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Local Household Income

The median household income in this part of Florida is $63,623. The bottom 10% of the population earn less than $18,301 per year. The top 10% earn more than $212,078 per year. The top 1% earn more than $667,781 per year. Most renters earn between $34,452 (20th percentile) and $63,516 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $127,246 and $159,058.

The tax assessed value of this property places it in percentile 94 of all properties in this area. This suggests it would appeal to someone earning around $358,568 per year who should qualify for a mortgage between $717,136 and $896,420.

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 $1,324. Most renters earn between $2,871 and $5,293 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $947 (20th percentile) to $1,771 (80th percentile) range. The residential vacancy rate is 11%.

This property falls in percentile 94 of all properties in this area. This corresponds to a rent of $2,649 per month and a monthly household income of $8,096 ($97,152 per year)

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