1228 Skipton 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 | |
|---|---|---|---|---|
| 13393 Chelmsford St | Single Family | 2,748 | B |
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| 1212 Skipton Ave | Single Family | 2,422 | B |
|
| 1227 Reading Ter | Single Family | 2,854 | B |
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| 1211 Reading Ter | Single Family | 2,516 | B |
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| 1243 Reading Ter | Single Family | 2,714 | B |
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| 13413 Chelmsford St | Single Family | 3,240 | B |
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| 1196 Skipton Ave | Single Family | 2,678 | B |
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| 13390 Chelmsford St | Single Family | 2,999 | B |
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| 13369 Chelmsford St | Single Family | 3,032 | B |
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| 13412 Chelmsford St | Single Family | 2,728 | B |
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| 1195 Reading Ter | Single Family | 2,589 | B |
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| 13436 Brixham St | Single Family | 2,877 | B |
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| 1259 Reading Ter | Single Family | 2,656 | B |
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| 13368 Chelmsford St | Single Family | 3,145 | B |
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| 13435 Chelmsford St | Single Family | 2,935 | B |
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| 13434 Chelmsford St | Single Family | 3,172 | B |
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| 1180 Skipton Ave | Single Family | 2,953 | B |
|
| 1210 Reading Ter | Single Family | 2,835 | B |
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| 1226 Reading Ter | Single Family | 2,393 | B |
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| 13425 Northumberland Cir | Single Family | 2,713 | B |
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| 13449 Northumberland Cir | Single Family | 2,907 | B |
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| 1179 Reading Ter | Single Family | 3,398 | B |
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| 13455 Northumberland Cir | Single Family | 2,800 | B |
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| 13458 Brixham St | Vacant Residential | 0 | L | |
| 13419 Northumberland Cir | Single Family | 2,715 | B |
|
| 13346 Chelmsford St | Single Family | 2,862 | B |
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| 1194 Reading Ter | Single Family | 2,908 | B |
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| 13457 Chelmsford St | Single Family | 2,879 | B |
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| 1275 Reading Ter | Single Family | 2,699 | B |
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| 13443 Northumberland Cir | Single Family | 3,534 | B |
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| 13456 Chelmsford St | Single Family | 2,615 | B |
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| 13461 Northumberland Cir | Single Family | 2,736 | B |
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| 1164 Skipton Ave | Single Family | 2,524 | B |
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| 1242 Reading Ter | Single Family | 3,360 | B |
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| 13437 Brixham St | Single Family | 2,863 | B |
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| 1163 Reading Ter | Single Family | 2,427 | B |
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| 13480 Brixham St | Single Family | 2,082 | B |
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| 1178 Reading Ter | Single Family | 2,179 | B |
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| 13383 Northumberland Cir | Single Family | 3,330 | B |
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| 13377 Northumberland Cir | Single Family | 2,632 | B |
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| 13459 Brixham St | Single Family | 2,199 | B |
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| 13479 Chelmsford St | Single Family | 2,693 | B |
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| 13478 Chelmsford St | Single Family | 2,749 | B |
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| 13467 Northumberland Cir | Single Family | 2,753 | B |
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| 1148 Skipton Ave | Single Family | 2,866 | B |
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| 1162 Reading Ter | Single Family | 2,111 | B |
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| 13430 Northumberland Cir | Single Family | 2,862 | B |
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| 13502 Brixham St | Single Family | 2,852 | 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 69 of all properties in this area. This suggests it would appeal to someone earning around $112,122 per year who should qualify for a mortgage between $224,244 and $280,305.
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 69 of all properties in this area. This corresponds to a rent of $1,436 per month and a monthly household income of $4,664 ($55,968 per year)
Nearby Companies
13502 Brixham St
13436 Brixham St
13436 Brixham St
13394 Northumberland Cir
1178 Reading Ter
1179 Reading Ter
13479 Chelmsford St
13479 Chelmsford St
13455 Northumberland Cir
13419 Northumberland Cir