Palm Beach County Real Estate - Delray Beach

Delray Beach is in South East Florida. It's population as recorded in the 2010 Census was 60,522.

The median age for residents of Delray Beach is 46. Around 19.8% of Delray Beach households include school aged children and 37.9% of households include individuals aged 65 years or over. Census records indicate 65.7% of the Delray Beach population are White, 28% are Black or African American, .2% American Indian, 1.8% Asian and 1.7% are Two or more Races.

There are 34,156 housing units in Delray Beach. 6,963 (20.3%) of these were reported as vacant in the 2010 Census. Delray Beach is a tourist destination, 54.9% (3,827) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 10,259 residential rental units in Delray Beach. 9,004 of them were occupied in 2010 providing a residential rental vacancy rate of 11.7%.

Delray Beach links:

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

AddressTypeSq FtClass 
412 Nw 72nd St Single Family 2,193 B
430 Nw 72nd St Single Family 2,396 B
408 Nw 72nd St Single Family 2,240 B
440 Nw 72nd St Single Family 2,319 B
421 Nw 72nd St Single Family 2,034 B
431 Nw 72nd St Single Family 1,987 B
413 Nw 72nd St Single Family 2,247 B
7175 Nw 4th Ave Single Family 2,014 B
441 Nw 72nd St Single Family 2,111 B
411 Nw 72nd St Single Family 1,905 B
450 Nw 72nd St Single Family 2,510 B
404 Nw 72nd St Single Family 2,097 B
7165 Nw 4th Ave Single Family 2,219 B
7185 Nw 4th Ave Single Family 2,300 B
451 Nw 72nd St Single Family 2,151 B
409 Nw 72nd St Single Family 2,194 B
7155 Nw 4th Ave Single Family 2,106 B
402 Nw 72nd St Single Family 2,063 B
460 Nw 72nd St Single Family 2,397 B
461 Nw 72nd St Single Family 2,071 B
407 Nw 72nd St Single Family 2,244 B
7135 Nw 4th Ave Single Family 2,357 B
435 S Country Club Blvd Single Family 2,338 B
421 S Country Club Blvd Single Family 2,686 B
470 Nw 72nd St Single Family 2,317 B
401 S Country Club Blvd Single Family 2,524 B
7140 Nw 4th Ave Single Family 2,365 B
400 Nw 72nd St Single Family 1,896 B
7150 Nw 4th Ave Single Family 2,142 B
471 Nw 72nd St Single Family 2,022 B
391 S Country Club Blvd Single Family 2,232 B
405 Nw 72nd St Single Family 2,121 B
7130 Nw 4th Ave Single Family 2,124 B
7115 Nw 4th Ave Single Family 2,377 B
7160 Nw 4th Ave Single Family 2,011 B
381 S Country Club Blvd Single Family 2,024 B
480 Nw 72nd St Single Family 2,286 B
7120 Nw 4th Ave Single Family 2,112 B
7320 W Country Club Blvd Single Family 2,542 B
481 Nw 72nd St Single Family 2,097 B
7180 Nw 4th Ave Single Family 2,017 B
400 Rosewood Cir Single Family 3,748 A

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 46 of all properties in this area. This suggests it would appeal to someone earning around $87,253 per year who should qualify for a mortgage between $174,506 and $218,133.

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 46 of all properties in this area. This corresponds to a rent of $1,373 per month and a monthly household income of $4,311 ($51,732 per year)

Nearby Companies

Swim Boca, LLC
7175 Nw 4th Ave
Eia Holdings LLC
430 Nw 72nd St
Sea & Air Transport Inc
461 Nw 72nd St
Jp Elite Transport LLC
401 S Country Club Blvd
Boris Vasserman Pt, P.A.
7319 West Country Club Blvd
Nv Billing Services, Inc.
7319 West Country Club Blvd
Bi-Square, Inc.
435 S Country Club Blvd
Disclaimers and Disclosures

Public Records Data

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