424 9th St, West Palm Beach
Palm Beach County Real Estate - West Palm Beach
West Palm Beach is in South East Florida. It's population as recorded in the 2010 Census was 99,919.
The median age for residents of West Palm Beach is 38.1. Around 25.5% of West Palm Beach households include school aged children and 26.9% of households include individuals aged 65 years or over. Census records indicate 56.7% of the West Palm Beach population are White, 32.4% are Black or African American, .4% American Indian, 2.2% Asian and 2.6% are Two or more Races. West Palm Beach has a significant Hispanic population. 22.6% (22,601) of West Palm Beach residents are of Hispanic or Latino origin. Of these 12.41% are of Mexican origin, 14.56% Puerto Rican, 23.61% Cuban and 49.41% are of other Hispanic or Latino origin.
There are 54,179 housing units in West Palm Beach. 11,267 (20.7%) of these were reported as vacant in the 2010 Census. There are 25,318 residential rental units in West Palm Beach. 21,180 of them were occupied in 2010 providing a residential rental vacancy rate of 15.9%.
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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 | |
|---|---|---|---|---|
| 426 9th St | Multi-family - less than 10 units | 4,744 | B |
 |
| 420 9th St | Single Family | 1,785 | B |
|
| 430 9th St | Single Family | 1,753 | B |
|
| 414 9th St | Single Family | 2,176 | B |
|
| 423 8th St | Multi-family - less than 10 units | 2,207 | B |
|
| 419 8th St | Multi-family - less than 10 units | 1,357 | B |
|
| 425 8th St | Multi-family - less than 10 units | 2,708 | B |
|
| 412 9th St | Single Family | 2,568 | B |
|
| 438 9th St | Single Family | 2,101 | B |
|
| 417 8th St | Multi-family - less than 10 units | 1,430 | B |
|
| 431 8th St | Multi-family - less than 10 units | 1,431 | B |
|
| 421 9th St | Vacant Residential | 0 | L | |
| 425 9th St | Multi-family - less than 10 units | 896 | B |
|
| 417 9th St | Vacant Residential | 0 | L | |
| 440 9th St | Multi-family - less than 10 units | 4,834 | B |
|
| 411 8th St | Multi-family - less than 10 units | 2,446 | B |
|
| 435 8th St | Multi-family - less than 10 units | 2,066 | B |
|
| 427 9th St | Single Family | 2,324 | B |
|
| 415 9th St | Multi-family - less than 10 units | 4,086 | B |
|
| 429 9th St | Single Family | 2,862 | B |
|
| 919 N Dixie Hwy | Store, one story | 4,400 | B |
|
| 437 8th St | Multi-family - less than 10 units | 2,104 | B |
|
| 915 N Dixie Hwy | Store, one story | 9,050 | B |
|
| 446 9th St | Vacant Residential | 0 | L | |
| 435 9th St | Single Family | 1,583 | B |
|
| 907 N Dixie Hwy | Office building, non-professional service building, one story | 4,586 | B |
|
| 904 N Railroad Ave | Vacant Residential | 0 | L | |
| 1001 N Dixie Hwy | Store, one story | 2,800 | B |
|
| 901 N Dixie Hwy | Store, one story | 5,070 | B |
|
| 452 9th St | Vacant Residential | 0 | L | |
| 445 8th St | Vacant Residential | 0 | L | |
| 422 8th St | Single Family | 2,088 | B |
|
| 418 8th St | Vacant Residential | 0 | L | |
| 426 8th St | Vacant Residential | 0 | L | |
| 414 8th St | Single Family | 1,412 | B |
|
| 430 8th St | Multi-family - less than 10 units | 3,109 | B |
|
| 424 10th St | Multi-family - less than 10 units | 1,560 | B |
|
| 1007 N Dixie Hwy | Store, one story | 2,365 | B |
|
| 426 10th St | Multi-family - less than 10 units | 1,565 | B |
|
| 418 10th St | Multi-family - less than 10 units | 2,252 | B |
|
| 1000 N Railroad Ave | Open storage (building supplies, auto wrecking, fuel, equipment or material storage) | 0 | L | |
| 1000 N Dixie Hwy | Office building, non-professional service building, multi-story | 28,791 | B |
|
| 410 8th St | Single Family | 1,572 | B |
|
| 434 8th St | Single Family | 3,313 | B |
|
| 428 10th St | Multi-family - less than 10 units | 3,206 | B |
|
| 412 10th St | Multi-family - less than 10 units | 2,181 | B |
|
| 829 N Dixie Hwy | Vacant Commercial | 0 | L | |
| 432 10th St | Multi-family - less than 10 units | 1,850 | B |
|
| 404 10th St | Multi-family - less than 10 units | 4,556 | 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 57 of all properties in this area. This suggests it would appeal to someone earning around $55,415 per year who should qualify for a mortgage between $110,830 and $138,538.
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 57 of all properties in this area. This corresponds to a rent of $1,058 per month and a monthly household income of $2,993 ($35,916 per year)
Nearby Companies
1023 North Dixie Hwy
1016 North Dixie Highway Second Floor
1000 N Dixie Hwy
1007 North Dixie Hwy
1007 North Dixie Hwy
905 North Dixie Hwy
901 North Dixie Hwy
900 N Dixie Hwy
917 N Railroad Ave
925 N Railroad Ave
426 8th St
445 10th St
422 8th St
422 8th St
420 9th St
411 8th St
419 8th Street Apt 4
919 N Dixie Hwy
915 N Dixie Hwy
909 N Dixie Hwy
909 N Dixie Hwy
1011 N Dixie Hwy
1011 North Dixie Hwy
411 7th St