822 8th Ln, Palm Beach Gardens
Palm Beach County Real Estate - Palm Beach Gardens
Palm Beach Gardens is in South East Florida. It's population as recorded in the 2010 Census was 48,452. Palm Beach Gardens is approximately 67 miles from Hialeah (population 224,669) and around 48 miles from Fort Lauderdale (population 165,521).
The median age for residents of Palm Beach Gardens is 48.3. Around 20.8% of Palm Beach Gardens households include school aged children and 37.2% of households include individuals aged 65 years or over. Census records indicate 89.2% of the Palm Beach Gardens population are White, 4.4% are Black or African American, .1% American Indian, 3.1% Asian and 1.6% are Two or more Races.
There are 27,663 housing units in Palm Beach Gardens. 4,859 (17.5%) of these were reported as vacant in the 2010 Census. Palm Beach Gardens is a tourist destination, 56.1% (2,726) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 7,196 residential rental units in Palm Beach Gardens. 6,327 of them were occupied in 2010 providing a residential rental vacancy rate of 11.1%.
Palm Beach Gardens links:
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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 | |
|---|---|---|---|---|
| 821 8th Ln | Single Family | 1,596 | B |
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| 823 8th Ln | Single Family | 1,596 | B |
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| 824 8th Ln | Single Family | 1,596 | B |
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| 819 8th Ln | Single Family | 1,596 | B |
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| 820 8th Ln | Single Family | 1,596 | B |
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| 606 6th Ln | Single Family | 1,596 | B |
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| 605 6th Ln | Single Family | 1,596 | B |
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| 813 8th Ln | Single Family | 1,596 | B |
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| 816 8th Ln | Single Family | 1,596 | B |
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| 818 8th Ln | Single Family | 1,596 | B |
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| 814 8th Ln | Single Family | 1,596 | B |
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| 603 6th Ln | Single Family | 1,596 | B |
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| 815 8th Ln | Single Family | 1,596 | B |
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| 607 6th Ln | Single Family | 1,596 | B |
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| 817 8th Ln | Single Family | 1,596 | B |
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| 604 6th Ln | Single Family | 1,596 | B |
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| 801 8th Ln | Single Family | 1,596 | B |
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| 802 8th Ln | Single Family | 1,596 | B |
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| 608 6th Ln | Single Family | 1,596 | B |
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| 602 6th Ln | Single Family | 1,596 | B |
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| 609 6th Ln | Single Family | 1,596 | B |
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| 601 6th Ln | Single Family | 1,596 | B |
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| 812 8th Ln | Single Family | 1,596 | B |
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| 730 7th Ln | Single Family | 1,596 | B |
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| 610 6th Ln | Single Family | 1,596 | B |
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| 804 8th Ln | Single Family | 1,596 | B |
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| 803 8th Ln | Single Family | 1,596 | B |
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| 729 7th Ln | Single Family | 1,596 | B |
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| 811 8th Ln | Single Family | 1,596 | B |
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| 809 8th Ln | Single Family | 1,596 | B |
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| 612 6th Ln | Single Family | 1,596 | B |
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| 727 7th Ln | Single Family | 1,596 | B |
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| 611 6th Ln | Single Family | 1,596 | B |
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| 728 7th Ln | Single Family | 1,596 | B |
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| 701 7th Ln | Single Family | 1,596 | B |
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| 810 8th Ln | Single Family | 1,596 | B |
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| 805 8th Ln | Single Family | 1,596 | B |
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| 704 7th Ln | Single Family | 1,596 | B |
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| 806 8th Ln | Single Family | 1,596 | B |
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| 705 7th Ln | Single Family | 1,596 | B |
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| 502 5th Ln | Single Family | 1,596 | B |
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| 807 8th Ln | Single Family | 1,596 | B |
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| 725 7th Ln | Single Family | 1,596 | B |
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| 726 7th Ln | Single Family | 1,596 | B |
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| 702 7th Ln | Single Family | 1,596 | B |
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| 1020 10th Ln | Single Family | 1,596 | B |
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| 703 7th Ln | Single Family | 1,596 | B |
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| 1019 10th Ln | Single Family | 1,596 | B |
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| 706 7th Ln | Single Family | 1,596 | B |
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Local Household Income
The median household income in this part of Florida is $85,423. The bottom 10% of the population earn less than $25,310 per year. The top 10% earn more than $291,096 per year. The top 1% earn more than $691,178 per year. Most renters earn between $35,844 (20th percentile) and $67,212 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $170,846 and $213,558.
The tax assessed value of this property places it in percentile 24 of all properties in this area. This suggests it would appeal to someone earning around $44,504 per year who should qualify for a mortgage between $89,008 and $111,260.
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 $1,276. Most renters earn between $2,987 and $5,601 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $944 (20th percentile) to $1,734 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 24 of all properties in this area. This corresponds to a rent of $991 per month and a monthly household income of $3,111 ($37,332 per year)
Nearby Companies
613 6th Ln
611 6th Ln
811 8th Ln
806 8th Ln