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 
214 Sunrise Ave Multi-family - less than 10 units 1,973 B
211 Sunrise Ave Multi-family - less than 10 units 3,234 B
206 Sunrise Ave Multi-family - less than 10 units 3,053 B
207 Sunrise Ave Single Family 1,536 B
202 Sunrise Ave Multi-family - less than 10 units 2,772 B
123 Sunrise Ave Single Family 1,124 B
211 Croton Ave Single Family 1,056 B
212 Croton Ave Vacant Residential 0 L
214 Lakeview Ave Single Family 943 C
207 Croton Ave Multi-family - less than 10 units 1,508 B
225 Croton Ave Multi-family - 10 units or more 14,208 B
128 Lakeview Ave Single Family 330 B
203 Croton Ave Single Family 1,426 B
221 Sunrise Ave Single Family 3,385 B
119 Sunrise Ave Multi-family - less than 10 units 1,124 B
198 Sunrise Ave Multi-family - less than 10 units 1,468 B
123 Croton Ave Multi-family - less than 10 units 1,503 B
124 Lakeview Ave Multi-family - less than 10 units 1,491 B
218 Lakeview Ave Multi-family - less than 10 units 12,211 B
301 Croton Ave Condominium 702 B
300 Croton Ave Condominium 1,039 B
240 Croton Ave Unit 211 Condominium 808 B
240 Croton Ave Unit 210 Condominium 620 B
240 Croton Ave Unit 209 Condominium 656 B
240 Croton Ave Unit 208 Condominium 882 B
240 Croton Ave Unit 206 Condominium 809 B
240 Croton Ave Unit 205 Condominium 837 B
240 Croton Ave Unit 204 Condominium 882 B
240 Croton Ave Unit 203 Condominium 656 B
240 Croton Ave Unit 202 Condominium 620 B
240 Croton Ave Unit 201 Condominium 808 B
240 Croton Ave Unit 111 Condominium 808 B
240 Croton Ave Unit 110 Condominium 620 B
240 Croton Ave Unit 109 Condominium 620 B
240 Croton Ave Unit 108 Condominium 837 B
240 Croton Ave Unit 107 Condominium 837 B
240 Croton Ave Unit 106 Condominium 620 B
240 Croton Ave Unit 105 Condominium 837 B
240 Croton Ave Unit 104 Condominium 882 B
240 Croton Ave Unit 103 Condominium 656 B
240 Croton Ave Unit 102 Condominium 620 B
240 Croton Ave Unit 101 Condominium 808 B
240 Croton Ave Unit 207 Condominium 837 B
225 Sunrise Ave Single Family 1,395 B
220 Croton Ave Unit 111 Condominium 808 B
220 Croton Ave Unit 109 Condominium 656 B
220 Croton Ave Unit 106 Condominium 620 B
220 Croton Ave Unit 105 Condominium 837 B
220 Croton Ave Unit 102 Condominium 620 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 73 of all properties in this area. This suggests it would appeal to someone earning around $95,717 per year who should qualify for a mortgage between $191,434 and $239,293.

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 73 of all properties in this area. This corresponds to a rent of $1,262 per month and a monthly household income of $3,390 ($40,680 per year)

Nearby Companies

Unique Items LLC
219 Lakeview Ave 105
Emerald House, Inc.
219 Lakeview Ave
Emerald Investments, Corp.
222 Lakeview Ave Apt 1
Pb Minstral LLC
200 Croton Ave
Arias Projects LLC
220 Croton Ave
Aaa Computer Design, Inc
240 Croton Ave
Pb Tova LLC
240 Croton Ave
Pb Yuval LLC
240 Croton Ave
G.J. Piesco Inc.
301 Croton Ave
Disclaimers and Disclosures

Public Records Data

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