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 
3549 Taconic Dr Single Family 1,463 B
3525 Taconic Dr Single Family 1,750 B
3538 Mountain Side Cir Single Family 1,708 B
3550 Mountain Side Cir Single Family 1,785 B
3526 Mountain Side Cir Single Family 2,021 B
3559 Taconic Dr Single Family 1,618 B
3515 Taconic Dr Single Family 1,785 B
3542 Taconic Dr Single Family 2,147 B
3530 Taconic Dr Single Family 1,732 B
1174 E Mountain Dr Single Family 1,718 B
3516 Mountain Side Cir Single Family 1,558 B
1210 E Mountain Dr Single Family 2,268 B
3516 Taconic Dr Single Family 2,245 B
3517 Mountain Side Cir Single Family 2,047 B
1222 E Mountain Dr Single Family 2,043 B
1140 E Mountain Dr Single Family 2,181 B
3535 Valley Way Single Family 2,270 B
3535 Mountain Side Cir Single Family 2,438 B
3525 Mountain Side Cir Single Family 2,184 B
3545 Valley Way Single Family 2,882 B
1197 E Mountain Dr Single Family 1,688 B
1183 E Mountain Dr Single Family 1,492 B
3523 Valley Way Single Family 1,807 B
1194 Davis Rd Single Family 1,387 B
1163 E Mountain Dr Single Family 1,708 B
1176 Davis Rd Single Family 1,466 B
1135 Davis Rd Single Family 1,769 B
1215 E Mountain Dr Single Family 2,041 B
1234 E Mountain Dr Single Family 1,935 B
1130 E Mountain Dr Single Family 2,438 B
1162 Davis Rd Single Family 1,723 B
1149 E Mountain Dr Single Family 1,857 B
3482 Taconic Dr Single Family 1,403 B
1221 E Mountain Dr Single Family 1,740 B
1198 W Mountain Dr Single Family 1,776 B
1148 Davis Rd Single Family 1,025 B
1182 W Mountain Dr Single Family 1,646 B
3530 Collin Dr Single Family 1,782 B
1135 E Mountain Dr Single Family 2,092 B
3542 Collin Dr Single Family 2,239 B
3465 Taconic Dr Single Family 1,183 B
1164 W Mountain Dr Single Family 1,720 B
3516 Collin Dr Single Family 1,807 B
3481 Tyringham Dr Single Family 1,398 B
3612 Taconic Dr Single Family 2,105 B
1233 E Mountain Dr Single Family 1,852 B
3565 N Mountain Dr Single Family 1,942 B
3512 Valley Way Single Family 1,899 B
1134 Davis Rd Single Family 1,577 B

Local Household Income

The median household income in this part of Florida is $45,914. The bottom 10% of the population earn less than $15,196 per year. The top 10% earn more than $110,931 per year. The top 1% earn more than $275,274 per year. Most renters earn between $27,132 (20th percentile) and $44,184 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $91,828 and $114,785.

The tax assessed value of this property places it in percentile 84 of all properties in this area. This suggests it would appeal to someone earning around $92,239 per year who should qualify for a mortgage between $184,478 and $230,598.

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 $1,048. Most renters earn between $2,261 and $3,682 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $816 (20th percentile) to $1,318 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 84 of all properties in this area. This corresponds to a rent of $1,399 per month and a monthly household income of $3,857 ($46,284 per year)

Nearby Companies

Palm Beach Painting Inc.
1149 Mocken Dr
Brothers Pressure Cleaning LLC
3481 Tyringham Dr
J&R Dry Ice Blaster LLC
3617 Valley Way
Jr Peterbilt,Inc.
3617 Valley Way
Jimenez Distributing, LLC.
3576 Valley Way
Triana Trucking Inc
1233 E Mountain Dr
Gsm Transport Inc
3530 Taconic Dr
Ahrens Heritage, LLC
1140 E Mountain Dr
Disclaimers and Disclosures

Public Records Data

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