102 Kensington Way, 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

AddressTypeSq FtClass 
104 Kensington Way Single Family 3,374 B
106 Kensington Way Single Family 3,749 B
101 Kensington Way Single Family 3,749 B
108 Kensington Way Single Family 3,452 B
103 Kensington Way Single Family 3,374 B
292 Kensington Way Single Family 3,749 B
110 Kensington Way Single Family 2,186 B
273 Kensington Way Single Family 3,452 B
105 Kensington Way Single Family 3,825 B
290 Kensington Way Single Family 2,918 B
112 Kensington Way Single Family 2,876 B
271 Kensington Way Single Family 3,374 B
107 Kensington Way Single Family 3,374 B
288 Kensington Way Single Family 3,374 B
114 Kensington Way Single Family 2,456 B
269 Kensington Way Single Family 3,828 B
286 Kensington Way Single Family 3,326 B
109 Kensington Way Single Family 2,126 B
116 Kensington Way Single Family 2,599 B
113 Newberry Ln Single Family 2,843 B
115 Newberry Ln Single Family 2,523 B
111 Newberry Ln Single Family 2,523 B
117 Newberry Ln Single Family 2,948 B
284 Kensington Way Single Family 3,452 B
109 Newberry Ln Single Family 2,887 B
119 Newberry Ln Single Family 2,887 B
107 Newberry Ln Single Family 1,917 B
111 Kensington Way Single Family 2,136 B
267 Kensington Way Single Family 3,326 B
121 Newberry Ln Single Family 1,829 B
105 Newberry Ln Single Family 1,829 B
2278 Shoma Dr Condominium 1,964 B
2277 Shoma Dr Condominium 1,705 B
118 Kensington Way Single Family 1,973 B
2276 Shoma Dr Condominium 1,701 B
2275 Shoma Dr Condominium 1,701 B
123 Newberry Ln Single Family 2,605 B
103 Newberry Ln Single Family 2,523 B
125 Newberry Ln Single Family 2,099 B
101 Newberry Ln Single Family 2,887 B
113 Kensington Way Single Family 2,918 B
2274 Shoma Dr Condominium 1,705 B
120 Kensington Way Single Family 2,887 B
127 Newberry Ln Single Family 1,829 B
2273 Shoma Dr Condominium 1,843 B
2271 Shoma Dr Condominium 1,705 B
2270 Shoma Dr Condominium 1,964 B
129 Newberry Ln Single Family 2,967 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 56 of all properties in this area. This suggests it would appeal to someone earning around $87,843 per year who should qualify for a mortgage between $175,686 and $219,608.

Annual Income Distribution - All Households (Brown), Renters (Blue)
0
10
20
30
40
50
60
70
80
90
100
$0
$36,674
$73,348
$110,022
$146,696
$87,843

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 56 of all properties in this area. This corresponds to a rent of $1,218 per month and a monthly household income of $4,123 ($49,476 per year)

Rent Range - Gross Monthly Income (Blue), Gross Rent (Green)
0
10
20
30
40
50
60
70
80
90
100
$129
$2,659
$5,189
$7,719
$10,249
$4,123
$1,218

Nearby Companies

Rc Store LLC
280 Kensington Way
Be Still Petals & Custom Creations LLC
280 Kensington Way
Jv Florida Properties LLC
104 Kensington Way
Endless River Productions, LLC
273 Kensington Way
Waterman Corp.
101 Newberry Ln
Briana Marie Cox Foundation, Inc.
286 Kensington Way
Wright Time, LLC
284 Kensington Way
Association Of Operating Room Nurses Of The Palm Beachs, Florida, Inc.
284 Kensington Way
Bag It Online, Inc.
284 Kensington Way
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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