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 
334 Nathan Hale Rd Single Family 1,209 B
320 Nathan Hale Rd Single Family 1,997 B
331 Franklin Rd Single Family 1,319 B
335 Franklin Rd Single Family 1,911 B
325 Franklin Rd Single Family 2,282 B
331 Nathan Hale Rd Single Family 1,300 B
342 Nathan Hale Rd Single Family 2,337 B
333 Nathan Hale Rd Single Family 1,735 B
339 Franklin Rd Single Family 2,122 B
327 Nathan Hale Rd Single Family 2,619 B
341 Nathan Hale Rd Single Family 1,490 B
312 Nathan Hale Rd Single Family 1,638 B
343 Franklin Rd Single Family 2,054 B
311 Franklin Rd Single Family 2,108 B
330 Franklin Rd Single Family 1,317 B
349 Nathan Hale Rd Single Family 1,433 B
322 Colonial Rd Single Family 2,267 B
350 Nathan Hale Rd Single Family 2,552 B
328 Franklin Rd Single Family 1,535 B
320 Colonial Rd Single Family 3,441 B
315 Nathan Hale Rd Single Family 1,810 B
344 Colonial Rd Single Family 1,556 B
338 Franklin Rd Single Family 1,849 B
349 Franklin Rd Single Family 1,747 B
306 Nathan Hale Rd Single Family 1,749 B
353 Nathan Hale Rd Single Family 2,063 B
309 Franklin Rd Single Family 1,925 B
342 Franklin Rd Single Family 1,462 B
350 Colonial Rd Single Family 2,310 B
309 Nathan Hale Rd Single Family 1,414 B
312 Franklin Rd Single Family 2,130 B
356 Nathan Hale Rd Single Family 1,399 B
308 Colonial Rd Single Family 1,525 B
331 Hunter St Single Family 1,148 B
361 Franklin Rd Single Family 1,435 B
333 Hunter St Single Family 1,136 B
300 Nathan Hale Rd Single Family 1,485 B
329 Hunter St Single Family 1,966 B
356 Colonial Rd Single Family 1,329 B
348 Franklin Rd Single Family 1,391 B
359 Nathan Hale Rd Single Family 1,037 B
301 Franklin Rd Single Family 2,891 B
339 Hunter St Single Family 1,429 B
308 Franklin Rd Single Family 1,311 B
301 Nathan Hale Rd Single Family 1,093 B
333 Colonial Rd Single Family 3,508 A
366 Nathan Hale Rd Single Family 1,410 B
343 Hunter St Single Family 1,583 B
337 Colonial Rd Single Family 1,369 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 76 of all properties in this area. This suggests it would appeal to someone earning around $88,664 per year who should qualify for a mortgage between $177,328 and $221,660.

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 76 of all properties in this area. This corresponds to a rent of $1,281 per month and a monthly household income of $3,532 ($42,384 per year)

Nearby Companies

Cymbal Master, LLC
365 Nathan Hale Rd
Linji Consulting Corp
365 Nathan Hale Rd
The Untangling, LLC
345 Colonial Rd
Nicholas Lasorsa P.A.
344 Colonial Rd
Cece Bowman Interiors Inc.
333 Colonial Rd
Bella Bella Tropical Inc.
356 Nathan Hale Rd
Kleantek Usa, LLC
300 Franklin Rd
Disclaimers and Disclosures

Public Records Data

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