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 
1415 Lakeview Dr Single Family 1,615 B
1401 Lakeview Dr Single Family 2,237 B
1406 High Ridge Rd Single Family 1,593 B
1412 High Ridge Rd Single Family 2,113 B
1355 Crest Dr Single Family 1,532 B
1412 Lakeview Dr Single Family 1,831 B
1421 Lakeview Dr Single Family 1,718 B
1406 Lakeview Dr Single Family 1,847 B
1418 Lakeview Dr Single Family 2,233 B
1418 High Ridge Rd Single Family 0 B
1424 Lakeview Dr Single Family 1,724 B
1337 Crest Dr Single Family 2,067 B
1425 Lakeview Dr Single Family 1,637 B
1413 Hillcrest Dr Single Family 1,807 B
High Ridge Rd Single Family 2,386 B
1356 Crest Dr Single Family 1,716 B
1362 Crest Dr Single Family 2,438 B
1419 Hillcrest Dr Single Family 2,162 B
1407 Hillcrest Dr Single Family 1,687 B
1350 Crest Dr Single Family 1,610 B
1428 Lakeview Dr Single Family 1,546 B
1405 High Ridge Rd Single Family 1,426 B
1403 High Ridge Rd Single Family 1,590 B
1425 Hillcrest Dr Single Family 1,758 B
1429 Lakeview Dr Single Family 1,586 B
1344 Crest Dr Single Family 1,885 B
1333 Crest Dr Single Family 1,814 B
1407 High Ridge Rd Single Family 1,684 B
1426 High Ridge Rd Single Family 1,713 B
1432 Lakeview Dr Single Family 1,318 B
1429 Hillcrest Dr Single Family 1,661 B
1409 High Ridge Rd Single Family 1,848 B
1338 Crest Dr Single Family 1,693 B
3820 Lake Osborne Dr Single Family 2,922 B
3814 Lake Osborne Dr Single Family 1,235 B
1433 Lakeview Dr Single Family 1,490 B
1408 Crest Dr Single Family 1,599 B
3808 Lake Osborne Dr Single Family 2,552 B
1403 Tahoe Ct Single Family 1,641 B
1411 High Ridge Rd Single Family 1,446 B
1433 Hillcrest Dr Single Family 1,913 B
1405 Tahoe Ct Single Family 2,640 B
1414 High Ridge Rd Single Family 1,559 B
1436 Lakeview Dr Single Family 1,435 B
1403 Crest Dr Single Family 1,641 B
1332 Crest Dr Single Family 2,230 B
3802 Lake Osborne Dr Single Family 1,847 B
5144 Lake Osborne Dr Vacant Residential 0 L

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 45 of all properties in this area. This suggests it would appeal to someone earning around $53,400 per year who should qualify for a mortgage between $106,800 and $133,500.

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 45 of all properties in this area. This corresponds to a rent of $1,002 per month and a monthly household income of $2,607 ($31,284 per year)

Nearby Companies

Gotta-Go Impact Windows Inc.
1409 Lakeview Dr
Jmc Tower, LLC
3732 Lake Osborne Dr
South Florida Sanctuary Inc
3732 Lake Osborne Dr
Jc & Sy Funding, Corporation
3732 Lake Osborne Dr
Yesenia Capodanno Pa
3732 Lake Osborne Dr
Capt Matt'S Pool Service Inc
1411 High Ridge Rd
Copilot Carrier Inc
1433 Lakeview Dr
Tim'S Tile, Inc.
1418 Lakeview Dr
Aaa Pro Screening Inc
1429 Lakeview Dr
Disclaimers and Disclosures

Public Records Data

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