3407 New Hope Pl, The Villages
Sumter County Real Estate - The Villages
The Villages is in East Central Florida. It's population as recorded in the 2010 Census was 51,442.
The median age for residents of The Villages is 68.7. Around .2% of The Villages households include school aged children and 79.6% of households include individuals aged 65 years or over. Census records indicate 98.1% of the The Villages population are White, .6% are Black or African American, .1% American Indian, .6% Asian and .2% are Two or more Races.
There are 35,587 housing units in The Villages. 6,946 (19.5%) of these were reported as vacant in the 2010 Census. The Villages is a tourist destination, 65.6% (4,559) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 2,162 residential rental units in The Villages. 889 of them were occupied in 2010 providing a residential rental vacancy rate of 54.4%.
The Villages 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 | |
|---|---|---|---|---|
| 3413 New Hope Pl | Single Family | 1,959 | L |
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| 3401 New Hope Pl | Single Family | 1,529 | L |
|
| 3406 Sipsey St | Single Family | 1,754 | L |
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| 3418 Sipsey St | Single Family | 1,746 | L |
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| 3419 New Hope Pl | Single Family | 1,746 | L |
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| 3400 Sipsey St | Single Family | 1,992 | L |
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| 3424 Sipsey St | Single Family | 1,391 | L |
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| 3400 New Hope Pl | Single Family | 1,895 | L |
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| 3412 New Hope Pl | Single Family | 1,895 | L |
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| 3425 New Hope Pl | Single Family | 1,760 | L |
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| 3430 Sipsey St | Single Family | 1,881 | L |
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| 3418 New Hope Pl | Single Family | 1,895 | L |
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| 946 Candler Pl | Single Family | 1,498 | L |
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| 940 Candler Pl | Single Family | 1,522 | L |
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| 952 Candler Pl | Single Family | 1,881 | L |
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| 3413 Sipsey St | Single Family | 1,746 | L |
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| 912 Davenport Dr | Single Family | 1,746 | L |
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| 3424 New Hope Pl | Single Family | 1,720 | L |
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| 3407 Sipsey St | Single Family | 1,636 | L |
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| 3419 Sipsey St | Single Family | 1,498 | L |
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| 3431 New Hope Pl | Single Family | 1,820 | L |
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| 3436 Sipsey St | Single Family | 1,532 | L |
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| 934 Candler Pl | Single Family | 1,780 | L |
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| 958 Candler Pl | Single Family | 1,760 | L |
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| 3401 Sipsey St | Single Family | 1,870 | L |
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| 3425 Sipsey St | Single Family | 1,746 | L |
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| 928 Candler Pl | Single Family | 1,746 | L |
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| 964 Candler Pl | Single Family | 1,746 | L |
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| 3431 Sipsey St | Single Family | 1,746 | L |
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| 3430 New Hope Pl | Single Family | 2,069 | L |
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| 3442 Sipsey St | Single Family | 1,760 | L |
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| 3437 New Hope Pl | Single Family | 1,760 | L |
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| 3655 Idlewood Loop | Single Family | 1,529 | L |
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| 3651 Idlewood Loop | Single Family | 1,391 | L |
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| 3659 Idlewood Loop | Single Family | 1,498 | L |
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| 970 Candler Pl | Single Family | 1,881 | L |
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| 911 Halstead Ter | Single Family | 1,615 | L |
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| 3437 Sipsey St | Single Family | 1,529 | L |
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| 922 Candler Pl | Single Family | 1,746 | L |
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| 3647 Idlewood Loop | Single Family | 1,746 | L |
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| 3663 Idlewood Loop | Single Family | 1,843 | L |
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| 904 Davenport Dr | Single Family | 1,746 | L |
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| 3448 Sipsey St | Single Family | 1,760 | L |
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| 3443 New Hope Pl | Single Family | 1,807 | L |
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| 3643 Idlewood Loop | Single Family | 1,746 | L |
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| 945 Candler Pl | Single Family | 1,391 | L |
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| 939 Candler Pl | Single Family | 1,466 | L |
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| 947 Candler Pl | Single Family | 1,760 | L |
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| 905 Halstead Ter | Single Family | 1,760 | 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 67 of all properties in this area. This suggests it would appeal to someone earning around $69,867 per year who should qualify for a mortgage between $139,734 and $174,668.
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 67 of all properties in this area. This corresponds to a rent of $928 per month and a monthly household income of $3,203 ($38,436 per year)