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Oak Terrace, Greenacres,FL

Neighborhood Data
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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.

Oak Terrace Demographics

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

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Total Crime Incidents
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Types of Crime

Oak Terrace neighborhood crime 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

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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 Home Prices 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
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Entertainment

Greenacres Bowl
Attraction
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Lake Worth 8
Cinema
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Food & Drink

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Groceries

Walmart Neighborhood Market
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Publix
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Parks

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Shops

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The Home Depot
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Getting Around

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Health & Safety

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Health Care

Fara Bender DMD PA
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Safety

Palm Beach County Fire Rescue Station 32
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Palm Beach County Fire Rescue Station 43
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Top Rated Schools

Name Category Grades Rating
Greenacres Elementary School
405 Jackson Ave, Greenacres, FL
Elementary School PK - 5 School Score
Indian Pines Elementary School
6000 Oak Royal Dr, Lake Worth, FL
Elementary School PK - 5 School Score
Paolo Prep Academy
12473 World Cup Ln, Wellington, FL
High School 3 - 12 School Score
Potentia Academy
4784 Melaleuca Ln, Greenacres, FL
High School 5 - 12 School Score
Wellington Preparatory School
9135 Lake Worth Rd, Lake Worth, FL
High School PK - 12 School Score
Diamond View Elementary School
5300 Haverhill Rd, Greenacres, FL
Elementary School PK - 5 School Score
Montessori Academyof Early Enrichment Inc
6300 Lake Worth 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.