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 
1317 Alho Dr Single Family 869 C
1311 Alho Dr Single Family 1,015 C
1319 Alho Dr Single Family 876 C
1309 Alho Dr Single Family 1,015 C
1321 Alho Dr Single Family 876 C
1307 Alho Dr Single Family 876 C
1325 Alho Dr Single Family 1,038 C
1305 Alho Dr Single Family 876 C
1312 Alho Dr Single Family 1,009 C
1314 Alho Dr Single Family 1,009 C
1310 Alho Dr Single Family 905 C
1320 Alho Dr Single Family 876 C
1308 Alho Dr Single Family 1,007 C
1327 Alho Dr Single Family 978 C
1322 Alho Dr Single Family 1,040 C
1306 Alho Dr Single Family 995 C
1301 Alho Dr Multi-family - less than 10 units 2,086 C
1324 Alho Dr Single Family 876 C
1304 Alho Dr Single Family 1,040 C
1329 Alho Dr Single Family 876 C
1326 Alho Dr Single Family 876 C
1302 Alho Dr Single Family 1,087 C
1331 Alho Dr Single Family 1,044 C
1330 Alho Dr Single Family 865 C
1300 Alho Dr Single Family 1,087 C
1314 New World Ave Single Family 1,657 B
1333 Alho Dr Single Family 1,010 C
1308 New World Ave Single Family 1,565 B
1332 Alho Dr Single Family 865 C
1320 New World Ave Single Family 1,680 B
1335 Alho Dr Single Family 1,010 C
1334 Alho Dr Single Family 891 C
1326 New World Ave Single Family 1,934 B
1336 Alho Dr Single Family 991 C
1337 Alho Dr Single Family 954 C
1332 New World Ave Single Family 1,584 B
1340 Alho Dr Single Family 959 C
1339 Alho Dr Single Family 876 C
1342 Alho Dr Single Family 959 C
1345 Alho Dr Single Family 882 C
1338 New World Ave Single Family 1,396 B
1302 New World Ave Condominium 965 B
815 Andrew Redding Rd Condominium 925 B
1347 Alho Dr Single Family 881 C
620 Ridge Rd Single Family 1,266 B
1315 New World Ave Single Family 1,484 B
1309 New World Ave Single Family 1,358 B
1321 New World Ave Multi-family - less than 10 units 1,737 B
1303 New World Ave Multi-family - less than 10 units 2,160 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 11 of all properties in this area. This suggests it would appeal to someone earning around $17,128 per year who should qualify for a mortgage between $34,256 and $42,820.

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 11 of all properties in this area. This corresponds to a rent of $697 per month and a monthly household income of $1,721 ($20,652 per year)

Nearby Companies

Redding Manor, Inc.
815 Andrew Redding Rd
Andres Medina P.A
1303 New World Ave
Acordia Center, Inc.
1320 New World Ave
Kes Services, LLC
1314 New World Ave
Guttersweeps, Inc.
1314 New World Ave
Phs Services, LLC
1308 New World Ave
Green Lane Apartments, Incorporated
1611 Green Lane Unit 11
Reiska-Properteis Inc.
722 Ridge Rd
Resume Express, Inc.
722 Ridge Rd Unit 11
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.