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Lake Worth City, Florida Economic Analysis

   (County: Palm Beach County)

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Economic Analysis

People and the communities they live in depend on money. The people of Lake Worth City, Florida need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Florida

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.77 6.66 5.08 6.83 0.00 7.04
  Total Electric Industry 7.77 6.66 5.08 6.83 0.00 7.04
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.91 6.77 5.19 6.85 0.00 7.16
  Total Electric Industry 7.91 6.77 5.19 6.85 0.00 7.16
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.75 6.58 5.02 6.81 0.00 6.99
  Total Electric Industry 7.75 6.58 5.02 6.81 0.00 6.99
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.99 6.69 5.26 6.96 0.00 7.20
  Total Electric Industry 7.99 6.69 5.26 6.96 0.00 7.20
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.78 6.35 5.13 6.72 0.00 6.96
  Total Electric Industry 7.78 6.35 5.13 6.72 0.00 6.96
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.82 6.39 5.16 6.69 0.00 7.01
  Total Electric Industry 7.82 6.39 5.16 6.69 0.00 7.01
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.99 6.63 5.11 6.80 0.00 7.18
  Total Electric Industry 7.99 6.63 5.11 6.80 0.00 7.18
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 8.08 6.62 5.04 6.80 0.00 7.19
  Total Electric Industry 8.08 6.62 5.04 6.80 0.00 7.19
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.89 6.38 4.81 6.64 0.00 7.01
  Total Electric Industry 7.89 6.38 4.81 6.64 0.00 7.01
1999              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.73 6.22 4.77 6.61 0.00 6.85
  Total Electric Industry 7.73 6.22 4.77 6.61 0.00 6.85
2000              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.77 6.25 4.84 6.96 0.00 6.91
  Total Electric Industry 7.77 6.25 4.84 6.96 0.00 6.91
2001              
  Full-Service Providers 8.59 7.08 5.18 7.60 0.00 7.67
  Total Electric Industry 8.59 7.08 5.18 7.60 0.00 7.67
2002              
  Full-Service Providers 8.16 6.64 5.23 7.43 0.00 7.31
  Total Electric Industry 8.16 6.64 5.23 7.43 0.00 7.31
2003              
  Full-Service Providers 8.55 7.13 5.41 0.00 7.21 7.72
  Total Electric Industry 8.55 7.13 5.41 0.00 7.21 7.72
2004              
  Full-Service Providers 8.99 7.61 5.84 0.00 7.45 8.16
  Total Electric Industry 8.99 7.61 5.84 0.00 7.45 8.16
2005              
  Full-Service Providers 9.62 8.16 6.46 0.00 8.03 8.76
  Total Electric Industry 9.62 8.16 6.46 0.00 8.03 8.76
2006              
  Full-Service Providers 11.33 9.91 7.71 0.00 10.32 10.45
  Total Electric Industry 11.33 9.91 7.71 0.00 10.32 10.45

(updated 2006)



Time Leaving to Work in Lake Worth City, Florida

12:00 A.M. TO 4:59 A.M.   : 475   (3.0%)
5:00 A.M. TO 5:29 A.M.   : 434   (2.8%)
5:30 A.M. TO 5:59 A.M.   : 614   (3.9%)
6:00 A.M. TO 6:29 A.M.   : 1,326   (8.5%)
6:30 A.M. TO 6:59 A.M.   : 2,065   (13.2%)
7:00 A.M. TO 7:29 A.M.   : 2,758   (17.6%)
7:30 A.M. TO 7:59 A.M.   : 2,103   (13.4%)
8:00 A.M. TO 8:29 A.M.   : 1,568   (10.0%)
8:30 A.M. TO 8:59 A.M.   : 932   (5.9%)
9:00 A.M. TO 9:59 A.M.   : 901   (5.8%)
10:00 A.M. TO 10:59 A.M.   : 331   (2.1%)
11:00 A.M. TO 11:59 A.M.   : 305   (1.9%)
12:00 P.M. TO 3:59 P.M.   : 923   (5.9%)
4:00 P.M. TO 11:59 P.M.   : 932   (5.9%)


