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 
1310 N F St Single Family 1,204 B
1316 N F St Single Family 1,517 B
1320 N F St Single Family 1,237 B
1201 Crestwood Blvd Single Family 1,100 B
1302 N F St Single Family 1,361 B
1322 N F St Single Family 1,199 B
1205 Crestwood Blvd Single Family 1,595 B
1200 13th Ave N Single Family 1,440 B
1326 N F St Single Family 1,199 B
1202 Crestwood Blvd Single Family 1,607 B
1303 Central Ter Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 9,571 B
1211 Crestwood Blvd Single Family 1,545 B
1328 N F St Single Family 1,199 B
1230 N F St Single Family 1,299 B
1206 Crestwood Blvd Single Family 1,064 B
1208 13th Ave N Single Family 973 B
1319 Central Ter Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 5,000 B
1334 N F St Single Family 1,239 B
1201 14th Ave N Single Family 1,788 B
1210 Crestwood Blvd Single Family 889 B
1226 N F St Single Family 1,207 B
1212 13th Ave N Single Family 780 B
1217 Crestwood Blvd Single Family 1,160 B
1231 N F St Multi-family - less than 10 units 1,684 B
1205 14th Ave N Single Family 1,169 B
1135 Crestwood Blvd Multi-family - less than 10 units 2,103 B
1212 Crestwood Blvd Single Family 1,246 B
1222 N F St Single Family 1,210 B
1221 Crestwood Blvd Single Family 1,246 B
1015 13th Ave N Single Family 874 B
1331 Central Ter Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 2,553 B
1218 13th Ave N Single Family 1,057 B
1225 N F St Single Family 1,126 B
1014 13th Ave N Single Family 1,083 B
1213 14th Ave N Single Family 951 B
1222 Crestwood Blvd Single Family 909 B
1131 Crestwood Blvd Multi-family - less than 10 units 1,181 B
1218 N F St Single Family 1,608 B
1225 Crestwood Blvd Single Family 1,166 B
1011 13th Ave N Single Family 1,190 B
1152 14th Ave N Single Family 1,467 B
1154 14th Ave N Single Family 1,188 B
1219 13th Ave N Single Family 1,061 B
1226 Crestwood Blvd Single Family 911 B
1202 14th Ave N Single Family 988 B
1006 13th Ave N Single Family 1,175 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 21 of all properties in this area. This suggests it would appeal to someone earning around $26,851 per year who should qualify for a mortgage between $53,702 and $67,128.

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 21 of all properties in this area. This corresponds to a rent of $791 per month and a monthly household income of $2,037 ($24,444 per year)

Nearby Companies

Niseido House LLC
1224 13th Avenue N
Niseido Ju Jitsu Honbu, LLC
1224 13th Avenue N
New Generation Church Of God Inc.
1125 Crestwood Blvd
J.C. Plumbing Company, Inc.
1327 Central Ter
T&S 1, LLC
1327 Central Ter
Counihan Construction LLC
1327 Central Ter
T&S2, LLC
1327 Central Ter
T&S4 LLC
1327 Central Ter
T&S6 LLC
1327 Central Ter
Kaplan Plumbing LLC.
1319 Central Ter
Hackl Pool Construction Co.
1331 Central Ter
Disclaimers and Disclosures

Public Records Data

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