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 
381 Churchill Rd Single Family 2,064 B
5812 S Dixie Hwy Mixed use - store and office or store and residential or residential combination 2,598 B
5818 S Dixie Hwy Professional service building 2,022 B
382 Ellamar Rd Multi-family - less than 10 units 3,397 B
5808 S Dixie Hwy Store, one story 1,479 B
376 Ellamar Rd Single Family 1,877 B
375 Churchill Rd Single Family 1,586 B
390 Churchill Rd Single Family 1,754 B
384 Churchill Rd Single Family 1,305 B
5800 S Dixie Hwy Store, one story 6,272 B
370 Ellamar Rd Single Family 1,870 B
380 Churchill Rd Single Family 1,071 B
5900 S Dixie Hwy Store, one story 4,190 B
369 Churchill Rd Single Family 1,659 B
374 Churchill Rd Single Family 1,195 B
364 Ellamar Rd Multi-family - less than 10 units 1,841 B
385 Palmetto St Single Family 1,825 B
5716 S Dixie Hwy Mixed use - store and office or store and residential or residential combination 2,477 B
5815 S Dixie Hwy Store, one story 3,162 B
377 Palmetto St Single Family 2,603 B
5801 S Dixie Hwy Office building, non-professional service building, one story 2,217 B
365 Churchill Rd Single Family 1,624 B
5908 S Dixie Hwy Store, one story 4,512 B
368 Churchill Rd Single Family 1,447 B
383 Ellamar Rd Single Family 1,250 B
377 Ellamar Rd Single Family 1,713 B
360 Ellamar Rd Single Family 1,670 B
369 Palmetto St Single Family 1,936 B
371 Ellamar Rd Single Family 2,315 B
5901 S Dixie Hwy Drive-in Restaurant 898 B
5710 S Dixie Hwy Office building, non-professional service building, one story 3,800 B
362 Churchill Rd Single Family 1,439 B
410 Revere Rd Multi-family - less than 10 units 1,411 B
357 Churchill Rd Single Family 1,231 B
363 Palmetto St Single Family 1,429 B
365 Ellamar Rd Single Family 1,635 B
5705 S Dixie Hwy Office building, non-professional service building, one story 8,152 A
5909 S Dixie Hwy Mixed use - store and office or store and residential or residential combination 3,601 B
411 Churchill Rd Single Family 2,051 B
352 Ellamar Rd Single Family 1,731 B
416 Revere Rd Single Family 954 B
411 Revere Rd Multi-family - less than 10 units 1,485 C
5913 S Dixie Hwy Mixed use - store and office or store and residential or residential combination 7,406 B
359 Ellamar Rd Single Family 1,267 B
356 Churchill Rd Single Family 1,076 B
380 Potter Rd Single Family 1,860 B
374 Potter Rd Single Family 1,364 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 82 of all properties in this area. This suggests it would appeal to someone earning around $107,654 per year who should qualify for a mortgage between $215,308 and $269,135.

Annual Income Distribution - All Households (Brown), Renters (Blue)
0
10
20
30
40
50
60
70
80
90
100
$0
$170,849
$341,697
$512,546
$683,394
$107,654

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 82 of all properties in this area. This corresponds to a rent of $1,394 per month and a monthly household income of $3,831 ($45,972 per year)

Rent Range - Gross Monthly Income (Blue), Gross Rent (Green)
0
10
20
30
40
50
60
70
80
90
100
$105
$2,333
$4,561
$6,789
$9,017
$3,831
$1,394

Nearby Companies

Crazytuff K9 Gear LLC
410 Independence Rd
Pieter Swart 2 LLC
410 Independence Rd
Dr. Boutros Holdings LLC
5801 S Dixie Hwy
Peluqueria Lozano LLC
5815 S Dixie Hwy
Lhp3 Properties LLC
5710 South Dixie Hwy
Yra Design, Inc.
5707 S Dixie Hwy #8
Rudy Gurrola, Jr., P.A.
5707 South Dixie Hwy
Taste Of Europe, Inc.
5707 South Dixie Hwy
Carolyn Landon, P.A.
5707 South Dixie Hwy
Marion'S Hair Connections, Inc.
5707 S Dixie Hwy Ste C
Itn Media LLC
5710 S Dixie Hwy
News Media Group Inc
5710 S Dixie Hwy
South Palm Realty, Inc.
5710 S Dixie Hwy
Core Marketing, Inc.
5800 S Dixie Hwy
The Painted Ox, Inc.
5800 S Dixie Hwy
Flourflower, Inc.
5800 S Dixie Hwy
Gemini Lash & Skincare LLC
5812 S Dixie Hwy
James Einik, Inc.
377 Ellamar Rd
Michaelangelo.P LLC
352 Ellamar Rd
China Lu, Inc.
6017 S Dixie Hwy
El Paraiso Bar & Restaurant, Inc.
6011 South Dixie Hwy
Divas Beauty Deluxe LLC
6007 S Dixie Hwy
Julio Cesar Malqui LLC
6005 S Dixie Hwy
Malqui Tax Inc
6005 S Dixie Hwy
Jack B. Dewey D.D.S., P A
6000 South Dixie Hwy
Paradise Signs LLC
5913 S Dixie Hwy
Mb Group Investments LLC
5913 S Dixie Hwy
Mb Group Properties LLC
5913 S Dixie Hwy
Betty Wilson, Inc.
5909 S Dixie Hwy
Palm Beach Rug Gallery LLC
5913 South Dixie Hwy
Gerald H. Grant, Inc.
5913 S Dixie Hwy
Taha Associates, Inc.
5914 S Dixie Hwy
Frb Seven L.L.C
5910 South Dixie Hwy
Rosy'S Beauty Salon Unisex, Inc
5910 South Dixie Hwy
Cream Of The Crop, LLC
5901 S Dixie Hwy
Yoda Endeavors, LLC
5901 S Dixie Hwy
My Dear Daughter, Inc.
5901 S Dixie Hwy
Frb Eight LLC
5912 South Dixie Hwy
Arista Insurance Advisors, Inc.
5902-B S Dixie Hwy
Arista Insurance Advisors Ii, Inc.
5902-B South Dixie Hwy
Frb Six LLC
5908 S Dixie Hwy
Wireless Freedom Inc
5900 S Dixie Hwy
Garden Ave, LLC
6000 S Dixie Hwy
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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