6425 Apple Way, Lake Clarke Shores
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 | |
|---|---|---|---|---|
| 1736 Carambola Rd | Single Family | 2,060 | B |
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| 6437 Apple Way | Single Family | 2,262 | B |
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| 6424 Travis Rd | Single Family | 2,136 | B |
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| 1744 Carambola Rd | Single Family | 1,988 | B |
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| 6434 Travis Rd | Single Family | 2,395 | B |
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| 6420 Apple Way | Single Family | 2,013 | B |
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| 6430 Apple Way | Single Family | 2,389 | B |
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| 1728 Carambola Rd | Single Family | 2,910 | B |
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| 6505 Apple Way | Single Family | 2,279 | B |
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| 2289 Carambola Rd | Single Family | 1,762 | B |
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| 6506 Apple Way | Single Family | 2,363 | B |
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| 2303 Carambola Rd | Single Family | 1,662 | B |
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| 6508 Travis Rd | Single Family | 3,615 | B |
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| 6401 Travis Rd | Single Family | 2,869 | B |
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| 6423 Heather Way | Single Family | 2,178 | B |
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| 2277 Carambola Rd | Single Family | 1,751 | B |
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| 6427 Travis Rd | Single Family | 2,210 | B |
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| 2340 Carambola Rd | County Owned | 0 | L | |
| 1716 Carambola Rd | Single Family | 2,087 | B |
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| 2315 Carambola Rd | Single Family | 2,008 | B |
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| 6431 Heather Way | Single Family | 2,144 | B |
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| 2271 Carambola Rd | Single Family | 1,940 | B |
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| 6517 Apple Way | Single Family | 2,613 | B |
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| 1855 Travis Rd | Single Family | 2,752 | B |
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| 1760 Carambola Rd | Single Family | 2,691 | B |
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| 6503 Heather Way | Single Family | 2,291 | B |
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| 6516 Apple Way | Single Family | 3,845 | B |
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| 1174 Jason Way | Single Family | 2,334 | B |
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| 1840 Travis Rd | Single Family | 2,134 | B |
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| 1168 Jason Way | Single Family | 2,782 | B |
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| 1865 Travis Cir | Single Family | 2,102 | B |
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| 1164 Jason Way | Single Family | 2,138 | B |
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| 1178 Jason Way | Single Family | 2,121 | B |
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| 1199 Cherlynn Ter | Single Family | 2,756 | B |
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| 1861 Travis Cir | Single Family | 1,999 | B |
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| 1800 Carambola Rd | Single Family | 3,294 | B |
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| 6418 Heather Way | Single Family | 2,160 | B |
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| 6515 Heather Way | Single Family | 2,319 | B |
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| 2365 Carambola Rd | Single Family | 2,481 | B |
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| 1702 Carambola Rd | Single Family | 2,361 | B |
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| 6428 Heather Way | Single Family | 2,040 | B |
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| 1850 Travis Rd | Single Family | 2,235 | B |
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| 1191 Cherlynn Ter | Single Family | 2,339 | B |
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| 1719 Mango Cir | Single Family | 2,745 | B |
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| 1158 Jason Way | Single Family | 2,833 | B |
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| 2353 Carambola Rd | Single Family | 2,351 | B |
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| 6504 Heather Way | Single Family | 2,071 | B |
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| 1820 Carambola Rd | Single Family | 3,755 | B |
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Local Household Income
The median household income in this part of Florida is $45,914. The bottom 10% of the population earn less than $15,196 per year. The top 10% earn more than $110,931 per year. The top 1% earn more than $275,274 per year. Most renters earn between $27,132 (20th percentile) and $44,184 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $91,828 and $114,785.
The tax assessed value of this property places it in percentile 90 of all properties in this area. This suggests it would appeal to someone earning around $110,931 per year who should qualify for a mortgage between $221,862 and $277,328.
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 $1,048. Most renters earn between $2,261 and $3,682 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $816 (20th percentile) to $1,318 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 90 of all properties in this area. This corresponds to a rent of $1,558 per month and a monthly household income of $4,254 ($51,048 per year)
Nearby Companies
6424 Travis Rd
6424 Travis Rd
6508 Travis Rd
6508 Travis Rd
6508 Travis Rd
6508 Travis Rd
6508 Travis Rd
6508 Travis Rd
6508 Travis Rd
6508 Travis Rd
6508 Travis Rd
6508 Travis Rd
6508 Travis Rd
6508 Travis Rd
6508 Travis Rd
6425 Apple Way
6517 Apple Way
1175 Jason Way
1175 Jason Way
1164 Jason Way
1920 Carambola Rd
1728 Carambola Rd
1191 Cherlynn Ter
1715 Mango Cir