4675 Empire Way, 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 | |
|---|---|---|---|---|
| 4687 Empire Way | Single Family | 817 | B |
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| 4663 Empire Way | Single Family | 810 | B |
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| 4674 Gladiator Cir | Single Family | 810 | B |
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| 4672 Gladiator Cir | Single Family | 810 | B |
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| 4696 Gladiator Cir | Single Family | 1,216 | B |
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| 4666 Gladiator Cir | Single Family | 827 | B |
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| 4693 Empire Way | Single Family | 952 | B |
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| 4661 Empire Way | Single Family | 810 | B |
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| 4698 Gladiator Cir | Single Family | 1,191 | B |
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| 4664 Gladiator Cir | Single Family | 1,191 | B |
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| 4676 Empire Way | Single Family | 1,070 | B |
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| 4678 Empire Way | Single Family | 1,070 | B |
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| 4647 Empire Way | Single Family | 810 | B |
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| 4662 Empire Way | Single Family | 1,222 | B |
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| 4707 Empire Way | Single Family | 1,205 | B |
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| 4692 Empire Way | Single Family | 817 | B |
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| 4712 Gladiator Cir | Single Family | 1,155 | B |
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| 4644 Gladiator Cir | Single Family | 810 | B |
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| 4660 Empire Way | Single Family | 1,198 | B |
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| 4696 Empire Way | Single Family | 865 | B |
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| 4645 Empire Way | Single Family | 810 | B |
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| 4648 Empire Way | Single Family | 810 | B |
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| 4709 Empire Way | Single Family | 1,205 | B |
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| 4708 Empire Way | Single Family | 1,142 | B |
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| 4714 Gladiator Cir | Single Family | 1,191 | B |
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| 4642 Gladiator Cir | Single Family | 1,095 | B |
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| 4677 Chariot Cir | Single Family | 810 | B |
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| 4679 Chariot Cir | Single Family | 810 | B |
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| 4663 Chariot Cir | Single Family | 1,044 | B |
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| 4693 Chariot Cir | Single Family | 863 | B |
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| 4669 Gladiator Cir | Multi-family - less than 10 units | 1,854 | B |
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| 4710 Empire Way | Single Family | 946 | B |
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| 4661 Chariot Cir | Single Family | 810 | B |
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| 4646 Empire Way | Single Family | 1,087 | B |
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| 4695 Chariot Cir | Single Family | 975 | B |
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| 4689 Gladiator Cir | Single Family | 1,448 | B |
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| 4725 Empire Way | Single Family | 1,193 | B |
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| 4721 Gladiator Cir | Single Family | 1,191 | B |
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| 4657 Gladiator Cir | Single Family | 1,540 | B |
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| 4643 Chariot Cir | Single Family | 810 | B |
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| 4716 Gladiator Cir | Single Family | 827 | B |
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| 4709 Chariot Cir | Single Family | 810 | B |
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| 4724 Empire Way | Single Family | 810 | B |
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| 4644 Toga Way | Single Family | 827 | B |
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| 4641 Chariot Cir | Single Family | 810 | B |
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| 4711 Chariot Cir | Single Family | 1,044 | B |
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| 4723 Gladiator Cir | Single Family | 1,191 | B |
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| 4727 Empire Way | Single Family | 1,216 | B |
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| 4718 Gladiator Cir | Single Family | 1,191 | 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 52 of all properties in this area. This suggests it would appeal to someone earning around $47,457 per year who should qualify for a mortgage between $94,914 and $118,643.
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 52 of all properties in this area. This corresponds to a rent of $1,055 per month and a monthly household income of $2,927 ($35,124 per year)
Nearby Companies
4802 Gladiator Cir
4796 Gladiator Cir
4775 Gladiator Cir
4587 Toga Way
4798 Chariot Cir
4731 Gladiator Cir
4731 Gladiator Cir
4758 Gladiator Cir
4696 Empire Way
4694 Chariot Cir