350 Leigh Rd, West Palm Beach
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:
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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 | |
|---|---|---|---|---|
| 346 Leigh Rd | Single Family | 1,154 | B |
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| 354 Leigh Rd | Single Family | 1,130 | B |
|
| 345 Alhambra Pl | Single Family | 1,897 | B |
|
| 351 Alhambra Pl | Single Family | 1,217 | B |
|
| 340 Leigh Rd | Single Family | 1,256 | B |
|
| 360 Leigh Rd | Single Family | 1,338 | B |
|
| 339 Alhambra Pl | Single Family | 2,633 | B |
|
| 349 Leigh Rd | Single Family | 1,434 | B |
|
| 357 Alhambra Pl | Single Family | 1,567 | B |
|
| 353 Leigh Rd | Single Family | 1,423 | B |
|
| 345 Leigh Rd | Single Family | 1,246 | B |
|
| 336 Leigh Rd | Single Family | 1,559 | B |
|
| 366 Leigh Rd | Single Family | 1,209 | B |
|
| 333 Alhambra Pl | Single Family | 1,665 | B |
|
| 359 Leigh Rd | Single Family | 1,327 | B |
|
| 339 Leigh Rd | Single Family | 1,851 | B |
|
| 363 Alhambra Pl | Single Family | 1,729 | B |
|
| 365 Leigh Rd | Single Family | 1,170 | B |
|
| 335 Leigh Rd | Single Family | 1,201 | B |
|
| 330 Leigh Rd | Single Family | 1,129 | B |
|
| 370 Leigh Rd | Single Family | 1,130 | B |
|
| 350 Laurie Rd | Single Family | 1,145 | B |
|
| 348 Alhambra Pl | Single Family | 1,741 | B |
|
| 329 Alhambra Pl | Single Family | 1,984 | B |
|
| 344 Alhambra Pl | Single Family | 1,864 | B |
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| 354 Laurie Rd | Single Family | 1,338 | B |
|
| 346 Laurie Rd | Single Family | 1,308 | B |
|
| 369 Alhambra Pl | Single Family | 1,273 | B |
|
| 354 Alhambra Pl | Single Family | 1,964 | B |
|
| 338 Alhambra Pl | Single Family | 1,584 | B |
|
| 360 Laurie Rd | Single Family | 1,297 | B |
|
| 340 Laurie Rd | Single Family | 1,321 | B |
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| 369 Leigh Rd | Single Family | 1,219 | B |
|
| 329 Leigh Rd | Single Family | 1,487 | B |
|
| 360 Alhambra Pl | Single Family | 1,761 | B |
|
| 376 Leigh Rd | Single Family | 1,171 | B |
|
| 330 Alhambra Pl | Single Family | 1,912 | B |
|
| 366 Laurie Rd | Single Family | 1,664 | B |
|
| 336 Laurie Rd | Single Family | 1,407 | B |
|
| 324 Leigh Rd | Single Family | 1,130 | B |
|
| 375 Alhambra Pl | Single Family | 1,320 | B |
|
| 321 Alhambra Pl | Single Family | 1,866 | B |
|
| 366 Alhambra Pl | Vacant Residential | 1,837 | L |
|
| 375 Leigh Rd | Single Family | 1,182 | B |
|
| 323 Leigh Rd | Single Family | 1,130 | B |
|
| 370 Laurie Rd | Single Family | 1,770 | B |
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| 330 Laurie Rd | Single Family | 1,181 | B |
|
| 326 Alhambra Pl | Single Family | 2,100 | B |
|
| 347 Glenn Rd | Single Family | 1,290 | 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
369 Leigh Rd
357 Glenn Rd
357 Glenn Rd
351 Alhambra Pl
336 Laurie Rd
336 Laurie Rd
339 Alhambra Pl
339 Alhambra Pl
339 Laurie Rd
333 Alhambra Pl