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 
167 Bryn Mawr Dr Single Family 2,895 B
151 Bryn Mawr Dr Single Family 2,071 B
166 Harvard Dr Single Family 2,765 B
162 Harvard Dr Single Family 2,633 B
168 Harvard Dr Single Family 1,240 B
171 Bryn Mawr Dr Single Family 1,881 B
145 Bryn Mawr Dr Single Family 1,816 B
158 Bryn Mawr Dr Single Family 2,368 B
150 Harvard Dr Single Family 1,194 B
170 Harvard Dr Single Family 1,344 B
164 Bryn Mawr Dr Single Family 2,710 B
154 Bryn Mawr Dr Single Family 2,339 B
174 Harvard Dr Single Family 1,907 B
177 Bryn Mawr Dr Single Family 1,946 B
141 Bryn Mawr Dr Single Family 1,860 B
144 Harvard Dr Single Family 2,943 B
170 Bryn Mawr Dr Single Family 1,549 B
178 Harvard Dr Single Family 1,892 B
178 Bryn Mawr Dr Single Family 2,997 B
142 Bryn Mawr Dr Single Family 1,978 B
183 Bryn Mawr Dr Single Family 2,293 B
137 Bryn Mawr Dr Single Family 2,983 B
161 Vassar Dr Single Family 2,036 B
159 Harvard Dr Single Family 1,662 B
157 Harvard Dr Single Family 1,474 B
136 Harvard Dr Single Family 1,458 B
165 Harvard Dr Single Family 1,655 B
165 Vassar Dr Single Family 1,406 B
155 Vassar Dr Single Family 2,137 B
182 Harvard Dr Single Family 1,902 B
151 Harvard Dr Single Family 2,318 B
167 Harvard Dr Single Family 1,659 B
173 Vassar Dr Single Family 1,623 B
145 Harvard Dr Single Family 1,924 B
149 Vassar Dr Single Family 2,419 B
182 Bryn Mawr Dr Single Family 1,931 B
136 Bryn Mawr Dr Single Family 2,384 B
177 Harvard Dr Single Family 2,555 B
141 Harvard Dr Single Family 1,585 B
177 Vassar Dr Single Family 1,647 B
131 Bryn Mawr Dr Single Family 2,111 B
187 Bryn Mawr Dr Single Family 2,375 B
145 Vassar Dr Single Family 1,893 B
128 Harvard Dr Single Family 2,012 B
190 Harvard Dr Single Family 1,929 B
135 Harvard Dr Single Family 1,424 B
179 Harvard Dr Single Family 1,787 B
188 Bryn Mawr Dr Single Family 2,019 B
130 Bryn Mawr Dr Single Family 2,440 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 75 of all properties in this area. This suggests it would appeal to someone earning around $100,188 per year who should qualify for a mortgage between $200,376 and $250,470.

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 75 of all properties in this area. This corresponds to a rent of $1,287 per month and a monthly household income of $3,479 ($41,748 per year)

Nearby Companies

Major Tms, LLC
177 Harvard Dr
Boheme Publishing, LLC
174 Harvard Dr
Eom Properties LLC
137 Bryn Mawr Dr
Eom-1 Properties LLC
137 Bryn Mawr Dr
Liana Verkaden Inc
170 Bryn Mawr
Hhh Enterprises Inc
158 Yale Dr
Disclaimers and Disclosures

Public Records Data

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