2959 Sw West Lake Cir, Palm City
Martin County Real Estate - Palm City
Palm City is in South East Florida. It's population as recorded in the 2010 Census was 23,120. Palm City is approximately 9 miles from Port Saint Lucie (population 164,603) and around 63 miles from Palm Bay (population 103,190).
The median age for residents of Palm City is 49.7. Around 27.9% of Palm City households include school aged children and 42.3% of households include individuals aged 65 years or over. Census records indicate 95.3% of the Palm City population are White, 1% are Black or African American, .1% American Indian, 1.5% Asian and 1.2% are Two or more Races.
There are 10,939 housing units in Palm City. 1,174 (10.7%) of these were reported as vacant in the 2010 Census. Palm City is a tourist destination, 39.6% (465) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 1,636 residential rental units in Palm City. 1,415 of them were occupied in 2010 providing a residential rental vacancy rate of 13%.
Palm City links:
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Martin County
Martin County is part of the southeast region of Florida, along with Indian River, St. Lucie, Miami-Dade, Palm Beach, Broward, and Monroe counties. Martin cities and towns are Stuart, Jupiter Island, Ocean Breeze, and Sewall's Point. Other communities of note include Hobe Sound, Indiantown, Jensen Beach, and Palm City. More than 140,000 people live in Martin County.
County targeted industries include aviation and aerospace, environmental/green technologies, marine industries, and headquarters. Top public sector employers are Martin County School District, Martin County, Florida State Government, City of Stuart, and Indian River State College. Private employers are Martin Memorial Healthcare Systems, Publix Supermarkets, Old Cell Phone, TurboCombustor Technologies Inc, and Florida Power and Light.
The county seat of Stuart is home to over 15,000. Known as the Sailfish Capital of the World, Stuart is a popular boating and fishing destination. Indeed, Ralph Evinrude, owner of Evinrude Outboard Motors, retired to nearby Jensen Beach.
Jupiter Island is a town located in the southeastern section of the county on the barrier island of the same name. Located off the coast of Hobe Sound, Jupiter Island is amongst the five wealthiest places per capita in the country. The town has been home to celebrities such as Tiger Woods, Celine Dion, and Alan Jackson.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 2965 Sw West Lake Cir | Single Family | 1,177 | B |
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| 2953 Sw Westlake Ci | Single Family | 1,479 | B |
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| 2971 Sw Westlake Ci | Single Family | 1,294 | B |
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| 2977 Sw West Lake Cir | Single Family | 1,362 | B |
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| 3905 Sw West Lake Ter | Single Family | 1,605 | B |
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| 3911 Sw West Lake Ter | Single Family | 1,488 | B |
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| 2960 Sw West Lake Cir | Single Family | 1,479 | B |
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| 2983 Sw Westlake Ci | Single Family | 1,605 | B |
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| 2954 Sw West Lake Cir | Single Family | 1,479 | B |
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| 2966 Sw West Lake Ci | Single Family | 1,605 | B |
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| 3917 Sw West Lake Ter | Single Family | 1,362 | B |
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| 2972 Sw Westlake Ci | Single Family | 1,362 | B |
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| 2978 Sw West Lake Cir | Single Family | 1,177 | B |
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| 2948 Sw West Lake Cir | Single Family | 1,479 | B |
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| 3923 Sw Westlake Terr | Single Family | 1,605 | B |
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| 2809 Sw Westlake Cr | Single Family | 1,605 | B |
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| 2803 Sw West Lake Cir | Single Family | 1,362 | B |
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| 2989 Sw Westlake Ci | Single Family | 1,605 | B |
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| 2984 Sw West Lake Cir | Single Family | 1,294 | B |
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| 2942 Sw West Lake Cir | Single Family | 1,362 | B |
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| 2797 Sw West Lake Cir | Single Family | 1,177 | B |
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| 2990 Sw West Lake Cir | Single Family | 1,362 | B |
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| 2791 Sw West Lake Cir | Single Family | 1,294 | B |
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| 2936 Sw Westlake Ci | Single Family | 1,177 | B |
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| 2995 Sw Westlake Ci | Single Family | 1,605 | B |
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| 2785 Sw West Lake Cir | Single Family | 1,362 | B |
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| 3910 Sw Westlake Ci | Single Family | 1,362 | B |
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| 2996 Sw Westlake Cir | Single Family | 1,605 | B |
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| 2930 Sw West Lake Cir | Single Family | 1,177 | B |
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| 3916 Sw Westlake Tc | Single Family | 1,362 | B |
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| 2779 Sw West Lake Cir | Single Family | 1,479 | B |
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| 2924 Sw Westlake Ci | Single Family | 1,362 | B |
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| 3001 Sw West Lake Cir | Single Family | 1,479 | B |
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| 3002 Sw West Lake Cir | Single Family | 1,479 | B |
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| 2816 Sw Westlake Ci | Single Family | 1,605 | B |
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| 2918 Sw West Lake Cir | Single Family | 1,479 | B |
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| 2773 Sw West Lake Cir | Single Family | 1,479 | B |
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| 2810 Sw West Lake Cir | Single Family | 1,605 | B |
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| 2822 Sw West Lake Cir | Single Family | 1,362 | B |
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| 2828 Sw West Lake Cir | Single Family | 1,177 | B |
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| 3007 Sw Westlake Circle | Single Family | 1,362 | B |
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| 2804 Sw Westlake Ci | Single Family | 1,362 | B |
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| 2798 Sw West Lake Cir | Single Family | 1,177 | B |
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| 2834 Sw West Lake Cir | Single Family | 1,177 | B |
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| 3008 Sw Westlake Ci | Single Family | 1,488 | B |
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| 2792 Sw West Lake Cir | Single Family | 1,177 | B |
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| 2769 Sw West Lake Cir | Single Family | 1,479 | B |
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| 2840 Sw West Lake Cir | Single Family | 1,362 | B |
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| 3013 Sw Westlake Cir | Single Family | 1,294 | B |
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Local Household Income
The median household income in this part of Florida is $73,204. The bottom 10% of the population earn less than $25,099 per year. The top 10% earn more than $265,762 per year. The top 1% earn more than $672,729 per year. Most renters earn between $28,200 (20th percentile) and $55,116 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $146,408 and $183,010.
The tax assessed value of this property places it in percentile 41 of all properties in this area. This suggests it would appeal to someone earning around $60,112 per year who should qualify for a mortgage between $120,224 and $150,280.
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 $955. Most renters earn between $2,350 and $4,593 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $706 (20th percentile) to $1,306 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 41 of all properties in this area. This corresponds to a rent of $892 per month and a monthly household income of $2,960 ($35,520 per year)
Nearby Companies
2942 Sw Westlake Cir