1105 Woodfield Rd, 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:
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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 1104 Woodfield Rd | Single Family | 1,756 | B |
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| 1106 Woodfield Rd | Single Family | 1,706 | B |
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| 1103 Woodfield Rd | Single Family | 1,756 | B |
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| 1102 Woodfield Rd | Single Family | 1,756 | B |
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| 1101 Woodfield Rd | Single Family | 1,706 | B |
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| 1928 Laek Worth Rd 1-C | Right-of-way, street, road, irrigation channel, ditch, etc. | 0 | L | |
| 1110 Woodfield Rd | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 1094 Woodfield Rd | Single Family | 1,706 | B |
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| 1111 Woodfield Ct | Single Family | 1,706 | B |
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| 1093 Woodfield Rd | Single Family | 1,756 | B |
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| 1112 Woodfield Ct | Single Family | 1,756 | B |
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| 1021 Woodfield Rd | Single Family | 1,706 | B |
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| 1022 Woodfield Rd | Single Family | 1,756 | B |
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| 1023 Woodfield Rd | Single Family | 1,756 | B |
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| 1016 Woodfield Rd | Single Family | 1,706 | B |
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| 1113 Woodfield Ct | Single Family | 1,756 | B |
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| 1092 Woodfield Rd | Single Family | 1,756 | B |
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| 1024 Woodfield Rd | Single Family | 1,756 | B |
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| 1015 Woodfield Rd | Single Family | 1,756 | B |
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| 1025 Woodfield Rd | Single Family | 1,756 | B |
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| 1114 Woodfield Ct | Single Family | 1,756 | B |
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| 1014 Woodfield Rd | Single Family | 1,756 | B |
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| 1026 Woodfield Rd | Single Family | 1,706 | B |
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| 1013 Woodfield Rd | Single Family | 1,756 | B |
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| 1091 Woodfield Rd | Single Family | 1,706 | B |
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| 1115 Woodfield Ct | Single Family | 1,756 | B |
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| 1012 Woodfield Rd | Single Family | 1,756 | B |
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| 1031 Woodfield Rd | Single Family | 1,706 | B |
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| 1116 Woodfield Ct | Single Family | 1,706 | B |
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| 1011 Woodfield Rd | Single Family | 1,706 | B |
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| 1032 Woodfield Rd | Single Family | 1,756 | B |
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| 1033 Woodfield Rd | Single Family | 1,756 | B |
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| 1086 Woodfield Rd | Single Family | 1,706 | B |
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| 1121 Woodfield Ct | Single Family | 1,706 | B |
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| 1085 Woodfield Rd | Single Family | 1,756 | B |
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| 1034 Woodfield Rd | Single Family | 1,756 | B |
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| 1084 Woodfield Rd | Single Family | 1,756 | B |
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| 1143 Woodfield Ct | Single Family | 1,756 | B |
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| 1144 Woodfield Ct | Single Family | 1,706 | B |
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| 1142 Woodfield Ct | Single Family | 1,756 | B |
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| 1141 Woodfield Ct | Single Family | 1,706 | B |
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| 1035 Woodfield Rd | Single Family | 1,756 | B |
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| 1136 Woodfield Ct | Single Family | 1,706 | B |
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| 1083 Woodfield Rd | Single Family | 1,756 | B |
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| 1122 Woodfield Ct | Single Family | 1,756 | B |
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| 1135 Woodfield Ct | Single Family | 1,756 | B |
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| 1082 Woodfield Rd | Single Family | 1,756 | B |
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| 1134 Woodfield Ct | Single Family | 1,756 | B |
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| 1036 Woodfield Rd | Single Family | 1,706 | 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 73 of all properties in this area. This suggests it would appeal to someone earning around $70,555 per year who should qualify for a mortgage between $141,110 and $176,388.
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 73 of all properties in this area. This corresponds to a rent of $1,203 per month and a monthly household income of $3,306 ($39,672 per year)
Nearby Companies
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