7475 Sunny Hills Ter, Lake Worth
Palm Beach County Real Estate - Boynton Beach
Boynton Beach is in South East Florida. It's population as recorded in the 2010 Census was 68,217.
The median age for residents of Boynton Beach is 41.9. Around 25% of Boynton Beach households include school aged children and 35.4% of households include individuals aged 65 years or over. Census records indicate 62.4% of the Boynton Beach population are White, 30.2% are Black or African American, .2% American Indian, 2.1% Asian and 2.1% are Two or more Races.
There are 36,289 housing units in Boynton Beach. 7,185 (19.7%) of these were reported as vacant in the 2010 Census. Boynton Beach is a tourist destination, 46.3% (3,330) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 11,388 residential rental units in Boynton Beach. 9,788 of them were occupied in 2010 providing a residential rental vacancy rate of 13.7%.
Boynton Beach 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 | |
|---|---|---|---|---|
| 7465 Sunny Hills Ter | Single Family | 1,815 | B |
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| 1179 Mentone Rd | Single Family | 2,241 | B |
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| 1161 Mentone Rd | Single Family | 1,309 | B |
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| 7490 Thatcher Ave | Single Family | 1,843 | B |
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| 7476 Thatcher Ave | Single Family | 1,590 | B |
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| 7455 Sunny Hills Ter | Single Family | 1,800 | B |
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| 1195 Mentone Rd | Single Family | 1,313 | B |
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| 1145 Mentone Rd | Single Family | 1,757 | B |
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| 7480 Sunny Hills Ter | Single Family | 1,210 | B |
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| 7470 Sunny Hills Ter | Single Family | 1,633 | B |
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| 7445 Sunny Hills Ter | Single Family | 1,860 | B |
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| 7460 Sunny Hills Ter | Single Family | 1,440 | B |
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| 7448 Thatcher Ave | Single Family | 1,654 | B |
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| 570 Mentone Rd | Single Family | 729 | C |
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| 560 Mentone Rd | Single Family | 1,058 | C |
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| 580 Mentone Rd | Single Family | 1,251 | B |
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| 7450 Sunny Hills Ter | Single Family | 1,796 | B |
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| 7435 Sunny Hills Ter | Single Family | 1,522 | B |
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| 550 Mentone Rd | Single Family | 1,206 | C |
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| 7485 Thatcher Ave | Single Family | 1,463 | B |
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| 7434 Thatcher Ave | Single Family | 2,181 | B |
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| 540 Mentone Rd | Single Family | 715 | C |
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| 590 Mentone Rd | Single Family | 1,101 | C |
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| 7471 Thatcher Ave | Single Family | 1,398 | B |
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| 530 Mentone Rd | Single Family | 932 | C |
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| 7440 Sunny Hills Ter | Single Family | 1,218 | B |
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| 7512 Washington Ave | Multi-family - less than 10 units | 2,870 | B |
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| 7457 Thatcher Ave | Single Family | 1,449 | B |
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| 7425 Sunny Hills Ter | Single Family | 1,772 | B |
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| 1101 Mentone Rd | County Owned | 1,600 | B |
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| 520 Mentone Rd | Single Family | 859 | C |
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| 7420 Thatcher Ave | Single Family | 1,959 | B |
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| 571 Seagrape Rd | Single Family | 779 | C |
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| 561 Seagrape Rd | Single Family | 1,234 | C |
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| 581 Seagrape Rd | Single Family | 714 | C |
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| 551 Seagrape Rd | Single Family | 962 | C |
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| 7443 Thatcher Ave | Single Family | 1,503 | B |
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| 7430 Sunny Hills Ter | Single Family | 1,374 | B |
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| 7500 San Castle Blvd | Single Family | 1,906 | B |
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| 541 Seagrape Rd | Single Family | 1,290 | B |
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| 7486 San Castle Blvd | Single Family | 1,835 | B |
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| 591 Seagrape Rd | Single Family | 1,318 | C |
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| 7532 Washington Ave | Multi-family - less than 10 units | 1,867 | B |
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| 1100 Mentone Rd | Single Family | 3,312 | B |
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| 531 Seagrape Rd | Single Family | 834 | C |
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| 7472 San Castle Blvd | Single Family | 1,419 | B |
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| 510 Mentone Rd | Single Family | 932 | C |
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| 7415 Sunny Hills Ter | Single Family | 1,932 | B |
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| 7406 Thatcher Ave | Single Family | 1,454 | B |
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Local Household Income
The median household income in this part of Florida is $67,505. The bottom 10% of the population earn less than $21,763 per year. The top 10% earn more than $196,896 per year. The top 1% earn more than $687,450 per year. Most renters earn between $37,044 (20th percentile) and $63,912 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $135,010 and $168,763.
The tax assessed value of this property places it in percentile 21 of all properties in this area. This suggests it would appeal to someone earning around $33,911 per year who should qualify for a mortgage between $67,822 and $84,778.
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 $1,237. Most renters earn between $3,087 and $5,326 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $977 (20th percentile) to $1,647 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 21 of all properties in this area. This corresponds to a rent of $983 per month and a monthly household income of $3,110 ($37,320 per year)
Nearby Companies
11717 Thatcher Ave
11717 Thatcher Ave
11717 Thatcher Ave
9961 Interstate Commerce Dr
11892 Thatcher Ave
11892 Thatcher Ave
11868 Thatcher Ave
11835 Thatcher Ave
7448 Thatcher Ave
7512 Washington Ave
1221 Mentone Rd
1221 Mentone Rd
1221 Mentone Rd