119 Lancaster Way, Royal Palm Beach

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:

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 
121 Lancaster Way Single Family 2,887 B
117 Lancaster Way Single Family 1,829 B
123 Lancaster Way Single Family 2,630 B
102 Newberry Ln Single Family 1,924 B
104 Newberry Ln Single Family 2,843 B
125 Lancaster Way Single Family 1,829 B
106 Newberry Ln Single Family 2,887 B
118 Lancaster Way Single Family 1,924 B
120 Lancaster Way Single Family 2,947 B
108 Newberry Ln Single Family 2,887 B
116 Lancaster Way Single Family 2,099 B
122 Lancaster Way Single Family 2,586 B
114 Lancaster Way Single Family 2,586 B
127 Lancaster Way Single Family 2,170 B
110 Newberry Ln Single Family 1,966 B
124 Lancaster Way Single Family 2,099 B
112 Lancaster Way Single Family 2,124 B
126 Lancaster Way Single Family 2,843 B
112 Newberry Ln Single Family 2,580 B
129 Lancaster Way Single Family 2,592 B
110 Lancaster Way Single Family 2,887 B
128 Lancaster Way Single Family 2,099 B
114 Newberry Ln Single Family 2,099 B
131 Lancaster Way Single Family 1,917 B
103 Newberry Ln Single Family 2,523 B
105 Newberry Ln Single Family 1,829 B
101 Newberry Ln Single Family 2,887 B
107 Newberry Ln Single Family 1,917 B
130 Lancaster Way Single Family 2,983 B
116 Newberry Ln Single Family 2,887 B
109 Newberry Ln Single Family 2,887 B
106 Lancaster Way Single Family 2,887 B
133 Lancaster Way Single Family 2,887 B
111 Newberry Ln Single Family 2,523 B
132 Lancaster Way Single Family 2,887 B
118 Newberry Ln Single Family 2,887 B
144 Hamilton Ter Single Family 1,875 B
104 Lancaster Way Single Family 2,886 B
135 Lancaster Way Single Family 1,917 B
113 Newberry Ln Single Family 2,843 B
142 Hamilton Ter Single Family 2,618 B
102 Lancaster Way Single Family 1,917 B
102 Canterbury Pl Single Family 1,829 B
821 101st Trl S Single Family 1,351 B
120 Newberry Ln Single Family 1,829 B
115 Newberry Ln Single Family 2,523 B
140 Hamilton Ter Single Family 2,950 B
138 Hamilton Ter Single Family 2,618 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 36 of all properties in this area. This suggests it would appeal to someone earning around $59,443 per year who should qualify for a mortgage between $118,886 and $148,608.

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 36 of all properties in this area. This corresponds to a rent of $950 per month and a monthly household income of $3,292 ($39,504 per year)

Nearby Companies

Waterman Corp.
101 Newberry Ln
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.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.