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%.

West Palm Beach 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 
2309 23rd Way Single Family 1,236 B
2606 26th Way Single Family 1,236 B
2308 23rd Way Single Family 1,236 B
2311 23rd Way Single Family 1,236 B
2605 26th Way Single Family 1,236 B
2719 27th Way Single Family 1,236 B
2607 26th Way Single Family 1,236 B
2604 26th Way Single Family 1,236 B
2307 23rd Way Single Family 1,236 B
2317 23rd Way Single Family 1,236 B
2608 26th Way Single Family 1,236 B
2314 23rd Way Single Family 1,236 B
2503 25th Way Single Family 1,236 B
2312 23rd Way Single Family 1,236 B
2303 23rd Way Single Family 1,236 B
2720 27th Way Single Family 1,236 B
2304 23rd Way Single Family 1,236 B
2316 23rd Way Single Family 1,236 B
2603 26th Way Single Family 1,236 B
2313 23rd Way Single Family 1,236 B
2306 23rd Way Single Family 1,236 B
2717 27th Way Single Family 1,236 B
2302 23rd Way Single Family 1,236 B
2504 25th Way Single Family 1,236 B
2721 27th Way Single Family 1,236 B
2301 23rd Way Single Family 1,236 B
2609 26th Way Single Family 1,236 B
2502 25th Way Single Family 1,236 B
2318 23rd Way Single Family 1,236 B
2722 27th Way Single Family 1,236 B
2718 27th Way Single Family 1,236 B
2602 26th Way Single Family 1,236 B
2716 27th Way Single Family 1,236 B
2305 23rd Way Single Family 1,236 B
2321 23rd Way Single Family 1,236 B
2505 25th Way Single Family 1,236 B
2715 27th Way Single Family 1,236 B
2610 26th Way Single Family 1,236 B
2601 26th Way Single Family 1,236 B
2506 25th Way Single Family 1,236 B
2723 27th Way Single Family 1,236 B
2501 25th Way Single Family 1,236 B
2319 23rd Way Single Family 1,236 B
2713 27th Way Single Family 1,236 B
2320 23rd Way Single Family 1,236 B
2714 27th Way Single Family 1,236 B
2509 25th Way Single Family 1,236 B
2724 27th Way Single Family 1,236 B
2513 25th Way Single Family 1,236 B

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

Neurobound Recovery LLC
2712 27th Way
Zeflon Renovation LLC
2714 27th Way
Dollface Devito, LLC
2717 27th Way
Ryoga Independent LLC
2512 25th Way
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.

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