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 
13436 Northumberland Cir Single Family 3,018 B
1349 Brampton Cv Single Family 2,513 B
1337 Brampton Cv Single Family 3,048 B
13346 Chelmsford St Single Family 2,862 B
13430 Northumberland Cir Single Family 2,862 B
13446 Northumberland Cir Forest, park or recreational area 0 L
13443 Northumberland Cir Single Family 3,534 B
1325 Brampton Cv Single Family 2,655 B
13454 Northumberland Cir Single Family 2,963 B
13424 Northumberland Cir Single Family 2,592 B
13368 Chelmsford St Single Family 3,145 B
13425 Northumberland Cir Single Family 2,713 B
1360 Brampton Cv Single Family 2,615 B
1336 Brampton Cv Single Family 2,752 B
1313 Brampton Cv Single Family 2,745 B
13449 Northumberland Cir Single Family 2,907 B
13460 Northumberland Cir Single Family 2,779 B
1324 Brampton Cv Single Family 3,024 B
13419 Northumberland Cir Single Family 2,715 B
13369 Chelmsford St Single Family 3,032 B
1451 Wiltshire Village Dr Single Family 3,185 B
13390 Chelmsford St Single Family 2,999 B
13418 Northumberland Cir Single Family 3,028 B
1301 Brampton Cv Single Family 3,329 B
1465 Wiltshire Village Dr Single Family 2,976 B
1396 Brampton Cv Single Family 2,860 B
1384 Brampton Cv Single Family 3,336 B
13455 Northumberland Cir Single Family 2,800 B
1312 Brampton Cv Single Family 2,605 B
1373 Brampton Cv Single Family 2,876 B
13466 Northumberland Cir Single Family 3,277 B
13393 Chelmsford St Single Family 2,748 B
1259 Reading Ter Single Family 2,656 B
1275 Reading Ter Single Family 2,699 B
13412 Chelmsford St Single Family 2,728 B
13412 Northumberland Cir Vacant Residential 0 L
1408 Brampton Cv Single Family 2,971 B
1385 Brampton Cv Single Family 3,056 B
1289 Brampton Cv Single Family 2,387 B
13461 Northumberland Cir Single Family 2,736 B
1243 Reading Ter Single Family 2,714 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 63 of all properties in this area. This suggests it would appeal to someone earning around $100,754 per year who should qualify for a mortgage between $201,508 and $251,885.

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 63 of all properties in this area. This corresponds to a rent of $1,324 per month and a monthly household income of $4,397 ($52,764 per year)

Nearby Companies

Sky Club Music LLC
13455 Northumberland Cir
Soto Lawn Care, Inc.
13442 Northumberland Cir
Melia'S Kitchen, Inc
13419 Northumberland Cir
Elite Pharmaceuticals, Inc.
1312 Brampton Cv
Newage Home Inspection, LLC
1373 Brampton Cv
G & J Capital LLC
1324 Brampton Cv
Disclaimers and Disclosures

Public Records Data

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