5497 Sw Cr 239, Lake Butler
Union County Real Estate - Worthington Springs
Worthington Springs is in North Central Florida. It's population as recorded in the 2010 Census was 181. Worthington Springs is approximately 20 miles from Gainesville (population 124,354) and around 35 miles from Middleburg (population 13,008).
The median age for residents of Worthington Springs is 31.1. Around 34.3% of Worthington Springs households include school aged children and 31.3% of households include individuals aged 65 years or over. Census records indicate 89.5% of the Worthington Springs population are White, 3.8% are Black or African American, 0% American Indian, 0% Asian and 4.4% are Two or more Races.
There are 82 housing units in Worthington Springs. 15 (18.2%) of these were reported as vacant in the 2010 Census. There are 37 residential rental units in Worthington Springs. 26 of them were occupied in 2010 providing a residential rental vacancy rate of 29.7%.
Worthington Springs links:
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Union County
Union County is located in North Central Florida, along with Alachua, Madison, Hamilton, Taylor, Suwannee, Bradford, Lafayette, Dixie, Levy, Gilchrist, Marion, and Columbia counties. Union County is Florida's smallest county in area. Union County's largest industries by employment are trade, transportation, & utilities; manufacturing; and public administration. Major private sector employers are North Florida reception Center, Prichet Trucking, Suwannee Medical Personnel, Lake Butler Hospital/ Ramadan Hand Institute, and Ellington Construction. Top public sector employers are Union Correctional Institute, Union County School District, and Union County Government. Union County cities are Lake Butler (county seat), Raiford, and Worthington Springs.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 5537 Sw Cr 239 | Mobile Home | 2,280 | B |
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| 9387 Sw 54th Way | Mobile Home | 1,294 | B |
|
| 5427 Sw Cr 239 | Single Family | 2,956 | B |
|
| 9355 Sw 54th Way | Timberland - site index 80 to 89 | 1,686 | B |
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Local Household Income
The median household income in this part of Florida is $47,144. The bottom 10% of the population earn less than $14,911 per year. The top 10% earn more than $110,883 per year. The top 1% earn more than $404,215 per year. Most renters earn between $22,800 (20th percentile) and $42,960 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $94,288 and $117,860.
The tax assessed value of this property places it in percentile 35 of all properties in this area. This suggests it would appeal to someone earning around $35,848 per year who should qualify for a mortgage between $71,696 and $89,620.
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 $717. Most renters earn between $1,900 and $3,580 per month. They typically spend 29% of their monthly income on rent. Most rents fall in the $504 (20th percentile) to $957 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 35 of all properties in this area. This corresponds to a rent of $603 per month and a monthly household income of $2,356 ($28,272 per year)