(updated 2010)



Household Size By Vehicles Available
(Lake Worth City, Florida)

1-person household:

No vehicle available : 497

1 vehicle available : 2,942

2 vehicles available : 353

3 vehicles available : 0

4 or more vehicles available : 40

2-person household:

No vehicle available : 504

1 vehicle available : 1,490

2 vehicles available : 1,474

3 vehicles available : 267

4 or more vehicles available : 61

3-person household:

No vehicle available : 280

1 vehicle available : 868

2 vehicles available : 492

3 vehicles available : 160

4 or more vehicles available : 0

4-or-more-person household:

No vehicle available : 310

1 vehicle available : 864

2 vehicles available : 861

3 vehicles available : 358

4 or more vehicles available : 177


(updated 2013)



Household Size By Number Of Workers In Household
(Lake Worth City, Florida)

1-person household:

No workers : 1,807

1 worker : 2,025

2-person household:

No workers : 1,172

1 worker : 1,172

2 workers : 1,452

3-person household:

No workers : 369

1 worker : 800

2 workers : 510

3 workers : 121

4-or-more-person household:

No workers : 220

1 worker : 707

2 workers : 871

3 or more workers : 772


(updated 2013)



Means of Transportation To Work
(Lake Worth City, Florida)

Car, truck, or van:

Drove alone : 9,984

Carpooled:

In 2-person carpool : 2,070

In 3-person carpool : 639

In 4-person carpool : 941

In 5- or 6-person carpool : 377

In 7-or-more-person carpool : 613

Public transportation (excluding taxicab):

Bus or trolley bus : 678

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 12

Railroad : 67

Ferryboat : 0

Taxicab : 60

Motorcycle : 61

Bicycle : 258

Walked : 309

Other means : 90

Worked at home : 298


(updated 2013)



Travel Time To Work
(Lake Worth City, Florida)

Less than 5 minutes : 339

5 to 9 minutes : 860

10 to 14 minutes : 1,509

15 to 19 minutes : 2,395

20 to 24 minutes : 3,631

25 to 29 minutes : 1,264

30 to 34 minutes : 3,116

35 to 39 minutes : 367

40 to 44 minutes : 947

45 to 59 minutes : 685

60 to 89 minutes : 809

90 or more minutes : 237


(updated 2013)



AM Radio Stations Near Lake Worth City, Florida

  • WJBW (1000 AM; 0.65 kW; Jupiter, FL; Owner: Jupiter Planet Radio, Llc)
  • WLVJ (1040 AM; 25.0 kW; Delray Beach, FL; Owner: Jce Licenses, L.l.c.)
  • NEW (1100 AM; 1.0 kW; Greenacres, FL; Owner: Birach Broadcasting Corporation)
  • NEW (1120 AM; 0.4 kW; Boca Raton, FL; Owner: Cleo Broadcasting, Llc)
  • NEW (1120 AM; 0.25 kW; Coral Springs, FL; Owner: Langer Broadcasting Group , Llc)
  • WPSP (1190 AM; 0.69 kW; Palm Beach Gardens, FL; Owner: George M. Arroyo)
  • WBZT (1230 AM; 0.8 kW; Coral Springs, FL; Owner: Capstar Tx Limited Partnership)
  • WBZT (1230 AM; 1.0 kW; Haverhill, FL; Owner: Capstar Tx Limited Partnership)
  • WJNO (1290 AM; 4.9 kW; Royal Palm Beach, FL; Owner: Clear Channel Broadcasting Licenses, Inc.)
  • WPBR (1340 AM; 0.81 kW; Lake Worth, FL; Owner: Omni-lingual Broadcasting Corp)
  • WWRF (1380 AM; 1.0 kW; Lake Worth, FL; Owner: Radio Fiesta, Inc.)
  • WFLL (1400 AM; 1.0 kW; Fort Lauderdale, FL; Owner: James Crystal Licenses, L.l.c.)
  • WDJA (1420 AM; 5.0 kW; Delray Beach, FL; Owner: Professional Broadcasting, Llc)
  • WWNN (1470 AM; 50.0 kW; Fort Lauderdale, FL; Owner: Wwnn License, Llc)
  • NEW (1500 AM; 0.25 kW; Lake Worth, FL; Owner: Brian M. Johnson)
  • NEW (1500 AM; 0.3 kW; Lake Worth, FL; Owner: Brian M. Johnson)
  • NEW (1500 AM; 5.0 kW; Loxahatchee, FL; Owner: Brian M. Johnson)
  • WEXY (1520 AM; 5.0 kW; Fort Lauderdale, FL; Owner: Multicultural Radio Broadcasting Licensee, Llc)
  • WMNE (1600 AM; 5.0 kW; Haverhill, FL; Owner: Radio Disney Group, Llc)
  • WMEN (640 AM; 7.5 kW; Loxahatchee, FL; Owner: Jce Licenses, L.l.c.)
  • WSBR (740 AM; 2.5 kW; Boca Raton, FL; Owner: Wwnn License, Llc)
  • WFTL (850 AM; 1.0 kW; Lake Worth, FL; Owner: Jce Licenses, L.l.c.)
  • WFTL (850 AM; 5.0 kW; Lake Worth, FL; Owner: Jce Licenses, L.l.c.)
  • WSVU (960 AM; 0.25 kW; Lake Park, FL; Owner: North Palm Beach Broadcasting, Inc.)
  • WSVU (960 AM; 1.4 kW; Palm Beach Gardens, FL; Owner: North Palm Beach Broadcasting, Inc.)
  • WHSR (980 AM; 5.0 kW; Boca Raton, FL; Owner: Wwnn License, Llc)

