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 
12610 Westhampton Cir Single Family 2,294 B
12606 Westhampton Cir Single Family 2,294 B
12602 Westhampton Cir Single Family 2,114 B
12598 Westhampton Cir Single Family 2,224 B
12622 Westhampton Cir Condominium 2,659 B
12621 Westhampton Cir Condominium 1,280 B
12624 Westhampton Cir Condominium 2,116 B
12626 Westhampton Cir Condominium 2,116 B
12628 Westhampton Cir Condominium 2,116 B
12597 Westhampton Cir Single Family 2,451 B
12641 Westhampton Cir Condominium 1,530 B
12642 Westhampton Cir Condominium 2,116 B
12654 Westhampton Cir Single Family 1,951 B
12593 Westhampton Cir Single Family 2,451 B
12574 Westhampton Cir Unit J Condominium 1,408 B
12574 Westhampton Cir Unit H Condominium 1,408 B
12574 Westhampton Cir Unit G Condominium 1,408 B
12574 Westhampton Cir Unit F Condominium 1,408 B
12574 Westhampton Cir Unit I Condominium 1,408 B
12648 Westhampton Cir Condominium 2,659 B
12646 Westhampton Cir Condominium 2,116 B
12644 Westhampton Cir Condominium 2,116 B
12589 Westhampton Cir Single Family 2,451 B
12577 Westhampton Cir Single Family 2,451 B
12658 Westhampton Cir Single Family 2,027 B
12573 Westhampton Cir Single Family 2,451 B
3 Westhampton Cir Municipal Owned 0 L
12661 Westhampton Cir Condominium 1,280 B
12569 Westhampton Cir Single Family 2,451 B
12554 Westhampton Cir Unit A Condominium 1,408 B
12554 Westhampton Cir Unit E Condominium 1,408 B
12554 Westhampton Cir Unit B Condominium 1,408 B
12554 Westhampton Cir Unit C Condominium 1,408 B
12554 Westhampton Cir Unit D Condominium 1,408 B
12565 Westhampton Cir Single Family 2,492 B
12670 Westhampton Cir Multi-family - less than 10 units 3,840 B
12427 Peconic Ct Multi-family - less than 10 units 3,660 B
12429 Peconic Ct Multi-family - less than 10 units 4,020 B
12545 Westhampton Cir Single Family 2,485 B
12550 Westhampton Cir Single Family 1,288 B
12413 Peconic Ct Multi-family - less than 10 units 5,908 B
1376 Sailboat Cir Single Family 3,289 B
12541 Westhampton Cir Single Family 2,525 B
12681 Westhampton Cir Condominium 1,280 B
12681 Westhampton Cir # A202 Condominium 1,280 B
12546 Westhampton Cir Single Family 1,152 B
12686 Westhampton Cir Single Family 1,361 B
1382 Sailboat Cir Single Family 2,521 B
12542 Westhampton Cir Single Family 1,152 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 32 of all properties in this area. This suggests it would appeal to someone earning around $53,827 per year who should qualify for a mortgage between $107,654 and $134,568.

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 32 of all properties in this area. This corresponds to a rent of $887 per month and a monthly household income of $3,087 ($37,044 per year)

Nearby Companies

Rent A Techie, Inc
1370 Sailboat Cir
Miranda Trucking Services Inc
1439 Riverside Cir
Tire Associates, LLC
12574 West Hampton Cir
Tire Network, LLC
12574 Westhampton Cir
The Transporter Of Palm Beach LLC
12597 Westhampton Cir
James Mobile Services Inc.
12610 Westhampton Cir
The Westhampton Club, Inc.
12621 Westhampton Cir
Hbd La Agencia Usa LLC
12641 Westhampton Cir
Car Stereo Usa, Inc.
12393-4 Peconic Ct
Disclaimers and Disclosures

Public Records Data

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