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Local Household Income

The median household income in this part of Florida is $46,930. The bottom 10% of the population earn less than $15,179 per year. The top 10% earn more than $139,950 per year. The top 1% earn more than $671,300 per year. Most renters earn between $26,412 (20th percentile) and $47,304 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $93,860 and $117,325.

The tax assessed value of this property places it in percentile 99 of all properties in this area. This suggests it would appeal to someone earning around $671,300 per year who should qualify for a mortgage between $1,342,600 and $1,678,250.

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 $1,056. Most renters earn between $2,201 and $3,942 per month. They typically spend 39% of their monthly income on rent. Most rents fall in the $826 (20th percentile) to $1,443 (80th percentile) range. The residential vacancy rate is 9%.

This property falls in percentile 99 of all properties in this area. This corresponds to a rent of $3,269 per month and a monthly household income of $8,463 ($101,556 per year)

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