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 
13098 Via Veneto Single Family 2,357 B
13128 Via Veneto Single Family 1,951 B
13092 Via Veneto Single Family 2,186 B
13086 Via Veneto Single Family 2,308 B
13152 Via Veneto Single Family 2,053 B
13068 Via Veneto Single Family 2,088 B
13158 Via Veneto Single Family 1,590 B
13164 Via Veneto Single Family 1,632 B
13062 Via Veneto Single Family 2,088 B
13170 Via Veneto Single Family 2,013 B
902 Lake Wellington Dr Single Family 1,872 B
13146 Quiet Woods Rd Single Family 1,853 B
13188 Via Veneto Single Family 1,618 B
858 Via Toscana Single Family 1,412 B
13152 Quiet Woods Rd Single Family 1,853 B
13140 Quiet Woods Rd Single Family 1,865 B
13194 Via Veneto Single Family 1,618 B
896 Lake Wellington Dr Single Family 1,872 B
850 Via Toscana Single Family 1,694 B
13158 Quiet Woods Rd Single Family 1,853 B
13200 Via Veneto Single Family 1,618 B
13134 Quiet Woods Rd Single Family 1,853 B
838 Via Toscana Single Family 1,504 B
890 Lake Wellington Dr Single Family 1,994 B
711 Forest Club Dr Undefined - Reserved for Use by Department of Revenue 0 L
909 Honeytree Ln Single Family 1,845 B
891 Lake Wellington Dr Single Family 1,994 B
13206 Via Veneto Single Family 1,618 B
13169 Quiet Woods Rd Single Family 1,837 B
897 Lake Wellington Dr Single Family 1,872 B
832 Via Toscana Single Family 1,462 B
13164 Quiet Woods Rd Single Family 1,853 B
13128 Quiet Woods Rd Single Family 1,865 B
884 Lake Wellington Dr Single Family 1,702 B
903 Lake Wellington Dr Single Family 1,646 B
859 Via Toscana Undefined - Reserved for Use by Department of Revenue 0 L
824 Via Toscana Single Family 1,532 B
885 Lake Wellington Dr Single Family 1,690 B
922 Honeytree Ln Single Family 1,862 B
13058 Sheridan Ter Single Family 1,702 B
13170 Quiet Woods Rd Single Family 1,865 B
13175 Quiet Woods Rd Single Family 1,845 B
878 Lake Wellington Dr Single Family 2,293 B
13122 Quiet Woods Rd Single Family 1,856 B
921 Honeytree Ln Single Family 1,845 B
818 Via Toscana Single Family 1,532 B
873 Lake Wellington Dr Single Family 2,208 B
Quiet Woods Rd Undefined - Reserved for Use by Department of Revenue 0 L
13046 Sheridan Ter Single Family 2,122 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 34 of all properties in this area. This suggests it would appeal to someone earning around $56,118 per year who should qualify for a mortgage between $112,236 and $140,295.

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 34 of all properties in this area. This corresponds to a rent of $913 per month and a monthly household income of $3,210 ($38,520 per year)

Nearby Companies

Top Well, LLC
711 Forest Club Dr
Toppslatts LLC
711 Forest Club Dr
Twpc, LLC
711 Forest Club Dr
Jody Young LLC
711 Forest Club Dr
Mauritius Primate Rescue Inc
711 Forest Club Dr
Suzanne T. Reed, P.A.
936b Honey Tree Ln
Pbc Home Schoolers, Inc.
897 Lake Wellington Dr
Disclaimers and Disclosures

Public Records Data

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