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 
9669 Wyeth Ct Single Family 2,949 B
9677 Wyeth Ct Single Family 2,281 B
9665 Wyeth Ct Single Family 2,867 B
9681 Wyeth Ct Single Family 2,867 B
9661 Wyeth Ct Single Family 2,867 B
9685 Wyeth Ct Single Family 3,235 B
9670 Wolcott Pl Single Family 2,682 B
9674 Wolcott Pl Single Family 2,867 B
9666 Wolcott Pl Single Family 2,949 B
9678 Wolcott Pl Single Family 2,538 B
9664 Wolcott Pl Single Family 3,272 B
9657 Wyeth Ct Single Family 2,281 B
9672 Wyeth Ct Single Family 2,538 B
9668 Wyeth Ct Single Family 2,682 B
9658 Wolcott Pl Single Family 3,192 B
9662 Wyeth Ct Single Family 2,908 B
9680 Wyeth Ct Single Family 2,600 B
9682 Wolcott Pl Single Family 2,792 B
9653 Wyeth Ct Single Family 2,903 B
9660 Wyeth Ct Single Family 2,682 B
9654 Wolcott Pl Single Family 2,949 B
9656 Wyeth Ct Single Family 2,662 B
9649 Wyeth Ct Single Family 2,768 B
9650 Wolcott Pl Single Family 2,682 B
9728 Woodworth Ct Single Family 3,250 B
9720 Woodworth Ct Single Family 3,192 B
9712 Woodworth Ct Single Family 3,192 B
9646 Wolcott Pl Single Family 2,538 B
9645 Wyeth Ct Single Family 3,458 B
9736 Woodworth Ct Single Family 3,192 B
9700 Wyeth Ct Single Family 2,867 B
9648 Wyeth Ct Single Family 3,235 B
9642 Wolcott Pl Single Family 2,908 B
9641 Wyeth Ct Single Family 2,867 B
9744 Woodworth Ct Single Family 3,250 B
9644 Wyeth Ct Single Family 2,726 B
9704 Wyeth Ct Single Family 2,867 B
9638 Wolcott Pl Single Family 2,538 B
9705 Wyeth Ct Single Family 2,867 B
9640 Wyeth Ct Single Family 2,538 B
9637 Wyeth Ct Single Family 3,264 B
9752 Woodworth Ct Single Family 2,682 B
9706 Wyeth Ct Single Family 2,682 B
9521 Worswick Ct Single Family 4,737 B
9515 Worswick Ct Single Family 4,709 B
9707 Wyeth Ct Single Family 3,293 B
9529 Worswick Ct Single Family 4,485 B
9505 Worswick Ct Single Family 2,808 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

Pearl Upholstery LLC
9736 Woodworth Ct
Triple X Softball, Inc.
9736 Woodworth Ct
Vonchi LLC
9707 Wyeth Ct
Anna Koenig LLC
9709 Wyeth Ct
Beth Warner Holdings LLC
9673 Wyeth Ct
Wise Vest Financial, LLC
9673 Wyeth Ct
Cavt Investment Group LLC
9505 Worswick Ct
Jones Law Pl
9657 Wyeth Ct
Miller Jones Inc
9657 Wyeth Ct
Disclaimers and Disclosures

Public Records Data

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