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:

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

AddressTypeSq FtClass 
5351 Grand Banks Blvd Single Family 2,856 B
5355 Grand Banks Blvd Single Family 3,681 B
5357 Grand Banks Blvd Single Family 3,330 B
5349 Grand Banks Blvd Single Family 3,809 B
5359 Grand Banks Blvd Single Family 3,862 B
5356 Grand Banks Blvd Single Family 3,372 B
5358 Grand Banks Blvd Single Family 2,868 B
5354 Grand Banks Blvd Single Family 3,808 B
5360 Grand Banks Blvd Single Family 2,222 B
5352 Grand Banks Blvd Single Family 3,808 B
5361 Grand Banks Blvd Single Family 3,755 B
5342 Island Gypsy Dr Single Family 3,893 B
5350 Grand Banks Blvd Single Family 3,809 B
5347 Grand Banks Blvd Single Family 3,330 B
5340 Island Gypsy Dr Single Family 3,330 B
5092 Northern Lights Dr Single Family 1,758 B
5090 Northern Lights Dr Single Family 1,781 B
5088 Northern Lights Dr Single Family 1,781 B
5094 Northern Lights Dr Single Family 2,918 B
5348 Grand Banks Blvd Single Family 2,844 B
5086 Northern Lights Dr Single Family 2,562 B
5096 Northern Lights Dr Single Family 2,953 B
5338 Island Gypsy Dr Single Family 3,330 B
5084 Northern Lights Dr Single Family 2,562 B
5098 Northern Lights Dr Single Family 1,781 B
5345 Grand Banks Blvd Single Family 3,681 B
5346 Grand Banks Blvd Single Family 2,868 B
5082 Northern Lights Dr Single Family 2,953 B
5349 Island Gypsy Dr Single Family 3,095 B
5100 Northern Lights Dr Single Family 2,206 B
5347 Island Gypsy Dr Single Family 3,809 B
5345 Island Gypsy Dr Single Family 3,330 B
5336 Island Gypsy Dr Single Family 3,808 B
5343 Island Gypsy Dr Single Family 3,681 B
5343 Grand Banks Blvd Single Family 3,893 B
5344 Grand Banks Blvd Single Family 3,681 B
5341 Island Gypsy Dr Single Family 3,330 B
5078 Northern Lights Dr Single Family 2,959 B
5050 Nautica Isles Blvd Undefined - Reserved for Use by Department of Revenue 342 A
5334 Island Gypsy Dr Single Family 3,889 B
5501 Wishing Star Ln Single Family 1,758 B
5401 Little Dipper Ct Single Family 2,918 B
5339 Island Gypsy Dr Single Family 3,330 B
5076 Northern Lights Dr Single Family 1,758 B
5400 Little Dipper Ct Single Family 2,546 B
5341 Grand Banks Blvd Single Family 3,330 B
5342 Grand Banks Blvd Single Family 3,815 B
5503 Wishing Star Ln Single Family 2,953 B

Local Household Income

The median household income in this part of Florida is $58,828. The bottom 10% of the population earn less than $15,713 per year. The top 10% earn more than $151,965 per year. The top 1% earn more than $508,812 per year. Most renters earn between $24,120 (20th percentile) and $44,712 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $117,656 and $147,070.

The tax assessed value of this property places it in percentile 74 of all properties in this area. This suggests it would appeal to someone earning around $97,692 per year who should qualify for a mortgage between $195,384 and $244,230.

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 $1,028. Most renters earn between $2,010 and $3,726 per month. They typically spend 39% of their monthly income on rent. Most rents fall in the $781 (20th percentile) to $1,371 (80th percentile) range. The residential vacancy rate is 9%.

This property falls in percentile 74 of all properties in this area. This corresponds to a rent of $1,274 per month and a monthly household income of $3,449 ($41,388 per year)

