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 
1609 18th Ave N Single Family 2,031 B
1605 18th Ave N Single Family 1,683 B
1701 18th Ave N Single Family 2,012 B
1601 18th Ave N Single Family 1,438 B
1702 N A St Single Family 2,592 B
1618 17th Ave N Single Family 1,421 B
1702 18th Ave N Single Family 1,906 B
1606 17th Ave N Single Family 1,538 B
1533 18th Ave N Single Family 1,434 B
1709 18th Ave N Single Family 2,355 B
1706 17th Ave N Single Family 2,277 B
1829 N A St Condominium 734 B
1616 18th Ave N Single Family 2,446 B
1536 17th Ave N Single Family 1,321 B
1610 18th Ave N Single Family 1,167 B
1608 18th Ave N Single Family 1,761 B
1710 18th Ave N Single Family 2,290 B
1527 18th Ave N Single Family 1,718 B
1534 17th Ave N Single Family 1,297 B
1602 18th Ave N Single Family 1,380 B
1710 17th Ave N Single Family 1,625 B
1715 18th Ave N Single Family 1,650 B
1525 18th Ave N Single Family 1,153 B
1534 18th Ave N Single Family 1,380 B
1530 17th Ave N Single Family 1,330 B
1716 18th Ave N Single Family 1,925 B
1528 18th Ave N Single Family 1,368 B
1528 17th Ave N Single Family 1,419 B
1523 18th Ave N Single Family 1,254 B
1615 17th Ave N Single Family 1,612 B
1721 18th Ave N Single Family 2,491 B
1720 17th Ave N Single Family 2,106 B
1526 18th Ave N Single Family 1,360 B
1722 18th Ave N Single Family 1,361 B
1522 17th Ave N Single Family 1,091 B
1615 19th Ave N Single Family 1,540 B
1517 18th Ave N Single Family 1,462 B
1611 19th Ave N Single Family 1,656 B
1701 17th Ave N Single Family 3,019 B
1605 19th Ave N Single Family 1,656 B
1605 17th Ave N Single Family 2,170 B
1522 18th Ave N Single Family 1,350 B
1603 19th Ave N Single Family 2,497 B
1601 17th Ave N Single Family 1,477 B
1727 18th Ave N Single Family 1,924 B
1518 17th Ave N Single Family 1,208 B
1711 17th Ave N Single Family 2,167 B
1616 N A St Single Family 1,854 B
1726 17th Ave N Single Family 2,106 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 33 of all properties in this area. This suggests it would appeal to someone earning around $39,186 per year who should qualify for a mortgage between $78,372 and $97,965.

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 33 of all properties in this area. This corresponds to a rent of $917 per month and a monthly household income of $2,365 ($28,380 per year)

Nearby Companies

Leonard'S Auto Repair, Inc.
1722 18th Avenue North
Quiapparel LLC
1829 N A St Apt 61
Disclaimers and Disclosures

Public Records Data

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