7586 Nw 116 Ln, Parkland
Palm Beach County Real Estate - Loxahatchee
Loxahatchee is in South East Florida. Loxahatchee is approximately 43 miles from Miami (population 399,457) and around 39 miles from Hialeah (population 224,669).
Loxahatchee links:
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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 7596 Nw 116 Ln | Single Family | 4,754 | B |
 |
| 7566 Nw 116 Ln | Single Family | 5,070 | B |
|
| 7546 Nw 116 Ln | Single Family | 3,908 | B |
|
| 7616 Nw 116 Ln | Single Family | 5,006 | B |
|
| 7719 Nw 117 Ln | Single Family | 4,124 | B |
|
| 7636 Nw 116 Ln | Single Family | 3,908 | B |
|
| 7526 Nw 116 Ln | Single Family | 5,006 | B |
|
| 7678 Nw 117 Ln | Single Family | 4,818 | B |
|
| 7641 Nw 116 Ln | Single Family | 3,908 | B |
|
| 7709 Nw 117 Ln | Single Family | 5,006 | B |
|
| 7506 Nw 116 Ln | Single Family | 3,784 | B |
|
| 7699 Nw 117 Ln | Single Family | 3,908 | B |
|
| 7523 Nw 116 Ln | Single Family | 3,918 | B |
|
| 7658 Nw 117 Ln | Single Family | 4,425 | B |
|
| 7656 Nw 116 Ln | Single Family | 5,006 | B |
|
| 11552 Nw 75 Mnr | Single Family | 3,853 | B |
|
| 11555 Nw 75 Mnr | Single Family | 3,091 | B |
|
| 7689 Nw 117 Ln | Single Family | 5,006 | B |
|
| 7661 Nw 116 Ln | Single Family | 3,997 | B |
|
| 7513 Nw 116 Ln | Single Family | 4,816 | B |
|
| 7496 Nw 116 Ln | Single Family | 4,124 | B |
|
| 7638 Nw 117 Ln | Single Family | 3,918 | B |
|
| 7669 Nw 117 Ln | Single Family | 4,889 | B |
|
| 7666 Nw 116 Ln | Single Family | 3,997 | B |
|
| 11542 Nw 75 Mnr | Single Family | 3,115 | B |
|
| 11545 Nw 75 Mnr | Single Family | 3,485 | B |
|
| 7686 Nw 116 Ln | Single Family | 5,006 | B |
|
| 7671 Nw 116 Ln | Single Family | 4,754 | B |
|
| 7649 Nw 117 Ln | Single Family | 4,754 | B |
|
| 7483 Nw 116 Ln | Single Family | 5,070 | B |
|
| 7608 Nw 117 Ln | Single Family | 4,816 | B |
|
| 7486 Nw 116 Ln | Single Family | 4,889 | B |
|
Local Household Income
The median household income in this part of Florida is $61,545. The bottom 10% of the population earn less than $21,166 per year. The top 10% earn more than $141,056 per year. The top 1% earn more than $347,811 per year. Most renters earn between $37,476 (20th percentile) and $58,572 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $123,090 and $153,863.
The tax assessed value of this property places it in percentile 95 of all properties in this area. This suggests it would appeal to someone earning around $168,462 per year who should qualify for a mortgage between $336,924 and $421,155.
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 $1,297. Most renters earn between $3,123 and $4,881 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $1,015 (20th percentile) to $1,595 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 95 of all properties in this area. This corresponds to a rent of $2,237 per month and a monthly household income of $6,575 ($78,900 per year)
Nearby Companies
7689 Nw 117th Ln
7689 Nw 117th Ln
7689 Northwest 117th Ln
7616 Nw 116th Ln
7596 Nw 116th Ln
7526 Nw 116th Ln