Palm Beach County Real Estate - Lake Worth

Lake Worth is in South East Florida. It's population as recorded in the 2010 Census was 34,910. Lake Worth is approximately 58 miles from Miami (population 399,457) and around 54 miles from Hialeah (population 224,669).

The median age for residents of Lake Worth is 35. Around 30.1% of Lake Worth households include school aged children and 22.1% of households include individuals aged 65 years or over. Census records indicate 60% of the Lake Worth population are White, 19.8% are Black or African American, 5.6% American Indian, .9% Asian and 4.5% are Two or more Races. Lake Worth has a significant Hispanic population. 39.6% (13,834) of Lake Worth residents are of Hispanic or Latino origin. Of these 19.98% are of Mexican origin, 10.21% Puerto Rican, 10.39% Cuban and 59.4% are of other Hispanic or Latino origin.

There are 16,473 housing units in Lake Worth. 3,515 (21.3%) of these were reported as vacant in the 2010 Census. There are 7,843 residential rental units in Lake Worth. 6,535 of them were occupied in 2010 providing a residential rental vacancy rate of 16.1%.

Lake Worth 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

AddressTypeSq FtClass 
1412 Lake Bass Dr Single Family 2,594 B
1416 Lake Bass Dr Single Family 2,718 B
1410 Lake Bass Dr Single Family 2,626 B
1418 Lake Bass Dr Single Family 1,999 B
1419 Lake Bass Dr Single Family 2,589 B
1421 Lake Bass Dr Single Family 2,196 B
1413 Lake Bass Dr Single Family 1,864 B
1411 Lake Bass Dr Single Family 1,511 B
1417 Lake Bass Dr Single Family 2,685 B
1408 Lake Bass Dr Single Family 1,897 B
1425 Lake Bass Dr Single Family 2,893 B
1409 Lake Bass Dr Single Family 2,205 B
1420 Lake Bass Dr Single Family 2,700 B
5892 Lake Osborne Dr Single Family 1,314 B
5906 Lake Osborne Dr Single Family 2,051 B
5874 Lake Osborne Dr Single Family 1,660 B
2108 Lake Bass Cir Single Family 2,122 B
1406 Lake Bass Dr Single Family 2,084 B
2106 Lake Bass Cir Single Family 2,223 B
2125 Lake Bass Cir Single Family 1,508 B
5920 Lake Osborne Dr Single Family 1,664 B
5856 Lake Osborne Dr Single Family 1,771 B
1407 Lake Bass Dr Single Family 1,612 B
1422 Lake Bass Dr Single Family 2,667 B
2104 Lake Bass Cir Single Family 1,545 B
5934 Lake Osborne Dr Single Family 1,811 B
1424 Lake Bass Dr Single Family 1,842 B
1404 Lake Bass Dr Single Family 1,379 B
2123 Lake Bass Cir Single Family 1,503 B
2102 Lake Bass Cir Single Family 1,549 B
5950 Lake Osborne Dr Single Family 2,920 B
5840 Lake Osborne Dr Single Family 1,954 B
1402 Lake Bass Dr Single Family 2,409 B
2103 Lake Bass Cir Single Family 1,483 B
2117 Lake Bass Cir Single Family 2,301 B
2119 Lake Bass Cir Single Family 1,485 B

Local Household Income

The median household income in this part of Florida is $58,828. The bottom 10% of the population earn less than $15,713 per year. The top 10% earn more than $151,965 per year. The top 1% earn more than $508,812 per year. Most renters earn between $24,120 (20th percentile) and $44,712 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $117,656 and $147,070.

The tax assessed value of this property places it in percentile 61 of all properties in this area. This suggests it would appeal to someone earning around $72,766 per year who should qualify for a mortgage between $145,532 and $181,915.

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 $1,028. Most renters earn between $2,010 and $3,726 per month. They typically spend 39% of their monthly income on rent. Most rents fall in the $781 (20th percentile) to $1,371 (80th percentile) range. The residential vacancy rate is 9%.

This property falls in percentile 61 of all properties in this area. This corresponds to a rent of $1,126 per month and a monthly household income of $2,976 ($35,712 per year)

Nearby Companies

5892 Lake O Drive LLC
5874 Lake Osborne Dr
Jensen Elizabeth LLC
1419 Lake Bass Dr
Bmw Consulting, LLC
1416 Lake Bass Dr
Bmw One, LLC
1416 Lake Bass Dr
Soflo Flowers, LLC
2108 Lake Bass Cir
Two Girls One Dream, LLC
2108 Lake Bass Cir
Workin On The Railroad LLC
2108 Lake Bass Cir
Rkwalsh, Inc.
2108 Lake Bass Cir
2080 Viking Arms, LLC
1410 Lake Bass Dr
801 South Olive, LLC
1410 Lake Bass Dr
Disclaimers and Disclosures

Public Records Data

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