602 Nw 38th Cir, 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 | |
---|---|---|---|---|
600 Nw 38th Cir | Single Family | 2,288 | B | |
604 Nw 38th Cir | Single Family | 2,636 | B | |
606 Nw 38th Cir | Single Family | 2,288 | B | |
608 Nw 38th Cir | Single Family | 2,288 | B | |
605 Nw 38th Cir | Single Family | 2,288 | B | |
607 Nw 38th Cir | Single Family | 2,636 | B | |
610 Nw 38th Cir | Single Family | 2,636 | B | |
669 Nw 38th Cir | Single Family | 2,288 | B | |
671 Nw 38th Cir | Single Family | 2,636 | B | |
609 Nw 38th Cir | Single Family | 2,636 | B | |
673 Nw 38th Cir | Single Family | 2,636 | B | |
667 Nw 38th Cir | Single Family | 2,288 | B | |
612 Nw 38th Cir | Single Family | 2,561 | B | |
675 Nw 38th Cir | Single Family | 2,288 | B | |
611 Nw 38th Cir | Single Family | 2,636 | B | |
665 Nw 38th Cir | Single Family | 2,636 | B | |
614 Nw 38th Cir | Single Family | 2,636 | B | |
613 Nw 38th Cir | Single Family | 2,636 | B | |
663 Nw 38th Cir | Single Family | 2,636 | B | |
644 Nw 38th Cir | Single Family | 2,288 | B | |
661 Nw 38th Cir | Single Family | 2,288 | B | |
615 Nw 38th Cir | Single Family | 2,288 | B | |
616 Nw 38th Cir | Single Family | 2,288 | B | |
3847 Nw 5th Ter | Single Family | 2,288 | B | |
642 Nw 38th Cir | Single Family | 2,636 | B | |
3837 Nw 5th Ter | Single Family | 2,288 | B | |
640 Nw 38th Cir | Single Family | 2,561 | B | |
3857 Nw 5th Ter | Single Family | 2,288 | B | |
659 Nw 38th Cir | Single Family | 2,288 | B | |
3845 Nw 5th Ter | Single Family | 2,636 | B | |
3835 Nw 5th Ter | Single Family | 2,636 | B | |
638 Nw 38th Cir | Single Family | 2,636 | B | |
655 Nw 38th Cir | Single Family | 2,636 | B | |
3855 Nw 5th Ter | Single Family | 2,636 | B | |
3827 Nw 5th Ter | Single Family | 2,288 | B | |
653 Nw 38th Cir | Single Family | 2,561 | B | |
636 Nw 38th Cir | Single Family | 2,288 | B | |
3843 Nw 5th Ter | Single Family | 2,636 | B | |
3833 Nw 5th Ter | Single Family | 2,636 | B | |
651 Nw 38th Cir | Single Family | 2,636 | B | |
3825 Nw 5th Ter | Single Family | 2,636 | B | |
3853 Nw 5th Ter | Single Family | 2,636 | B | |
620 Nw 38th Cir | Single Family | 2,288 | B | |
561 Nw 39th Cir | Single Family | 2,288 | B | |
622 Nw 38th Cir | Single Family | 2,636 | B | |
649 Nw 38th Cir | Single Family | 2,288 | B | |
3841 Nw 5th Ter | Single Family | 2,288 | B | |
3831 Nw 5th Ter | Single Family | 2,288 | B | |
624 Nw 38th Cir | Single Family | 2,636 | B |
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.
The tax assessed value of this property places it in percentile 28 of all properties in this area. This suggests it would appeal to someone earning around $54,728 per year who should qualify for a mortgage between $109,456 and $136,820.
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%.
This property falls in percentile 28 of all properties in this area. This corresponds to a rent of $1,130 per month and a monthly household income of $3,691 ($44,292 per year)
Nearby Companies
3815 Nw 5th Ter
3822 Nw 5 Terrace
3846 Nw 5th Terrace #95
502 Nw 39th Cir
505 Nw 39th Cir
659 Nw 38th Cir
659 Nw 38th Cir
661 Nw 38th Cir
611 Nw 38th Cir
600 Nw 38th Cir
600 Nw 38th Cir
602 Nw 38th Cir
602 Nw 38th Cir
602 Nw 38th Cir
602 Nw 38th Cir
602 Nw 38th Cir
602 Nw 38th Cir
602 Nw 38th Cir
602 Nw 38th Cir
557 Nw 39th Cir
557 Nw 39th Cir
3831 Nw 5th Ter
642 Nw 38th Cir
642 Nw 38th Cir