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 
394 Springdale Cir Single Family 1,192 B
391 Springdale Cir Single Family 1,192 B
384 Springdale Cir Single Family 1,192 B
393 Springdale Cir Single Family 1,192 B
383 Springdale Cir Single Family 1,192 B
402 Springdale Cir Single Family 1,192 B
382 Springdale Cir Single Family 1,192 B
401 Springdale Cir Single Family 1,192 B
381 Springdale Cir Single Family 1,192 B
770 Lori Dr Condominium 696 B
404 Springdale Cir Single Family 1,192 B
374 Springdale Cir Single Family 1,192 B
403 Springdale Cir Single Family 1,192 B
372 Springdale Cir Single Family 1,192 B
373 Springdale Cir Single Family 1,192 B
352 Springdale Cir Single Family 1,113 B
412 Springdale Cir Single Family 1,192 B
411 Springdale Cir Single Family 1,192 B
354 Springdale Cir Single Family 1,113 B
371 Springdale Cir Single Family 1,192 B
362 Springdale Cir Single Family 1,113 B
414 Springdale Cir Single Family 1,192 B
413 Springdale Cir Single Family 1,192 B
351 Springdale Cir Single Family 1,113 B
353 Springdale Cir Single Family 1,113 B
344 Springdale Cir Single Family 1,192 B
361 Springdale Cir Single Family 1,113 B
342 Springdale Cir Single Family 1,192 B
363 Springdale Cir Single Family 1,113 B
422 Springdale Cir Single Family 1,113 B
432 Springdale Cir Single Family 1,192 B
343 Springdale Cir Single Family 1,192 B
431 Springdale Cir Single Family 1,192 B
341 Springdale Cir Single Family 1,192 B
421 Springdale Cir Single Family 1,113 B
424 Springdale Cir Single Family 1,113 B
434 Springdale Cir Single Family 1,192 B
433 Springdale Cir Single Family 1,192 B
423 Springdale Cir Single Family 1,113 B
442 Springdale Cir Single Family 1,113 B
1985 Tucker Rd Condominium 792 B
302 Springdale Cir Single Family 1,192 B
304 Springdale Cir Single Family 1,192 B
294 Springdale Cir Single Family 1,192 B
1983 Palm Acres Dr Single Family 545 B
452 Springdale Cir Single Family 1,192 B
1984 Palm Acres Dr Condominium 792 B
1982 Palm Acres Dr Condominium 792 B
451 Springdale Cir Single Family 1,192 B

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 30 of all properties in this area. This suggests it would appeal to someone earning around $30,143 per year who should qualify for a mortgage between $60,286 and $75,358.

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 30 of all properties in this area. This corresponds to a rent of $907 per month and a monthly household income of $2,521 ($30,252 per year)

Nearby Companies

Melqui Mujica Co.
1984 Palm Acres Dr
Castle Tile Co
1984 Palm Acres Dr
El Yero Barber Shop, LLC
1964 Palm Acres Dr
Sea Breezes Pool Service, Inc
1962 Palm Acres Dr
Dary23 Transport LLC
332 Springdale Cir
Arisam Transport LLC
413 Springdale Cir
Sam Gl Truck LLC
413 Springdale Cir
Hulsman Style, Inc.
770 Lori Dr
Disclaimers and Disclosures

Public Records Data

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