3942 Victoria Dr, 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 | |
|---|---|---|---|---|
| 3948 Victoria Dr | Single Family | 1,371 | B |
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| 3944 Victoria Dr | Single Family | 1,371 | B |
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| 3946 Victoria Dr | Single Family | 1,367 | B |
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| 3938 Victoria Dr | Single Family | 1,367 | B |
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| 3950 Victoria Dr | Single Family | 1,367 | B |
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| 3936 Victoria Dr | Single Family | 1,371 | B |
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| 3940 Victoria Dr | Single Family | 1,371 | B |
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| 3902 Victoria Dr | Single Family | 1,371 | B |
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| 3952 Victoria Dr | Single Family | 1,371 | B |
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| 3934 Victoria Dr | Single Family | 1,367 | B |
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| 3900 Victoria Dr | Single Family | 1,367 | B |
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| 3954 Victoria Dr | Single Family | 1,367 | B |
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| 3892 Victoria Dr | Single Family | 1,367 | B |
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| 3904 Victoria Dr | Single Family | 1,367 | B |
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| 3894 Victoria Dr | Single Family | 1,371 | B |
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| 3906 Victoria Dr | Single Family | 1,371 | B |
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| 3926 Victoria Dr | Single Family | 1,371 | B |
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| 3787 Collinwood Ln | Single Family | 1,853 | B |
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| 3898 Victoria Dr | Single Family | 1,371 | B |
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| 3928 Victoria Dr | Single Family | 1,367 | B |
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| 3896 Victoria Dr | Single Family | 1,367 | B |
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| 3924 Victoria Dr | Single Family | 1,367 | B |
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| 3791 Collinwood Ln | Single Family | 1,593 | B |
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| 3775 Collinwood Ln | Single Family | 1,353 | B |
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| 3784 Collinwood Ln | Single Family | 1,401 | B |
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| 3930 Victoria Dr | Single Family | 1,371 | B |
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| 3910 Victoria Dr | Single Family | 1,371 | B |
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| 3795 Collinwood Ln | Single Family | 1,593 | B |
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| 3769 Collinwood Ln | Single Family | 1,593 | B |
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| 3788 Collinwood Ln | Single Family | 1,641 | B |
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| 3908 Victoria Dr | Single Family | 1,367 | B |
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| 3918 Victoria Dr | Single Family | 1,371 | B |
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| 3799 Collinwood Ln | Single Family | 1,853 | B |
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| 3792 Collinwood Ln | Single Family | 1,901 | B |
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| 3912 Victoria Dr | Single Family | 1,367 | B |
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| 3763 Collinwood Ln | Single Family | 1,849 | B |
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| 3914 Victoria Dr | Single Family | 1,371 | B |
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| 3920 Victoria Dr | Single Family | 1,367 | B |
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| 3916 Victoria Dr | Single Family | 1,367 | B |
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| 3803 Collinwood Ln | Single Family | 1,353 | B |
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| 3796 Collinwood Ln | Single Family | 1,593 | B |
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| 3757 Collinwood Ln | Single Family | 1,593 | B |
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| 3922 Victoria Dr | Single Family | 1,371 | B |
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| 3886 Victoria Dr # | Single Family | 1,371 | B |
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| 3807 Collinwood Ln | Single Family | 1,401 | B |
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| 3884 Victoria Dr | Single Family | 1,367 | B |
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| 1134 Sunrise Rd | Single Family | 1,930 | B |
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| 3804 Collinwood Ln | Single Family | 1,401 | B |
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| 3888 Victoria Dr | Single Family | 1,367 | 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 27 of all properties in this area. This suggests it would appeal to someone earning around $28,474 per year who should qualify for a mortgage between $56,948 and $71,185.
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 27 of all properties in this area. This corresponds to a rent of $882 per month and a monthly household income of $2,439 ($29,268 per year)
Nearby Companies
3866 Victoria Dr
3928 Victoria Dr
3928 Victoria Dr
3896 Victoria Dr
3896 Victoria Dr
3896 Victoria Dr
3792 Collinwood Ln
3758 Blue Ridge Rd
3789 Blue Ridge Rd