1929 Palm Acres 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%.
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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 | |
---|---|---|---|---|
1933 Palm Acres Dr | Condominium | 860 | B | |
1931 Palm Acres Dr | Condominium | 860 | B | |
1927 Palm Acres Dr | Condominium | 860 | B | |
1937 Palm Acres Dr | Condominium | 860 | B | |
1939 Palm Acres Dr | Condominium | 860 | B | |
1935 Palm Acres Dr | Condominium | 1,261 | B | |
1925 Palm Acres Dr | Condominium | 1,261 | B | |
1950 Palm Acres Dr | Condominium | 792 | B | |
1952 Palm Acres Dr | Condominium | 792 | B | |
1934 Palm Acres Dr | Multi-family - less than 10 units | 3,468 | B | |
1916 Palm Acres Dr | Multi-family - less than 10 units | 3,328 | B | |
1962 Palm Acres Dr | Condominium | 792 | B | |
1964 Palm Acres Dr | Condominium | 792 | B | |
1975 Palm Acres Dr | Single Family | 3,052 | B | |
1902 Palm Acres Dr | Multi-family - less than 10 units | 3,328 | B | |
1901 Palm Acres Dr | Multi-family - less than 10 units | 3,580 | B | |
1982 Palm Acres Dr | Condominium | 792 | B | |
1984 Palm Acres Dr | Condominium | 792 | B | |
1951 Tucker Rd | Condominium | 792 | B | |
1949 Tucker Rd | Condominium | 792 | B | |
1963 Tucker Rd | Condominium | 792 | B | |
1961 Tucker Rd | Condominium | 792 | B | |
1887 Palm Acres Dr | Multi-family - less than 10 units | 3,366 | B | |
1983 Palm Acres Dr | Single Family | 545 | B | |
1936 Richard Ln | Single Family | 3,003 | B | |
1983 Tucker Rd | Condominium | 792 | B | |
1920 Richard Ln | Single Family | 3,132 | B | |
1985 Tucker Rd | Condominium | 792 | B | |
1958 Richard Ln | Single Family | 5,561 | B | |
1871 Palm Acres Dr | Multi-family - less than 10 units | 2,190 | B | |
1896 Richard Ln | Single Family | 2,385 | B | |
1838 Palm Acres Dr | Multi-family - 10 units or more | 14,400 | B | |
1882 Richard Ln | Single Family | 2,333 | B | |
371 Springdale Cir | Single Family | 1,192 | B | |
372 Springdale Cir | Single Family | 1,192 | B | |
1935 Richard Ln | Single Family | 2,771 | B | |
342 Springdale Cir | Single Family | 1,192 | B | |
381 Springdale Cir | Single Family | 1,192 | B | |
341 Springdale Cir | Single Family | 1,192 | B | |
1841 Palm Acres Dr | Multi-family - less than 10 units | 8,308 | B | |
3636 Maria Theresa Ave | Single Family | 2,090 | B | |
1981 Tucker Rd | Single Family | 2,859 | B | |
1951 Richard Ln | Single Family | 2,938 | B | |
382 Springdale Cir | Single Family | 1,192 | B | |
292 Springdale Cir | Single Family | 1,192 | B | |
373 Springdale Cir | Single Family | 1,192 | B | |
374 Springdale Cir | Single Family | 1,192 | B | |
1860 Richard Ln | Single Family | 2,680 | B | |
383 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 18 of all properties in this area. This suggests it would appeal to someone earning around $21,530 per year who should qualify for a mortgage between $43,060 and $53,825.
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 18 of all properties in this area. This corresponds to a rent of $796 per month and a monthly household income of $2,138 ($25,656 per year)
Nearby Companies
1984 Palm Acres Dr
1984 Palm Acres Dr
1964 Palm Acres Dr
1962 Palm Acres Dr
1962 Palm Acres Dr
1951 Richard Ln
1901 Palm Acres Dr