Lake Worth is a mid-sized city located in the state of Florida. The city has a population of 36,838 residents. In Lake Worth, there are 6,303 people per square mile, which is well above the national population density average. The majority of Lake Worth residents report their race to be White; this is followed by Black and Asian. Additionally, more than a quarter of the population of Lake Worth are of Hispanic or Latino origin, and 35% of the population also speak Spanish.
Whether you’re moving to a new town to be closer to family, friends or for a new job, living in Lake Worth could be a positive experience compared to other cities in Florida if you know where to look. With useful information like crime, cost of living, employment and other key data points, finding the best places to live in Lake Worth and in the areas around Lake Worth is a much easier task.
With a livability score of 62 out of 100, Lake Worth is ranked #20,832 in the United States and #814 in Florida. Based on the grades for each individual category, Lake Worth has been rewarded with high marks for amenities (A+) and weather (A). There are some categories that Lake Worth does not rank well for, including: crime (F), education (D-), employment (F) and housing (F). It might be worth taking a closer look to find out why.
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Lake Worth, there is no shortage of amazing local amenities and interesting things to do. Here are some of the more popular things to do in Lake Worth: Lake Worth Beach, Downtown Lake Worth, and Palm Beach National Golf Course.
Assuming that Lake Worth meets all of your requirements, the next most important item to examine is the affordability of real estate in Lake Worth. Everything else becomes a lot less important if it turns out that home prices in Lake Worth are simply unattainable. The median home price for Lake Worth homes is $151,500, which is 9.2% lower than the Florida average. If we take a closer look at the affordability of homes in Lake Worth, we’ll see that the home price to income ratio is 4.2, which is 23.5% higher than the Florida average. Year over year appreciation rates for homes in the Lake Worth area were 11.8% and the 5 year appreciation rates came in at 18.7%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.
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