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Local Household Income

The median household income in this part of Florida is $55,358. The bottom 10% of the population earn less than $17,870 per year. The top 10% earn more than $130,256 per year. The top 1% earn more than $382,868 per year. Most renters earn between $34,188 (20th percentile) and $55,368 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $110,716 and $138,395.

The tax assessed value of this property places it in percentile 95 of all properties in this area. This suggests it would appeal to someone earning around $173,322 per year who should qualify for a mortgage between $346,644 and $433,305.

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 $1,202. Most renters earn between $2,849 and $4,614 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $958 (20th percentile) to $1,602 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 95 of all properties in this area. This corresponds to a rent of $1,999 per month and a monthly household income of $5,655 ($67,860 per year)

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