1315 Alho Dr, Lake Worth
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 | |
---|---|---|---|---|
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)
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