500 Franklin Rd, West Palm Beach
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:
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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 | |
|---|---|---|---|---|
| 504 Franklin Rd | Multi-family - less than 10 units | 1,449 | B |
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| 510 Franklin Rd | Single Family | 1,183 | B |
|
| 422 Franklin Rd | Multi-family - less than 10 units | 3,198 | B |
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| 501 Hunter St | Single Family | 1,137 | B |
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| 505 Hunter St | Single Family | 1,257 | B |
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| 6412 Webster Ave | Multi-family - less than 10 units | 1,861 | B |
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| 511 Hunter St | Single Family | 784 | B |
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| 501 Franklin Rd | Multi-family - less than 10 units | 2,090 | B |
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| 410 Franklin Rd | Single Family | 1,511 | B |
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| 512 Franklin Rd | Multi-family - less than 10 units | 1,498 | B |
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| 431 Hunter St | Single Family | 1,234 | B |
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| 6312 Webster Ave | Multi-family - less than 10 units | 1,530 | B |
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| 509 Franklin Rd | Single Family | 1,346 | B |
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| 515 Hunter St | Single Family | 1,047 | B |
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| 414 Franklin Rd | Single Family | 846 | B |
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| 513 Franklin Rd | Single Family | 1,641 | B |
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| 417 Franklin Rd | Multi-family - less than 10 units | 3,196 | B |
|
| 417 Hunter St | Single Family | 1,574 | B |
|
| 521 Hunter St | Multi-family - less than 10 units | 2,414 | B |
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| 522 Franklin Rd | Multi-family - less than 10 units | 1,600 | B |
|
| 517 Franklin Rd | Single Family | 1,354 | B |
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| 406 Franklin Rd | Single Family | 1,110 | B |
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| 432 Hunter St | Single Family | 1,243 | B |
|
| 500 Nathan Hale Rd | Multi-family - less than 10 units | 2,291 | B |
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| 428 Hunter St | Single Family | 1,188 | B |
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| 436 Hunter St | Multi-family - less than 10 units | 1,184 | B |
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| 504 Nathan Hale Rd | Multi-family - less than 10 units | 1,815 | B |
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| 424 Nathan Hale Rd | Single Family | 1,493 | B |
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| 424 Hunter St | Single Family | 1,356 | B |
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| 411 Hunter St | Single Family | 1,776 | B |
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| 442 Hunter St | Multi-family - less than 10 units | 1,502 | B |
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| 508 Nathan Hale Rd | Single Family | 1,076 | B |
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| 526 Franklin Rd | Multi-family - less than 10 units | 1,764 | B |
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| 521 Franklin Rd | Single Family | 1,216 | B |
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| 411 Franklin Rd | Single Family | 886 | B |
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| 525 Hunter St | Multi-family - less than 10 units | 2,414 | B |
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| 420 Nathan Hale Rd | Single Family | 1,240 | B |
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| 420 Hunter St | Single Family | 1,390 | B |
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| 446 Hunter St | Multi-family - less than 10 units | 2,083 | B |
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| 512 Nathan Hale Rd | Single Family | 1,358 | B |
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| 418 Hunter St | Multi-family - less than 10 units | 1,830 | B |
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| 416 Nathan Hale Rd | Multi-family - less than 10 units | 1,600 | B |
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| 516 Nathan Hale Rd | Multi-family - less than 10 units | 1,803 | B |
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| 525 Franklin Rd | Multi-family - less than 10 units | 1,572 | B |
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| 6405 S Dixie Hwy | Store, one story | 5,550 | B |
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| 6411 S Dixie Hwy | Store, one story | 1,842 | B |
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| 412 Hunter St | Single Family | 1,965 | B |
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| 522 Nathan Hale Rd | Single Family | 1,325 | B |
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| 412 Nathan Hale Rd | Multi-family - less than 10 units | 1,517 | 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.
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
411 Hunter St
6413 S Dixie Hwy
517 Franklin Rd
517 Franklin Rd
6405 S Dixie Hwy
6405 S Dixie Hwy
6417 S Dixie Hwy
6400 South Dixie Hwy
410 Franklin Rd
522 Nathan Hale
517 Nathan Hale Rd
519 Nathan Hale Rd
519 Nathan Hale Rd
6301 S Dixie Hwy
412 Hunter St
412 Hunter St
428 Hunter St