500 48th St, 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 | |
|---|---|---|---|---|
| 506 48th St | Single Family | 1,600 | B |
 |
| 436 48th St | Multi-family - less than 10 units | 2,066 | B |
|
| 510 48th St | Single Family | 1,573 | B |
|
| 4801 Spruce Ave | Single Family | 1,458 | B |
|
| 505 47th St | Single Family | 1,109 | B |
|
| Po Box 78797 | Vacant Residential | 0 | L | |
| 511 47th St | Single Family | 1,655 | B |
|
| 512 48th St | Single Family | 1,637 | B |
|
| 439 47th St | Single Family | 1,234 | B |
|
| 4901 Spruce Ave | Multi-family - less than 10 units | 1,680 | B |
|
| 509 48th St | Single Family | 1,513 | B |
|
| 430 48th St | Single Family | 1,194 | B |
|
| 513 47th St | Multi-family - less than 10 units | 2,258 | B |
|
| 511 48th St | Single Family | 1,051 | B |
|
| 439 48th St | Multi-family - less than 10 units | 2,500 | B |
|
| 516 48th St | Single Family | 1,291 | B |
|
| 431 47th St | Single Family | 630 | B |
|
| 515 48th St | Single Family | 2,164 | B |
|
| 426 48th St | Single Family | 955 | B |
|
| 517 47th St | Multi-family - less than 10 units | 653 | B |
|
| 431 48th St | Single Family | 1,334 | B |
|
| 429 47th St | Single Family | 1,408 | B |
|
| 517 48th St | Single Family | 1,292 | B |
|
| 500 47th St | Single Family | 986 | B |
|
| 502 49th St | Single Family | 1,452 | B |
|
| 524 48th St | Multi-family - less than 10 units | 2,562 | B |
|
| 502 47th St | Multi-family - less than 10 units | 1,830 | B |
|
| 521 47th St | Single Family | 1,265 | B |
|
| 429 48th St | Single Family | 1,298 | B |
|
| 422 48th St | Single Family | 1,542 | B |
|
| 438 49th St | Single Family | 1,165 | B |
|
| 508 47th St | Multi-family - less than 10 units | 1,709 | C |
|
| 508 49th St | Single Family | 1,866 | B |
|
| 4710 Spruce Ave | Multi-family - less than 10 units | 1,161 | B |
|
| 425 47th St | Multi-family - less than 10 units | 2,028 | B |
|
| 434 49th St | Single Family | 723 | B |
|
| 512 47th St | Single Family | 1,042 | B |
|
| 512 49th St | Single Family | 926 | C |
|
| 430 47th St | Single Family | 2,573 | B |
|
| 523 48th St | Multi-family - less than 10 units | 1,768 | B |
|
| 423 48th St | Single Family | 1,247 | B |
|
| 525 47th St | Single Family | 911 | B |
|
| 420 48th St | Single Family | 827 | B |
|
| 518 47th St | Single Family | 1,002 | B |
|
| 516 49th St | Multi-family - less than 10 units | 2,337 | B |
|
| 526 48th St | Multi-family - less than 10 units | 1,280 | B |
|
| 430 49th St | Single Family | 1,633 | B |
|
| 421 47th St | Single Family | 801 | B |
|
| 426 47th St | Single Family | 913 | 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.
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%.
Nearby Companies
508 49 St
426 47th St
4800 Broadway
524 1/2 48th St
512 49th St
4910 Broadway
527 46th St