11894 Banyan St, 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%.
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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 | |
---|---|---|---|---|
11878 Banyan St | Single Family | 2,301 | B | |
11910 Banyan St | Single Family | 2,172 | B | |
11895 Hemlock St | Single Family | 2,805 | B | |
11909 Hemlock St | Single Family | 2,704 | B | |
11864 Banyan St | Single Family | 2,030 | B | |
11924 Banyan St | Single Family | 2,567 | B | |
11895 Banyan St | Single Family | 2,360 | B | |
11865 Hemlock St | Single Family | 2,308 | B | |
11923 Hemlock St | Single Family | 2,387 | B | |
11909 Banyan St | Single Family | 2,058 | B | |
11877 Banyan St | Single Family | 2,342 | B | |
11848 Banyan St | Single Family | 2,115 | B | |
11923 Banyan St | Single Family | 1,912 | B | |
11865 Banyan St | Single Family | 2,016 | B | |
11849 Hemlock St | Single Family | 2,356 | B | |
11939 Hemlock St | Single Family | 2,261 | B | |
11898 Hemlock St | Single Family | 1,920 | B | |
11886 Hemlock St | Single Family | 2,159 | B | |
11914 Hemlock St | Single Family | 2,359 | B | |
11894 Butternut St | Single Family | 2,953 | B | |
11939 Banyan St | Single Family | 1,995 | B | |
11849 Banyan St | Single Family | 3,154 | B | |
11870 Hemlock St | Single Family | 1,963 | B | |
11910 Butternut St | Single Family | 2,329 | B | |
11878 Butternut St | Single Family | 2,404 | B | |
11832 Banyan St | Single Family | 1,863 | B | |
11954 Banyan St | Single Family | 2,764 | B | |
11833 Hemlock St | Single Family | 1,939 | B | |
11928 Hemlock St | Single Family | 2,418 | B | |
11924 Butternut St | Single Family | 2,283 | B | |
11864 Butternut St | Single Family | 2,685 | B | |
11955 Hemlock St | Single Family | 2,324 | B | |
11854 Hemlock St | Single Family | 2,115 | B | |
11833 Banyan St | Single Family | 2,020 | B | |
11942 Hemlock St | Single Family | 2,063 | B | |
11955 Banyan St | Single Family | 2,219 | B | |
11940 Butternut St | Single Family | 2,382 | B | |
11848 Butternut St | Single Family | 2,044 | B | |
11897 Birch St | Single Family | 2,159 | B | |
11885 Birch St | Single Family | 1,854 | B | |
11819 Hemlock St | Single Family | 2,427 | B | |
11818 Banyan St | Single Family | 1,941 | B | |
11913 Birch St | Single Family | 1,819 | B | |
11838 Hemlock St | Single Family | 2,045 | B | |
11869 Birch St | Single Family | 2,161 | B | |
11927 Birch St | Single Family | 2,335 | B | |
11956 Hemlock St | Single Family | 2,087 | B | |
4320 Linden Ave | Single Family | 3,131 | B | |
11853 Birch St | Single Family | 2,036 | B |
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 56 of all properties in this area. This suggests it would appeal to someone earning around $97,364 per year who should qualify for a mortgage between $194,728 and $243,410.
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 56 of all properties in this area. This corresponds to a rent of $1,352 per month and a monthly household income of $4,265 ($51,180 per year)
Nearby Companies
11838 Hemlock St
11848 Butternut St
11853 Birch St
11870 Hemlock St
11885 Birch St
11885 Birch St
11885 Birch St
11878 Banyan St
11913 Birch St
11913 Birch St
11924 Butternut St
11924 Butternut St
11928 Hemlock St
11954 Banyan St
11941 Birch St
11956 Hemlock St
4320 Linden Ave