422 Ne 31st St, 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 | |
|---|---|---|---|---|
| 432 Ne 31st St | Single Family | 1,624 | B |
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| 400 Ne 31st St | Single Family | 1,369 | B |
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| 421 Ne 30th St | Single Family | 1,352 | B |
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| 437 Ne 30th St | Single Family | 1,864 | B |
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| 405 Ne 30th St | Single Family | 1,784 | B |
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| 450 Ne 31st St | Single Family | 1,661 | B |
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| 417 Ne 31st St | Single Family | 1,816 | B |
|
| 433 Ne 31st St | Single Family | 1,738 | B |
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| 399 Ne 31st St | Single Family | 1,499 | B |
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| 453 Ne 30th St | Single Family | 1,936 | B |
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| 389 Ne 30th St | Single Family | 1,359 | B |
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| 449 Ne 31st St | Single Family | 1,742 | B |
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| 383 Ne 31st St | Single Family | 1,652 | B |
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| 466 Ne 31st St | Single Family | 1,772 | B |
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| 366 Ne 31st St | Single Family | 1,672 | B |
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| 469 Ne 30th St | Single Family | 2,503 | B |
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| 373 Ne 30th St | Single Family | 1,757 | B |
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| 420 Ne 30th St | Single Family | 1,701 | B |
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| 400 Ne 32nd St | Single Family | 1,843 | B |
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| 420 Ne 32nd St | Single Family | 1,924 | B |
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| 404 Ne 30th St | Single Family | 1,290 | B |
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| 436 Ne 30th St | Single Family | 1,516 | B |
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| 467 Ne 31st St | Single Family | 1,920 | B |
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| 367 Ne 31st St | Single Family | 1,851 | B |
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| 382 Ne 32nd St | Single Family | 1,813 | B |
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| 450 Ne 32nd St | Single Family | 1,831 | B |
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| 390 Ne 30th St | Single Family | 1,615 | B |
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| 452 Ne 30th St | Single Family | 1,641 | B |
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| 482 Ne 31st St | Single Family | 1,766 | B |
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| 350 Ne 31st St | Single Family | 1,782 | B |
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| 485 Ne 30th St | Single Family | 2,290 | B |
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| 357 Ne 30th St | Single Family | 1,743 | B |
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| 370 Ne 32nd St | Single Family | 2,003 | B |
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| 466 Ne 32nd St | Single Family | 2,126 | B |
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| 483 Ne 31st St | Single Family | 2,168 | B |
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| 349 Ne 31st St | Single Family | 1,858 | B |
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| 374 Ne 30th St | Single Family | 1,798 | B |
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| 468 Ne 30th St | Single Family | 1,928 | B |
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| 425 Ne 29th St | Single Family | 1,522 | B |
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| 411 Ne 29th St | Single Family | 1,305 | B |
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| 441 Ne 29th St | Single Family | 1,565 | B |
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| 350 Ne 32nd St | Single Family | 2,058 | B |
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| 332 Ne 31st St | Single Family | 1,998 | B |
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| 498 Ne 31st St | Single Family | 2,102 | B |
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| 395 Ne 29th St | Single Family | 1,430 | B |
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| 455 Ne 29th St | Single Family | 1,575 | B |
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| 343 Ne 30th St | Single Family | 1,911 | B |
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| 482 Ne 32nd St | Single Family | 2,251 | 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.
The tax assessed value of this property places it in percentile 24 of all properties in this area. This suggests it would appeal to someone earning around $49,520 per year who should qualify for a mortgage between $99,040 and $123,800.
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 24 of all properties in this area. This corresponds to a rent of $1,081 per month and a monthly household income of $3,511 ($42,132 per year)
Nearby Companies
461 Ne 32nd St
3201 Ne 5th Ave
466 Ne 32 Street
468 Ne 30th St
389 Ne 30th St
3098 Ne 5th Ave