10482 Se Banyan Way, Tequesta
Palm Beach County Real Estate - Jupiter
Jupiter is in South East Florida. It's population as recorded in the 2010 Census was 55,156.
The median age for residents of Jupiter is 44.7. Around 26% of Jupiter households include school aged children and 32.5% of households include individuals aged 65 years or over. Census records indicate 90.6% of the Jupiter population are White, 1.5% are Black or African American, .5% American Indian, 2% Asian and 1.7% are Two or more Races.
There are 29,825 housing units in Jupiter. 5,905 (19.7%) of these were reported as vacant in the 2010 Census. Jupiter is a tourist destination, 68.3% (4,035) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 6,702 residential rental units in Jupiter. 6,001 of them were occupied in 2010 providing a residential rental vacancy rate of 9.8%.
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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 | |
|---|---|---|---|---|
| 10506 Se Banyan Way | Single Family | 3,179 | B |
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| 10458 Se Banyan Way | Single Family | 2,724 | B |
|
| 10505 Se Banyan Way | Single Family | 2,729 | B |
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| 10481 Se Banyan Way | Single Family | 3,286 | C |
|
| 10434 Se Banyan Way | Single Family | 1,746 | C |
|
| 10457 Se Banyan Way | Single Family | 3,617 | B |
|
| 10483 Se Silver Palm Way | Single Family | 2,896 | B |
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| 10507 Se Silver Palm Way | Single Family | 3,578 | B |
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| 10459 Se Silver Palm Way | Single Family | 3,301 | B |
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| 10433 Se Banyan Way | Vacant Residential | 0 | L | |
| 10410 Se Banyan Way | Single Family | 3,060 | B |
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| 10435 Se Silver Palm Way | Single Family | 2,759 | B |
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| 18505 Se Heritage Oaks Ln | Single Family | 2,806 | B |
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| 18481 Se Heritage Oaks Ln | Single Family | 4,028 | B |
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| 10409 Se Banyan Way | Single Family | 3,727 | B |
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| 18348 Se Heritage Dr | Single Family | 3,189 | B |
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| 10508 Se Silver Palm Way | Single Family | 3,785 | B |
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| 10484 Se Silver Palm Way | Single Family | 3,200 | A |
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| 10386 Se Banyan Way | Single Family | 3,003 | B |
|
| 18529 Se Heritage Oaks Ln | Single Family | 3,446 | B |
|
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 98 of all properties in this area. This suggests it would appeal to someone earning around $516,872 per year who should qualify for a mortgage between $1,033,744 and $1,292,180.
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 98 of all properties in this area. This corresponds to a rent of $2,658 per month and a monthly household income of $9,592 ($115,104 per year)
Nearby Companies
18481 Se Heritage Oaks Ln
10409 Se Banyan Way
10481 Se Banyan Way