Lake Worth, FL
Commercial Real Estate Market Trends & Data
Lake Worth's Demographic Profile
Lake Worth has 14,778 households and a median income of $56,279, providing context for rent absorption and tenant demand across retail and multifamily assets. A +3% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 40,952 |
| # Households | 14,778 |
| Median age | 37 |
| Median household income | $56,279 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 7,998 |
| 5-year population change | +3% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Lake Worth, FL
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Lake Worth | $568 | 5,813 SF | 8.64% |
| Palm Springs | $690 | 5,929 SF | 8.00% |
| Boynton Beach | $614 | 4,986 SF | 5.88% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Lake Worth | $303 | 8,069 SF | 6.22% |
| Palm Springs | $296 | 8,473 SF | 6.22% |
| Boynton Beach | $568 | 4,824 SF | 8.58% |
| Lake Worth Beach | $303 | 8,069 SF | 6.22% |
| Lantana | $401 | 6,901 SF | 8.58% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Lake Worth | $708 | 8,054 SF |
| Greenacres | $783 | 2,106 SF |
| Palm Springs | $775 | 19,391 SF |
| Boynton Beach | $544 | 33,736 SF |
| Lake Worth Beach | $708 | 8,054 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Lake Worth | $509 | 12,156 SF | 8.26% |
| Palm Springs | $302 | 17,540 SF | 5.10% |
| Boynton Beach | $311 | 24,445 SF | 9.68% |
| Lake Worth Beach | $520 | 11,857 SF | 8.26% |
| Lantana | $428 | 16,091 SF | 8.26% |
Commercial Properties For Sale in Lake Worth
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Lake Worth pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Lake Worth | $522 | 9,788 SF |
| Greenacres | $435 | 7,628 SF |
| Atlantis | $547 | 6,938 SF |
| Palm Springs | $542 | 10,881 SF |
| Boynton Beach | $817 | 22,561 SF |
Multifamily Properties For Sale in Lake Worth
Regional Demographic Comparison
This comparison places Lake Worth alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Lake Worth or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Lake Worth | 40,952 | 14,778 | 37 | $56,279 | 3 | 7,998 | 3% |
| Greenacres | 43,667 | 15,928 | 40 | $51,278 | 3 | 5,873 | 3% |
| Atlantis | 2,220 | 1,021 | 60 | $103,125 | 2 | 96 | 4% |
| Palm Springs | 28,424 | 10,120 | 38 | $53,133 | 3 | 5,392 | 3% |
| Boynton Beach | 84,507 | 36,183 | 44 | $63,013 | 2 | 14,631 | 4% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Lake Worth, FL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Lake Worth
Lake Worth offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Lake Worth. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Lake Worth. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Lake Worth. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Lake Worth, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
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