Area Insights of 33405, West Palm Beach, FL

Stay ahead with market trends and local insights that matter.

Demand Insights

The market remains active with a price ratio of 2%, indicating a strong buyer interest. A total of 244 homes were sold with 84 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

33405, West Palm Beach, FL

Date

05-17-2023

Price Ratio

94%

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

St Juliana Catholic School

PK to 8

Middle School

Conniston Community Middle School

6 to 8

Ratings

C-

High School

Forest Hill Community High School

9 to 12

Ratings

C

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 3% 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 (19,628)
9,437 Male
10,191 Female
Education
22% High School
8% Associate
18% Bachelor
13% Graduate
Age

Average Age is 42 Years

Household Details

The area's household landscape is diverse, with 58% owner-occupied homes and 42% renter-occupied properties. Family households represent 63% of the population, indicating a strong community focus on family living. The average home value stands at $1,263,523, which suggests ample demand for multi-bedroom properties.

Total Households
7,977
Average home value
$1,263,523
Owned
58%
Rented
42%
Vacant
10%
Families
63%
Married
41%
With children
27%

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 1% Asian, 5% Black, and 2% Native residents, alongside 49% White and 52% 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 35% of households earning over $100,000 annually, while 25% 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
4%
Healthcare
7%
Professional
9%
Education
6%
Services
27%
Labor
20%
Retail
16%
Other
11%
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