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 
3306 Lakeville Cir Single Family 1,947 B
3336 Lakeville Cir Single Family 1,424 B
3352 Lakeville Cir Single Family 1,462 B
3292 Lakeville Cir Single Family 1,379 B
3313 Lakeville Cir Single Family 1,533 B
3329 Lakeville Cir Single Family 1,451 B
3343 Lakeville Cir Single Family 1,631 B
1457 Rose Cir Single Family 1,558 B
3366 Lakeville Cir Single Family 1,468 B
3359 Lakeville Cir Single Family 1,069 B
3282 Lakeville Cir Single Family 1,968 B
1439 Rose Cir Single Family 1,323 B
3380 Lakeville Cir Single Family 1,736 B
1466 Rose Cir Single Family 1,590 B
1386 Victoria Dr Single Family 2,565 B
1425 Rose Cir Single Family 1,585 B
1376 Victoria Dr Single Family 2,688 B
1396 Victoria Dr Single Family 1,805 B
3262 Melaleuca Rd Single Family 2,089 B
1406 Victoria Dr Single Family 1,465 B
1366 Victoria Dr Single Family 2,544 B
3402 Lakeville Cir Single Family 1,701 B
1411 Rose Cir Single Family 1,988 B
1422 Rose Cir Single Family 1,399 B
1356 Victoria Dr Single Family 1,693 B
1424 Victoria Dr Single Family 1,526 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 76 of all properties in this area. This suggests it would appeal to someone earning around $76,573 per year who should qualify for a mortgage between $153,146 and $191,433.

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 76 of all properties in this area. This corresponds to a rent of $1,235 per month and a monthly household income of $3,392 ($40,704 per year)

Nearby Companies

M.J.R. Services, Inc.
3343 Lakeville Cir
Twin Furniture Delivery Corp
3379 Lakeville Cir
Jcc Trucking,Inc
1396 Victoria Dr
Ark Bible College, Inc
3218 Melaleuca Rd
Roldan Solution Corp
1457 Rose Cir
Disclaimers and Disclosures

Public Records Data

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