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 
3041 Grandiflora Dr Condominium 1,777 B
3040 Grandiflora Dr Condominium 1,210 B
3037 Grandiflora Dr Condominium 1,036 B
3035 Grandiflora Dr Condominium 1,036 B
3034 Grandiflora Dr Condominium 1,417 B
3032 Grandiflora Dr Condominium 1,776 B
3033 Grandiflora Dr Condominium 1,210 B
3043 Grandiflora Dr Condominium 1,210 B
3042 Grandiflora Dr Condominium 1,776 B
3045 Grandiflora Dr Condominium 1,036 B
3044 Grandiflora Dr Condominium 1,417 B
3047 Grandiflora Dr Condominium 1,036 B
3046 Grandiflora Dr Condominium 1,417 B
3031 Grandiflora Dr Condominium 1,777 B
3026 Grandiflora Dr Condominium 1,417 B
3030 Grandiflora Dr Condominium 1,210 B
3027 Grandiflora Dr Condominium 1,036 B
3025 Grandiflora Dr Condominium 1,036 B
3024 Grandiflora Dr Condominium 1,417 B
3050 Grandiflora Dr Condominium 1,210 B
3053 Grandiflora Dr Condominium 1,954 B
3052 Grandiflora Dr Condominium 1,954 B
3051 Grandiflora Dr Condominium 1,776 B
3023 Grandiflora Dr Condominium 1,210 B
3021 Grandiflora Dr Condominium 1,777 B
3020 Grandiflora Dr Condominium 1,210 B
3016 Grandiflora Dr Condominium 1,417 B
3017 Grandiflora Dr Condominium 1,036 B
3058 Grandiflora Dr Condominium 1,417 B
3059 Grandiflora Dr Condominium 1,036 B
3057 Grandiflora Dr Condominium 1,036 B
3055 Grandiflora Dr Condominium 1,210 B
3056 Grandiflora Dr Condominium 1,417 B
3054 Grandiflora Dr Condominium 1,776 B
3012 Grandiflora Dr Condominium 1,776 B
3013 Grandiflora Dr Condominium 1,210 B
3014 Grandiflora Dr Condominium 1,417 B
3015 Grandiflora Dr Condominium 1,036 B
3011 Grandiflora Dr Condominium 1,777 B
3010 Grandiflora Dr Condominium 1,210 B
3065 Grandiflora Dr Condominium 1,036 B
3061 Grandiflora Dr Condominium 1,777 B
3064 Grandiflora Dr Condominium 1,417 B
3063 Grandiflora Dr Condominium 1,210 B
3060 Grandiflora Dr Condominium 1,210 B
3062 Grandiflora Dr Condominium 1,776 B
3066 Grandiflora Dr Condominium 1,417 B
3067 Grandiflora Dr Condominium 1,036 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 27 of all properties in this area. This suggests it would appeal to someone earning around $32,834 per year who should qualify for a mortgage between $65,668 and $82,085.

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 27 of all properties in this area. This corresponds to a rent of $858 per month and a monthly household income of $2,218 ($26,616 per year)

Nearby Companies

Nxtstep LLC
3013 Grandiflora Dr
Dd'S Dripgloss LLC
3016 Grandiflora Dr
Cae Concrete LLC
3095 Grandiflora Dr
Englund Marine LLC
3095 Grandiflora Dr
C-Force On Pointe, LLC
3111 Grandiflora Dr
Steer To The Driving School LLC.
3041 Grandiflora Dr
Euro Metrik Enterprises, Inc.
3106 Grandiflora Dr
Highly Lavish LLC
3076 Grandiflora Dr
Dream Body Athletics LLC
3076 Grandiflora Dr
Olive & Comet LLC
3131 Grandiflora Dr
Foamy Auto Spa LLC
3036 Grandiflora Dr
Disclaimers and Disclosures

Public Records Data

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