Quick facts: Belle glade, FL

Quick Facts

107.5
Cost of Living
above US average
16,777
Population
36.9
Crime Rate per 1000
above US average
$42,314
Median Income
below US average
$295,000
Median House Price
above US average
$3500.0
Average Rent
above US average
32%
Poverty Rate
above US average
6.5%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $42,314.

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Income Needed to Buy

βœ— Stretch
$93k/year
Based on $295,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $93k vs median $42,314
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Income Needed to Rent

⚠ Stretch
$150k/year
Based on $3500.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $150k vs median $42,314
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Belle glade, FL

Belle Glade is a small city located in Palm Beach County, Florida. Nestled on the southern shore of Lake Okeechobee, it covers an area of approximately 3.6 square miles. Known for its agricultural roots, Belle Glade has a strong farming community, primarily cultivating sugarcane, vegetables, and other crops. The city has a rich history tied to the development of the Everglades and the sugar industry. Belle Glade is often referred to as the "Gateway to the Everglades," making it a unique entry point for outdoor activities like fishing, bird watching, and exploring the natural beauty of the region. The area is also known for its cultural diversity, with a strong African American community and influences from Latin American and Caribbean cultures. Community events, such as the annual Belle Glade Rodeo, highlight the city's vibrant local culture. Residents enjoy access to parks, local schools, and small businesses that contribute to a tight-knit community atmosphere. While Belle Glade faces challenges typical of rural areas, such as economic development, it remains a place with a strong sense of identity and resilience.

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