2255 Valley Oak St, The Villages
Sumter County Real Estate - Wildwood
Wildwood is in East Central Florida. It's population as recorded in the 2010 Census was 6,709. Wildwood is approximately 23 miles from Ocala (population 56,315) and around 5 miles from The Villages (population 51,442).
The median age for residents of Wildwood is 56.2. Around 19.9% of Wildwood households include school aged children and 48.5% of households include individuals aged 65 years or over. Census records indicate 74.6% of the Wildwood population are White, 21% are Black or African American, .4% American Indian, 1.1% Asian and 1.5% are Two or more Races.
There are 4,464 housing units in Wildwood. 1,502 (33.6%) of these were reported as vacant in the 2010 Census. Wildwood is a tourist destination, 42.2% (634) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 852 residential rental units in Wildwood. 678 of them were occupied in 2010 providing a residential rental vacancy rate of 19.6%.
Wildwood links:
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Sumter County
Sumter County is located in East Central Florida, along with Brevard, Orange, Volusia, Seminole, Lake, and Osceola counties. Cities in Sumter County include Bushnell, Center Hill, Coleman, Webster, and Wildwood. The county is home to over 90,000.
The largest industries in Sumter County by employment are leisure & hospitality, trade & transportation, education & health services, and public administration. Sumter County major private employers are The Villages, T&D Concrete, Villages Regional Medical Center, Wal-Mart, and Sumter Electric Cooperative. Major public employers include Coleman Federal Prison, Sumter District Schools, Sumter Correctional Institute, Sumter County Government, and Lake Sumter Community College.
Known as "Hog County" for its large pig population, Sumter is historically a largely rural county. Sumter is number eighteen among Florida counties for number of cattle and calves. In the southern end of the county, near Webster, cucumbers, eggplants and peppers are grown for commercial sale. Near the unincorporated community of Oxford in the north, tomatoes and watermelons are the more popular crops.
The county is known to the Census Bureau as The Villages Micropolitan Statistical Area, named after the most populous census-designated place in Sumter County. The Villages is a large, planned retirement community that spans Sumter, Lake, and Marion Counties. The community in northeast Sumter County is home to over 50,000. In addition to the retirees, The Villages also contains subdivisions for workers and their families that includes a charter school. Over 95% of residents are white caucasians.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 2251 Valley Oak St | Single Family | 2,499 | L |
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| 2252 Valley Oak St | Single Family | 2,516 | L |
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| 2247 Valley Oak St | Vacant Residential | 2,392 | L |
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| 2246 Valley Oak St | Single Family | 2,169 | L |
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| 2223 Bachman Path | Vacant Residential | 2,431 | L |
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| 2233 Bachman Path | Single Family | 2,365 | L |
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| 2219 Bachman Path | Single Family | 2,412 | L |
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| 2241 Valley Oak St | Single Family | 2,418 | L |
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| 2274 Queen Palm Pl | Single Family | 2,319 | L |
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| 2240 Valley Oak St | Single Family | 2,590 | L |
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| 2268 Queen Palm Pl | Single Family | 1,890 | L |
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| 2088 Fringe Tree Trl | Single Family | 2,388 | L |
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| 2237 Bachman Path | Single Family | 2,382 | L |
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| 2264 Queen Palm Pl | Single Family | 1,929 | L |
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| 2215 Bachman Path | Vacant Residential | 2,583 | L |
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| 2082 Fringe Tree Trl | Vacant Residential | 2,472 | L |
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| 2092 Fringe Tree Trl | Single Family | 2,363 | L |
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| 2236 Valley Oak St | Single Family | 2,473 | L |
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| 2258 Queen Palm Pl | Single Family | 2,018 | L |
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| 2235 Valley Oak St | Single Family | 2,431 | L |
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| 2241 Bachman Path | Single Family | 2,313 | L |
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| 2213 Bachman Path | Single Family | 2,479 | L |
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| 2098 Fringe Tree Trl | Vacant Residential | 2,449 | L |
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| 2228 Bachman Path | Single Family | 2,094 | L |
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| 2254 Queen Palm Pl | Vacant Residential | 2,319 | L |
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| 2224 Bachman Path | Vacant Residential | 2,391 | L |
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| 2232 Bachman Path | Single Family | 2,324 | L |
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| 2232 Valley Oak St | Single Family | 2,439 | L |
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| 2220 Bachman Path | Single Family | 2,386 | L |
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| 2247 Bachman Path | Single Family | 1,913 | L |
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| 2231 Valley Oak St | Single Family | 2,010 | L |
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| 2236 Bachman Path | Single Family | 2,185 | L |
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| 2034 Shining Willow Ct | Single Family | 2,436 | L |
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| 2104 Fringe Tree Trl | Vacant Residential | 2,451 | L |
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| 2216 Bachman Path | Single Family | 2,324 | L |
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| 2211 Bachman Path | Single Family | 2,647 | L |
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| 2250 Queen Palm Pl | Single Family | 2,391 | L |
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| 2240 Bachman Path | Single Family | 2,547 | L |
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| 2031 Shining Willow Ct | Single Family | 2,435 | L |
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| 2081 Fringe Tree Trl | Vacant Residential | 2,503 | L |
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| 2212 Bachman Path | Single Family | 2,391 | L |
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| 2226 Valley Oak St | Single Family | 2,413 | L |
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| 2293 Crestview St | Single Family | 1,657 | L |
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| 2249 Bachman Path | Single Family | 2,482 | L |
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| 2297 Crestview St | Single Family | 1,433 | L |
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| 2289 Crestview St | Single Family | 1,433 | L |
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| 2108 Fringe Tree Trl | Single Family | 2,409 | L |
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| 2244 Bachman Path | Vacant Residential | 2,450 | L |
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| 2244 Queen Palm Pl | Single Family | 2,365 | L |
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Local Household Income
The median household income in this part of Florida is $52,536. The bottom 10% of the population earn less than $19,404 per year. The top 10% earn more than $118,419 per year. The top 1% earn more than $306,813 per year. Most renters earn between $24,504 (20th percentile) and $42,492 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $105,072 and $131,340.
The tax assessed value of this property places it in percentile 85 of all properties in this area. This suggests it would appeal to someone earning around $101,242 per year who should qualify for a mortgage between $202,484 and $253,105.
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 $801. Most renters earn between $2,042 and $3,541 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $619 (20th percentile) to $1,098 (80th percentile) range. The residential vacancy rate is 10%.
This property falls in percentile 85 of all properties in this area. This corresponds to a rent of $1,199 per month and a monthly household income of $3,745 ($44,940 per year)
Nearby Companies
2224 Bachman Path