544 18th Ln Nw, Jennings
Madison County Real Estate - Pinetta
Pinetta is in North Central Florida. Pinetta is approximately 56 miles from Tallahassee (population 181,376) and around 51 miles from Lake City (population 12,046).
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Madison County
Madison County is located in North Central Florida, along with Alachua, Hamilton, Taylor, Suwannee, Union, Bradford, Lafayette, Dixie, Levy, Gilchrist, Marion, and Columbia counties. The largest industries by employment in Madison County are education & health services; trade, transportation, & utilities; and public administration. Major private sector employers are Madison Correctional Facility, Nestle Waters North America, Johnson & Johnson, Lake Park of Madison Nursing Home, and Madison County Memorial Hospital. Top public sector employers are Madison County School District, Madison Correctional Facility, and Madison County Government. Madison County cities are Greenville, Lee, Madison (county seat), and Pinetta.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| C/O Mrs Grace Clay | Single Family | 2,038 | B |
 |
| 544 Nw 18th Lane | Vacant Residential | 0 | L | |
| 520 Nw 18th Lane | Vacant Residential | 0 | L | |
| 520 18th Lane Nw | Single Family | 4,179 | B |
|
Local Household Income
The median household income in this part of Florida is $44,504. The bottom 10% of the population earn less than $13,349 per year. The top 10% earn more than $105,290 per year. The top 1% earn more than $282,221 per year. Most renters earn between $18,888 (20th percentile) and $35,256 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $89,008 and $111,260.
The tax assessed value of this property places it in percentile 92 of all properties in this area. This suggests it would appeal to someone earning around $115,189 per year who should qualify for a mortgage between $230,378 and $287,973.
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 $661. Most renters earn between $1,574 and $2,938 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $400 (20th percentile) to $886 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 92 of all properties in this area. This corresponds to a rent of $1,118 per month and a monthly household income of $3,717 ($44,604 per year)