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 
220 Lucerne Ave Condominium 512 B
211 Lake Ave Condominium 831 B
202 Lucerne Ave Multi-family - 10 units or more 9,284 B
4 Ocean Breeze Single Family 2,932 B
1 S Palmway Vacant Commercial 0 L
106 N O St Miscellaneous Residential (migrant camp or boarding home.) 3,420 B
10 N Palmway Multi-family - less than 10 units 1,096 B
9 N O St Office building, non-professional service building, one story 1,245 B
112 Lake Ave Multi-family - 10 units or more 3,873 B
115 N Palmway Condominium 1,318 B
115 Lucerne Ave Multi-family - less than 10 units 2,100 B
309 Lucerne Ave Multi-family - less than 10 units 4,560 B
29 S Palmway Condominium 1,020 B
109 N Palmway Multi-family - less than 10 units 1,764 B
12 Ocean Breeze Multi-family - less than 10 units 1,804 B
112 N O St Vacant Residential 0 L
302 Lucerne Ave Store, one story 2,895 B
202 N Palmway Church 11,766 B
301 Lake Ave Office building, non-professional service building, multi-story 4,752 B
117 Lake Ave Vacant Commercial 0 L
105 N O St Single Family 2,160 B
16 Ocean Breeze Multi-family - less than 10 units 2,404 B
114 N O St Multi-family - less than 10 units 1,823 B
15 S Palmway Multi-family - 10 units or more 9,557 B
112 N Palmway Church 0 L
9 Ocean Breeze Multi-family - less than 10 units 2,436 B
113 N O St Multi-family - less than 10 units 2,032 B
119 N Palmway Multi-family - less than 10 units 2,893 B
120 N O St Multi-family - less than 10 units 2,277 B
11 N Lakeside Dr Multi-family - less than 10 units 3,974 B
14 N Federal Hwy Financial institution (bank, saving and loan company, mortgage company, credit services) 3,940 B
101 Lucerne Ave Multi-family - less than 10 units 2,910 B
100 N Palmway Church 0 L
15 Ocean Breeze Single Family 1,200 B
115 N O St Single Family 1,714 B
123 N Palmway Multi-family - less than 10 units 3,025 B
24 Ocean Breeze Single Family 2,381 B
23 S Palmway Multi-family - less than 10 units 3,056 B
124 N O St Single Family 1,488 B
102 N Federal Hwy Service station 1,113 B
120 N Palmway Multi-family - less than 10 units 4,231 B
17 Ocean Breeze Multi-family - less than 10 units 2,335 B
18 S Palmway Multi-family - less than 10 units 4,011 B
117 N O St Single Family 1,006 B
319 Lake Ave Financial institution (bank, saving and loan company, mortgage company, credit services) 4,676 B
111 Lake Ave Condominium 1,007 B
111 N Lakeside Dr Multi-family - less than 10 units 3,448 B
127 N Palmway Multi-family - less than 10 units 2,232 B
28 Ocean Breeze Single Family 1,231 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.

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%.

Nearby Companies

L.A. Gutierrez Inc
302 Lucerne Ave
Fogs Brew, Inc.
309 Lucerne Ave
Sonteay Corporation
304 Lucerne Ave
Jenn'S Esthetic Spa Corp
308 Lucerne Ave
M Ocasio'S Hair Salon LLC
306 Lucerne Ave
Designs By J2, LLC
119 North Palmway
Hair By Tracy, Inc
301 Lake Ave
Liberto Therapy, LLC
309 Lake Ave
Bainbridge Mall, LLC
200 Lake Ave
29 South Palmway, Inc.
29 S Palmway
Camino Palmar, LLC
23 S Palmway
Dr. Scar, LLC
108 Lake Ave #403
Livthroughfaith Ministries Inc.
111 Lake Ave Apt 2
Disclaimers and Disclosures

Public Records Data

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