Area Insights of 33404, West Palm Beach, FL

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 2%, reflecting steady buyer interest. A total of 360 homes were sold with 100 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

33404, West Palm Beach, FL

Date

05-16-2022

Price Ratio

99%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Time 2 Win Academy

KG to 2

Bethel Junior Academy

KG to 8

R J Hendley Christian Community School

PK to 8

Middle School

John F. Kennedy Middle School

6 to 8

Ratings

C

High School

Inlet Grove Community High School

9 to 12

Ratings

B

Riviera Beach Preparatory & Achievement Academy

5 to 12

Ratings

F

Suncoast Community High School

9 to 12

Ratings

A

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 16% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (34,602)
16,578 Male
18,024 Female
Education
33% High School
8% Associate
17% Bachelor
10% Graduate
Age

Average Age is 42 Years

Household Details

The area's household landscape is diverse, with 59% owner-occupied homes and 41% renter-occupied properties. Family households represent 61% of the population, indicating a strong community focus on family living. The average home value stands at $686,086, which suggests ample demand for multi-bedroom properties.

Total Households
13,898
Average home value
$686,086
Owned
59%
Rented
41%
Vacant
21%
Families
61%
Married
33%
With children
26%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 2% Asian, 61% Black, and 0% Native residents, alongside 27% White and 10% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 24% of households earning over $100,000 annually, while 30% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
3%
Healthcare
16%
Professional
6%
Education
5%
Services
30%
Labor
14%
Retail
19%
Other
8%
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