2968 Wentworth Way, Tarpon Springs
Pinellas County Real Estate - Tarpon Springs
Tarpon Springs is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 23,484. Tarpon Springs is approximately 23 miles from Tampa (population 335,709) and around 27 miles from Saint Petersburg (population 244,769).
The median age for residents of Tarpon Springs is 48.4. Around 23.8% of Tarpon Springs households include school aged children and 38.9% of households include individuals aged 65 years or over. Census records indicate 88% of the Tarpon Springs population are White, 6.3% are Black or African American, .3% American Indian, 1.4% Asian and 2.1% are Two or more Races.
There are 12,433 housing units in Tarpon Springs. 2,182 (17.5%) of these were reported as vacant in the 2010 Census. Tarpon Springs is a tourist destination, 43% (940) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 3,244 residential rental units in Tarpon Springs. 2,829 of them were occupied in 2010 providing a residential rental vacancy rate of 12.2%.
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Pinellas County
Pinellas County is part of the Tampa Bay region of Florida, along with Citrus, Hernando, Pasco, Hillsborough, Polk, Manatee, and Sarasota counties. The county lies on a peninsula across Tampa Bay from Hillsborough County and the city of Tampa. Pinellas counts over 900,000 people in its population. There are 24 incorporated municipalities in Pinellas County.
Pinellas County's largest industries are tourism, retail and wholesale trade, and finance, insurance and real estate. Major private sector employers include Home Shopping Network, Fidelity Information Services, Nielson Media Research, Raymond James Financial, and Tech Data Corp. Public employers are Pinellas County School District, Pinellas County Government, City of St. Petersburg, and Pinellas County Sheriff's Office.
Around 5 million people visit Pinellas County annually. Pinellas County's main tourist attraction is its beaches along the gulf coast. Pinellas County also attracts a lot of retirees, with one in five of its residents over the age of sixty five.
Unlike many counties, the largest city is not the county seat. Home to around a quarter of a million people, St. Petersburg is the fifth-largest city in Florida and headquarters for Home Shopping Network, Jabil Circuit, and Raymond James Financial. The county seat is Clearwater, which has a population around 100,000. Clearwater is home to Fortune 500 company Tech Data.
The city of Tarpon Springs was largely settled by Greeks and is currently the city most heavily populated by people of Greek ancestry in the U.S. Tarpon Springs is a major center of sponging. Though economic activity revolves around a variety of aquaculture harvesting, including fishing and shrimping, sponge diving and its legacy are what the city is known for.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 2972 Wentworth Way | Single Family | 4,842 | A |
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| 2967 Wentworth Way | Single Family | 4,306 | A |
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| 2976 Wentworth Way | Single Family | 4,158 | A |
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| 2960 Wentworth Way | Single Family | 4,634 | A |
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| 2963 Wentworth Way | Single Family | 4,135 | A |
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| 2975 Wentworth Way | Single Family | 5,433 | A |
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| 2959 Wentworth Way | Single Family | 4,788 | A |
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| 2979 Wentworth Way | Single Family | 4,363 | A |
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| 2956 Wentworth Way | Single Family | 5,245 | A |
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| 2955 Wentworth Way | Single Family | 5,106 | A |
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| 2983 Wentworth Way | Single Family | 3,942 | A |
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| 2952 Wentworth Way | Single Family | 4,687 | A |
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Local Household Income
The median household income in this part of Florida is $74,897. The bottom 10% of the population earn less than $24,437 per year. The top 10% earn more than $185,612 per year. The top 1% earn more than $591,579 per year. Most renters earn between $33,924 (20th percentile) and $62,028 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $149,794 and $187,243.
The tax assessed value of this property places it in percentile 97 of all properties in this area. This suggests it would appeal to someone earning around $397,325 per year who should qualify for a mortgage between $794,650 and $993,313.
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 $1,058. Most renters earn between $2,827 and $5,169 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $840 (20th percentile) to $1,539 (80th percentile) range. The residential vacancy rate is 5%.
This property falls in percentile 97 of all properties in this area. This corresponds to a rent of $3,164 per month and a monthly household income of $9,720 ($116,640 per year)
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