Palm Beach County Real Estate - North Palm Beach

North Palm Beach is in South East Florida. It's population as recorded in the 2010 Census was 12,015. North Palm Beach is approximately 68 miles from Hialeah (population 224,669) and around 48 miles from Fort Lauderdale (population 165,521).

The median age for residents of North Palm Beach is 51.8. Around 16.5% of North Palm Beach households include school aged children and 41.9% of households include individuals aged 65 years or over. Census records indicate 93.3% of the North Palm Beach population are White, 2.6% are Black or African American, 0% American Indian, 1.6% Asian and 1.3% are Two or more Races.

There are 7,710 housing units in North Palm Beach. 1,617 (20.9%) of these were reported as vacant in the 2010 Census. North Palm Beach is a tourist destination, 62.7% (1,014) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 1,826 residential rental units in North Palm Beach. 1,596 of them were occupied in 2010 providing a residential rental vacancy rate of 11.7%.

North Palm 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 
624 Hermitage Cir Single Family 6,114 A
628 Hermitage Cir Single Family 5,854 A
622 Hermitage Cir Single Family 4,782 A
631 Hermitage Cir Single Family 4,793 A
629 Hermitage Cir Single Family 5,854 A
630 Hermitage Cir Single Family 5,862 A
627 Hermitage Cir Single Family 5,942 A
620 Hermitage Cir Single Family 5,943 A
625 Hermitage Cir Single Family 5,896 A
632 Hermitage Cir Single Family 8,532 A
623 Hermitage Cir Single Family 6,127 A
618 Hermitage Cir Single Family 4,793 A
621 Hermitage Cir Single Family 4,771 A
616 Hermitage Cir Single Family 4,787 A
634 Hermitage Cir Single Family 8,670 A
619 Hermitage Cir Single Family 5,896 A
3233 Grove Rd Single Family 1,899 B
3221 Grove Rd Single Family 1,996 B
3247 Grove Rd Single Family 1,636 B
3207 Grove Rd Single Family 1,831 B

Local Household Income

The median household income in this part of Florida is $85,423. The bottom 10% of the population earn less than $25,310 per year. The top 10% earn more than $291,096 per year. The top 1% earn more than $691,178 per year. Most renters earn between $35,844 (20th percentile) and $67,212 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $170,846 and $213,558.

The tax assessed value of this property places it in percentile 97 of all properties in this area. This suggests it would appeal to someone earning around $460,238 per year who should qualify for a mortgage between $920,476 and $1,150,595.

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 $1,276. Most renters earn between $2,987 and $5,601 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $944 (20th percentile) to $1,734 (80th percentile) range. The residential vacancy rate is 6%.

This property falls in percentile 97 of all properties in this area. This corresponds to a rent of $3,177 per month and a monthly household income of $9,323 ($111,876 per year)

Nearby Companies

Berle Real Estate, LLC
625 Hermitage Cir
Rigl Charters, LLC
622 Hermitage Cir
Brtk 1, LLC
683 Hermitage Cir
Disclaimers and Disclosures

Public Records Data

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