FM Radio Stations Near Lake Worth City, Florida

  • WEAT-FM (104.3 FM; Haverhill, FL; Owner: Cbs Radio Stations Inc.)
  • WEAT-FM (104.3 FM; Greenacres, FL; Owner: Cbs Radio Stations Inc.)
  • WEAT-FM (104.3 FM; Greenacres, FL; Owner: Cbs Radio Stations Inc.)
  • WOLL (105.5 FM; Riviera Beach, FL; Owner: Clear Channel Broadcasting Licenses, Inc.)
  • WNEW (106.3 FM; Lake Park, FL; Owner: Cbs Radio Stations Inc.)
  • WIRK-FM (107.9 FM; Royal Palm Beach, FL; Owner: Cbs Radio Stations Inc.)
  • WAYF (88.1 FM; Greenacres, FL; Owner: Way-fm Media Group. Inc.)
  • WKPX (88.5 FM; Fort Lauderdale, FL; Owner: School Board Of Broward County, Florida)
  • WRMB (89.3 FM; Boynton Beach, FL; Owner: The Moody Bible Institute Of Chicago)
  • WAFG (90.3 FM; Fort Lauderdale, FL; Owner: Westminster Academy)
  • WXEL (90.7 FM; Greenacres, FL; Owner: Barry Telecommunications, Inc.)
  • WRLX (92.1 FM; Lake Park, FL; Owner: Capstar Tx Limited Partnership)
  • WZZR (94.3 FM; Riviera Beach, FL; Owner: Clear Channel Broadcasting Licenses, Inc.)
  • WRMF (97.9 FM; Greenacres, FL; Owner: Pbb Licenses, L.l.c.)
  • WAFC-FM (99.5 FM; Riviera Beach, FL; Owner: Glades Media Company Llp)

TV Broadcast Stations Near Lake Worth City, Florida

  • WPEC (Channel 12; Greenacres, FL; Owner: Freedom Broadcasting Of Florida Licensee, L.l.c.)
  • WFLX (Channel 29; Greenacres, FL; Owner: Wflx License Subsidiary, Llc)
  • WXEL-TV (Channel 42; Greenacres, FL; Owner: Barry Telecommunications, Inc.)
  • WPTV (Channel 5; Greenacres, FL; Owner: Scripps Howard Broadcasting Company)
  • WFGC (Channel 61; Royal Palm Beach, FL; Owner: Christian Television Of Palm Beach County, Inc.)
  • WPXP (Channel 67; Royal Palm Beach, FL; Owner: Paxson West Palm Beach License, Inc.)
  • WPXP (Channel 67; Greenacres, FL; Owner: Paxson West Palm Beach License, Inc.)

