Palm Beach County Real Estate - Delray Beach

Delray Beach is in South East Florida. It's population as recorded in the 2010 Census was 60,522.

The median age for residents of Delray Beach is 46. Around 19.8% of Delray Beach households include school aged children and 37.9% of households include individuals aged 65 years or over. Census records indicate 65.7% of the Delray Beach population are White, 28% are Black or African American, .2% American Indian, 1.8% Asian and 1.7% are Two or more Races.

There are 34,156 housing units in Delray Beach. 6,963 (20.3%) of these were reported as vacant in the 2010 Census. Delray Beach is a tourist destination, 54.9% (3,827) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 10,259 residential rental units in Delray Beach. 9,004 of them were occupied in 2010 providing a residential rental vacancy rate of 11.7%.

Delray Beach 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 
1308 S Congress Ave Single Family 1,273 B
1234 S Congress Ave Single Family 1,791 B
1301 Sw 20th Ter Single Family 1,499 B
1307 Sw 20th Ter Single Family 1,325 B
1207 Sw 20th Ter Single Family 1,430 B
1314 S Congress Ave Single Family 1,899 B
1228 S Congress Ave Single Family 1,482 B
1201 Sw 20th Ter Single Family 1,206 B
1320 S Congress Ave Single Family 1,643 B
1319 Sw 20th Ter Single Family 1,592 B
1220 S Congress Ave Single Family 1,211 B
2014 Sw 13th St Single Family 1,665 B
2015 Sw 13th St Single Family 1,619 B
1314 Sw 20th Ter Single Family 2,137 B
1541 Ilene Ct Condominium 840 B
2014 Sw 12th Ct Single Family 1,379 B
1531 Ilene Ct Condominium 840 B
1320 Sw 20th Ter Single Family 1,269 B
1521 Ilene Ct Condominium 840 B
2021 Sw 13th St Single Family 1,180 B
2020 Sw 13th St Single Family 1,190 B
1309 Sw 21st Ave Single Family 1,616 B
2007 Sw 12th Ct Single Family 1,194 B
2020 Sw 12th Ct Single Family 1,229 B
1511 Ilene Ct Condominium 840 B
2001 Sw 12th Ct Single Family 1,075 B
1501 Ilene Ct Condominium 840 B
1319 Sw 21st Ave Single Family 1,459 B
2029 Sw 13th St Single Family 1,261 B
2015 Sw 12th Ct Single Family 1,170 B
2026 Sw 12th Ct Single Family 1,285 B
1155 S Congress Ave Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 29,200 B
2021 Sw 12th Ct Single Family 1,624 B
1325 Sw 21st Ave Single Family 1,322 B
2037 Sw 13th St Single Family 1,555 B
2032 Sw 12th Ct Single Family 1,706 B
2042 Sw 13th St Single Family 1,373 B
1314 Sw 21st Ave Single Family 1,663 B
2027 Sw 12th Ct Single Family 1,667 B

Local Household Income

The median household income in this part of Florida is $63,276. The bottom 10% of the population earn less than $20,292 per year. The top 10% earn more than $202,982 per year. The top 1% earn more than $628,408 per year. Most renters earn between $32,220 (20th percentile) and $62,628 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $126,552 and $158,190.

The tax assessed value of this property places it in percentile 11 of all properties in this area. This suggests it would appeal to someone earning around $21,530 per year who should qualify for a mortgage between $43,060 and $53,825.

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 $1,216. Most renters earn between $2,685 and $5,219 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $865 (20th percentile) to $1,775 (80th percentile) range. The residential vacancy rate is 6%.

This property falls in percentile 11 of all properties in this area. This corresponds to a rent of $756 per month and a monthly household income of $2,357 ($28,284 per year)

Nearby Companies

Elite Ball Pythons Inc
1302 S Congress Ave
Clean Limitless LLC
1320 Sw 20th Ter
Polished Frame LLC
2020 Sw 12th Ct
Disclaimers and Disclosures

Public Records Data

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