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 
142 Alpine Rd Single Family 1,452 B
130 Alpine Rd Single Family 1,918 B
125 Beverly Rd Single Family 1,872 B
6914 Washington Rd Single Family 1,679 B
124 Alpine Rd Single Family 1,876 B
135 Alpine Rd Single Family 2,282 B
121 Beverly Rd Single Family 1,687 B
141 Alpine Rd Single Family 1,188 B
123 Alpine Rd Single Family 5,131 A
6901 Washington Rd Single Family 5,431 B
117 Beverly Rd Single Family 3,785 A
6915 Washington Rd Single Family 1,833 B
120 Alpine Rd Single Family 2,296 B
119 Alpine Rd Single Family 4,463 A
6810 Washington Rd Single Family 3,402 B
203 Alpine Rd Single Family 3,880 A
134 Beverly Rd Single Family 3,389 B
126 Beverly Rd Single Family 2,577 B
209 Beverly Rd Single Family 1,573 B
115 Alpine Rd Single Family 3,834 B
212 Alpine Rd Vacant Residential 1,410 L
120 Beverly Rd Single Family 3,305 B
124 Forest Hill Blvd Vacant Residential 0 L
7001 Washington Rd Single Family 2,876 B
6807 Washington Rd Single Family 2,528 B
6911 S Flagler Dr Single Family 2,675 B
110 Beverly Rd Single Family 4,407 A
215 Beverly Rd Single Family 1,145 B
6901 S Flagler Dr Single Family 3,727 B
122 Forest Hill Blvd Single Family 7,179 A
6800 Washington Rd Single Family 2,074 B
6917 S Flagler Dr Single Family 5,065 A
131 Costello Rd Single Family 1,211 B
215 Alpine Rd Single Family 2,093 B
125 Costello Rd Single Family 2,152 B
135 Costello Rd Single Family 1,878 B
208 Beverly Rd Single Family 2,755 B
200 Forest Hill Blvd Single Family 1,278 B
218 Alpine Rd Single Family 1,449 B
121 Costello Rd Single Family 2,673 B
114 Forest Hill Blvd Single Family 3,187 B
221 Beverly Rd Single Family 2,449 B
212 Beverly Rd Single Family 1,749 B
7005 Washington Rd Single Family 4,562 A
7001 S Flagler Dr Vacant Residential 0 L
210 Forest Hill Blvd Single Family 1,203 B
219 Alpine Rd Single Family 1,846 B
6801 S Flagler Dr Single Family 11,889 A
216 Beverly Rd Single Family 1,579 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 91 of all properties in this area. This suggests it would appeal to someone earning around $171,258 per year who should qualify for a mortgage between $342,516 and $428,145.

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 91 of all properties in this area. This corresponds to a rent of $1,704 per month and a monthly household income of $4,575 ($54,900 per year)

Nearby Companies

Star Property Rentals, LLC
7001 Washington Rd
Ellamar LLC
136 Alpine Rd
Hotz Realty Inc.
6901 Washington Rd
Jags Salon, LLC
219 Alpine Rd
Daves And Company, Inc.
225 Alpine Rd
Misfit Resq Inc
215 Alpine Rd
Cottage Estates, LLC
135 Costello Rd
Disclaimers and Disclosures

Public Records Data

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