943 Sunset Rd, Boynton Beach
Palm Beach County Real Estate - Boynton Beach
Boynton Beach is in South East Florida. It's population as recorded in the 2010 Census was 68,217.
The median age for residents of Boynton Beach is 41.9. Around 25% of Boynton Beach households include school aged children and 35.4% of households include individuals aged 65 years or over. Census records indicate 62.4% of the Boynton Beach population are White, 30.2% are Black or African American, .2% American Indian, 2.1% Asian and 2.1% are Two or more Races.
There are 36,289 housing units in Boynton Beach. 7,185 (19.7%) of these were reported as vacant in the 2010 Census. Boynton Beach is a tourist destination, 46.3% (3,330) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 11,388 residential rental units in Boynton Beach. 9,788 of them were occupied in 2010 providing a residential rental vacancy rate of 13.7%.
Boynton Beach 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 | |
|---|---|---|---|---|
| 937 Sunset Rd | Single Family | 1,778 | B |
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| 926 Sw 28th Ave | Single Family | 2,190 | B |
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| 922 Sw 28th Ave | Single Family | 1,484 | B |
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| 944 Sunset Rd | Single Family | 2,891 | B |
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| 931 Sunset Rd | Single Family | 2,988 | B |
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| 940 Sunset Rd | Single Family | 1,243 | B |
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| 931 Sw 28th Ave | Single Family | 2,637 | B |
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| 918 Sw 28th Ave | Single Family | 1,951 | B |
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| 932 Sunset Rd | Single Family | 1,936 | B |
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| 925 Sunset Rd | Single Family | 1,450 | B |
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| 927 Sw 28th Ave | Single Family | 1,976 | B |
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| 926 Sunset Rd | Single Family | 1,962 | B |
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| 914 Sw 28th Ave | Single Family | 2,167 | B |
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| 923 Sw 28th Ave | Single Family | 1,988 | B |
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| 933 Chapel Hill Blvd | Single Family | 2,712 | B |
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| 929 Chapel Hill Blvd | Single Family | 2,574 | B |
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| 919 Sw 28th Ave | Single Family | 1,892 | B |
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| 917 Sunset Rd | Single Family | 2,824 | B |
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| 920 Sunset Rd | Single Family | 1,181 | B |
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| 923 Chapel Hill Blvd | Single Family | 1,861 | B |
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| 910 Sw 28th Ave | Single Family | 2,131 | B |
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| 929 Sw 28th Ave | Single Family | 2,361 | B |
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| 915 Sw 28th Ave | Single Family | 1,885 | B |
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| 922 Sw 27th Ter | Single Family | 1,959 | B |
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| 939 Chapel Hill Blvd | Single Family | 1,945 | B |
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| 926 Sw 27th Ter | Single Family | 2,164 | B |
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| 917 Chapel Hill Blvd | Single Family | 1,973 | B |
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| 909 Sunset Rd | Single Family | 2,282 | B |
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| 914 Sunset Rd | Single Family | 1,265 | B |
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| 918 Sw 27th Ter | Single Family | 2,006 | B |
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| 911 Sw 28th Ave | Single Family | 2,408 | B |
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| 906 Sw 28th Ave | Single Family | 2,461 | B |
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| 911 Chapel Hill Blvd | Single Family | 2,179 | B |
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Local Household Income
The median household income in this part of Florida is $67,505. The bottom 10% of the population earn less than $21,763 per year. The top 10% earn more than $196,896 per year. The top 1% earn more than $687,450 per year. Most renters earn between $37,044 (20th percentile) and $63,912 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $135,010 and $168,763.
The tax assessed value of this property places it in percentile 85 of all properties in this area. This suggests it would appeal to someone earning around $158,192 per year who should qualify for a mortgage between $316,384 and $395,480.
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 $1,237. Most renters earn between $3,087 and $5,326 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $977 (20th percentile) to $1,647 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 85 of all properties in this area. This corresponds to a rent of $1,786 per month and a monthly household income of $5,667 ($68,004 per year)
Nearby Companies
911 Chapel Hill Blvd
926 Sunset Rd
925 Sunset Rd
906 Sw 28th Ave