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Local Household Income

The median household income in this part of Florida is $59,157. The bottom 10% of the population earn less than $15,502 per year. The top 10% earn more than $169,823 per year. The top 1% earn more than $510,625 per year. Most renters earn between $29,088 (20th percentile) and $54,276 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $118,314 and $147,893.

The tax assessed value of this property places it in percentile 91 of all properties in this area. This suggests it would appeal to someone earning around $180,858 per year who should qualify for a mortgage between $361,716 and $452,145.

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 $1,103. Most renters earn between $2,424 and $4,523 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $806 (20th percentile) to $1,561 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 91 of all properties in this area. This corresponds to a rent of $1,871 per month and a monthly household income of $5,337 ($64,044 per year)

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