3731 Mil Lake Cir, 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 | |
|---|---|---|---|---|
| 3729 Mil Lake Cir | Single Family | 1,110 | B |
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| 3733 Mil Lake Cir | Single Family | 2,052 | B |
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| 3725 Mil Lake Cir | Single Family | 2,052 | B |
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| 3711 Mil Lake Cir | Single Family | 942 | B |
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| 3737 Mil Lake Cir | Single Family | 1,110 | B |
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| 3691 Mil Lake Cir | Single Family | 942 | B |
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| 3689 Mil Lake Cir | Single Family | 1,110 | B |
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| 3709 Mil Lake Cir | Single Family | 1,110 | B |
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| 3721 Mil Lake Cir | Single Family | 2,052 | B |
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| 3713 Mil Lake Cir | Single Family | 2,052 | B |
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| 3687 Mil Lake Cir | Single Family | 942 | B |
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| 3693 Mil Lake Cir | Single Family | 2,052 | B |
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| 3739 Mil Lake Cir | Single Family | 942 | B |
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| 3685 Mil Lake Cir | Single Family | 1,110 | B |
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| 3707 Mil Lake Cir | Single Family | 942 | B |
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| 3741 Mil Lake Cir | Single Family | 1,110 | B |
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| 3743 Mil Lake Cir | Single Family | 942 | B |
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| 3745 Mil Lake Cir | Single Family | 1,110 | B |
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| 3736 Mil Lake Cir | Single Family | 1,110 | B |
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| 3705 Mil Lake Cir | Single Family | 1,110 | B |
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| 3738 Mil Lake Cir | Single Family | 942 | B |
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| 3717 Mil Lake Cir | Single Family | 2,052 | B |
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| 3747 Mil Lake Cir | Single Family | 942 | B |
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| 3697 Mil Lake Cir | Single Family | 1,110 | B |
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| 3740 Mil Lake Cir | Single Family | 1,110 | B |
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| 3742 Mil Lake Cir | Single Family | 942 | B |
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| 3730 Mil Lake Cir | Single Family | 2,052 | B |
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| 3681 Mil Lake Cir | Single Family | 2,052 | B |
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| Mil Lake Cir | Undefined - Reserved for Use by Department of Revenue | 221 | B |
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| 3744 Mil Lake Cir | Single Family | 1,110 | B |
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| 3699 Mil Lake Cir | Single Family | 942 | B |
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| 3728 Mil Lake Cir | Single Family | 1,110 | B |
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| 3701 Mil Lake Cir | Single Family | 2,052 | B |
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| 3746 Mil Lake Cir | Single Family | 942 | B |
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| 3698 Mil Lake Cir | Single Family | 942 | B |
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| 3734 Mil Lake Cir | Single Family | 2,052 | B |
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| 3726 Mil Lake Cir | Single Family | 942 | B |
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| 3677 Mil Lake Cir | Single Family | 2,052 | B |
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| 3700 Mil Lake Cir | Single Family | 1,110 | B |
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| 3748 Mil Lake Cir | Single Family | 1,110 | B |
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| 3696 Mil Lake Cir | Single Family | 1,110 | B |
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| 3724 Mil Lake Cir | Single Family | 1,110 | B |
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| 3694 Mil Lake Cir | Single Family | 942 | B |
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| 3751 Mil Pond Ct | Single Family | 1,225 | B |
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| 3702 Mil Lake Cir | Single Family | 942 | B |
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| 3722 Mil Lake Cir | Single Family | 942 | B |
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| 3716 Nyack Ln | Single Family | 1,635 | B |
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| 3692 Mil Lake Cir | Single Family | 1,110 | B |
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| 3714 Nyack Ln | Single Family | 1,635 | 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 8 of all properties in this area. This suggests it would appeal to someone earning around $13,568 per year who should qualify for a mortgage between $27,136 and $33,920.
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 8 of all properties in this area. This corresponds to a rent of $643 per month and a monthly household income of $1,716 ($20,592 per year)
Nearby Companies
3748 Mil Lake Cir
3731 Nyack Ln
3731 Nyack Ln
3726 Nyack Ln
3726 Nyack Ln
981 George W Engram Blvd
3743 Mil Lake Cir
3672 Mil Lake Cir