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 
127 Lakeview Ave Single Family 1,851 B
211 Lakeview Ave Multi-family - less than 10 units 4,330 B
121 Lakeview Ave Multi-family - less than 10 units 1,880 B
219 Lakeview Ave Undefined - Reserved for Use by Department of Revenue 0 L
119 Lakeview Ave Multi-family - less than 10 units 2,001 B
215 Lakeview Ave Multi-family - less than 10 units 2,643 B
128 Lakeview Ave Single Family 330 B
124 Lakeview Ave Multi-family - less than 10 units 1,491 B
111 Lakeview Ave Multi-family - less than 10 units 1,116 B
214 Lakeview Ave Single Family 943 C
118 Lakeview Ave Multi-family - less than 10 units 3,792 B
207 Sunrise Ave Single Family 1,536 B
123 Sunrise Ave Single Family 1,124 B
119 Sunrise Ave Multi-family - less than 10 units 1,124 B
704 N Dixie Hwy Hotel or motel 4,722 B
48 View St Cooperative 981 B
45 View St Cooperative 908 C
46 View St Cooperative 754 B
47 View St Cooperative 880 B
44 View St Cooperative 821 B
41 View St Cooperative 806 B
43 View St Cooperative 1,092 B
42 View St Cooperative 562 B
211 Sunrise Ave Multi-family - less than 10 units 3,234 B
52 View St Cooperative 760 B
50 View St Cooperative 716 B
51 View St Cooperative 0 L
49 View St Cooperative 1,170 B
40 View St Cooperative 588 B
37 View St Cooperative 1,104 B
38 View St Cooperative 1,070 B
39 View St Cooperative 593 B
54 View St Cooperative 795 B
36 View St Cooperative 864 C
35 View St Cooperative 683 B
34 View St Cooperative 998 B
113 Sunrise Ave Multi-family - less than 10 units 2,717 B
610 N Dixie Hwy Store, one story 4,908 B
56 View St Cooperative 871 B
58 View St Cooperative 798 B
614 N Dixie Hwy Store, one story 1,540 B
31 View St Cooperative 756 B
32 View St Cooperative 624 B
33 View St Cooperative 852 B
30 View St Undefined - Reserved for Use by Department of Revenue 0 L
29 View St Cooperative 750 B
27 View St Cooperative 672 B
23 View St Cooperative 826 B
25 View St Cooperative 852 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 22 of all properties in this area. This suggests it would appeal to someone earning around $27,990 per year who should qualify for a mortgage between $55,980 and $69,975.

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 22 of all properties in this area. This corresponds to a rent of $802 per month and a monthly household income of $2,078 ($24,936 per year)

Nearby Companies

Immedia Inc.
36 View St
Unique Items LLC
219 Lakeview Ave 105
Emerald House, Inc.
219 Lakeview Ave
Emerald Investments, Corp.
222 Lakeview Ave Apt 1
Hoboken Lake Worth LLC
720 N Dixie Highway Unit 404
Disclaimers and Disclosures

Public Records Data

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