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 
1151 Rowayton Cir Single Family 2,006 B
1187 Rowayton Cir Single Family 1,762 B
1165 Gloucester Ct Single Family 2,380 B
1203 Rowayton Cir Single Family 2,567 B
1171 Gloucester Ct Single Family 2,310 B
1173 Southport Ct Single Family 2,127 B
1156 Block Island Rd Single Family 2,278 B
1140 Block Island Rd Single Family 2,454 B
1250 Block Island Rd Forest, park or recreational area 0 L
1166 Rowayton Cir Single Family 2,778 B
1164 Block Island Rd Single Family 1,883 B
1219 Rowayton Cir Single Family 2,103 B
1155 Southport Ct Single Family 2,269 B
1176 Rowayton Cir Single Family 2,123 B
1152 Southport Ct Single Family 2,170 B
1130 Block Island Rd Single Family 2,399 B
1188 Rowayton Cir Single Family 2,172 B
1235 Rowayton Cir Single Family 1,995 B
12666 Westport Cir Single Family 1,978 B
1138 Southport Ct Single Family 1,854 B
1200 Rowayton Cir Single Family 1,653 B
12685 Westport Cir Single Family 2,371 B
1139 Southport Ct Single Family 2,464 B
1181 Gloucester Ct Single Family 2,345 B
1124 Block Island Rd Single Family 2,029 B
1251 Rowayton Cir Single Family 2,654 B
12665 Westport Cir Single Family 2,265 B
1212 Rowayton Cir Single Family 1,967 B
1182 Block Island Rd Single Family 3,012 B
1263 Rowayton Cir Single Family 2,130 B
1124 Southport Ct Single Family 2,435 B
12697 Westport Cir Single Family 2,729 B
12686 Westport Cir Single Family 2,463 B
1116 Block Island Rd Single Family 2,046 B
1275 Rowayton Cir Single Family 1,996 B
1226 Rowayton Cir Single Family 1,954 B
12923 Guilford Cir Single Family 2,948 B
1110 Southport Ct Single Family 2,938 B
1242 Rowayton Cir Single Family 2,113 B
1147 Sachem Head Ter Single Family 1,800 B
12681 Westport Cir Single Family 1,866 B
1161 Sachem Head Ter Single Family 1,556 B
1133 Sachem Head Ter Single Family 2,228 B
12713 Westport Cir Single Family 2,775 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

Big Beetle Landscaping Inc
1226 Rowayton Cir
Software Product Solutions, LLC
12713 Westport Cir
Maestro Tint & Detail LLC
1166 Rowayton Cir
Name Brand Detail LLC
1166 Rowayton Cir
Express Door Services LLC
1219 Rowayton Cir
Michos LLC
1219 Rowayton Cir
Arwood Marine & Motorsports, LLC
1140 Block Island Rd
Disclaimers and Disclosures

Public Records Data

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