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Local Household Income

The median household income in this part of Florida is $67,081. The bottom 10% of the population earn less than $24,392 per year. The top 10% earn more than $150,124 per year. The top 1% earn more than $434,186 per year. Most renters earn between $32,172 (20th percentile) and $60,048 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $134,162 and $167,703.

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 $434,186 per year who should qualify for a mortgage between $868,372 and $1,085,465.

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 $1,018. Most renters earn between $2,681 and $5,004 per month. They typically spend 30% of their monthly income on rent. Most rents fall in the $705 (20th percentile) to $1,432 (80th percentile) range. The residential vacancy rate is 8%.

This property falls in percentile 99 of all properties in this area. This corresponds to a rent of $3,164 per month and a monthly household income of $9,032 ($108,384 per year)

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