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 
1973 Prairie Rd Single Family 1,082 B
1951 Prairie Rd Single Family 1,082 B
1960 Dolphin Cir Single Family 1,381 B
1950 Dolphin Cir Vacant Residential 0 L
2766 Floweva St Single Family 2,055 B
1985 Prairie Rd Multi-family - less than 10 units 1,762 B
1970 Dolphin Cir Single Family 1,599 B
2784 Floweva St Single Family 1,958 B
2808 Dolphin Cir Single Family 1,371 B
2001 Prairie Key Rd Single Family 1,775 B
1957 Dolphin Cir Multi-family - less than 10 units 1,736 B
2005 Prairie Key Rd Single Family 1,861 B
1909 Prairie Rd Single Family 1,295 B
2852 Floweva St Multi-family - less than 10 units 1,081 B
2775 Floweva St Single Family 1,491 B
2820 Dolphin Cir Single Family 1,076 B
2789 Floweva St Single Family 1,313 B
2009 Prairie Key Rd Single Family 1,775 B
2000 Prairie Key Rd Single Family 1,775 B
2829 Dolphin Cir Single Family 1,836 B
2801 Floweva St Single Family 1,317 B
2004 Prairie Key Rd Single Family 1,775 B
2832 Dolphin Cir Single Family 1,461 B
2013 Prairie Key Rd Single Family 1,775 B
2737 Exuma Rd Single Family 1,662 B
2830 Floweva St Multi-family - less than 10 units 1,606 B
1891 Prairie Rd Multi-family - less than 10 units 1,776 B
2813 Floweva St Single Family 1,125 B
2776 Apalachee Rd Single Family 1,308 B
2008 Prairie Key Rd Single Family 1,775 B
2790 Apalachee Rd Single Family 1,308 B
2721 Exuma Rd Single Family 1,705 B
2017 Prairie Key Rd Single Family 1,775 B
2844 Dolphin Cir Single Family 1,316 B
2845 Dolphin Cir Single Family 1,648 B
1898 Prairie Rd Vacant Residential 0 L
2012 Prairie Key Rd Single Family 1,775 B
2802 Apalachee Rd Single Family 1,302 B
2825 Floweva St Single Family 1,266 B
2844 Floweva St Single Family 1,639 B
2707 Exuma Rd Single Family 1,836 B
2021 Prairie Key Rd Single Family 1,775 B
2814 Apalachee Rd Single Family 1,391 B
2016 Prairie Key Rd Single Family 1,775 B
2856 Dolphin Cir Single Family 1,706 B
2837 Floweva St Single Family 1,195 B
1879 Prairie Rd Single Family 1,626 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 47 of all properties in this area. This suggests it would appeal to someone earning around $43,455 per year who should qualify for a mortgage between $86,910 and $108,638.

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 47 of all properties in this area. This corresponds to a rent of $1,027 per month and a monthly household income of $2,828 ($33,936 per year)

Nearby Companies

Speednet Services, LLC.
2008 Prairie Key Rd
Odasor, Inc
2004 Prairie Key Rd
Indigo Scat LLC
1963 Prairie Rd
Karisma Insurance, Inc.
2028 Prairie Key Rd
Nj 906 LLC
2829 Dolphin Cir
Sh 1013 LLC
2829 Dolphin Cir
Sh 1101 LLC
2829 Dolphin Cir
Oliva Traveler Inc
2844 Floweva St
Ryan Transport Corp
2844 Floweva St
Master Skilled Corp
2784 Floweva St
Disclaimers and Disclosures

Public Records Data

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