12721 Whitby St, 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 | |
|---|---|---|---|---|
| 12715 Kingsway Rd | Single Family | 3,002 | B |
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| 12705 Whitby St | Single Family | 2,697 | B |
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| 12712 Whitby St | Single Family | 2,633 | B |
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| 12724 Whitby St | Single Family | 3,529 | B |
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| 12725 Kingsway Rd | Single Family | 3,050 | B |
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| 12689 Whitby St | Single Family | 3,002 | B |
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| 12700 Whitby St | Single Family | 2,683 | B |
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| 12710 Kingsway Rd | Single Family | 2,585 | B |
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| 12722 Kingsway Rd | Single Family | 2,953 | B |
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| 12688 Whitby St | Single Family | 2,350 | B |
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| 12671 Buckland St | Single Family | 2,902 | B |
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| 12685 Buckland St | Single Family | 2,589 | B |
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| 12698 Kingsway Rd | Single Family | 2,572 | B |
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| 12735 Kingsway Rd | Single Family | 3,280 | B |
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| 12673 Whitby St | Single Family | 2,596 | B |
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| 2225 Portland Ct | Single Family | 3,012 | B |
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| 12657 Buckland St | Single Family | 2,350 | B |
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| 12734 Kingsway Rd | Single Family | 2,613 | B |
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| 2195 Portland Ct | Single Family | 2,845 | B |
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| 12670 Whitby St | Single Family | 2,725 | B |
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| 12643 Buckland St | Single Family | 2,653 | B |
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| 12686 Kingsway Rd | Single Family | 2,889 | B |
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| 12745 Newton Pl | Single Family | 2,665 | B |
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| 12735 Newton Pl | Single Family | 3,005 | B |
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| 2245 Seaford Dr | Single Family | 3,163 | B |
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| 2042 Amesbury Cir | Single Family | 3,045 | B |
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| 2036 Amesbury Cir | Single Family | 2,751 | B |
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| 12755 Newton Pl | Single Family | 2,747 | B |
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| 12740 Kingsway Rd | Single Family | 2,656 | B |
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| 2175 Portland Ct | Single Family | 2,717 | B |
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| 12629 Buckland St | Single Family | 2,479 | B |
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| 2230 Portland Ct | Single Family | 2,656 | B |
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| 12725 Newton Pl | Single Family | 2,590 | B |
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| 2257 Seaford Dr | Single Family | 3,810 | B |
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| 12674 Buckland St | Single Family | 2,887 | B |
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| 12688 Buckland St | Single Family | 3,767 | B |
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| 2048 Amesbury Cir | Single Family | 2,949 | B |
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| 12660 Buckland St | Single Family | 2,455 | B |
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| 12702 Buckland St | Single Family | 3,259 | B |
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| 12641 Whitby St | Single Family | 3,132 | 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 71 of all properties in this area. This suggests it would appeal to someone earning around $117,862 per year who should qualify for a mortgage between $235,724 and $294,655.
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 71 of all properties in this area. This corresponds to a rent of $1,471 per month and a monthly household income of $4,765 ($57,180 per year)
Nearby Companies
12702 Buckland St
12745 Newton Pl
12671 Buckland St
12671 Buckland St
12700 Whitby St
12735 Kingsway Rd
12735 Kingsway Rd
12735 Kingsway Rd
12725 Kingsway Rd
12688 Whitby St
12688 Whitby St
12689 Whitby St
12689 Whitby St
2230 Portland Ct
2175 Portland Ct