Area Insights of 33462, Lake Worth, FL

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 11%, reflecting steady buyer interest. A total of 314 homes were sold with 113 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

33462, Lake Worth, FL

Date

06-21-2022

Price Ratio

103%

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

No schools available

Middle School

Lantana Community Middle School

6 to 8

Ratings

D+

High School

Santaluces Community High School

9 to 12

Ratings

C-

Palm Beach Maritime Academy High School

9 to 12

Ratings

C+

Ed Venture Charter School

9 to 12

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 11% 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 (36,167)
18,557 Male
17,610 Female
Education
29% High School
10% Associate
17% Bachelor
11% Graduate
Age

Average Age is 43 Years

Household Details

The area's household landscape is diverse, with 60% owner-occupied homes and 40% renter-occupied properties. Family households represent 59% of the population, indicating a strong community focus on family living. The average home value stands at $788,343, which suggests ample demand for multi-bedroom properties.

Total Households
14,411
Average home value
$788,343
Owned
60%
Rented
40%
Vacant
13%
Families
59%
Married
37%
With children
22%

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, 23% Black, and 1% Native residents, alongside 50% White and 27% 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 29% of households earning over $100,000 annually, while 33% 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
5%
Healthcare
17%
Professional
7%
Education
7%
Services
28%
Labor
16%
Retail
13%
Other
8%
Explore Listings in 33462, Lake Worth, FL