Why Live in Memorial Park
Memorial Park in Lake Worth Beach, Florida, is a neighborhood characterized by colorful houses and palm tree-lined streets, evoking an "Old Florida" atmosphere. Located conveniently near Interstate 95 and just 2 miles from the beach, the area has seen a resurgence as residents invest in modern upgrades. The neighborhood features a mix of ranch-style and minimal traditional homes, some with Spanish design elements, alongside larger condo buildings and duplexes. Memorial Park is known for its active community association, which organizes events like the popular Fourth of July Great American Raft Race. Outdoor enthusiasts can enjoy the nearby Intracoastal Waterway for fishing and boating, or head to Lake Osborne and John Prince Park for basketball, pickleball, tennis, and nature trails. The Custard Apple Trail, a historic nature trail, offers opportunities to spot local wildlife. Dining options are plentiful along Lake and Lucerne Avenues, with favorites like Benny’s on the Beach, Mario’s, The Irish Brigade, and Lilo’s Streetfood & Bar, which also houses The Library, a speakeasy with craft cocktails and live music. For groceries, there’s a nearby Publix, and the Lake Worth Playhouse provides a cultural hub for independent films and local performances. While the neighborhood has a lower crime risk compared to the national average, residents may experience some traffic noise from Interstate 95 and nearby railroad tracks. Pinecrest Cemetery, a historic site with graves dating back to the 1890s, adds a touch of local history.
Frequently Asked Questions
Is Memorial Park a good place to live?
Memorial Park is a good place to live. Memorial Park is considered car-dependent and bikeable. Memorial Park is a suburban neighborhood. Memorial Park has 5 parks for recreational activities. It is fairly dense in population with 14.5 people per acre and a median age of 32. The average household income is $60,770 which is below the national average. College graduates make up 3.3% of residents. A majority of residents in Memorial Park are renters, with 66.4% of residents renting and 33.6% of residents owning their home. A
local real estate agent serving Memorial Park can help you decide if this neighborhood is the right one for you. Learn more on our
Memorial Park neighborhood guide.
Is Memorial Park, FL a safe neighborhood?
Memorial Park, FL is less safe than the average neighborhood in the United States. It received a crime score of 9 out of 10.
How much do you need to make to afford a house in Memorial Park?
The median home price in Memorial Park is $432,500. If you put a 20% down payment of $86,500 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,240 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $96K a year to afford the median home price in Memorial Park. The average household income in Memorial Park is $61K.
What are the best public schools in Memorial Park?
The best public schools that serve Memorial Park are:
What are the best private schools in Memorial Park?
The best private schools that serve Memorial Park are:
What are the most popular zip codes in Memorial Park, Lake Worth, FL?
What are the most popular neighborhoods near Memorial Park, Lake Worth, FL?
Are home prices dropping in Memorial Park?
Yes, home prices in Memorial Park are down 67% in the last 12 months.
Home Trends in Memorial Park, FL
On average, homes in Memorial Park, Lake Worth sell after 62 days on the market compared to the national average of 70 days. The median sale price for homes in Memorial Park, Lake Worth over the last 12 months is $175,000, down 40% from the median home sale price over the previous 12 months.
Median Sale Price
$175,000
Median Single Family Sale Price
$175,000
Median Townhouse Sale Price
$859,000
Average Price Per Sq Ft
$241
Number of Homes for Sale
1
Last 12 months Home Sales
7
Median List Price
$432,500
Median Change From 1st List Price
22%
Median Home Sale Price YoY Change
-40%