5406 Mesa Trl, West Palm Beach
Palm Beach County Real Estate - Palm Beach
Palm Beach is in South East Florida. It's population as recorded in the 2010 Census was 8,348. Palm Beach is approximately 64 miles from Miami (population 399,457) and around 60 miles from Hialeah (population 224,669).
The median age for residents of Palm Beach is 67.4. Around 7% of Palm Beach households include school aged children and 68.4% of households include individuals aged 65 years or over. Census records indicate 97.4% of the Palm Beach population are White, .6% are Black or African American, 0% American Indian, 1% Asian and .5% are Two or more Races.
There are 9,091 housing units in Palm Beach. 4,292 (47.2%) of these were reported as vacant in the 2010 Census. Palm Beach is a tourist destination, 84.5% (3,627) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 932 residential rental units in Palm Beach. 659 of them were occupied in 2010 providing a residential rental vacancy rate of 27.9%.
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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 | |
|---|---|---|---|---|
| 335 Bunker Ranch Rd | Single Family | 1,528 | B |
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| 5402 Mesa Trl | Single Family | 1,793 | B |
|
| 5409 Canyon Trl | Single Family | 1,746 | B |
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| 327 Bunker Ranch Rd | Single Family | 1,519 | B |
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| 5405 Canyon Trl | Single Family | 2,423 | B |
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| 5401 Mesa Trl | Single Family | 2,658 | B |
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| 5409 Mesa Trl | Single Family | 1,174 | B |
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| 345 Bunker Ranch Rd | Single Family | 1,531 | B |
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| 5405 Mesa Trl | Single Family | 2,903 | B |
|
| 332 Bunker Ranch Rd | Single Family | 1,472 | B |
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| 332 Putnam Ranch Rd | Single Family | 1,141 | B |
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| 5401 Canyon Trl | Single Family | 1,286 | B |
|
| 338 Bunker Ranch Rd | Single Family | 1,206 | B |
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| 338 Putnam Ranch Rd | Single Family | 1,225 | B |
|
| 328 Putnam Ranch Rd | Single Family | 1,141 | B |
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| 328 Bunker Ranch Rd | Single Family | 1,286 | B |
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| 5406 Prairie Trl | Single Family | 1,141 | B |
|
| 5406 Canyon Trl | Single Family | 1,557 | B |
|
| 342 Putnam Ranch Rd | Single Family | 1,242 | B |
|
| 344 Bunker Ranch Rd | Single Family | 1,404 | B |
|
| 324 Putnam Ranch Rd | Single Family | 1,710 | B |
|
| 319 Bunker Ranch Rd | Single Family | 1,893 | B |
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| 357 Bunker Ranch Rd | Single Family | 1,495 | B |
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| 5402 Prairie Trl | Single Family | 1,854 | B |
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| 324 Bunker Ranch Rd | Single Family | 1,660 | B |
|
| 348 Putnam Ranch Rd | Single Family | 1,560 | B |
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| 350 Bunker Ranch Rd | Single Family | 1,141 | B |
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| 318 Putnam Ranch Rd | Single Family | 1,200 | B |
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| 339 Linda Ln | Single Family | 1,377 | B |
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| 345 Linda Ln | Single Family | 1,576 | B |
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| 318 Bunker Ranch Rd | Single Family | 1,679 | B |
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| 333 Linda Ln | Single Family | 1,501 | B |
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| 355 Linda Ln | Single Family | 985 | B |
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| 311 Bunker Ranch Rd | Single Family | 1,906 | B |
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| 354 Putnam Ranch Rd | Single Family | 1,425 | B |
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| 5401 Prairie Trl | Single Family | 1,073 | B |
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| 312 Putnam Ranch Rd | Single Family | 1,441 | B |
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| 358 Bunker Ranch Rd | Single Family | 1,594 | B |
|
| 333 Putnam Ranch Rd | Single Family | 1,985 | B |
|
| 327 Linda Ln | Single Family | 2,260 | B |
|
| 327 Putnam Ranch Rd | Single Family | 1,410 | B |
|
| 339 Putnam Ranch Rd | Single Family | 1,671 | B |
|
| 359 Linda Ln | Single Family | 1,578 | B |
|
| 5411 S Olive Ave | Single Family | 3,320 | B |
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| 312 Bunker Ranch Rd | Single Family | 1,458 | B |
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| 323 Putnam Ranch Rd | Single Family | 1,461 | B |
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| 343 Putnam Ranch Rd | Single Family | 1,303 | B |
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| 5401 S Olive Ave | Vacant Residential | 0 | L |
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 80 of all properties in this area. This suggests it would appeal to someone earning around $100,979 per year who should qualify for a mortgage between $201,958 and $252,448.
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 80 of all properties in this area. This corresponds to a rent of $1,364 per month and a monthly household income of $3,715 ($44,580 per year)
Nearby Companies
312 Putnam Ranch Rd
343 Putnam Ranch Rd
332 Linda Ln
327 Linda Ln
324 Bunker Ranch Rd
311 Bunker Ranch Rd
358 Linda Ln
365 Linda Ln
365 Linda Ln
365 Linda Ln
344 Bunker Ranch Rd
372 Bunker Ranch Rd
5406 Mesa Trl