1535 Westchester Ave, 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 | |
|---|---|---|---|---|
| 1539 Westchester Ave | Single Family | 1,459 | B |
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| 1531 Westchester Ave | Single Family | 1,737 | B |
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| 1543 Westchester Ave | Single Family | 1,459 | B |
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| 1527 Westchester Ave | Single Family | 1,637 | B |
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| 1547 Westchester Ave | Single Family | 1,643 | B |
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| 1523 Westchester Ave | Single Family | 1,643 | B |
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| 1551 Westchester Ave | Single Family | 1,643 | B |
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| 1519 Westchester Ave | Single Family | 1,737 | B |
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| 13840 Creston Pl | Single Family | 1,737 | B |
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| 1534 Westchester Ave | Single Family | 1,737 | B |
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| 1538 Westchester Ave | Single Family | 1,643 | B |
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| 1559 Westchester Ave | Single Family | 1,737 | B |
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| 1530 Westchester Ave | Single Family | 1,737 | B |
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| 1542 Westchester Ave | Single Family | 1,737 | B |
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| 1526 Westchester Ave | Single Family | 1,643 | B |
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| 1522 Westchester Ave | Single Family | 1,643 | B |
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| 1563 Westchester Ave | Single Family | 1,459 | B |
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| 1518 Westchester Ave | Single Family | 1,737 | B |
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| 1567 Westchester Ave | Single Family | 1,643 | B |
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| 1571 Westchester Ave | Single Family | 1,737 | B |
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| 13876 Creston Pl | Single Family | 1,737 | B |
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| 13870 Creston Pl | Single Family | 1,643 | B |
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| 13864 Creston Pl | Single Family | 1,459 | B |
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| 1511 Buckingham Ave | Single Family | 1,643 | B |
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| 1515 Buckingham Ave | Single Family | 1,643 | B |
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| 1507 Buckingham Ave | Single Family | 1,737 | B |
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| 1519 Buckingham Ave | Single Family | 1,737 | B |
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| 13858 Creston Pl | Single Family | 1,459 | B |
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| 1503 Buckingham Ave | Single Family | 1,737 | B |
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| 1499 Buckingham Ave | Single Family | 1,459 | B |
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| 1495 Buckingham Ave | Single Family | 1,643 | B |
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| 13852 Creston Pl | Single Family | 1,643 | B |
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| 13846 Creston Pl | Single Family | 1,737 | B |
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| 13932 Morning Glory Dr | Multi-family - less than 10 units | 5,241 | B |
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| 13931 Morning Glory Dr | Multi-family - less than 10 units | 5,805 | B |
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| 1512 Buckingham Ave | Single Family | 1,737 | B |
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| 1516 Buckingham Ave | Single Family | 1,460 | B |
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| 1508 Buckingham Ave | Single Family | 1,737 | B |
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| 1520 Buckingham Ave | Single Family | 1,643 | B |
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| 1504 Buckingham Ave | Single Family | 1,643 | B |
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| 13968 Morning Glory Dr | Single Family | 1,310 | B |
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| 1500 Buckingham Ave | Single Family | 1,643 | B |
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| 1617 Hull Ct | Single Family | 2,628 | B |
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| 1490 Buckingham Ave | Single Family | 1,737 | B |
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| 1616 Hull Ct | Single Family | 2,318 | B |
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| 13962 Morning Glory Dr | Single Family | 1,569 | B |
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| 13828 Creston Pl | Single Family | 1,737 | B |
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| 13964 Morning Glory Dr | Single Family | 1,310 | B |
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| 13822 Creston Pl | Single Family | 1,643 | 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 27 of all properties in this area. This suggests it would appeal to someone earning around $47,475 per year who should qualify for a mortgage between $94,950 and $118,688.
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 27 of all properties in this area. This corresponds to a rent of $799 per month and a monthly household income of $2,793 ($33,516 per year)
Nearby Companies
1567 Westchester Ave
1526 Westchester Ave
1534 Westchester Ave
13870 Creston Pl
13870 Creston Pl
1508 Buckingham Ave
1520 Buckingham Ave
13931 Morning Glory Dr
13931 Morning Glory Dr
13931 Morning Glory Dr