Living in Lake Worth Beach, Florida
Cost of living, income, home prices, rent and demographics of Lake Worth Beach · Census data 2020–2024
Lake Worth Beach has 43,365 residents with a median age of 36.6. The median household income is $61,200 (18% lower than the Florida median), the median home value is $401,200, the median rent is $1,545/month.
Lake Worth Beach at a glance
- Population
- 43,365
- Median age
- 36.6State: 42.6
- Median household income
- $61,200State: $74,568
- Median home value
- $401,200State: $359,000
- Median rent
- $1,545/moState: $1,669
- Homeowners
- 45.9%
- Bachelor's degree or higher
- 24.8%
- Average commute
- 27 min
Is Lake Worth Beach a good place to live?
Pros: An average commute of 27 minutes.
Cons: Median household income 18% lower than the Florida median; home values 12% higher than the state median; unemployment of 6.9%; a poverty rate of 21.2%.
The weather is best in December to March.
Cost of living in Lake Worth Beach
Housing is the biggest part of the cost of living. In Lake Worth Beach the median home value is $401,200, 21% higher than the U.S. median. Renters pay a median of $1,545 per month, which is 37.7% of household income. Homeowners with a mortgage pay $2,298 a month in housing costs.
Lake Worth Beach median household income
The median household income in Lake Worth Beach is $61,200 and the income per person is $31,502. 21.2% of residents live below the poverty line (Florida: 12.6%).
Housing in Lake Worth Beach: homes for sale and rent
- Housing units
- 17,949
- Owner-occupied
- 45.9%
- Renter-occupied
- 54.1%
- Vacant
- 13.7%Includes seasonal homes
- Median year built
- 1969
- Average household size
- 2.75
Lake Worth Beach demographics
- Population
- 43,365
- Median age
- 36.6
- Under 18
- 24%
- 65 and older
- 15.1%
- Households
- 15,493
- Foreign-born
- 40.7%
- Veterans
- 3.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Lake Worth Beach ›
Education in Lake Worth Beach
24.8% of adults 25 and older in Lake Worth Beach have a bachelor's degree or higher (Florida: 34.1%), and 8.6% have a graduate or professional degree.
Jobs and commute in Lake Worth Beach
- Unemployment rate
- 6.9%State: 4.8%
- Average commute
- 27 minState: 28 min
- Work from home
- 8.6%
- Drive alone
- 60.7%
- Public transit
- 3.8%
- Walk to work
- 1.6%
- Homes with broadband
- 83.2%
Lake Worth Beach vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lake Worth Beach | 43,365 | $61,200 | $401,200 | $1,545 |
| Lake Clarke Shores | 3,587 | $156,696 | $573,800 | $1,427 |
| South Palm Beach | 1,576 | $91,750 | $415,900 | $1,868 |
| Lantana | 12,256 | $70,012 | $396,200 | $1,758 |
| Palm Springs | 27,356 | $61,739 | $269,800 | $1,669 |
| Atlantis | 2,038 | $116,715 | $630,500 | $1,784 |
| Kenwood Estates | 1,263 | $66,477 | $303,000 | $1,693 |
| Hypoluxo | 2,798 | $78,214 | $290,900 | $2,194 |
| Seminole Manor | 2,678 | $66,154 | $296,100 | $1,799 |
More for people moving to Lake Worth Beach
Lake Worth Beach ZIP code ›Weather and climate ›Living in Lake Worth Beach: FAQ
What is the median household income in Lake Worth Beach, FL?
The median household income in Lake Worth Beach is $61,200, 18% lower than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lake Worth Beach?
The median home value in Lake Worth Beach is $401,200, compared with $359,000 in Florida.
How much is rent in Lake Worth Beach?
The median gross rent in Lake Worth Beach is $1,545 per month, about 37.7% of household income.
Is Lake Worth Beach, FL a good place to live?
Pluses: an average commute of 27 minutes. Minuses: median household income 18% lower than the Florida median; home values 12% higher than the state median; unemployment of 6.9%; a poverty rate of 21.2%.
What is the median age in Lake Worth Beach?
The median age in Lake Worth Beach is 36.6 years (Florida: 42.6).
How long is the commute in Lake Worth Beach?
The average commute to work in Lake Worth Beach is 27 minutes; 8.6% of workers work from home.
What is the unemployment rate in Lake Worth Beach?
The unemployment rate in Lake Worth Beach is 6.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lake Worth Beach?
24.8% of adults in Lake Worth Beach have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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