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Lake Worth Beach ( Palm Beach County )

Lake Worth is a city located in Palm Beach County, Florida, United States. It is situated on the eastern coast of Florida, approximately 60 miles north of Miami and 10 miles south of West Palm Beach.

Lake Worth has a diverse population, with a mix of young professionals, retirees, and families. It is known for its vibrant downtown area, which is home to many restaurants, shops, and art galleries. The city also has several parks and beaches, including Lake Worth Beach, which is popular for swimming, sunbathing, and fishing.

In addition to its recreational offerings, Lake Worth is also known for its cultural events and festivals. The annual Lake Worth Street Painting Festival, held in February, attracts artists and visitors from all over the world. The city also hosts the Lake Worth Beach Bonfire Series, a series of beachfront concerts and bonfires held on select Friday nights during the summer months.

Lake Worth has a rich history, and many of its historic buildings and homes have been preserved. The Lake Worth Playhouse, built in 1924, is one of the oldest and most well-known landmarks in the city. It has been converted into a performing arts venue and hosts a variety of shows and events throughout the year.

Overall, Lake Worth offers a unique blend of outdoor activities, cultural events, and historic charm, making it a popular destination for visitors and residents alike.

Population:
  • Population (2023) 43,346
  • Median age (2022): 36.6
  • Residents under 18: 22.8% (2023)
  • Residents over 65: 14.2% (2023)
  • Population by sex (2023): Female – 46.4%, Male – 53.6%
  • Married population (2023): N/A
  • Population growth in the last 10 years: N/A
  • Homeowners and renters (2022): N/A
  • Poverty rate compared to the US national average (2022): 21.1% vs the average of 11.5%
Demographics (2022):
  • White Hispanic – 36.7%
  • White Non Hispanic – 34.9%
  • Black Non Hispanic – 17.9%
  • Other Hispanic – 4.55%
Median Listing Home Price
(10/25)
Median List price per sq ft
(10/25)
Median Home Sale Price
(10/25)
Median Rent
(12/25)
5 year price change
(‘19 - 11/24)
450K$270462KN/A+95%
*Prices shown are based only on activity for the dates specified
Income:
  • Median household income: $57,489 (2022)
  • Avg. per capita income (2022): $28,939
Tax:
  • County property tax rate: 1.12% of a property’s assessed fair market value (2023)
  • Combined state and county sales tax rate: 7% (2023)
Cost of Living:
  • Average cost of living compared to the US national average (2023): Higher
  • Cost of housing compared to the Florida average (2023): Higher
  • Cost of food compared to the US national average (2023): N/A
  • Cost of healthcare compared to the US national average (2023): N/A
  • Cost of utilities compared to the US national average (2023): N/A
  • Cost of transportation compared to the US national average (2023): N/A

Political affiliation based on the 2024 election results ( Palm Beach County ): 

Democratic – 49.77%

Republican – 49.01%

Other – 1%

Largest 3 employers: Palm Beach State College, JFK Medical Center, and Palm Beach County School District

Lake Worth has 10 public schools rated as good or higher as per Greatschools

Coastal: Yes

Average low and high temperature: Low 20.8 °C, High 28 °C

Fun Facts: Every February, hundreds of artists use chalk to create a temporary outdoor museum on the streets of downtown Lake Worth Beach.

Location and Amenities:
Highways:
  • Hwy I – 95: 1 mile
Airports:
  • Palm Beach International Airport: 11 min ( 8 miles )
Universities and Colleges:
  • Florida Atlantic University ( Boca Raton ): 18 min ( 16.9 miles )
  • Keiser University ( Ft Lauderdale Campus ): 33 min ( 32.5 miles )
  • Palm Beach Atlantic University: 13 min ( 9.2 miles )
Hospitals:
  • HCA Florida JFK Hospital in Atlantis ( recipient of the 2023 Patient Safety Excellence Award ): 8 min ( 3 miles )
  • Bethesda Hospital East in Boynton Beach ( recipient of the 2021, 2022, 2023 100 Best Hospitals for Joint Replacement Award ): 14 min ( 9 miles )
Shopping:
  • Sawgrass Mall: 45 min ( 44.9 miles )
  • The Mall at Wellington: 23 min ( 11 miles )
Major cities:
  • West Palm Beach is appx. 10 – 20 minutes away.
  • Fort Lauderdale is appx. 40 – 50 miles away ( 1 hr )
Amenities and Attraction:
  • Lake Worth Street Painting Festival: Attracting over 100,000 people to the downtown area.
  • Midnight Sun Festival: Celebrating Lake Worth’s large Finnish population.
  • Oktoberfest Lake Worth: One of the largest of its kind in Florida
  • Palm Beach Pride: One of the largest pride festivals in Florida
  • Historic Old Town Commercial District: Numerous buildings constructed between 1912 – 1949 popular with tourists and residents alike.

 

Short Term Rental Regulations:

** All short term rental operations in Florida must obtain a business license from the Florida Department of Business and Professional Regulation ( DBPR ) and a Florida Department of Revenue Certificate of Sales and Use. ** Short term rental regulations can be subject to change and should always be confirmed with city / towns or county departments.

County (Tourist / Transient) Tax YES6%
City/ Town Fees N/A
Property Inspection N/A
Land use permit N/A
Restrictions N/A*see below
*Restrictions:
  • Rental periods of less than 30 days and at least 3 times per calendar year are typically deemed to be short term rentals.
  • Zoning restrictions may apply

For information – lakeworthbeachfl.gov