3523 Westminster 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 | |
|---|---|---|---|---|
| 3521 Westminster Dr | Single Family | 1,566 | B |
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| 3522 Mill Brook Way Cir | Single Family | 1,566 | B |
|
| 3519 Westminster Dr | Single Family | 1,563 | B |
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| 6101 Fairfield Cir | Single Family | 1,384 | B |
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| 3520 Mill Brook Way Cir | Single Family | 1,566 | B |
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| 3518 Mill Brook Way Cir | Single Family | 1,566 | B |
|
| 6125 Fairfield Cir | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 3517 Westminster Dr | Single Family | 1,563 | B |
|
| 6103 Fairfield Cir | Single Family | 1,161 | B |
|
| 6100 Fairfield Cir | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 6098 Fairfield Cir | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 3516 Mill Brook Way Cir | Single Family | 1,566 | B |
|
| 6105 Fairfield Cir | Single Family | 1,384 | B |
|
| 6123 Fairfield Cir | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 3539 Mill Brook Way Cir | Single Family | 1,568 | B |
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| 3515 Westminster Dr | Single Family | 1,570 | B |
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| 6107 Fairfield Cir | Single Family | 1,161 | B |
|
| 3537 Mill Brook Way Cir | Single Family | 1,564 | B |
|
| 6121 Fairfield Cir | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 3514 Mill Brook Way Cir | Single Family | 1,566 | B |
|
| 3522 Westminster Dr | Single Family | 1,561 | B |
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| 6102 Fairfield Cir | Single Family | 1,086 | B |
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| 3535 Mill Brook Way Cir | Single Family | 1,566 | B |
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| 6144 Fairfield Cir | Single Family | 1,384 | B |
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| 3513 Westminster Dr | Single Family | 1,566 | B |
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| 3520 Westminster Dr | Single Family | 1,561 | B |
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| 6117 Fairfield Cir | Single Family | 1,161 | B |
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| 6109 Fairfield Cir | Single Family | 1,423 | B |
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| 6104 Fairfield Cir | Single Family | 1,161 | B |
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| 6119 Fairfield Cir | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 3533 Mill Brook Way Cir | Single Family | 1,566 | B |
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| 3512 Mill Brook Way Cir | Single Family | 1,564 | B |
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| 6142 Fairfield Cir | Single Family | 1,086 | B |
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| 3511 Westminster Dr | Single Family | 1,566 | B |
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| 3518 Westminster Dr | Single Family | 1,561 | B |
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| 6000 Woodlake Blvd | Undefined - Reserved for Use by Department of Revenue | 1,611 | B |
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| 6115 Fairfield Cir | Single Family | 1,086 | B |
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| 6106 Fairfield Cir | Single Family | 1,086 | B |
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| 3516 Westminster Dr | Single Family | 1,561 | B |
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| 3510 Ridge Tree Ct | Single Family | 1,566 | B |
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| 6140 Fairfield Cir | Single Family | 1,161 | B |
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| 3531 Mill Brook Way Cir | Single Family | 1,570 | B |
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| 6113 Fairfield Cir | Single Family | 1,161 | B |
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| 3514 Westminster Dr | Single Family | 1,566 | B |
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| 3509 Westminster Dr | Single Family | 1,566 | B |
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| 6108 Fairfield Cir | Single Family | 1,423 | B |
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| 3508 Ridge Tree Ct | Single Family | 1,566 | B |
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| 6138 Fairfield Cir | Single Family | 1,049 | B |
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| 6111 Fairfield Cir | Single Family | 1,384 | 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 51 of all properties in this area. This suggests it would appeal to someone earning around $46,599 per year who should qualify for a mortgage between $93,198 and $116,498.
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 51 of all properties in this area. This corresponds to a rent of $1,053 per month and a monthly household income of $2,918 ($35,016 per year)
Nearby Companies
3531 Mill Brook Way Cir
6118 Elm Way Ct
6000 Woodlake Blvd