70 S Dixie Hwy, Boca Raton
Palm Beach County Real Estate - Boca Raton
Boca Raton is in South East Florida. It's population as recorded in the 2010 Census was 84,392.
The median age for residents of Boca Raton is 45.4. Around 22.8% of Boca Raton households include school aged children and 33.8% of households include individuals aged 65 years or over. Census records indicate 88.4% of the Boca Raton population are White, 5.2% are Black or African American, .1% American Indian, 2.4% Asian and 1.6% are Two or more Races.
There are 44,539 housing units in Boca Raton. 7,761 (17.4%) of these were reported as vacant in the 2010 Census. Boca Raton is a tourist destination, 64% (4,973) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 12,218 residential rental units in Boca Raton. 10,963 of them were occupied in 2010 providing a residential rental vacancy rate of 9.7%.
Boca Raton 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 | |
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95 S Federal Hwy | Office building, non-professional service building, multi-story | 15,173 | A |
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51 S Federal Hwy | Mixed use - store and office or store and residential or residential combination | 10,291 | B |
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45 S Federal Hwy | Restaurant, cafeteria | 5,480 | B |
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10 E Palmetto Park Rd | Store, one story | 10,187 | A |
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197 S Federal Hwy | Office building, non-professional service building, multi-story | 11,254 | A |
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73 Sw 1st Ave | Professional service building | 2,121 | B |
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100 W Royal Palm Rd | Store, one story | 4,400 | B |
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39 Se 1st Ave | Store, one story | 31,810 | B |
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1 S Federal Hwy | Financial institution (bank, saving and loan company, mortgage company, credit services) | 3,592 | A |
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100 S Federal Hwy | Store, one story | 4,412 | B |
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35 Sw 1st Ave | Auto sales, auto repair and storage or auto service shop | 4,932 | B |
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Local Household Income
The median household income in this part of Florida is $95,812. The bottom 10% of the population earn less than $27,707 per year. The top 10% earn more than $356,660 per year. The top 1% earn more than $682,110 per year. Most renters earn between $39,432 (20th percentile) and $73,884 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $191,624 and $239,530.
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 $1,432. Most renters earn between $3,286 and $6,157 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $1,042 (20th percentile) to $2,015 (80th percentile) range. The residential vacancy rate is 5%.
Nearby Companies
74 South Federal Hwy
78 South Federal Hwy
94 South Federal Hwy
94 S Federal Hwy
94 S Federal Hwy
98 South Federal Hwy
98 South Federal Hwy
144 South Federal Hwy
124 South Federal Hwy
150 South Federal Hwy
39 Se 1st Ave
39 Se 1st Ave
74 Se 1st St
74 Se 1st St
48 East Royal Palm Rd
48 East Royal Palm Rd
48 East Royal Palm Rd
48 East Royal Palm Rd
48 East Royal Palm Rd
48 East Royal Palm Rd
48 East Royal Palm Rd
48 E Royal Palm Rd
48 E Royal Palm Rd
48 E Royal Palm Rd
48 E Royal Palm Rd
48 E Royal Palm Rd
48 E Royal Palm Rd
48 E Royal Palm Rd
71 S Federal Hwy
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64 S Federal Hwy
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68 South Federal Hwy
197 S Federal Hwy
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131 South Federal Hwy
148 South Federal Hwy
95 S Federal Hwy
95 South Federal Highway Suite 100
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95 South Federal Highway Suite 100
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95 South Federal Hwy
70 S Dixie Hwy
51 S Federal Hwy