Interested in purchasing investment houses in the 33407 zip code in West Palm Beach, FL?
The zip code 33407 is in Palm Beach county with a latitude of -80.090740000000 and longitude of 26.757790000000, is in the state of Florida. The average asking price of houses and condos is $186,163.00 and the average sale price was $88,744.00. this regions is classified as the West Palm Beach metro area and is in the 561 area code. The location in degrees is 26° 45' 28.044" N, 80° 5' 26.664" W. The county F.I.P.S. is 12099. This zip code contains three cities including West Palm Beach, FL (72.70%), Riviera Beach, FL (11.47%), and Mangonia Park, FL (6.74%) The total land area is 10.1 square miles and the water area is 1.0 square miles. The elevation in this area is 0 - 20 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 33407 is in county number 099 and is L. Sector 00, L. Segment 01, H. Sector 48, and H. Segment 48. The population was 31,895 in 2019 and 29,659 in 2010. Of this, the break down in 2019 was 31,658 urban and 236 rural. This further breaks down to 15,802 males (49.5%) and 16,092 females (50.5%). The median age of residents is 36.3 years. The population of the greater Miami-Fort Lauderdale-Miami Beach, FL area is 5,513,060. The population density (people per square mile) is 3,167. This zip code has a combined total of 13,031 houses and condos. There are 6,397 rented appartments. 59% of residents rent versus the 59% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $35,349 and the average salary is $29,556. The median household income of individuals is $40,708.00 and the average is $42,610.00. This zip code has a mean commute time to work of 23.9 minutes. The unemployment rate is 8.7%. Income earners by percent breakdown as 60.40% (Under $50,000), 29.30% ($50,000-$100,000), and 10.40% earn over $100,000. 21.4% of residents live below poverty line versus the 12.7% in the state that are below this line. The cost of living index is 99.3. The educational breakdown is 79.3% have a high school education or higher, 23.7% have a bachelor's degree or higher, and 9.1% have some kind of profesional degree.
This area has 11,083 households and the average size is 2.9 people. Individuals who are single and have never been married are 46.1%, 34.0% are now married, 2.4% are separated, 5.1% are widowed, and 12.4% are divorced. The average yearly contribution amount given by people to charity was $4,726 versus the state average of $5,698. The percent of residents who gave to charity was 14.1%.
The estimated median value of houses and condos is $191,626. The median monthly owner costs of mortgage holders was $1,412, where as the costs for those who don't have a mortgage are $516. The median number of rooms in houses and condos are 5.2 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,786. In comparision, the average real estate tax percent rate in the state is 0.8% which equated to an average real estate tax amount payment in the state of $2,035. The median housing property tax percent for residents with mortgages was 1.0% which amounted to an average tax amount of $1,807. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $1,756. Reported taxable interest for persons was $3,347, dividends $11,768, capital gains +$16,066, and itemized deductions $21,958. The average earned income tax credit is $2,684. The percent of individuals that use a tax preparer is 60.5%. The total average income taxes paid by individuals was $4,067. Businesses reported an average profit of $4,190.
Cafe Centro
2409 N Dixie Hwy, West Palm Beach, FL 33407
Allora
402 Northwood Rd, West Palm Beach, FL 33407
Malakor Thai Cafe
425 25th St, West Palm Beach, FL 33407
Ruth's Chris Steak House
651 Okeechobee Blvd Ste 100, West Palm Beach, FL 33401 (2.3 miles away)
Raindancer Steak House
2300 Palm Beach Lakes Blvd, West Palm Beach, FL 33409 (2.7 miles away)
The Flagler Steakhouse
2 S County Rd, Palm Beach, FL 33480 (2.9 miles away)
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