1094 Concert 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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 1110 Concert Way | Single Family | 1,412 | B |
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| 1090 Serenade Cir | Single Family | 1,655 | B |
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| 1068 Concert Way | Single Family | 1,401 | B |
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| 1093 Concert Way | Single Family | 1,463 | B |
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| 1116 Concert Way | Single Family | 2,271 | B |
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| 1081 Concert Way | Single Family | 2,295 | B |
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| 1084 Serenade Cir | Single Family | 1,704 | B |
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| 1107 Concert Way | Single Family | 1,574 | B |
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| 1063 Concert Way | Single Family | 1,632 | B |
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| 1048 Concert Way | Single Family | 1,487 | B |
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| 1132 Concert Way | Single Family | 2,299 | B |
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| 1121 Concert Way | Single Family | 1,577 | B |
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| 1068 Serenade Cir | Single Family | 1,581 | B |
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| 1049 Concert Way | Single Family | 1,667 | B |
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| 1080 Sonata Way | Single Family | 1,573 | B |
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| 1108 Sonata Way | Single Family | 1,513 | B |
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| 1135 Concert Way | Single Family | 1,420 | B |
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| 1064 Sonata Way | Single Family | 1,331 | B |
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| 1037 Serenade Cir | Single Family | 1,402 | B |
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| 1122 Sonata Way | Single Family | 1,407 | B |
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| 1146 Concert Way | Single Family | 1,671 | B |
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| 1050 Serenade Cir | Single Family | 1,572 | B |
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| 1035 Concert Way | Single Family | 1,402 | B |
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| 1050 Sonata Way | Single Family | 1,412 | B |
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| 1095 Chorus Way | Single Family | 1,412 | B |
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| 10170 Rhythm Cir | Single Family | 1,498 | B |
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| 1136 Sonata Way | Single Family | 1,658 | B |
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| 1034 Serenade Cir | Single Family | 1,412 | B |
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| 10190 Rhythm Cir | Single Family | 1,592 | B |
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| 1090 Chorus Way | Single Family | 1,655 | B |
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| 1034 Sonata Way | Single Family | 1,451 | B |
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| 10241 Symphony Ln | Single Family | 1,606 | B |
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| 10210 Rhythm Cir | Single Family | 1,978 | B |
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| 1095 Sonata Way | Single Family | 1,715 | B |
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| 1079 Sonata Way | Single Family | 1,695 | B |
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| 1105 Sonata Way | Single Family | 1,429 | B |
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| 10257 Symphony Ln | Single Family | 1,402 | B |
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| 1065 Sonata Way | Single Family | 1,466 | B |
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| 1024 Serenade Cir | Single Family | 1,754 | B |
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| 10236 Serenade Ln | Single Family | 1,612 | B |
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| 1026 Serenade Cir | Single Family | 1,479 | B |
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| 1123 Sonata Way | Single Family | 1,695 | B |
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| 10230 Rhythm Cir | Single Family | 1,309 | B |
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| 1098 Chorus Way | Single Family | 1,655 | B |
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| 10250 Serenade Ln | Single Family | 1,792 | B |
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| 10271 Symphony Ln | Single Family | 1,468 | B |
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| 1051 Sonata Way | Single Family | 1,466 | B |
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| 1030 Serenade Cir | Single Family | 2,124 | 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 21 of all properties in this area. This suggests it would appeal to someone earning around $38,790 per year who should qualify for a mortgage between $77,580 and $96,975.
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 21 of all properties in this area. This corresponds to a rent of $711 per month and a monthly household income of $2,397 ($28,764 per year)
Nearby Companies
1135 Concert Way
1036 Concert Way