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 
2824 Belmore Ct Single Family 2,213 B
11469 Anhinga Dr Single Family 2,631 B
2833 Belmore Ct Single Family 2,252 B
11470 Anhinga Dr Single Family 2,102 B
1128 Jackpine St Single Family 2,123 B
2818 Belmore Ct Single Family 2,214 B
2827 Belmore Ct Single Family 2,001 B
11491 Anhinga Dr Single Family 2,042 B
11490 Anhinga Dr Single Family 2,443 B
2821 Belmore Ct Single Family 2,285 B
1116 Jackpine St Single Family 3,128 B
2815 Belmore Ct Single Family 1,992 B
11497 Anhinga Dr Single Family 2,226 B
11498 Anhinga Dr Single Family 2,110 B
11480 Sanderling Dr Single Family 2,540 B
11486 Sanderling Dr Single Family 2,224 B
1307 Pinetta Cir Single Family 2,177 B
1171 Jackpine St Single Family 1,908 B
11478 Sanderling Dr Single Family 2,148 B
1104 Jackpine St Single Family 2,191 B
1128 Belmore Ter Single Family 1,975 B
1301 Pinetta Cir Single Family 2,199 B
1313 Pinetta Cir Single Family 1,928 B
1125 Jackpine St Single Family 2,684 B
11512 Sanderling Dr Single Family 2,154 B
11510 Anhinga Dr Single Family 2,121 B
11511 Anhinga Dr Single Family 2,146 B
1154 Jackpine St Single Family 2,022 B
1295 Pinetta Cir Single Family 2,088 B
1319 Pinetta Cir Single Family 1,703 B
1111 Jackpine St Single Family 2,268 B
1185 Jackpine St Single Family 2,423 B
11528 Sanderling Dr Single Family 2,594 B
1092 Jackpine St Single Family 2,434 B
11474 Sanderling Dr Single Family 2,958 B
1134 Belmore Ter Single Family 2,123 B
1168 Jackpine St Single Family 2,572 B
11524 Anhinga Dr Single Family 2,454 B
11527 Anhinga Dr Single Family 2,517 B
1325 Pinetta Cir Single Family 2,311 B
11481 Sanderling Dr Single Family 2,128 B
1289 Pinetta Cir Single Family 2,208 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 44 of all properties in this area. This suggests it would appeal to someone earning around $70,528 per year who should qualify for a mortgage between $141,056 and $176,320.

Annual Income Distribution - All Households (Brown), Renters (Blue)
0
10
20
30
40
50
60
70
80
90
100
$0
$36,674
$73,348
$110,022
$146,696
$70,528

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 44 of all properties in this area. This corresponds to a rent of $1,066 per month and a monthly household income of $3,625 ($43,500 per year)

Rent Range - Gross Monthly Income (Blue), Gross Rent (Green)
0
10
20
30
40
50
60
70
80
90
100
$129
$2,659
$5,189
$7,719
$10,249
$3,625
$1,066

Nearby Companies

J&E Solutions, LLC
11407 Fairfield Ct
Sgandurra Flooring LLC
2827 Belmore Ct
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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