1438 The 12th Fairway, 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 | |
---|---|---|---|---|
1450 The 12th Fairway | Single Family | 2,338 | B | |
1426 The 12th Fairway | Single Family | 2,539 | B | |
11706 Whitemarsh Dr | Single Family | 2,388 | B | |
11690 Whitemarsh Dr | Single Family | 2,209 | B | |
1462 The 12th Fairway | Single Family | 2,089 | B | |
1414 The 12th Fairway | Single Family | 1,916 | B | |
11722 Whitemarsh Dr | Single Family | 2,449 | B | |
1439 The 12th Fairway | Single Family | 1,892 | B | |
11676 Whitemarsh Dr | Single Family | 2,183 | B | |
1451 The 12th Fairway | Single Family | 2,619 | B | |
11662 Whitemarsh Dr | Single Family | 1,985 | B | |
1463 The 12th Fairway | Single Family | 3,898 | B | |
1402 The 12th Fairway | Single Family | 2,493 | B | |
1478 The 12th Fairway | Single Family | 2,315 | B | |
11738 Whitemarsh Dr | Single Family | 2,151 | B | |
11775 Laurel Valley Cir | Single Family | 1,994 | B | |
11784 Laurel Valley Cir | Single Family | 2,294 | B | |
1475 The 12th Fairway | Single Family | 2,258 | B | |
11691 Whitemarsh Dr | Single Family | 2,039 | B | |
11731 Whitemarsh Dr | Single Family | 2,337 | B | |
11648 Whitemarsh Dr | Single Family | 3,096 | B | |
11677 Whitemarsh Dr | Single Family | 2,436 | B | |
11747 Laurel Valley Cir | Single Family | 1,896 | B | |
11754 Whitemarsh Dr | Single Family | 2,419 | B | |
11774 Laurel Valley Cir | Single Family | 1,806 | B | |
1462 Wyndcliff Dr | Single Family | 2,408 | B | |
1486 The 12th Fairway | Single Family | 2,691 | B | |
1487 The 12th Fairway | Single Family | 2,614 | B | |
1452 Wyndcliff Dr | Single Family | 2,230 | B | |
11721 Laurel Valley Cir | Single Family | 2,134 | B | |
11665 Whitemarsh Dr | Single Family | 2,237 | B | |
1491 Merion Ct | Single Family | 1,972 | B | |
1442 Wyndcliff Dr | Single Family | 1,911 | B | |
11634 Whitemarsh Dr | Single Family | 2,514 | B | |
11770 Whitemarsh Dr | Single Family | 2,341 | B | |
11711 Laurel Valley Cir | Single Family | 2,083 | B | |
11762 Laurel Valley Cir | Single Family | 1,998 | B | |
1342 Wyndcliff Dr | Single Family | 2,352 | B | |
1352 Wyndcliff Dr | Single Family | 2,181 | B | |
1332 Wyndcliff Dr | Single Family | 1,918 | B | |
1498 The 12th Fairway | Single Family | 2,979 | B | |
1482 Wyndcliff Dr | Single Family | 1,914 | B | |
11633 Whitemarsh Dr | Single Family | 2,452 | B | |
1432 Wyndcliff Dr | Single Family | 2,143 | B | |
1328 Wyndcliff Dr | Single Family | 2,076 | B | |
11752 Laurel Valley Cir | Single Family | 2,529 | B |
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 45 of all properties in this area. This suggests it would appeal to someone earning around $71,859 per year who should qualify for a mortgage between $143,718 and $179,648.
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 45 of all properties in this area. This corresponds to a rent of $1,077 per month and a monthly household income of $3,686 ($44,232 per year)
Nearby Companies
1472 Wyndcliff Dr
11770 Whitemarsh Dr
11770 Whitemarsh Dr
11770 Whitemarsh Dr
11770 Whitemarsh Dr
11775 Laurel Valley Cir
11691 Whitemarsh Dr
11752 Laurel Valley Cir