway Pine Ln | Single Family | 2,239 | 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 47 of all properties in this area. This suggests it would appeal to someone earning around $55,415 per year who should qualify for a mortgage between $110,830 and $138,538.
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 47 of all properties in this area. This corresponds to a rent of $1,012 per month and a monthly household income of $2,630 ($31,560 per year)
Nearby Companies
6450 Pinyon Pine Ct
2995 Torrey Pine Ln
2925 Sierra Pine Dr
2913 Northside Dr
2913 Northside Dr
2830 Black Pine Ct
2830 Black Pine Ct
2810 Black Pine Ct