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:

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 
13990 Veronica Ct Multi-family - less than 10 units 5,494 B
13931 Morning Glory Dr Multi-family - less than 10 units 5,805 B
13969 Veronica Ct Multi-family - less than 10 units 7,745 B
13963 Morning Glory Dr Multi-family - less than 10 units 5,200 B
13989 Veronica Ct Single Family 1,002 B
14010 Veronica Ct Condominium 1,116 B
13995 Veronica Ct Single Family 1,002 B
14008 Veronica Ct Condominium 1,116 B
14004 Veronica Ct Condominium 1,116 B
14006 Veronica Ct Condominium 1,116 B
13981 Morning Glory Dr Multi-family - less than 10 units 6,076 B
13991 Veronica Ct Single Family 1,002 B
13993 Veronica Ct Single Family 1,002 B
13964 Morning Glory Dr Single Family 1,310 B
14005 Veronica Ct Multi-family - less than 10 units 6,060 B
13968 Morning Glory Dr Single Family 1,310 B
14022 Veronica Ct Vacant Residential 0 L
1480 Greenview Shores Blvd Financial institution (bank, saving and loan company, mortgage company, credit services) 3,364 A
1568 Hawthorne Pl Multi-family - less than 10 units 5,298 B
1434 Hawthorne Pl Multi-family - less than 10 units 6,298 B
14023 Veronica Ct Multi-family - less than 10 units 4,364 B
1446 Hawthorne Pl Multi-family - less than 10 units 4,368 B
13932 Morning Glory Dr Multi-family - less than 10 units 5,241 B
13962 Morning Glory Dr Single Family 1,569 B
1519 Westchester Ave Single Family 1,737 B
1523 Westchester Ave Single Family 1,643 B
13966 Morning Glory Dr Single Family 1,569 B
1527 Westchester Ave Single Family 1,637 B
1458 Hawthorne Pl Multi-family - less than 10 units 4,917 B
1531 Westchester Ave Single Family 1,737 B
13982 Morning Glory Dr Multi-family - less than 10 units 6,217 B
1535 Westchester Ave Single Family 1,737 B
1539 Westchester Ave Single Family 1,459 B
1472 Hawthorne Pl Multi-family - less than 10 units 5,398 B
1555 Hawthorne Pl Single Family 1,002 B
1543 Westchester Ave Single Family 1,459 B
1561 Hawthorne Pl Single Family 1,002 B
1470 Greenview Shores Blvd Drive-in Restaurant 3,979 A
1594 Hawthorne Pl Multi-family - less than 10 units 4,686 B
1547 Westchester Ave Single Family 1,643 B
1518 Westchester Ave Single Family 1,737 B
1451 Hawthorne Pl Condominium 1,075 B
1543 Hawthorne Pl Multi-family - less than 10 units 5,664 B
1522 Westchester Ave Single Family 1,643 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 79 of all properties in this area. This suggests it would appeal to someone earning around $143,111 per year who should qualify for a mortgage between $286,222 and $357,778.

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 79 of all properties in this area. This corresponds to a rent of $1,636 per month and a monthly household income of $5,328 ($63,936 per year)

Nearby Companies

Lucky Braids LLC
1594 Hawthorne Pl
Allison M Hilton Pta LLC
1596 Hawthorne Pl
Morning Glory Alf LLC
13931 Morning Glory Dr
Hibiscus Morning Glory LLC
13931 Morning Glory Dr
Equestrian Multi Services, Inc.
13931 Morning Glory Dr
H & T Rental Homes,LLC
13990 Veronica Ct
Diana C. Reyes, P.A.
13975 Veronica Ct
Kerji Venture Capital, LLC
1438 Hawthorne Pl
Disclaimers and Disclosures

Public Records Data

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