445 Rainbow Springs Ter, Royal Palm Beach
Palm Beach County Real Estate - West Palm Beach
West Palm Beach is in South East Florida. It's population as recorded in the 2010 Census was 99,919.
The median age for residents of West Palm Beach is 38.1. Around 25.5% of West Palm Beach households include school aged children and 26.9% of households include individuals aged 65 years or over. Census records indicate 56.7% of the West Palm Beach population are White, 32.4% are Black or African American, .4% American Indian, 2.2% Asian and 2.6% are Two or more Races. West Palm Beach has a significant Hispanic population. 22.6% (22,601) of West Palm Beach residents are of Hispanic or Latino origin. Of these 12.41% are of Mexican origin, 14.56% Puerto Rican, 23.61% Cuban and 49.41% are of other Hispanic or Latino origin.
There are 54,179 housing units in West Palm Beach. 11,267 (20.7%) of these were reported as vacant in the 2010 Census. There are 25,318 residential rental units in West Palm Beach. 21,180 of them were occupied in 2010 providing a residential rental vacancy rate of 15.9%.
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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 | |
|---|---|---|---|---|
| 443 Rainbow Springs Ter | Single Family | 1,797 | B |
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| 447 Rainbow Springs Ter | Single Family | 1,775 | B |
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| 441 Rainbow Springs Ter | Single Family | 1,797 | B |
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| 439 Rainbow Springs Ter | Single Family | 1,637 | B |
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| 449 Rainbow Springs Ter | Single Family | 1,775 | B |
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| 437 Rainbow Springs Ter | Single Family | 1,775 | B |
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| 451 Rainbow Springs Ter | Single Family | 1,637 | B |
|
| 114 Wakulla Springs Way | Single Family | 1,797 | B |
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| 112 Wakulla Springs Way | Single Family | 1,797 | B |
|
| 110 Wakulla Springs Way | Single Family | 1,637 | B |
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| 116 Wakulla Springs Way | Single Family | 1,775 | B |
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| 453 Rainbow Springs Ter | Single Family | 1,797 | B |
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| 108 Wakulla Springs Way | Single Family | 1,775 | B |
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| 446 Rainbow Springs Ter | Single Family | 1,637 | B |
|
| 448 Rainbow Springs Ter | Single Family | 1,775 | B |
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| 444 Rainbow Springs Ter | Single Family | 1,797 | B |
|
| 118 Wakulla Springs Way | Single Family | 1,637 | B |
|
| 450 Rainbow Springs Ter | Single Family | 1,775 | B |
|
| 455 Rainbow Springs Ter | Single Family | 1,797 | B |
|
| 442 Rainbow Springs Ter | Single Family | 1,797 | B |
|
| 106 Wakulla Springs Way | Single Family | 1,797 | B |
|
| 452 Rainbow Springs Ter | Single Family | 1,637 | B |
|
| 120 Wakulla Springs Way | Single Family | 1,797 | B |
|
| 440 Rainbow Springs Ter | Single Family | 1,637 | B |
|
| 454 Rainbow Springs Ter | Single Family | 1,803 | B |
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| 457 Rainbow Springs Ter | Single Family | 1,637 | B |
|
| 122 Wakulla Springs Way | Single Family | 1,797 | B |
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| 104 Wakulla Springs Way | Single Family | 1,637 | B |
|
| 438 Rainbow Springs Ter | Single Family | 1,775 | B |
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| 456 Rainbow Springs Ter | Single Family | 1,797 | B |
|
| 124 Wakulla Springs Way | Single Family | 1,637 | B |
|
| 102 Wakulla Springs Way | Single Family | 1,637 | B |
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| 458 Rainbow Springs Ter | Single Family | 1,637 | B |
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| 459 Rainbow Springs Ter | Single Family | 1,775 | B |
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| 126 Wakulla Springs Way | Single Family | 1,775 | B |
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| 100 Wakulla Springs Way | Single Family | 1,775 | B |
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| 460 Rainbow Springs Ter | Single Family | 1,775 | B |
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| 435 Rainbow Springs Ter | Single Family | 1,775 | B |
|
| 115 Wakulla Springs Way | Single Family | 1,637 | B |
|
| 113 Wakulla Springs Way | Single Family | 1,775 | B |
|
| 117 Wakulla Springs Way | Single Family | 1,797 | B |
|
| 111 Wakulla Springs Way | Single Family | 1,775 | B |
|
| 109 Wakulla Springs Way | Single Family | 1,637 | B |
|
| 119 Wakulla Springs Way | Single Family | 1,797 | B |
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| 462 Rainbow Springs Ter | Single Family | 1,775 | B |
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| 107 Wakulla Springs Way | Single Family | 1,797 | B |
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| 121 Wakulla Springs Way | Single Family | 1,637 | B |
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| 433 Rainbow Springs Ter | Single Family | 1,637 | B |
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| 105 Wakulla Springs Way | Single Family | 1,797 | 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 30 of all properties in this area. This suggests it would appeal to someone earning around $51,384 per year who should qualify for a mortgage between $102,768 and $128,460.
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 30 of all properties in this area. This corresponds to a rent of $861 per month and a monthly household income of $2,957 ($35,484 per year)
Nearby Companies
310 River Bluff Ln
310 River Bluff Ln
389 River Bluff Ln
321 River Bluff Ln
355 River Bluf Ln
372 River Bluff Ln
323 River Bluff Ln
121 Wakulla Springs Way
119 Wakulla Springs Way
122 Wakulla Springs Way
433 Rainbow Springs Ter