400 Alemeda Dr, Palm Springs
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 | |
|---|---|---|---|---|
| 794 Springdale Cir | Single Family | 1,540 | B |
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| 404 Alemeda Dr | Single Family | 1,572 | B |
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| 813 Springdale Cir | Single Family | 1,372 | B |
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| 793 Springdale Cir | Single Family | 1,372 | B |
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| 356 Alemeda Dr | Single Family | 2,058 | B |
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| 792 Springdale Cir | Single Family | 1,372 | B |
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| 814 Springdale Cir | Single Family | 1,372 | B |
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| 811 Springdale Cir | Single Family | 1,372 | B |
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| 791 Springdale Cir | Single Family | 1,372 | B |
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| 812 Springdale Cir | Single Family | 1,372 | B |
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| 469 Gulfstream Rd | Single Family | 1,506 | B |
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| 408 Alemeda Dr | Single Family | 1,561 | B |
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| 784 Springdale Cir | Single Family | 1,540 | B |
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| 803 Springdale Cir | Single Family | 1,540 | B |
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| 783 Springdale Cir | Single Family | 1,540 | B |
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| 804 Springdale Cir | Single Family | 1,540 | B |
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| 774 Springdale Cir | Single Family | 1,540 | B |
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| 782 Springdale Cir | Single Family | 1,540 | B |
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| 801 Springdale Cir | Single Family | 1,540 | B |
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| 468 Fontana Dr | Single Family | 1,458 | B |
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| 468 Gulfstream Rd | Single Family | 1,511 | B |
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| 781 Springdale Cir | Single Family | 1,540 | B |
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| 772 Springdale Cir | Single Family | 1,540 | B |
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| 352 Alemeda Dr | Single Family | 1,996 | B |
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| 802 Springdale Cir | Single Family | 1,540 | B |
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| 833 Springdale Cir | Single Family | 1,372 | B |
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| 465 Gulfstream Rd | Single Family | 1,610 | B |
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| 773 Springdale Cir | Single Family | 1,540 | B |
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| 831 Springdale Cir | Single Family | 1,372 | B |
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| 412 Alemeda Dr | Single Family | 1,505 | B |
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| 764 Springdale Cir | Single Family | 1,540 | B |
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| 771 Springdale Cir | Single Family | 1,540 | B |
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| 834 Springdale Cir | Single Family | 1,372 | B |
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| 823 Springdale Cir | Single Family | 1,540 | B |
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| 762 Springdale Cir | Single Family | 1,540 | B |
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| 464 Fontana Dr | Single Family | 1,834 | B |
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| 832 Springdale Cir | Single Family | 1,372 | B |
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| 763 Springdale Cir | Single Family | 1,540 | B |
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| 464 Gulfstream Rd | Single Family | 1,522 | B |
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| 821 Springdale Cir | Single Family | 1,540 | B |
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| 348 Alemeda Dr | Single Family | 2,071 | B |
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| 761 Springdale Cir | Single Family | 1,540 | B |
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| 824 Springdale Cir | Single Family | 1,540 | B |
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| 461 Gulfstream Rd | Single Family | 1,941 | B |
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| 465 San Fernando Dr | Single Family | 1,562 | B |
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| 416 Alemeda Dr | Single Family | 1,642 | B |
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| 822 Springdale Cir | Single Family | 1,540 | B |
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| 734 Springdale Cir | Single Family | 1,540 | B |
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| 853 Springdale Cir | Single Family | 1,372 | 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 91 of all properties in this area. This suggests it would appeal to someone earning around $115,299 per year who should qualify for a mortgage between $230,598 and $288,248.
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 91 of all properties in this area. This corresponds to a rent of $1,604 per month and a monthly household income of $4,322 ($51,864 per year)
Nearby Companies
174 Springdale Cir
174 Springdale Cir
469 Fontana Dr
371 Springdale Cir #37a
404 Alemeda Dr
400 Alemeda Dr
713 Springdale Cir
252 Springdale Cir
693 Springdale Cir