5205 Rising Comet Ln, 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 | |
|---|---|---|---|---|
| 5203 Rising Comet Ln | Single Family | 2,704 | B |
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| 5207 Rising Comet Ln | Single Family | 2,959 | B |
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| 5209 Rising Comet Ln | Single Family | 2,953 | B |
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| 5201 Rising Comet Ln | Single Family | 1,758 | B |
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| 5211 Rising Comet Ln | Single Family | 2,630 | B |
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| 5049 Northern Lights Dr | Single Family | 1,781 | B |
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| 5047 Northern Lights Dr | Single Family | 2,953 | B |
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| 5204 Rising Comet Ln | Single Family | 2,959 | B |
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| 5206 Rising Comet Ln | Single Family | 2,562 | B |
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| 5213 Rising Comet Ln | Single Family | 2,953 | B |
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| 5051 Northern Lights Dr | Single Family | 1,781 | B |
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| 5202 Rising Comet Ln | Single Family | 2,953 | B |
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| 5208 Rising Comet Ln | Single Family | 2,953 | B |
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| 5053 Northern Lights Dr | Single Family | 2,593 | B |
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| 5200 Rising Comet Ln | Single Family | 1,758 | B |
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| 5215 Rising Comet Ln | Single Family | 2,953 | B |
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| 5045 Northern Lights Dr | Single Family | 2,028 | B |
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| 5055 Northern Lights Dr | Single Family | 2,593 | B |
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| 5212 Rising Comet Ln | Single Family | 1,758 | B |
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| 5005 Rising Comet Ln | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 5043 Northern Lights Dr | Single Family | 2,028 | B |
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| 5217 Rising Comet Ln | Single Family | 2,593 | B |
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| 5214 Rising Comet Ln | Single Family | 1,781 | B |
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| 5057 Northern Lights Dr | Single Family | 2,953 | B |
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| 5040 Polaris Cv | Single Family | 2,324 | B |
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| 5035 Polaris Cv | Single Family | 1,896 | B |
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| 5041 Northern Lights Dr | Single Family | 1,947 | B |
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| 5216 Rising Comet Ln | Single Family | 2,562 | B |
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| 5033 Polaris Cv | Single Family | 2,330 | B |
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| 5038 Polaris Cv | Single Family | 2,330 | B |
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| 5059 Northern Lights Dr | Single Family | 2,562 | B |
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| 5219 Rising Comet Ln | Single Family | 2,953 | B |
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| 5039 Northern Lights Dr | Single Family | 2,324 | B |
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| 5218 Rising Comet Ln | Single Family | 2,562 | B |
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| 5048 Northern Lights Dr | Single Family | 1,781 | B |
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| 5050 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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| 5052 Northern Lights Dr | Single Family | 1,781 | B |
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| 5031 Polaris Cv | Single Family | 1,451 | B |
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| 5221 Rising Comet Ln | Single Family | 2,959 | B |
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| 5037 Northern Lights Dr | Single Family | 2,324 | B |
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| 5054 Northern Lights Dr | Single Family | 2,546 | B |
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| 5036 Polaris Cv | Single Family | 2,028 | B |
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| 5220 Rising Comet Ln | Single Family | 2,959 | B |
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| 5156 Aurora Lake Cir | Single Family | 2,324 | B |
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| 5056 Northern Lights Dr | Single Family | 1,758 | B |
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| 5154 Aurora Lake Cir | Single Family | 2,324 | 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 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
5220 Rising Comet Ln
5220 Rising Comet Ln
5200 Rising Comet Ln
5200 Rising Comet Ln
5202 Rising Comet Ln
5221 Rising Comet Ln
5221 Rising Comet Ln
5221 Rising Comet Ln
5221 Rising Comet Ln
5221 Rising Comet Ln
5221 Rising Comet Ln
5221 Rising Comet Ln
5221 Rising Comet Ln
5221 Rising Comet Ln
5221 Rising Comet Ln
5221 Rising Comet Ln
5065 Northern Lights Dr
5058 Northern Lights Dr
5057 Northern Lights Drvd
5057 Northern Lights Drvd
5225 Rising Comet Ln