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Local Household Income

The median household income in this part of Florida is $85,046. The bottom 10% of the population earn less than $28,439 per year. The top 10% earn more than $189,830 per year. The top 1% earn more than $453,291 per year. Most renters earn between $42,180 (20th percentile) and $69,660 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $170,092 and $212,615.

The tax assessed value of this property places it in percentile 25 of all properties in this area. This suggests it would appeal to someone earning around $48,444 per year who should qualify for a mortgage between $96,888 and $121,110.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $1,075. Most renters earn between $3,515 and $5,805 per month. They typically spend 27% of their monthly income on rent. Most rents fall in the $847 (20th percentile) to $1,384 (80th percentile) range. The residential vacancy rate is 6%.

This property falls in percentile 25 of all properties in this area. This corresponds to a rent of $879 per month and a monthly household income of $3,634 ($43,608 per year)

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