7023 Sw 85th Ter, Gainesville
Alachua County Real Estate - Archer
Archer is in North Central Florida. It's population as recorded in the 2010 Census was 1,118. Archer is approximately 14 miles from Gainesville (population 124,354) and around 33 miles from Ocala (population 56,315).
The median age for residents of Archer is 39.6. Around 33.1% of Archer households include school aged children and 24.2% of households include individuals aged 65 years or over. Census records indicate 65.2% of the Archer population are White, 30.8% are Black or African American, .7% American Indian, 1.2% Asian and 1.2% are Two or more Races.
There are 517 housing units in Archer. 64 (12.3%) of these were reported as vacant in the 2010 Census. There are 175 residential rental units in Archer. 160 of them were occupied in 2010 providing a residential rental vacancy rate of 8.6%.
Archer links:
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Alachua County
Alachua County is located in North Central Florida, along with Madison, Hamilton, Taylor, Suwannee, Union, Bradford, Lafayette, Dixie, Levy, Gilchrist, Marion, and Columbia counties. Alachua County is home to the University of Florida, and a lot of the county's economy revolves around this. Top industries providing employment are government; education & health services; trade, transportation, & utilities; and leisure & hospitality. Cities in Alachua County are Alachua, Archer, Gainesville, Hawthorne, High Springs, Newberry, and Waldo. The population of the county is around 250,000.
Major private sector employers for Alachua County are Shands Hospital, Publix, North Florida Regional Medical Center, Nationwide Insurance, and Wal-Mart Distribution Center. Top public sector employers are University of Florida, Veteran Affairs Medical Center, Alachua County School Board, City of Gainesville, Alachua County, and Santa Fe Community College.
Alachua has historically been an important center of agricultural production. Many animal herds are raised in the county; Alachua ranks in the top for number of cattle, pigs, and goats. It is also known for its tobacco, peanuts, corn, blueberries, peppers, cucumbers, potatoes, and squash. More than 35,000 people are employed in the county?s agriculture industry.
Gainesville is home to the University of Florida, the flagship of the State University System of Florida. UF is highly-regarded on university rankings such as the annual report put out by U.S. News and World Report. The university has an enrollment over 50,000, making it one of the largest in the nation. Over $400 million in research grants are annually awarded to UF. The 2,000-acre campus employs more than 14,000 people, making it the largest employer in the county.
The county?s second-largest employer is Shands Hospital, with over 12,000 employees. Shands operates a facility dedicated to children and another for cancer patients. Shands is recognized as a top hospital by U.S. News and World Report.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 7013 Sw 85th Ter | Single Family | 1,926 | B |
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| 7105 Sw 85th Ter | Single Family | 2,434 | B |
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| 7026 Sw 85th Ter | Single Family | 2,539 | B |
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| 7115 Sw 85th Ter | Single Family | 2,516 | B |
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| 7003 Sw 85th Ter | Single Family | 2,324 | B |
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| 7016 Sw 85th Ter | Single Family | 2,308 | B |
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| 8515 Sw 69th Pl | Single Family | 2,152 | B |
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| 7120 Sw 85th Ter | Single Family | 2,453 | B |
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| 7006 Sw 85th Ter | Single Family | 2,524 | B |
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| 8505 Sw 69th Pl | Single Family | 2,344 | B |
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| 7125 Sw 85th Ter | Single Family | 2,156 | B |
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| 7122 Sw 84th Way | Single Family | 2,389 | B |
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| 7029 Sw 86th Ter | Single Family | 2,228 | B |
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| 7019 Sw 86th Ter | Single Family | 2,355 | B |
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| 7107 Sw 86th Ter | Single Family | 2,315 | B |
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| 7130 Sw 85th Ter | Single Family | 2,322 | B |
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| 8427 Sw 69th Pl | Single Family | 2,766 | B |
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| 7119 Sw 84th Way | Single Family | 3,334 | B |
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| 7207 Sw 85th Ter | Single Family | 2,105 | B |
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| 6925 Sw 85 Ter | Single Family | 2,368 | B |
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| 7208 Sw 84th Way | Single Family | 2,819 | B |
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| 6928 Sw 84th Dr | Single Family | 2,340 | B |
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| 7127 Sw 86th Ter | Single Family | 2,344 | B |
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| 7204 Sw 85th Ter | Single Family | 2,535 | B |
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| 6932 Sw 85th Ter | Single Family | 2,704 | B |
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| 8417 Sw 69th Pl | Single Family | 2,750 | B |
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| 6915 Sw 85th Ter | Single Family | 2,155 | B |
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| 7217 Sw 85th Ter | Single Family | 2,271 | B |
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| 6929 Sw 86th Ter | Single Family | 2,322 | B |
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| 7218 Sw 84th Way | Single Family | 2,322 | B |
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| 7012 Sw 86th Ter | Single Family | 2,322 | B |
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| 7214 Sw 85th Ter | Single Family | 2,289 | B |
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| 6922 Sw 85th Ter | Single Family | 2,080 | B |
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| 6931 Sw 84th Dr | Single Family | 2,287 | B |
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| 7002 Sw 86th Ter | Single Family | 2,967 | B |
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| 8407 Sw 69th Pl | Single Family | 2,290 | B |
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| 7118 Sw 86th Ter | Single Family | 2,760 | B |
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| 7213 Sw 84th Way | Single Family | 2,582 | B |
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| 7219 Sw 86th Ter | Single Family | 2,332 | B |
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Local Household Income
The median household income in this part of Florida is $67,642. The bottom 10% of the population earn less than $18,135 per year. The top 10% earn more than $176,120 per year. The top 1% earn more than $495,714 per year. Most renters earn between $25,716 (20th percentile) and $48,936 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $135,284 and $169,105.
The tax assessed value of this property places it in percentile 62 of all properties in this area. This suggests it would appeal to someone earning around $85,641 per year who should qualify for a mortgage between $171,282 and $214,103.
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 $899. Most renters earn between $2,143 and $4,078 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $651 (20th percentile) to $1,263 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 62 of all properties in this area. This corresponds to a rent of $1,025 per month and a monthly household income of $3,224 ($38,688 per year)
Nearby Companies
7012 Sw 86th Ter
7012 Sw 86th Ter
7012 Sw 86th Ter