1519 Henrietta Ave, 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 | |
---|---|---|---|---|
608 15th St | Single Family | 1,200 | B | |
600 15th St | Drive-in Restaurant | 454 | B | |
614 15th St | Municipal Owned | 0 | L | |
1503 Henrietta Ave | Vacant Residential | 0 | L | |
607 14th St | Multi-family - less than 10 units | 1,259 | B | |
611 14th St | Municipal Owned | 0 | L | |
628 15th St | Single Family | 1,379 | B | |
619 14th St | Vacant Residential | 0 | L | |
623 14th St | Municipal Owned | 0 | L | |
634 15th St | Single Family | 1,895 | B | |
627 14th St | Vacant Residential | 0 | L | |
640 15th St | Municipal Owned | 0 | L | |
1504 N Sapodilla Ave | Mixed use - store and office or store and residential or residential combination | 3,431 | C | |
600 14th St | Single Family | 480 | C | |
604 14th St | Church | 0 | L | |
1400 Henrietta Ave | Municipal Owned | 0 | L | |
610 14th St | Church | 4,380 | B | |
530 15th St | Forest, park or recreational area | 0 | L | |
618 14th St | Vacant Residential | 0 | L | |
703 14th St | Single Family | 1,197 | B | |
1515 N Sapodilla Ave | Vacant Residential | 0 | L | |
702 15th St | Store, one story | 351 | B | |
537 15th St | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 3,200 | B | |
537 14th St | Auto sales, auto repair and storage or auto service shop | 1,250 | B | |
1420 N Sapodilla Ave | Municipal Owned | 0 | L | |
709 14th St | Single Family | 1,838 | B | |
533 15th St | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 3,061 | B | |
1401 Henrietta Ave | Municipal Owned | 0 | L | |
605 13th St | Municipal Owned | 0 | L | |
625 13th St | Single Family | 1,400 | B | |
1415 N Sapodilla Ave | Multi-family - less than 10 units | 1,865 | B | |
538 14th St | Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 0 | L | |
525 15th St | Multi-family - less than 10 units | 1,716 | B | |
711 14th St | Multi-family - less than 10 units | 1,408 | B | |
629 13th St | Single Family | 896 | B | |
1408 N Sapodilla Ave | Single Family | 863 | C | |
524 15th St | Single Family | 786 | B | |
704 14th St | Multi-family - less than 10 units | 1,626 | 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 38 of all properties in this area. This suggests it would appeal to someone earning around $36,775 per year who should qualify for a mortgage between $73,550 and $91,938.
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 38 of all properties in this area. This corresponds to a rent of $902 per month and a monthly household income of $2,607 ($31,284 per year)
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