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 
138 Gregory Pl Single Family 1,454 B
143 Gregory Rd Single Family 2,314 B
147 Gregory Rd Single Family 2,942 B
137 Gregory Rd Single Family 1,243 B
141 Gregory Pl Single Family 4,163 B
139 Gregory Pl Single Family 2,100 B
134 Gregory Pl Single Family 1,312 B
145 Gregory Pl Single Family 1,418 B
148 Gregory Pl Single Family 1,493 B
133 Gregory Rd Single Family 1,209 B
151 Gregory Rd Single Family 1,302 B
135 Gregory Pl Single Family 2,672 B
149 Gregory Pl Single Family 1,543 B
130 Gregory Pl Single Family 3,023 B
120 Rutland Blvd Single Family 1,578 B
150 Gregory Pl Vacant Residential 1,189 L
129 Gregory Rd Single Family 1,440 B
130 Rutland Blvd Single Family 2,103 B
108 Rutland Blvd Single Family 2,332 B
131 Gregory Pl Single Family 1,564 B
151 Arlington Rd Single Family 1,717 B
155 Gregory Rd Single Family 1,530 B
134 Rutland Blvd Single Family 2,072 B
152 Arlington Rd Single Family 2,236 B
153 Gregory Pl Single Family 1,664 B
134 Gregory Rd Single Family 1,829 B
124 Gregory Pl Single Family 1,431 B
138 Rutland Blvd Single Family 1,225 B
121 Gregory Rd Single Family 2,061 B
140 Gregory Rd Single Family 1,331 B
125 Gregory Pl Single Family 1,264 B
156 Gregory Pl Single Family 3,046 B
8001 Arlington Pl Single Family 1,627 B
100 Rutland Blvd Single Family 1,833 B
159 Gregory Rd Single Family 1,568 B
169 Arlington Rd Single Family 1,249 B
157 Gregory Pl Single Family 1,633 B
156 Arlington Rd Single Family 1,464 B
146 Rutland Blvd Single Family 2,932 B
144 Gregory Rd Single Family 2,229 B
173 Arlington Rd Single Family 1,249 B
117 Rutland Blvd Single Family 1,477 B
125 Rutland Blvd Single Family 1,342 B
118 Gregory Pl Single Family 1,189 B
109 Rutland Blvd Multi-family - less than 10 units 3,125 B
117 Gregory Rd Single Family 1,921 B
119 Gregory Pl Single Family 2,145 B
135 Rutland Blvd Single Family 2,429 B
179 Arlington Rd Single Family 1,990 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 87 of all properties in this area. This suggests it would appeal to someone earning around $133,490 per year who should qualify for a mortgage between $266,980 and $333,725.

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 87 of all properties in this area. This corresponds to a rent of $1,542 per month and a monthly household income of $4,163 ($49,956 per year)

Nearby Companies

D Snider Co LLC
149 Rutland Blvd
Amy Walker, Lmft, LLC
119 Gregory Pl
A. Valdes Construction, Inc.
130 Rutland Blvd
Lifestyle & Longevity LLC
138 Rutland Blvd
Mine-Rg, Inc.
109 Rutland Blvd
Squint Photos, Inc.
141 Rutland Blvd
Digital Ascension, LLC
7907 Washington Rd
Gregory Rentals LLC
157 Gregory Pl
Aaagm Inc.
157 Gregory Pl
Hwn Corporation
150 Gregory Rd
John Douglas Thomson Pa
159 Gregory Rd
Event Consultants, LLC
146 Rutland Blvd
Island Mer~Maids, LLC
169 Arlington Rd
Downfall, LLC
117 Gregory Rd
Lechner Properties, LLC
117 Gregory Rd
Emazon Store LLC
147 Gregory Rd
Disclaimers and Disclosures

Public Records Data

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