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 
3879 Tuskegee Dr Single Family 1,044 C
3899 Tuskegee Dr Single Family 877 C
3920 Chipewyan Dr Single Family 1,143 C
3912 Chipewyan Dr Single Family 1,514 C
3907 Tuskegee Dr Single Family 978 C
3875 Tuskegee Dr Single Family 950 C
3930 Chipewyan Dr Single Family 885 C
564 Chipewyan Dr Single Family 1,402 C
3890 Tuskegee Dr Vacant Residential 1,092 L
3938 Chipewyan Dr Single Family 1,209 C
468 Shawnee Ln Single Family 978 C
3925 Tuskegee Dr Single Family 1,512 C
555 Tuskegee Dr Single Family 1,083 C
3900 Tuskegee Dr Single Family 1,224 C
560 Chipewyan Dr Single Family 1,050 C
3931 Tuskegee Dr Single Family 1,878 B
471 Owosso Rd Single Family 1,050 C
464 Shawnee Ln Single Family 1,047 B
3948 Chipewyan Dr Single Family 1,050 C
3910 Tuskegee Dr Single Family 1,957 C
3863 Pensacola Dr Single Family 1,351 C
579 Chipewyan Dr Single Family 729 C
575 Chipewyan Dr Single Family 1,033 C
571 Chipewyan Dr Single Family 1,383 C
3873 Pensacola Dr Single Family 861 C
3941 Tuskegee Dr Single Family 925 C
467 Owosso Rd Single Family 929 C
3920 Tuskegee Dr Single Family 990 C
583 Chipewyan Dr Single Family 1,348 C
3883 Pensacola Dr Single Family 1,439 C
3950 Chipewyan Dr Single Family 796 C
567 Owosso Rd Single Family 1,519 C
407 Tuskegee Dr Single Family 1,324 C
3895 Pensacola Dr Single Family 1,074 C
408 Chipewyan Dr Single Family 1,164 C
3949 Tuskegee Dr Single Family 1,381 C
3934 Tuskegee Dr Single Family 1,556 C
463 Owosso Rd Single Family 1,442 C
580 Owosso Rd Single Family 1,310 C
408 Tuskegee Dr Single Family 1,241 C
584 Owosso Rd Single Family 1,123 C
456 Shawnee Ln Single Family 978 C
3907 Pensacola Dr Single Family 978 C
587 Chipewyan Dr Single Family 1,017 C
3960 Chipewyan Dr Single Family 1,657 C
588 Owosso Rd Single Family 1,050 C
3946 Tuskegee Dr Single Family 1,453 C
411 Tuskegee Dr Single Family 954 C
3961 Tuskegee Dr Single Family 794 C

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 17 of all properties in this area. This suggests it would appeal to someone earning around $23,201 per year who should qualify for a mortgage between $46,402 and $58,003.

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 17 of all properties in this area. This corresponds to a rent of $759 per month and a monthly household income of $1,944 ($23,328 per year)

Nearby Companies

Dentin Solutions Inc
452 Shawnee Ln
Santos'S Lawn Service Inc
564 Chipewyan Dr
Disclaimers and Disclosures

Public Records Data

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