14046 Wellington Trce, 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 | |
|---|---|---|---|---|
| 14048 Wellington Trce | Condominium | 1,075 | B |
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| 14052 Wellington Trce | Condominium | 1,075 | B |
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| 14068 Wellington Trce Unit | Condominium | 1,075 | B |
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| 14066 Wellington Trce | Condominium | 1,075 | B |
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| 14059 Wellington Trce | Multi-family - less than 10 units | 5,186 | B |
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| 14072 Wellington Trce | Condominium | 1,075 | B |
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| 14070 Wellington Trce | Condominium | 1,075 | B |
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| 14041 Wellington Trce | Multi-family - less than 10 units | 4,894 | B |
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| 14082 Wellington Trce | Multi-family - less than 10 units | 5,116 | B |
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| 14075 Wellington Trce | Multi-family - less than 10 units | 4,908 | B |
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| 14100 Wellington Trce | Single Family | 1,002 | B |
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| 14022 Wellington Trce | Multi-family - less than 10 units | 5,926 | B |
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| 14029 Wellington Trce | Vacant Residential | 0 | L | |
| 1343 Periwinkle Pl | Single Family | 1,455 | B |
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| 1341 Periwinkle Pl | Single Family | 1,455 | B |
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| 1327 Periwinkle Pl | Single Family | 1,002 | B |
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| 1353 Periwinkle Pl | Single Family | 1,234 | B |
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| 14093 Wellington Trce | Multi-family - less than 10 units | 4,968 | B |
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| 1355 Periwinkle Pl | Single Family | 1,234 | B |
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| 14102 Wellington Trce | Single Family | 1,002 | B |
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| 14106 Wellington Trce | Single Family | 1,002 | B |
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| 1329 Periwinkle Pl | Single Family | 1,002 | B |
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| 1339 Periwinkle Pl | Single Family | 1,234 | B |
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| 1337 Periwinkle Pl | Single Family | 1,234 | B |
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| 1349 Periwinkle Pl | Single Family | 1,455 | B |
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| 1471 Hawthorne Pl | Multi-family - less than 10 units | 4,166 | B |
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| 1351 Periwinkle Pl | Single Family | 1,455 | B |
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| 14104 Wellington Trce | Single Family | 1,002 | B |
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| 14116 Wellington Trce | Single Family | 1,094 | B |
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| 1325 Periwinkle Pl | Single Family | 1,002 | B |
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| 14109 Wellington Trce | Single Family | 1,002 | B |
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| 1331 Periwinkle Pl | Single Family | 1,002 | B |
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| 1433 Hawthorne Pl | Multi-family - less than 10 units | 5,926 | B |
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| 1367 Periwinkle Pl | Multi-family - less than 10 units | 6,840 | B |
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| 14120 Wellington Trce | Single Family | 1,094 | B |
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| 14111 Wellington Trce | Single Family | 1,002 | B |
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| 1313 Periwinkle Pl | Single Family | 1,500 | B |
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| 14114 Wellington Trce | Single Family | 1,330 | B |
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| 1447 Hawthorne Pl | Condominium | 1,075 | B |
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| 1449 Hawthorne Pl | Condominium | 1,075 | B |
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| 14115 Wellington Trce | Single Family | 1,002 | B |
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| 1317 Periwinkle Pl | Single Family | 1,500 | B |
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| 1483 Hawthorne Pl | Multi-family - less than 10 units | 5,456 | B |
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| 1463 Hawthorne Pl | Condominium | 1,075 | B |
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| 1465 Hawthorne Pl | Condominium | 1,075 | B |
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| 1461 Hawthorne Pl | Condominium | 1,075 | B |
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| 1459 Hawthorne Pl | Condominium | 1,075 | B |
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| 14118 Wellington Trce | Single Family | 1,330 | B |
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| 1453 Hawthorne Pl | Condominium | 1,075 | 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 17 of all properties in this area. This suggests it would appeal to someone earning around $33,114 per year who should qualify for a mortgage between $66,228 and $82,785.
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 17 of all properties in this area. This corresponds to a rent of $647 per month and a monthly household income of $2,227 ($26,724 per year)
Nearby Companies
1344 Periwinkle Pl
1349 Periwinkle Pl
14059 Wellington Trce
14059 Wellington Trce
1353 Periwinkle Pl
1353 Periwinkle Pl
1458 Hawthorne Pl
13870 Wellington Trce
1487 Hawthorne Pl
1438 Hawthorne Pl
1438 Hawthorne Pl
1305 Periwinkle Pl