5066 Northern Lights 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 | |
|---|---|---|---|---|
| 5068 Northern Lights Dr | Single Family | 2,959 | B |
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| 5064 Northern Lights Dr | Single Family | 1,781 | B |
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| 5070 Northern Lights Dr | Single Family | 2,562 | B |
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| 5062 Northern Lights Dr | Single Family | 2,546 | B |
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| 5072 Northern Lights Dr | Single Family | 2,562 | B |
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| 5060 Northern Lights Dr | Single Family | 2,918 | B |
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| 5074 Northern Lights Dr | Single Family | 2,953 | B |
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| 5058 Northern Lights Dr | Single Family | 2,918 | B |
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| 5067 Northern Lights Dr | Single Family | 2,953 | B |
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| 5065 Northern Lights Dr | Single Family | 2,562 | B |
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| 5069 Northern Lights Dr | Single Family | 2,953 | B |
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| 5063 Northern Lights Dr | Single Family | 2,270 | B |
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| 5071 Northern Lights Dr | Single Family | 2,546 | B |
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| 5076 Northern Lights Dr | Single Family | 1,758 | B |
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| 5056 Northern Lights Dr | Single Family | 1,758 | B |
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| 5061 Northern Lights Dr | Single Family | 2,918 | B |
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| 5073 Northern Lights Dr | Single Family | 2,546 | B |
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| 5078 Northern Lights Dr | Single Family | 2,959 | B |
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| 5059 Northern Lights Dr | Single Family | 2,562 | B |
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| 5054 Northern Lights Dr | Single Family | 2,546 | B |
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| 5308 Moon Shadow Ln | Single Family | 1,758 | B |
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| 5339 Grand Banks Blvd | Single Family | 2,987 | B |
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| 5337 Grand Banks Blvd | Single Family | 3,809 | B |
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| 5057 Northern Lights Dr | Single Family | 2,953 | B |
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| 5341 Grand Banks Blvd | Single Family | 3,330 | B |
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| 5052 Northern Lights Dr | Single Family | 1,781 | B |
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| 5310 Moon Shadow Ln | Single Family | 2,918 | B |
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| 5343 Grand Banks Blvd | Single Family | 3,893 | B |
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| 5301 Moon Shadow Ln | Single Family | 2,953 | B |
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| 5055 Northern Lights Dr | Single Family | 2,593 | B |
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| 5335 Grand Banks Blvd | Single Family | 3,330 | B |
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| 5082 Northern Lights Dr | Single Family | 2,953 | B |
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| 5050 Northern Lights Dr | Single Family | 1,758 | B |
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| 5303 Moon Shadow Ln | Single Family | 2,953 | B |
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| 5345 Grand Banks Blvd | Single Family | 3,681 | B |
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| 5053 Northern Lights Dr | Single Family | 2,593 | B |
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| 5312 Moon Shadow Ln | Single Family | 2,953 | B |
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| 5305 Moon Shadow Ln | Single Family | 2,562 | B |
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| 5084 Northern Lights Dr | Single Family | 2,562 | B |
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| 5333 Grand Banks Blvd | Single Family | 3,755 | B |
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| 5048 Northern Lights Dr | Single Family | 1,781 | B |
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| 5307 Moon Shadow Ln | Single Family | 2,953 | B |
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| 5347 Grand Banks Blvd | Single Family | 3,330 | B |
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| 5051 Northern Lights Dr | Single Family | 1,781 | B |
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| 5314 Moon Shadow Ln | Single Family | 2,959 | B |
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| 5309 Moon Shadow Ln | Single Family | 3,000 | B |
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| 5086 Northern Lights Dr | Single Family | 2,562 | B |
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| 5049 Northern Lights Dr | Single Family | 1,781 | B |
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| 5400 Little Dipper Ct | Single Family | 2,546 | B |
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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 66 of all properties in this area. This suggests it would appeal to someone earning around $80,758 per year who should qualify for a mortgage between $161,516 and $201,895.
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 66 of all properties in this area. This corresponds to a rent of $1,179 per month and a monthly household income of $3,117 ($37,404 per year)
Nearby Companies
5200 Rising Comet Ln
5200 Rising Comet Ln
5202 Rising Comet Ln
5086 Northern Light Dr
5307 Moonshadow Ln
5305 Moon Shadow Ln
5317 Moon Shadow Ln
5074 Northern Lights Dr
5070 Northern Lights Dr
5069 Northern Lights Dr
5065 Northern Lights Dr
5058 Northern Lights Dr
5057 Northern Lights Drvd
5057 Northern Lights Drvd
5340 Grand Banks Blvd
5356 Grand Banks Blvd
5356 Grand Banks Blvd
5403 Little Dipper Ct
155 Sheeler Ave