13503 Brixham 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 | |
---|---|---|---|---|
13481 Brixham St | Single Family | 2,761 | B | |
13611 Northumberland Cir | Single Family | 2,919 | B | |
13605 Northumberland Cir | Single Family | 2,653 | B | |
13617 Northumberland Cir | Single Family | 2,931 | B | |
13502 Brixham St | Single Family | 2,852 | B | |
13459 Brixham St | Single Family | 2,199 | B | |
13547 Brixham St | Single Family | 2,922 | B | |
13480 Brixham St | Single Family | 2,082 | B | |
13524 Brixham St | Single Family | 2,126 | B | |
13599 Northumberland Cir | Single Family | 2,859 | B | |
13458 Brixham St | Vacant Residential | 0 | L | |
13546 Brixham St | Single Family | 2,845 | B | |
13437 Brixham St | Single Family | 2,863 | B | |
13479 Chelmsford St | Single Family | 2,693 | B | |
13610 Northumberland Cir | Single Family | 2,354 | B | |
13616 Northumberland Cir | Single Family | 2,878 | B | |
13457 Chelmsford St | Single Family | 2,879 | B | |
13629 Northumberland Cir | Single Family | 2,848 | B | |
13501 Chelmsford St | Single Family | 2,412 | B | |
13604 Northumberland Cir | Single Family | 2,526 | B | |
13436 Brixham St | Single Family | 2,877 | B | |
13622 Northumberland Cir | Single Family | 2,756 | B | |
13435 Chelmsford St | Single Family | 2,935 | B | |
13523 Chelmsford St | Single Family | 2,207 | B | |
13598 Northumberland Cir | Single Family | 2,608 | B | |
1265 Torrington Ave | Single Family | 2,936 | B | |
1281 Torrington Ave | Single Family | 2,727 | B | |
1249 Torrington Ave | Single Family | 2,515 | B | |
1297 Torrington Ave | Single Family | 2,650 | B | |
13628 Northumberland Cir | Single Family | 2,739 | B | |
13592 Northumberland Cir | Single Family | 2,846 | B | |
13413 Chelmsford St | Single Family | 3,240 | B | |
1313 Torrington Ave | Single Family | 2,843 | B | |
1164 Skipton Ave | Single Family | 2,524 | B | |
1180 Skipton Ave | Single Family | 2,953 | B | |
13478 Chelmsford St | Single Family | 2,749 | B | |
1148 Skipton Ave | Single Family | 2,866 | B | |
13456 Chelmsford St | Single Family | 2,615 | B | |
13557 Northumberland Cir | Single Family | 3,469 | B | |
13500 Chelmsford St | Single Family | 3,114 | B | |
13551 Northumberland Cir | Single Family | 2,899 | B | |
13586 Northumberland Cir | Single Family | 2,557 | B | |
1196 Skipton Ave | Single Family | 2,678 | B | |
13545 Northumberland Cir | Single Family | 2,887 | B | |
13434 Chelmsford St | Single Family | 3,172 | B | |
1329 Torrington Ave | Single Family | 2,559 | B | |
13522 Chelmsford St | Single Family | 2,852 | 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 67 of all properties in this area. This suggests it would appeal to someone earning around $108,638 per year who should qualify for a mortgage between $217,276 and $271,595.
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 67 of all properties in this area. This corresponds to a rent of $1,386 per month and a monthly household income of $4,568 ($54,816 per year)
Nearby Companies
13502 Brixham St
13436 Brixham St
13436 Brixham St
13617 Northumberland Cir
1179 Reading Ter
13479 Chelmsford St
13479 Chelmsford St