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 
4710 Mulberry Rd Multi-family - less than 10 units 1,904 B
4660 Mulberry Rd Multi-family - less than 10 units 1,927 B
903 Mulberry Rd Single Family 1,004 B
831 Mulberry Rd Single Family 809 B
4691 Gulfstream Rd Multi-family - less than 10 units 3,808 B
905 Mulberry Rd Single Family 1,243 B
829 Mulberry Rd Single Family 1,105 B
4661 Gulfstream Rd Multi-family - less than 10 units 3,808 B
4711 Gulfstream Rd Multi-family - less than 10 units 3,808 B
921 Mulberry Rd Single Family 570 C
825 Mulberry Rd Single Family 1,234 B
4640 Mulberry Rd Multi-family - less than 10 units 1,927 B
3767 Melaleuca Ln Multi-family - less than 10 units 4,684 B
4734 Gulfstream Rd Condominium 858 B
4738 Gulfstream Rd Condominium 858 B
4736 Gulfstream Rd Condominium 858 B
4740 Gulfstream Rd Condominium 858 B
4742 Gulfstream Rd Condominium 858 B
4744 Gulfstream Rd Condominium 858 B
4684 Mathis St Single Family 1,250 B
910 Mathis St Single Family 2,204 B
4641 Gulfstream Rd Multi-family - less than 10 units 3,920 B
4733 Mulberry Rd Multi-family - less than 10 units 3,696 B
821 Mulberry Rd Vacant Residential 0 L
4656 Mathis St Single Family 2,514 B
920 Mathis St Single Family 1,744 B
4636 Mathis St Multi-family - less than 10 units 1,765 B
3845 Melaleuca Ln Single Family 1,214 B
4611 Gulfstream Rd Single Family 2,751 B
810 Mathis St Single Family 1,170 B
4611 Mulberry Rd Multi-family - less than 10 units 2,788 B
3832 Melaleuca Ln Single Family 1,033 B
4680 Gulfstream Rd Multi-family - less than 10 units 5,544 B
4685 Mathis St Single Family 919 B
4658 Gulfstream Rd Multi-family - less than 10 units 5,544 B
913 Mathis St Single Family 952 B
4708 Gulfstream Rd Multi-family - less than 10 units 7,782 B
4667 Mathis St Single Family 1,422 B
4703 Mathis St Single Family 1,022 B
804 Mathis St Single Family 1,096 B
3844 Melaleuca Ln Single Family 1,836 B
4657 Mathis St Single Family 1,422 B
917 Mathis St Single Family 1,075 B

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.

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%.

Nearby Companies

Woofin' Style LLC
3845 Melaleuca Ln
United Foundation Group, LLC
3832 Melaleuca Ln
Craftart, L.L.C.
4609 Mulberry St
Ortiz Lawn Maintenance Service, Inc.
1011 South Mulberry St
Gfl Professional Painting LLC
4712 Gulfstream Rd
Gabriel Mico, Inc.
4667 Mathis St
Disclaimers and Disclosures

Public Records Data

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