Lake Worth Overview

Founded in year 1880 the city of Lake Worth is located in Palm Beach County, Florida. Lake Worth is a considered a suburb of West Palm Beach, the city's uptown area has developed a distinct character and is a regular destination for both tourists and residents of South Florida. Downtown Lake Worth is home to the Lake Worth Playhouse, and the Museum of the City of Lake Worth. Yearly festivals such as the Street Painting Festival and Finlandia Week which attract thousands of people. Lake Worth Community High School is the second oldest high school in Palm Beach County and provide a high standard of education. The city also provides great recreational amenities to the residents like fishing, picnic areas, shuffleboard, shops and restaurants.

Lake Worth Real Estate

Lake Worth currently stands at a population count of around 35,805 people, as found out by a recent survey, which also shows and determines the fact that there has been head count growth of around 1.70 percent since the year 2000. The city’s population density stands at around 6,333 people per square mile

The cost of living in Lake Worth is even lower than the average cost of living in the US. Affordable as the place is in itself, the median home value of Lake Worth stands at $441,900 along with a home appreciation rate of 25.20 percent and the median age of real estate standing at 42 years. Compared to the rest of the country, Lake Worth's cost of living is 2.82 percent lower than the U.S. average.

Almost 41.21 percent of the population of Lake Worth is constituted by renters. People who are thinking of relocating to Lake Worth would be interested to know that almost 12.96 percent of the houses and apartments are unoccupied and vacant. 45.83 percent of homes in Lake Worth are owned by individuals.

How to rent or buy in Lake Worth

Lake Worth offers as a city offers unique combination of a scenic hometown beauty at an affordable price. Any individual relocating will have a choice of either buying a proper house or for that matter taking it on rent. The easiest and the best way being, hiring an experienced real estate agent who knows in and out of the city Lake Worth. It would save you from all the hassles of negotiations and at the same time ensure that you get the best deals at the best price with no trouble at all.

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