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 
3157 Hartridge Ter Single Family 4,737 B
3173 Hartridge Ter Single Family 4,709 B
3151 Hartridge Ter Single Family 4,081 B
3166 Hartridge Ter Single Family 3,182 B
3160 Hartridge Ter Single Family 4,571 B
3145 Hartridge Ter Single Family 3,886 B
3172 Hartridge Ter Single Family 3,182 B
3185 Hartridge Ter Single Family 4,117 B
3154 Hartridge Ter Single Family 4,399 B
3178 Hartridge Ter Single Family 5,328 B
3148 Hartridge Ter Single Family 4,007 B
3131 Hartridge Ter Single Family 3,182 B
3159 Hamblin Way Single Family 4,709 B
3153 Hamblin Way Single Family 4,571 B
3165 Hamblin Way Single Family 4,709 B
3117 Hartridge Ter Single Family 4,709 B
3142 Hartridge Ter Single Family 3,182 B
3147 Hamblin Way Single Family 4,571 B
3171 Hamblin Way Single Family 4,499 B
3111 Hartridge Ter Single Family 3,692 B
9735 Phipps Ln Single Family 4,207 B
9732 Phipps Ln Single Family 3,751 B
3141 Hamblin Way Single Family 4,709 B
3177 Hamblin Way Single Family 4,709 B
3105 Hartridge Ter Single Family 4,571 B
3136 Hartridge Ter Single Family 4,411 B
9731 Phipps Ln Single Family 4,159 B
3135 Hamblin Way Single Family 4,571 B
3183 Hamblin Way Single Family 3,886 B
9728 Phipps Ln Single Family 2,849 B
3129 Hamblin Way Single Family 4,548 B
3189 Hamblin Way Single Family 4,540 B
3130 Hartridge Ter Single Family 4,715 B
3156 Hamblin Way Single Family 4,571 B
3162 Hamblin Way Single Family 4,499 B
3124 Hartridge Ter Single Family 4,709 B
3118 Hartridge Ter Single Family 4,503 B
3150 Hamblin Way Single Family 4,737 B
3168 Hamblin Way Single Family 3,993 B
9727 Phipps Ln Single Family 4,159 B
9724 Phipps Ln Single Family 4,159 B
3112 Hartridge Ter Single Family 3,915 B
3123 Hamblin Way Single Family 4,595 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 88 of all properties in this area. This suggests it would appeal to someone earning around $187,721 per year who should qualify for a mortgage between $375,442 and $469,303.

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 88 of all properties in this area. This corresponds to a rent of $1,945 per month and a monthly household income of $6,150 ($73,800 per year)

Nearby Companies

Rca Nursing Services, Inc
3159 Hamblin Way
Karpf Realty Associates, LLC
3168 Hamblin Way
Linda'S Cruise & Travel LLC
3179 Hartridge Ter
Sps Group Investments LLC
3177 Hamblin Way
Bhikhari Consulting, Inc.
3163 Hartridge Ter
Mb Layers LLC
3183 Hamblin Way
Suncam, Inc.
3111 Hartridge Ter
Kdj Products Inc.
3118 Hartridge Ter
Cva Fitness LLC
3124 Hartridge Ter
Cva Real Estate Ventures LLC
3124 Hartridge Ter
Christopher V Adair LLC
3124 Hartridge Ter
Paragon Builders Group Inc
3123 Hamblin Way
Jamie Bergenfeld, P.T., Inc.
3185 Hartridge Ter
Attract Ventures Inc.
3154 Hartridge Ter
Disclaimers and Disclosures

Public Records Data

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