2937 Shaughnessy Dr, 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 | |
|---|---|---|---|---|
| 2935 Shaughnessy Dr | Single Family | 3,600 | B |
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| 2941 Shaughnessy Dr | Single Family | 3,341 | B |
|
| 2931 Shaughnessy Dr | Single Family | 3,605 | B |
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| 9784 Stover Way | Single Family | 3,339 | B |
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| 9788 Stover Way | Single Family | 3,522 | B |
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| 2936 Shaughnessy Dr | Single Family | 3,478 | B |
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| 2927 Shaughnessy Dr | Single Family | 4,059 | B |
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| 2940 Shaughnessy Dr | Single Family | 3,980 | B |
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| 9792 Stover Way | Single Family | 3,478 | B |
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| 2932 Shaughnessy Dr | Single Family | 4,121 | B |
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| 2944 Shaughnessy Dr | Single Family | 2,621 | B |
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| 2928 Shaughnessy Dr | Single Family | 3,451 | B |
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| 9796 Stover Way | Single Family | 3,997 | B |
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| 2925 Shaughnessy Dr | Single Family | 3,655 | B |
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| 2948 Shaughnessy Dr | Single Family | 3,038 | B |
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| 2924 Shaughnessy Dr | Single Family | 3,398 | B |
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| 9800 Stover Way | Single Family | 4,121 | B |
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| 2952 Shaughnessy Dr | Single Family | 2,716 | B |
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| 2921 Shaughnessy Dr | Single Family | 3,453 | B |
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| 9785 Stover Way | Single Family | 3,478 | B |
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| 9789 Stover Way | Single Family | 3,453 | B |
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| 2956 Shaughnessy Dr | Single Family | 2,956 | B |
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| 9804 Stover Way | Single Family | 3,453 | B |
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| 9793 Stover Way | Single Family | 3,596 | B |
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| 2920 Shaughnessy Dr | Single Family | 3,630 | B |
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| 2917 Shaughnessy Dr | Single Family | 2,621 | B |
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| 9797 Stover Way | Single Family | 3,997 | B |
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| 2960 Shaughnessy Dr | Single Family | 3,478 | B |
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| 9808 Stover Way | Single Family | 2,813 | B |
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| 9801 Stover Way | Single Family | 3,596 | B |
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| 2916 Shaughnessy Dr | Single Family | 3,716 | B |
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| 2913 Shaughnessy Dr | Single Family | 3,630 | B |
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| 2964 Shaughnessy Dr | Single Family | 3,453 | B |
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| 2975 Shaughnessy Dr | Single Family | 3,339 | B |
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| 9805 Stover Way | Single Family | 3,354 | B |
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| 9812 Stover Way | Single Family | 3,453 | B |
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| 2979 Shaughnessy Dr | Single Family | 3,448 | B |
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| 9778 Quinn Ct | Single Family | 4,121 | B |
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| 2983 Shaughnessy Dr | Single Family | 3,596 | B |
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| 2912 Shaughnessy Dr | Single Family | 4,104 | B |
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| 2987 Shaughnessy Dr | Single Family | 3,339 | B |
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| 2911 Shaughnessy Dr | Single Family | 3,453 | B |
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| 9809 Stover Way | Single Family | 4,042 | B |
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| 9775 Quinn Ct | Single Family | 3,716 | B |
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| 2968 Shaughnessy Dr | Single Family | 3,320 | B |
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| 9774 Quinn Ct | Single Family | 3,401 | B |
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| 9816 Stover Way | Single Family | 4,083 | B |
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| 2991 Shaughnessy Dr | Single Family | 3,301 | 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 77 of all properties in this area. This suggests it would appeal to someone earning around $136,019 per year who should qualify for a mortgage between $272,038 and $340,048.
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 77 of all properties in this area. This corresponds to a rent of $1,586 per month and a monthly household income of $5,169 ($62,028 per year)
Nearby Companies
2912 Shaughnessy Dr
2916 Shaughnessy Dr
2936 Shaughnessy Dr
2944 Shaughnessy Dr
2944 Shaughnessy Dr
2921 Shaughnessy Dr
2927 Shaughnessy Dr
9789 Stover Way
9800 Stover Way
2991 Shaughnessy Dr
9775 Quinn Ct
9775 Quinn Ct
9817 Stover Way