1594 Shaker Cir, Wellington
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:
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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 | |
|---|---|---|---|---|
| 1596 Shaker Cir | Single Family | 1,577 | B |
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| 1592 Shaker Cir | Single Family | 1,577 | B |
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| 1590 Shaker Cir | Single Family | 1,577 | B |
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| 1600 Shaker Cir | Single Family | 1,622 | B |
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| 1598 Shaker Cir | Single Family | 1,622 | B |
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| 1586 Shaker Cir | Single Family | 1,622 | B |
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| 1602 Shaker Cir | Single Family | 1,622 | B |
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| 1588 Shaker Cir | Single Family | 1,622 | B |
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| 1604 Shaker Cir | Single Family | 1,622 | B |
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| 1584 Shaker Cir | Single Family | 1,622 | B |
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| 11984 Shakerwood Ln | Single Family | 1,622 | B |
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| 11986 Shakerwood Ln | Single Family | 1,622 | B |
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| 1582 Shaker Cir | Single Family | 1,622 | B |
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| 1577 Shaker Cir | Single Family | 1,577 | B |
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| 1608 Shaker Cir | Single Family | 1,577 | B |
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| 1606 Shaker Cir | Single Family | 1,577 | B |
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| 12018 Basin St E | Single Family | 1,428 | B |
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| 11982 Shakerwood Ln | Single Family | 1,622 | B |
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| 1575 Shaker Cir | Single Family | 1,577 | B |
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| 11988 Shakerwood Ln | Single Family | 1,622 | B |
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| 12022 Basin St E | Single Family | 1,428 | B |
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| 12012 Basin St E | Single Family | 1,428 | B |
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| 1579 Shaker Cir | Single Family | 1,577 | B |
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| 12028 Basin St N | Single Family | 1,428 | B |
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| 11995 Shakerwood Ln | Single Family | 1,577 | B |
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| 12008 Basin St E | Single Family | 1,428 | B |
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| 1610 Shaker Cir | Single Family | 1,577 | B |
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| 1612 Shaker Cir | Single Family | 1,577 | B |
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| 1573 Shaker Cir | Single Family | 1,577 | B |
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| 12016 Basin St E | Single Family | 1,428 | B |
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| 12024 Basin St E | Single Family | 1,428 | B |
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| 12014 Basin St E | Single Family | 1,428 | B |
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| 12026 Basin St E | Single Family | 1,428 | B |
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| 12002 Basin St E | Single Family | 1,428 | B |
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| 11993 Shakerwood Ln | Single Family | 1,577 | B |
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| 11997 Shakerwood Ln | Single Family | 1,577 | B |
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| 12006 Basin St E | Single Family | 1,428 | B |
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| 11974 Shakerwood Ln | Single Family | 1,577 | B |
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| 11976 Shakerwood Ln | Single Family | 1,577 | B |
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| 1569 Shaker Cir | Single Family | 1,577 | B |
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| 11999 Shakerwood Ln | Single Family | 1,577 | B |
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| 12004 Basin St E | Single Family | 1,428 | B |
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| 1567 Shaker Cir | Single Family | 1,577 | B |
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| 12033 Basin St N | Single Family | 1,428 | B |
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| 1614 Shaker Cir | Single Family | 1,577 | B |
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| 11972 Shakerwood Ln | Single Family | 1,577 | B |
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| 11978 Shakerwood Ln | Single Family | 1,577 | B |
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| 1616 Shaker Cir | Single Family | 1,577 | B |
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| 11985 Shakerwood Ln | Single Family | 1,577 | B |
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Local Household Income
The median household income in this part of Florida is $78,588. The bottom 10% of the population earn less than $23,201 per year. The top 10% earn more than $210,922 per year. The top 1% earn more than $612,589 per year. Most renters earn between $28,404 (20th percentile) and $65,052 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $157,176 and $196,470.
The tax assessed value of this property places it in percentile 14 of all properties in this area. This suggests it would appeal to someone earning around $28,685 per year who should qualify for a mortgage between $57,370 and $71,713.
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 $1,145. Most renters earn between $2,367 and $5,421 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $694 (20th percentile) to $1,677 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 14 of all properties in this area. This corresponds to a rent of $592 per month and a monthly household income of $2,094 ($25,128 per year)
Nearby Companies
12033 Basin St N
12000 Basin St
1626 Shaker Cir
11912 S Basin St
12024 E Basin St
1612 Shaker Cir
1619 Shaker Cir
1619 Shaker Cir
1081 Big Torch St
11984 Shakerwood Ln
1544 Shaker Cir
11911 Suellen Cir