Greenacres Photo

Oak Terrace, Greenacres,FL

Neighborhood Data
Proximitii Score score
? /100
Amenities Score Amenities Score Locked
Transit Score Transit & Commute Score Locked
Schools Score Schools Score Locked
Health & Safety Score Health & Safety Score Locked
City Crime Score Crime (City) Score Locked
Location Crime Score Crime (Location) Score Locked
Economy Score Economy Score Locked
Housing Score Housing Score Locked

If you’re considering a move to Greenacres, FL, the Oak Terrace neighborhood in the southeast part of the city is definitely worth checking out. This charming community offers a perfect blend of peaceful suburban living with easy access to vibrant city amenities. Oak Terrace residents enjoy a welcoming atmosphere, tree-lined streets, and well-maintained homes that appeal to families, retirees, and young professionals alike. One of the biggest draws here is the close-knit feel of the neighborhood, where neighbors know each other and community events often bring everyone together.

When it comes to attractions, Oak Terrace shines with its proximity to several local gems. Residents are just a short drive from the Greenacres Community Park, which features sports fields, playgrounds, and picnic areas—ideal for outdoor activities and weekend gatherings. Nature lovers will appreciate nearby walking trails and green spaces that provide a refreshing break from the hustle and bustle. Additionally, the neighborhood is close to various shopping centers and dining options, including popular spots like the Greenacres Plaza where you can enjoy everything from casual cafes to boutique shopping. For families, excellent schools in the area add to the neighborhood’s appeal, making it a practical choice for those with children.

One of the practical perks of living in Oak Terrace is its convenient location relative to Downtown West Palm Beach. You’re looking at roughly a 20 to 25-minute drive, depending on traffic, so commuting for work or entertainment is hassle-free. This means you can enjoy the quieter, more relaxed pace of life in Greenacres without sacrificing access to the cultural events, nightlife, and business opportunities that a city center offers. Whether you’re starting fresh or relocating to find a friendly community with plenty of conveniences nearby, Oak Terrace offers a balanced lifestyle that many find hard to resist.

Community Snapshot

Population 318
Density (People/sqml.) 6,332
Median Age 40.6
Married Couples
37%
37% of the population of Oak Terrace aged 16 years and older are married.
Have Kids
25%
25% of the population aged 16 years or older have children.

25% of the Oak Terrace population aged 16 and up are married, which is in line with national averages. This balance suggests a neighborhood with a healthy mix of families, couples, and single residents, creating a well-rounded community dynamic. You are likely to find a blend of stability and social variety, appealing to both long-term homeowners and younger professionals alike.

With only 25% of people over 16 having children, you can expect an easygoing environment that tends to attract residents seeking a quieter lifestyle. The atmosphere here leans more toward adult-oriented living. Without the constant rhythm of school schedules or kid-centered events, the community maintains a slower, more relaxed pace. This makes it especially appealing to singles, couples, and empty nesters who appreciate tranquil streets, and recreation on their own terms.

Age Breakdown

Oak Terrace neighborhood age breakdown chart

Oak Terrace demographics offer valuable insights into the character and lifestyle of the neighborhood, helping you understand who lives there and what daily life might feel like. Home to only about 318 residents, Oak Terrace is notably smaller than many other Greenacres neighborhoods, creating a more peaceful and community-oriented atmosphere. Its lower population can translate to quieter streets, a more relaxed pace of life, and easier access to local amenities — all without sacrificing the vibrant urban lifestyle the city is known for.

Boasting a population density of 6,332, Oak Terrace is more densely populated than many other Greenacres neighborhoods, creating a vibrant and energetic atmosphere. The higher concentration of residents contributes to a lively street scene, a strong sense of community, and convenient access to shops, restaurants, and urban amenities just steps from home.

With an average age of 41, you're likely to find a well-balanced community where multiple generations live side by side. This mix of age groups contributes to a neighborhood atmosphere that’s both active and welcoming, offering a blend of fresh perspectives and long-standing community values.

Crime in Oak Terrace

Crime Safety Index Score Locked 1 2 3 4 5

 

Total Crime Incidents
Try for free within 1 mile
Score Locked per 100k people

Types of Crime

Oak Terrace neighborhood age breakdown chart

Oak Terrace Crime Map

The Oak Terrace crime map offers a clear, data-driven look at how crime is distributed throughout the neighborhood, using block group data to highlight both safer areas and potential hot spots. The color-coded map makes it easy to see where crime is more concentrated and where it occurs less frequently, helping residents and prospective buyers better understand local safety patterns. It’s important to note that darker or red zones on the map don’t necessarily mean those areas are unsafe — locations near busy transit hubs, shopping districts, or popular attractions often show higher activity simply due to larger crowds and increased foot traffic.

Housing

? /10
Home Price $174,150
Median Rent $1,549
People/Household 2.7

Home Price Breakdown

Oak Terrace neighborhood home price breakdown chart

Rent vs Own

Rent 35% Own 65%

Year Moved In

Before 2010 49% After 2010 51%

Types of Homes in the Area

Market Trends

Year-over-Year YoY data

 

Housing trends offer valuable insight into the accessibility and character of a neighborhood. In Oak Terrace, the median home price is $174,150, which is less than many surrounding areas. This affordability makes it an attractive option for first-time buyers, young families, or anyone looking to enter the housing market without a significant financial barrier. Looking at appreciation rates and past market trends in Oak Terrace can offer valuable insight into the neighborhood’s investment potential. Understanding how home values have changed over time helps buyers gauge future growth, assess long-term stability, and make more informed real estate decisions.

