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 
532 20th Ave N Condominium 1,127 B
501 20th Ave N Single Family 1,469 B
509 20th Ave N Single Family 1,250 B
502 20th Ave N Multi-family - less than 10 units 2,498 B
515 20th Ave N Single Family 1,142 B
518 20th Ave N Single Family 1,017 B
1905 Florida St Auto sales, auto repair and storage or auto service shop 1,163 B
517 20th Ave N Multi-family - less than 10 units 1,834 B
1919 N Dixie Hwy Nightclub, cocktail lounge or bar 1,500 B
1916 Florida St Single Family 1,032 B
2001 N Dixie Hwy Hotel or motel 4,063 B
520 20th Ave N Single Family 1,474 B
521 20th Ave N Multi-family - less than 10 units 1,819 B
501 21st Ave N Single Family 1,680 B
509 21st Ave N Multi-family - less than 10 units 2,192 B
1112 19th Ave N Single Family 1,224 B
515 21st Ave N Single Family 1,029 B
2011 N Dixie Hwy Store, one story 3,828 B
1104 19th Ave N Single Family 1,399 B
1114 19th Ave N Single Family 1,284 B
1901 Florida St Auto sales, auto repair and storage or auto service shop 1,710 B
525 20th Ave N Single Family 1,329 B
517 21st Ave N Single Family 1,332 B
1901 N Dixie Hwy Service station 1,296 B
2013 N Dixie Hwy Office building, non-professional service building, one story 2,266 B
1124 19th Ave N Single Family 950 B
525 21st Ave N Single Family 1,080 B
2015 N Dixie Hwy Store, one story 2,007 B
529 20th Ave N Single Family 891 B
527 21st Ave N Single Family 1,486 B
1902 N Dixie Hwy Auto sales, auto repair and storage or auto service shop 958 B
1914 N Dixie Hwy Mixed use - store and office or store and residential or residential combination 4,612 B
1126 19th Ave N Multi-family - less than 10 units 1,941 B
529 21st Ave N Single Family 1,085 B
1828 N Dixie Hwy Store, one story 2,150 B
506 21st Ave N Single Family 1,972 B
502 21st Ave N Single Family 1,473 B
514 21st Ave N Single Family 1,861 B
1826 N Dixie Hwy Mixed use - store and office or store and residential or residential combination 3,192 B
2000 N Dixie Hwy Store, one story 5,150 B
518 21st Ave N Single Family 991 B
1134 19th Ave N Multi-family - less than 10 units 2,079 B
522 21st Ave N Single Family 868 B
1919 N East Coast Ave Single Family 1,230 B
1915 N East Coast Ave Multi-family - less than 10 units 1,842 B
1911 N East Coast Ave Multi-family - less than 10 units 1,842 B
1115 19th Ave N Multi-family - less than 10 units 3,899 B
2005 N East Coast Ave Single Family 1,209 B
1119 19th Ave N Single Family 904 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 8 of all properties in this area. This suggests it would appeal to someone earning around $13,323 per year who should qualify for a mortgage between $26,646 and $33,308.

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 8 of all properties in this area. This corresponds to a rent of $666 per month and a monthly household income of $1,553 ($18,636 per year)

Nearby Companies

Wireless Freedom Vii LLC
2105 N Dixie Hwy
Almonte Bakery Inc
2111 N Dixie Hwy
Dlk Petroleum Inc.
1901 N Dixie Hwy
Carwash Angeles Inc
1901 North Dixie Hwy
Harry'S Open Door, Inc.
1919 N Dixie Hwy
Basic Dollar Auto Sales LLC
1902 N Dixie Hwy
The Polished Penny LLC
1914 N Dixie Hwy
Yasmeen Group Inc
2000 North Dixie Hwy
Y2k Enterprises, LLC
2000 N Dixie Hwy
H&H Future Investments LLC
2000 N Dixie Hwy
Api Draper, Inc.
2011 N Dixie Hwy
Lncl Group, LLC
502 21st Ave N
Junior Tree Service, Inc.
1135 North 19th Ave
Mendoza Export Services Inc
1135 North 19th Ave
Thirsty Services LLC
525 20th Ave N
Mora Industries, Inc.
529 21st Ave N
Disclaimers and Disclosures

Public Records Data

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