6521 Spring Meadow Dr, Greenacres
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 | |
|---|---|---|---|---|
| 6519 Spring Meadow Dr | Single Family | 2,670 | B |
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| 6523 Spring Meadow Dr | Single Family | 1,937 | B |
|
| 6517 Spring Meadow Dr | Single Family | 2,092 | B |
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| 6515 Spring Meadow Dr | Single Family | 1,937 | B |
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| 6703 Stonecreek St | Single Family | 2,293 | B |
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| 6701 Stonecreek St | Single Family | 2,092 | B |
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| 861 Annette Ct | Single Family | 3,010 | B |
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| 6705 Stonecreek St | Single Family | 2,670 | B |
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| 6520 Spring Meadow Dr | Single Family | 2,146 | B |
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| 6522 Spring Meadow Dr | Single Family | 1,937 | B |
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| 6513 Spring Meadow Dr | Single Family | 2,712 | B |
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| 6707 Stonecreek St | Single Family | 1,733 | B |
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| 6518 Spring Meadow Dr | Single Family | 2,133 | B |
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| 6524 Spring Meadow Dr | Single Family | 2,734 | B |
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| 6516 Spring Meadow Dr | Single Family | 2,092 | B |
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| 6526 Spring Meadow Dr | Single Family | 2,365 | B |
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| 6709 Stonecreek St | Single Family | 2,293 | B |
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| 845 Annette Ct | Single Family | 2,330 | B |
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| 6511 Spring Meadow Dr | Single Family | 2,092 | B |
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| 6514 Spring Meadow Dr | Single Family | 2,365 | B |
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| 6528 Spring Meadow Dr | Single Family | 1,688 | B |
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| 6711 Stonecreek St | Single Family | 1,937 | B |
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| 6531 Spring Meadow Dr | Single Family | 2,293 | B |
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| 6512 Spring Meadow Dr | Single Family | 2,760 | B |
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| 6509 Spring Meadow Dr | Single Family | 2,365 | B |
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| 6713 Stonecreek St | Single Family | 1,688 | B |
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| 829 Annette Ct | Single Family | 1,092 | B |
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| 6533 Spring Meadow Dr | Single Family | 2,133 | B |
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| 6602 Windmill Way | Single Family | 2,293 | B |
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| 6507 Spring Meadow Dr | Single Family | 2,670 | B |
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| 6530 Spring Meadow Dr | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 6715 Stonecreek St | Single Family | 1,733 | B |
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| 6604 Windmill Way | Single Family | 2,718 | B |
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| 6505 Spring Meadow Dr | Single Family | 2,293 | B |
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| 6565 Dillman Rd | Single Family | 2,022 | B |
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| 6535 Spring Meadow Dr | Single Family | 2,718 | B |
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| 6717 Stonecreek St | Single Family | 2,146 | B |
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| 6400 Suntree Ct | Single Family | 2,670 | B |
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| 6513 Dillman Rd | Church | 4,182 | B |
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| 6606 Windmill Way | Single Family | 2,670 | B |
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| 6402 Suntree Ct | Single Family | 2,293 | B |
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| 6503 Spring Meadow Dr | Single Family | 2,670 | B |
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| 6601 Windmill Way | Single Family | 2,766 | 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 92 of all properties in this area. This suggests it would appeal to someone earning around $120,905 per year who should qualify for a mortgage between $241,810 and $302,263.
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 92 of all properties in this area. This corresponds to a rent of $1,622 per month and a monthly household income of $4,402 ($52,824 per year)
Nearby Companies
6513 Spring Meadow Dr
6521 Spring Meadow Dr
6521 Spring Meadow Dr
6602 Windmill Way
6606 Windmill Way
6604 Windmill Way
829 Annette Ct
6513 Dillman Rd