514 Sw 20th St, 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%.
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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 | |
|---|---|---|---|---|
| 512 Sw 20th St | Single Family | 1,634 | B |
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| 600 Sw 20th St | Single Family | 1,376 | B |
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| 517 Sw 20th St | Single Family | 1,389 | B |
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| 515 Sw 19th St | Single Family | 1,376 | B |
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| 513 Sw 19th St | Single Family | 1,504 | B |
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| 2000 Sw 6th Ave | Single Family | 1,504 | B |
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| 602 Sw 20th St | Single Family | 1,018 | B |
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| 510 Sw 20th St | Single Family | 1,695 | B |
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| 517 Sw 19th St | Single Family | 1,721 | B |
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| 515 Sw 20th St | Single Family | 1,799 | B |
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| 511 Sw 19th St | Single Family | 1,217 | B |
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| 2002 Sw 6th Ave | Single Family | 1,736 | B |
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| 604 Sw 20th St | Single Family | 1,375 | B |
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| 513 Sw 20th St | Single Family | 1,969 | B |
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| 603 Sw 20th St | Single Family | 1,634 | B |
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| 2003 Sw 6th Ave | Single Family | 1,662 | B |
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| 508 Sw 20th St | Single Family | 1,468 | B |
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| 519 Sw 19th St | Single Family | 1,500 | B |
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| 512 Sw 19th St | Single Family | 1,634 | B |
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| 509 Sw 19th St | Single Family | 1,425 | B |
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| 514 Sw 19th St | Single Family | 1,634 | B |
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| 2004 Sw 6th Ave | Single Family | 1,183 | B |
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| 510 Sw 19th St | Single Family | 1,504 | B |
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| 516 Sw 19th St | Single Family | 1,620 | B |
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| 511 Sw 20th St | Single Family | 1,385 | B |
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| 606 Sw 20th St | Single Family | 1,504 | B |
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| 605 Sw 20th St | Single Family | 1,504 | B |
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| 2005 Sw 6th Ave | Single Family | 1,662 | B |
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| 623 Sw 21st Cir | Single Family | 1,616 | B |
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| 521 Sw 19th St | Single Family | 1,052 | B |
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| 506 Sw 20th St | Single Family | 1,246 | B |
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| 508 Sw 19th St | Single Family | 1,468 | B |
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| 507 Sw 19th St | Single Family | 1,642 | B |
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| 518 Sw 19th St | Single Family | 1,246 | B |
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| 2006 Sw 6th Ave | Single Family | 1,724 | B |
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| 621 Sw 21st Cir | Single Family | 1,376 | B |
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| 509 Sw 20th St | Single Family | 1,354 | B |
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| 513 Sw 18th St | Single Family | 1,688 | B |
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| 515 Sw 18th St | Single Family | 1,634 | B |
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| 607 Sw 20th St | Single Family | 1,578 | B |
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| 608 Sw 20th St | Single Family | 1,010 | B |
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| 511 Sw 18th St | Single Family | 1,693 | B |
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| 2007 Sw 6th Ave | Single Family | 1,376 | B |
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| 625 Sw 21st Cir | Single Family | 1,666 | B |
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| 506 Sw 19th St | Single Family | 1,376 | B |
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| 504 Sw 20th St | Single Family | 1,304 | B |
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| 517 Sw 18th St | Single Family | 1,657 | B |
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| 520 Sw 19th St | Single Family | 1,228 | B |
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| 2008 Sw 6th Ave | Single Family | 1,018 | 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 37 of all properties in this area. This suggests it would appeal to someone earning around $50,931 per year who should qualify for a mortgage between $101,862 and $127,328.
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 37 of all properties in this area. This corresponds to a rent of $1,118 per month and a monthly household income of $3,569 ($42,828 per year)
Nearby Companies
720 Sw 20th St
1902 Sw 19th St