With an average rent price of $1,549, rental rates in Oak Terrace are higher than many other neighborhoods. This reflects the area’s desirability and strong demand, often accompanied by well-maintained properties, premium amenities, and a high quality of life.

Walkability & Lifestyle

Coffee Shops

The Chill Room
Coffee Shop
min.
min.
 
 
 
 
 
 

Entertainment

Greenacres Bowl
Attraction
min.
min.
Lake Worth 8
Cinema
min.
min.

Food & Drink

Fast Food
Fast Food
min.
min.
Fast Food
Fast Food
min.
min.

Groceries

Walmart Neighborhood Market
Grocery Store
min.
min.
Publix
Grocery Store
min.
min.

Parks

Playground
Playground
min.
min.
Playground
Playground
min.
min.

Shops

Convenience Store
Convenience Store
min.
min.
The Home Depot
Home Improvement
min.
min.

Getting Around

Transit Stops

Bus Stop
Bus Stop
min.
min.
 
 
 
 
 
 

Transit Stations

 
 
 
 
 
 
 
 
 
 
 
 

Health & Safety

Medical Facilities

CVS
Pharmacy
min.
min.
 
 
 
 
 
 

Health Care

Fara Bender DMD PA
Dentist
min.
min.
 
 
 
 
 
 

Safety

Palm Beach County Fire Rescue Station 32
Fire Station
min.
min.
Palm Beach County Fire Rescue Station 43
Fire Station
min.
min.

Top Neighborhood Schools

Name Category Grades Rating
Potentia Academy
4784 Melaleuca Ln, Greenacres, FL
High School 5 - 12 School Score
Toussaint L'Ouverture High
2601 S Military Trl, West Palm Beach, FL
High School 9 - 12 School Score
Royal Palm School
6650 Lawrence Rd, Lantana, FL
High School PK - 12 School Score
Heritage Elementary School
5100 Melaleuca Ln, Greenacres, FL
Elementary School KG - 5 School Score
L C Swain Middle School
5332 Lake Worth Rd, Greenacres, FL
Elementary School 6 - 8 School Score
Tradewinds Middle School
5090 Haverhill Rd S, Greenacres, FL
Elementary School 6 - 8 School Score
Diamond View Elementary School
5300 Haverhill Rd, Greenacres, FL
Elementary School PK - 5 School Score

Education Level Achieved

School ratings in Oak Terrace combine factors like student performance, graduation rates, and standardized test scores to provide a clear picture of overall educational quality. The use of NAEP (National Assessment of Educational Progress) scores adds valuable context by offering a consistent national benchmark to see how local schools compare on a broader scale. Additionally, understanding the overall education level achieved by residents in Oak Terrace can give insight into the community’s priorities and opportunities, helping families make more informed decisions about where to live and how well local schools may support long-term student success.

Economy

? /10
Income Per Capita $24,392
Household Income $47,560
Unemployment 2.0%

Income Breakdown

Oak Terrace Income breakdown chart

Employment by Industry

Industry Employed
Agriculture & Mining Unlock
Construction Unlock
Manufacturing Unlock
Wholesale & Retail Unlock
Transportation & Warehousing Unlock
Information Unlock
Finance & Insurance Unlock

Local economic factors play a key role in shaping the character and accessibility of a neighborhood, influencing everything from lifestyle to opportunity. Household incomes in Oak Terrace average around $47,560, which is lower than average. This affordability contributes to a more accessible lifestyle, making it an appealing choice for first-time homeowners, young families, and those looking to enjoy the benefits of the area without a high price tag.

The strength of a neighborhood’s local economy is often reflected in its employment landscape, shaping daily life and long-term stability for residents. In Oak Terrace, the unemployment rate is just 2%, indicating a strong and resilient community with steady economic growth, active local businesses, and a high quality of life.

Frequently Asked Questions

What types of homes are common?

Oak Terrace in Greenacres, FL primarily features single-family homes built in the mid to late 20th century, with a mix of ranch-style and contemporary designs. Many properties have spacious yards with mature landscaping, reflecting the neighborhood’s established and family-friendly atmosphere. You’ll also find some newer developments offering modern amenities, making it a diverse housing option for various preferences.

Are there major highways or transit lines nearby?

Yes, Oak Terrace benefits from convenient access to major highways, including Florida's Turnpike and Jog Road, which run close to the neighborhood and provide easy commuting options throughout Palm Beach County. Public transit is available via Palm Tran bus routes that connect residents to downtown Greenacres as well as neighboring cities, making it practical for those who prefer not to drive.

Are there any community events or local gatherings throughout the year?

Oak Terrace hosts several community events that foster neighborly connections, such as the annual Oak Terrace Summer Block Party held at Veterans Park. Additionally, the nearby Greenacres Farmers Market, held every Saturday at the Greenacres Community Center, offers fresh produce and crafts, serving as a popular local gathering spot. Seasonal events like holiday parades and outdoor movie nights are also common in the area, enhancing the neighborhood’s community spirit.

Compare Nearby Neighborhoods

Location Overall Amenities Health Transit Schools Housing Economy Crime
Unlock to see 82 32 77 58 42 69 32 42
Unlock to see 75 86 67 55 74 42 86 43
Unlock to see 68 42 68 77 77 36 49 47
Oak Terrace Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe
Unlock to see 49 76 42 84 64 84 37 32
Unlock to see 36 49 49 62 68 50 82 86
Unlock to see 25 89 53 58 34 55 37 38

Other Neighborhoods in Greenacres, FL