Nearby Companies

T&N Custom Yacht Inc
5086 Northern Light Dr
Gregory Sturkey Inc.
5074 Northern Lights Dr
Andover At Wycliffe Condominium Association, Inc.
C/O Grs Management Associates Inc
Sailfish Cove Neighborhood Association, Inc.
Grs Management Associates Inc
Tres Vidas Of Palm Beach, Inc.
C/O Grs Management Associates Inc
Jhs Of South Florida, Inc.
3825 A South Military Trl
Rainberry Lake Homeowners Association, Inc.
Grs Management Associates Inc
Huntington Property Owners' Association, Inc.
Grs Management Associates Inc
Island Club Homeowners Association, Inc.
Grs Managment Associates Inc
Gky Venture, Inc.
5349 Island Gypsy Dr
Authentic Media Studio LLC
5361 Grand Banks Blvd
Luxury Beauty Lounge J M, LLC
5354 Grand Banks Blvd
Roy Empire Investments LLC
5348 Grand Banks Blvd
Dhaka Club Of Florida, Inc.
5340 Grand Banks Blvd
C2c Properties, LLC
5356 Grand Banks Blvd
Michelle Gibson, P.A.
5356 Grand Banks Blvd
Turnbury Village Homeowners' Association, Inc.
C/O Campbell Property Management
Lake Shore Village Neighborhood Association, Inc.
C/O Campbell Property Management
Lake Nona Village Neighborhood Association, Inc.
C/O Campbell Property Management
A1 Kiinteistot Oy, Inc.
C/O 5112 Arbor Glen Cir
Kirkwood Townhomes Homeowners' Association, Inc.
Grs Management Associates Inc
Palm Beach Trace Condominium Association, Inc.
Grs Management Associates Inc
Kensington Property Owners Association, Inc.
Grs Management Associates Inc
Fairmont Property Owners Association, Inc.
Grs Management Associates Inc
Judith Caroline Hall, P.A.
Highlight Realty
Greg Maurer'S Tile, Inc.
% Greg M Maurer
Gordon Grenn, D.O., P.A.
C/O Gordon Grenn
Somerset G Condominium Association, Inc.
C/O Pruitts Property Mgmt
Olive Tree Property Owners Association, Inc.
Grs Management Associates Inc
Flamingo Clay Studio, Inc.
318 B-2 Knotty Pine Cir
Lakewood Homeowners Association, Inc.
C/O Grs Management Associates Inc
Suburban Pines Homeowners Association, Inc.
C/O Grs Management Associates Inc
International Printing Inc.
4546 Clemens Strett Ste F
Gilles Family Trucking LLC
128 Woodlake Cir
Eden Place Condominium Association, Inc.
C/O Phoenix Management Services
Bay Villas Condominium, Inc.
C/O Ira Elblonk & Assoc Inc
The Credit Guy LLC
3900 Woodlake Blvd Suite
Yao Yuan Inc
5829 A-B Lake Worth Rd
Trowbridge C Condominium Association, Inc.
C/O Phoenix Management Services Inc
Cedar Ridge Estates Property Owners' Association, Inc.
C/O Phoenix Management Services Inc
Grove Estates Neighborhood Association, Inc.
C/O Phoenix Management Services Inc
The Grove At Boynton Beach Community Association, Inc.
C/O Phoenix Management Services Inc
Indian Spring Village Homeowners' Association, Inc.
C/O Grs Management Associates Inc
Bermuda Isle At Aberdeen Association, Inc.
C/O Phoenix Managament Services Inc
Forest Lakes Property Owners Association, Inc.
C/O Grs Management Associates Inc
Forest Glen Property Owners Association, Inc.
C/O Grs Management Associates Inc
Dos Lagos Homeowners Association, Inc.
C/O Grs Management Associates Inc
Shoreline Homeowners Association, Inc.
C/O Grs Management Associates Inc
Sand Cay At Ibis Homeowners Association, Inc.
C/O Grs Management Associates Inc
Victoria Grove Homeowners Association, Inc.
C/O Grs Management Associates Inc
The Cove At Briar Bay Condominium Association, Inc.
C/O Grs Management Associates Inc
Lakeside Green Ii-B Homeowners Association, Inc.
C/O Grs Management Associates Inc
Phipps Village Homeowners Association, Inc.
C/O Grs Management Associates Inc
Cooper Village Homeowners Association, Inc.
C/O Grs Management Associates Inc
Somerset Homeowner'S Association, Inc.
C/O Grs Management Associates Inc
Southlake Property Owners' Association, Inc.
C/O Grs Management Associates Inc
South Lake Ii Condominium Association, Inc.
C/O Grs Management Associates Inc
Meadowland Cove Homeowners Association, Inc.
C/O Grs Management Associates Inc
Marsh Pointe Homeowners Association, Inc.
C/O Grs Management Associates Inc
Loaj Homeowners Association, Inc.
C/O Grs Management Associates Inc
The Harbours At Aberdeen Condominium, Inc.
C/O Grs Management Associates Inc
Lee Estates Homeowners Association, Inc.
C/O Grs Management Associates Inc
Normandy Isles Homeowners' Association, Inc.
C/O Grs Management Associates Inc
Madison Lakes Homeowners Association Inc.
C/O Grs Management Associates Inc
Jb&D Insurance,LLC
5891 South Military Trail Suite
Windjammer Cove Condominium Association, Inc.
Phoenix Management Services Inc
Tdeal, LLC
5096 Northern Lights Dr
Fibonacci Cleaning Services, LLC
5100 Northern Lights Dr
Midcurrent LLC
5615 Northern Lights Dr
Elite Sunshine Group, Inc.
5403 Little Dipper Ct
Harbour Hall Inlet Club Ii Condominium Association, Inc.
C/O Phoenix Management Services Inc
Arissa Place Condominium Association, Inc.
C/O Phoenix Management Services Inc
Fix It Rick LLC
4760 Gladiator Cir
Nnyj Transmission Inc
4950 C S Military Trl
The Villas On The Ocean No. 1, Inc.
C/O Grs Mgmt Associates Inc
Fairview Villas Condominium Association, Inc.
C/O Grs Mgmt Associates Inc
Waterside Homeowners' Association, Inc.
C/O Grs Mgmt Associates Inc
Timberline Lakes Homeowners Association, Inc.
C/O Grs Mgmt Associates Inc
Jonathan'S Cove Association, Inc.
C/O Grs Mgmt Associates Inc
Villa Palms Condominium Association, Inc.
C/O Grs Mgmt Associates Inc
Pheasant Run Homeowners' Association, Inc.
C/O Grs Mgmt Associates Inc
Swat'S Restoration, Inc
C/O Wilson A Sotomayor
Global Star Humanitarian Action, Inc
3040 South Military Trail Suite L & K
Harbor Cove Neighborhood Association, Inc.
Grs Management Associates Inc
Somerset F Condominium Association, Inc.
C/O Pruitts Property Management
Windsor H Condominium Association, Inc.
C/O Pruitts Property Management
Bearcash, L.L.C.
C/O Istvan Berkes
Berkes & Gerson, LLC
C/O Istvan Berkes
Winston Trails G.C., LLC
Winston Trails Golf Clb
Sk Winston Trails G.C., Inc.
Winston Trails Golf Clb
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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