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Local Household Income

The median household income in this part of Florida is $52,677. The bottom 10% of the population earn less than $15,071 per year. The top 10% earn more than $137,099 per year. The top 1% earn more than $431,029 per year. Most renters earn between $25,896 (20th percentile) and $45,588 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $105,354 and $131,693.

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 $431,029 per year who should qualify for a mortgage between $862,058 and $1,077,573.

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 $846. Most renters earn between $2,158 and $3,799 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $619 (20th percentile) to $1,160 (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 $2,334 per month and a monthly household income of $6,988 ($83,856 per year)

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