906 9th Way, West 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 | |
|---|---|---|---|---|
| 905 9th Way | Single Family | 1,236 | B |
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| 1024 10th Way | Single Family | 1,236 | B |
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| 903 9th Way | Single Family | 1,236 | B |
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| 1023 10th Way | Single Family | 1,236 | B |
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| 904 9th Way | Single Family | 1,236 | B |
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| 902 9th Way | Single Family | 1,236 | B |
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| 1025 10th Way | Single Family | 1,236 | B |
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| 1026 10th Way | Single Family | 1,236 | B |
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| 901 9th Way | Single Family | 1,236 | B |
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| 1027 10th Way | Single Family | 1,236 | B |
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| 907 9th Way | Single Family | 1,236 | B |
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| 910 9th Way | Single Family | 1,236 | B |
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| 1021 10th Way | Single Family | 1,236 | B |
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| 911 9th Way | Single Family | 1,236 | B |
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| 1020 10th Way | Single Family | 1,236 | B |
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| 908 9th Way | Single Family | 1,236 | B |
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| 923 9th Way | Single Family | 1,236 | B |
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| 1022 10th Way | Single Family | 1,236 | B |
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| 1017 10th Way | Single Family | 1,236 | B |
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| 1019 10th Way | Single Family | 1,236 | B |
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| 924 9th Way | Single Family | 1,236 | B |
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| 909 9th Way | Single Family | 1,236 | B |
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| 912 9th Way | Single Family | 1,236 | B |
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| 922 9th Way | Single Family | 1,236 | B |
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| 1018 10th Way | Single Family | 1,236 | B |
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| 1001 10th Way | Single Family | 1,236 | B |
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| 921 9th Way | Single Family | 1,236 | B |
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| 1002 10th Way | Single Family | 1,236 | B |
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| 914 9th Way | Single Family | 1,236 | B |
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| 1004 10th Way | Single Family | 1,236 | B |
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| 915 9th Way | Single Family | 1,236 | B |
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| 920 9th Way | Single Family | 1,236 | B |
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| 1003 10th Way | Single Family | 1,236 | B |
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| 1016 10th Way | Single Family | 1,236 | B |
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| 919 9th Way | Single Family | 1,236 | B |
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| 913 9th Way | Single Family | 1,236 | B |
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| 916 9th Way | Single Family | 1,236 | B |
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| 1005 10th Way | Single Family | 1,236 | B |
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| 806 8th Way | Single Family | 1,236 | B |
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| 1013 10th Way | Single Family | 1,236 | B |
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| 1006 10th Way | Single Family | 1,236 | B |
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| 805 8th Way | Single Family | 1,236 | B |
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| 918 9th Way | Single Family | 1,236 | B |
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| 1014 10th Way | Single Family | 1,236 | B |
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| 1008 10th Way | Single Family | 1,236 | B |
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| 917 9th Way | Single Family | 1,236 | B |
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| 807 8th Way | Single Family | 1,236 | B |
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| 1007 10th Way | Single Family | 1,236 | B |
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Local Household Income
The median household income in this part of Florida is $47,354. The bottom 10% of the population earn less than $12,913 per year. The top 10% earn more than $158,251 per year. The top 1% earn more than $683,394 per year. Most renters earn between $26,016 (20th percentile) and $44,580 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $94,708 and $118,385.
The tax assessed value of this property places it in percentile 46 of all properties in this area. This suggests it would appeal to someone earning around $43,815 per year who should qualify for a mortgage between $87,630 and $109,538.
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 $1,000. Most renters earn between $2,168 and $3,715 per month. They typically spend 35.5% of their monthly income on rent. Most rents fall in the $716 (20th percentile) to $1,364 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 46 of all properties in this area. This corresponds to a rent of $967 per month and a monthly household income of $2,758 ($33,096 per year)
Nearby Companies
1012 10th Way
1005 10th Way
1005 10th Way