549 Jennings Ave, 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%.
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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 | |
|---|---|---|---|---|
| 545 Jennings Ave | Single Family | 1,639 | B |
 |
| 553 Jennings Ave | Multi-family - less than 10 units | 1,275 | C |
|
| 541 Jennings Ave | Single Family | 1,639 | B |
|
| 5430 10th Ave N | Office building, non-professional service building, one story | 1,600 | B |
|
| 533 Jennings Ave | Single Family | 2,108 | B |
|
| 544 Fleming Ave | Multi-family - less than 10 units | 2,250 | B |
|
| 5450 10th Ave N | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 10,800 | B |
|
| 544 Jennings Ave | Multi-family - less than 10 units | 1,566 | B |
|
| 5380 10th Ave N | Store, one story | 6,300 | B |
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| 536 Fleming Ave | Multi-family - less than 10 units | 2,250 | B |
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| 540 Jennings Ave | Multi-family - less than 10 units | 1,566 | B |
|
| 536 Jennings Ave | Single Family | 1,398 | B |
|
| 529 Jennings Ave | Single Family | 934 | B |
|
| 532 Jennings Ave | Single Family | 1,152 | B |
|
| 530 Fleming Ave | Single Family | 1,463 | B |
|
| 525 Jennings Ave | Single Family | 1,123 | B |
|
| 528 Jennings Ave | Multi-family - less than 10 units | 1,632 | B |
|
| Fleming Ave | Single Family | 0 | B | |
| 545 Fleming Ave | Vacant Residential | 0 | L | |
| 545 Perry Ave | Single Family | 1,048 | B |
|
| 524 Fleming Ave | Single Family | 1,214 | B |
|
| 5350 10th Ave N | Office building, non-professional service building, multi-story | 8,100 | B |
|
| 541 Perry Ave | Single Family | 1,048 | B |
|
| 5470 10th Ave N | Store, one story | 1,600 | B |
|
| 541 Fleming Ave | Single Family | 1,118 | B |
|
| 524 Jennings Ave | Single Family | 1,498 | B |
|
| 521 Jennings Ave | Single Family | 1,114 | B |
|
| 537 Perry Ave | Single Family | 1,048 | B |
|
| 533 Fleming Ave | Single Family | 1,211 | B |
|
| 533 Perry Ave | Single Family | 1,048 | B |
|
| 520 Jennings Ave | Single Family | 1,470 | B |
|
| 600 Fleming Ave | Private school or college | 9,360 | B |
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| 517 Jennings Ave | Single Family | 1,245 | B |
|
| 522 Fleming Ave | Multi-family - less than 10 units | 1,372 | C |
|
| 527 Fleming Ave | Single Family | 1,071 | B |
|
| 529 Perry Ave | Single Family | 1,245 | B |
|
| 516 Jennings Ave | Multi-family - less than 10 units | 1,866 | B |
|
| 525 Fleming Ave | Single Family | 1,726 | B |
|
| 525 Perry Ave | Single Family | 1,104 | C |
|
| 513 Jennings Ave | Single Family | 1,197 | B |
|
| 5493 10th Ave N | Professional service building | 1,564 | B |
|
| 521 Fleming Ave | Multi-family - less than 10 units | 1,511 | B |
|
| 521 Perry Ave | Single Family | 1,104 | C |
|
| 514 Jennings Ave | Single Family | 1,252 | B |
|
| 5371 10th Ave N | Store, one story | 7,118 | B |
|
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 30 of all properties in this area. This suggests it would appeal to someone earning around $30,143 per year who should qualify for a mortgage between $60,286 and $75,358.
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 30 of all properties in this area. This corresponds to a rent of $907 per month and a monthly household income of $2,521 ($30,252 per year)
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