(updated 2008)



Occupations in Lake Worth City, Florida

Male:


  • Management, Professional, And Related Occupations: 1,628  (16.7%)
  • Service Occupations: 2,397  (24.5%)
  • Sales And Office Occupations: 1,448  (14.8%)
  • Farming, Fishing, And Forestry Occupations 294  (3.0%)
  • Construction, Extraction, And Maintenance Occupations: 2,718  (27.8%)

Female:


  • Management, Professional, And Related Occupations: 1,930  (29.6%)
  • Service Occupations: 1,732  (26.6%)
  • Sales And Office Occupations: 2,260  (34.6%)
  • Farming, Fishing, And Forestry Occupations 96  (1.5%)
  • Construction, Extraction, And Maintenance Occupations: 95  (1.5%)


(updated 2010)





There are 131 Farms In Lake Worth City, Florida


(updated 2008)



Banks In Lake Worth City, Florida

Wells Fargo Bank, National Association - 9 Branches


    Bank Assets: $12.9b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

Jpmorgan Chase Bank, National Association - 8 Branches


    Bank Assets: $16b
    Industry Specialization: International
    Total Offices: 5,679

Bank Of America, National Association - 8 Branches


    Bank Assets: $11.6b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 5,094

Pnc Bank, National Association - 6 Branches


    Bank Assets: $1.8b
    Industry Specialization: Commercial Lending
    Total Offices: 2,821

Branch Banking And Trust Company - 4 Branches


    Bank Assets: $734.5m
    Industry Specialization: Commercial Lending
    Total Offices: 1,843

Suntrust Bank - 3 Branches


    Bank Assets: $535m
    Industry Specialization: Commercial Lending
    Total Offices: 1,514

Td Bank, National Association - 3 Branches


    Bank Assets: $658.9m
    Industry Specialization: All Other > $1 Billion
    Total Offices: 1,328

New York Community Bank - 2 Branches


    Bank Assets: $89.6m
    Industry Specialization: Commercial Lending
    Total Offices: 248

Fifth Third Bank - 1 Branches


    Bank Assets: $130.1m
    Industry Specialization: Commercial Lending
    Total Offices: 1,348

Regions Bank - 1 Branches


    Bank Assets: $117.9m
    Industry Specialization: Commercial Lending
    Total Offices: 1,673

(updated 2014)







Airports Near Lake Worth City, Florida

  • Palm Beach International


    (about 4.8 miles in Cloud Lake, Florida; Airport Code: PBI)

  • Boca Raton Public


    (about 17.5 miles in Boca Raton, Florida; Airport Code: BCT)

  • William P Gwinn


    (about 25.4 miles in Jupiter, Florida; Airport Code: XWN)

  • Pompano Beach Airpark


    (about 26.0 miles in Pompano Beach, Florida; Airport Code: PPM)

  • Fort Lauderdale Executive


    (about 30.0 miles in Fort Lauderdale, Florida; Airport Code: FXE)

  • Fort Lauderdale-Hollywood International


    (about 38.1 miles in Fort Lauderdale, Florida; Airport Code: FLL)

  • Witham Field


    (about 40.0 miles in Sewalls Point, Florida; Airport Code: SUA)

  • Opa-locka Executive


    (about 51.1 miles in Miami Gardens, Florida; Airport Code: OPF)

  • Watson Island International


    (about 58.5 miles in Miami, Florida; Airport Code: MPB)

  • Miami International


    (about 58.9 miles in Miami, Florida; Airport Code: MIA)


(updated 2015)



Modes of Transportation in Lake Worth City, Florida

Car, Truck, Or Van:

 

Drove Alone

67.65%

Carpooled

23.08%

Public Transportation:

 

Bus Or Trolley Bus

1.83%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.11%

Ferryboat

0.0%

Taxicab

0.44%

Motorcycle

0.21%

Bicycle

0.96%

Walked

1.68%

Other Means

1.41%

Worked At Home

2.64%



(updated 2010)





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