1176 Davis Rd, West Palm Beach
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 | |
|---|---|---|---|---|
| 1162 Davis Rd | Single Family | 1,723 | B |
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| 1194 Davis Rd | Single Family | 1,387 | B |
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| 3465 Taconic Dr | Single Family | 1,183 | B |
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| 1163 Mocken Dr | Single Family | 2,140 | B |
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| 1148 Davis Rd | Single Family | 1,025 | B |
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| 1149 Mocken Dr | Single Family | 1,506 | B |
|
| 3516 Mountain Side Cir | Single Family | 1,558 | B |
|
| 3515 Taconic Dr | Single Family | 1,785 | B |
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| 3451 Taconic Dr | Single Family | 1,523 | B |
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| 1134 Davis Rd | Single Family | 1,577 | B |
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| 3526 Mountain Side Cir | Single Family | 2,021 | B |
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| 3436 Housatonic Dr | Single Family | 1,266 | B |
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| 3517 Mountain Side Cir | Single Family | 2,047 | B |
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| 1135 Mocken Dr | Single Family | 1,779 | B |
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| 3482 Taconic Dr | Single Family | 1,403 | B |
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| 3525 Taconic Dr | Single Family | 1,750 | B |
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| 3435 Taconic Dr | Single Family | 1,288 | B |
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| 3464 Taconic Dr | Single Family | 1,769 | B |
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| 1135 Davis Rd | Single Family | 1,769 | B |
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| 3482 Collin Dr | Single Family | 1,875 | B |
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| 3450 Taconic Dr | Single Family | 1,459 | B |
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| 3516 Taconic Dr | Single Family | 2,245 | B |
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| 3538 Mountain Side Cir | Single Family | 1,708 | B |
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| 3420 Housatonic Dr | Single Family | 1,973 | B |
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| 3462 Collin Dr | Single Family | 1,759 | B |
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| 1136 Mocken Dr | Single Family | 1,571 | B |
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| 3537 Taconic Dr | Single Family | 1,651 | B |
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| 3423 Taconic Dr | Single Family | 2,023 | B |
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| 3525 Mountain Side Cir | Single Family | 2,184 | B |
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| 3436 Taconic Dr | Single Family | 1,500 | B |
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| 3481 Tyringham Dr | Single Family | 1,398 | B |
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| 3516 Collin Dr | Single Family | 1,807 | B |
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| 3530 Taconic Dr | Single Family | 1,732 | B |
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| 3550 Mountain Side Cir | Single Family | 1,785 | B |
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| 3430 Collin Dr | Single Family | 1,523 | B |
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| 3406 Housatonic Dr | Single Family | 1,289 | B |
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| 3415 Housatonic Dr | Single Family | 1,247 | B |
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| 3535 Mountain Side Cir | Single Family | 2,438 | B |
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| 3449 Tyringham Dr | Single Family | 1,783 | B |
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| 3549 Taconic Dr | Single Family | 1,463 | B |
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| 3407 Taconic Dr | Single Family | 1,238 | B |
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| 3422 Taconic Dr | Single Family | 1,996 | B |
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| 3523 Valley Way | Single Family | 1,807 | B |
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| 3530 Collin Dr | Single Family | 1,782 | B |
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| 3435 Tyringham Dr | Single Family | 1,465 | B |
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| 3542 Taconic Dr | Single Family | 2,147 | B |
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| 3414 Collin Dr | Single Family | 1,183 | B |
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| 3535 Valley Way | Single Family | 2,270 | B |
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| 1174 E Mountain Dr | Single Family | 1,718 | B |
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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
1149 Mocken Dr
1149 Mocken Dr
1136 Mocken Dr
1037 Egremont Dr
1037 Egremont Dr
3481 Tyringham Dr
3408 Taconic Dr
1163 Mocken Dr
3530 Taconic Dr
1140 E Mountain Dr