3970 Pensacola Dr, Lake Worth
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%.
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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 | |
---|---|---|---|---|
3956 Pensacola Dr | Single Family | 1,488 | C | |
6322 Lawrence Rd | Single Family | 1,100 | C | |
3969 Nowata Rd | Single Family | 858 | C | |
3957 Nowata Rd | Single Family | 1,050 | C | |
3985 Nowata Rd | Single Family | 1,086 | C | |
3946 Pensacola Dr | Single Family | 1,060 | C | |
3971 Pensacola Dr | Single Family | 1,225 | C | |
3945 Nowata Rd | Single Family | 1,281 | C | |
3959 Pensacola Dr | Single Family | 1,512 | B | |
3985 Pensacola Dr | Single Family | 1,302 | C | |
3947 Pensacola Dr | Single Family | 1,102 | C | |
3932 Pensacola Dr | Single Family | 1,543 | C | |
3931 Nowata Rd | Single Family | 1,181 | C | |
3933 Pensacola Dr | Single Family | 1,084 | C | |
3970 Nowata Rd | Single Family | 1,050 | C | |
3970 Tuskegee Dr | Single Family | 1,507 | C | |
3956 Nowata Rd | Single Family | 1,189 | C | |
3958 Tuskegee Dr | Single Family | 1,322 | C | |
3984 Tuskegee Dr | Single Family | 1,050 | C | |
3986 Nowata Rd | Single Family | 1,146 | C | |
3919 Nowata Rd | Single Family | 1,050 | C | |
3920 Pensacola Dr | Single Family | 1,275 | C | |
3944 Nowata Rd | Single Family | 978 | C | |
3946 Tuskegee Dr | Single Family | 1,453 | C | |
3919 Pensacola Dr | Single Family | 792 | C | |
3932 Nowata Rd | Single Family | 956 | C | |
3907 Nowata Rd | Single Family | 985 | C | |
3934 Tuskegee Dr | Single Family | 1,556 | C | |
3908 Pensacola Dr | Single Family | 1,305 | C | |
3969 Ocala Rd | Single Family | 894 | C | |
3957 Ocala Rd | Single Family | 1,196 | C | |
6390 Lawrence Rd | Single Family | 1,231 | C | |
3918 Nowata Rd | Single Family | 1,359 | C | |
3907 Pensacola Dr | Single Family | 978 | C | |
3945 Ocala Rd | Single Family | 1,166 | C | |
3895 Nowata Rd | Single Family | 1,969 | C | |
3931 Ocala Rd | Single Family | 1,498 | C | |
3920 Tuskegee Dr | Single Family | 990 | C | |
3906 Pensacola Dr | Single Family | 902 | C | |
3906 Nowata Rd | Single Family | 962 | C | |
3961 Tuskegee Dr | Single Family | 794 | C | |
3949 Tuskegee Dr | Single Family | 1,381 | C | |
3985 Tuskegee Dr | Single Family | 1,181 | C | |
3895 Pensacola Dr | Single Family | 1,074 | C | |
3941 Tuskegee Dr | Single Family | 925 | C | |
3919 Ocala Rd | Single Family | 1,542 | C | |
3883 Nowata Rd | Single Family | 929 | C | |
3931 Tuskegee Dr | Single Family | 1,878 | B | |
3892 Nowata Rd | Single Family | 1,136 | 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 15 of all properties in this area. This suggests it would appeal to someone earning around $21,092 per year who should qualify for a mortgage between $42,184 and $52,730.
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 15 of all properties in this area. This corresponds to a rent of $745 per month and a monthly household income of $1,866 ($22,392 per year)
Nearby Companies
3908 Pensacola Dr
3932 Pensacola Dr
169 Huber Dr
3959 Pensacola Dr
3959 Pensacola Dr
3941 Tuskegee Dr
3966 Ocala Rd