Alachua County Real Estate - Gainesville

Gaineville is the home to The University of Florida and much of the economy revolves around the University, with the highest percentage of residents in their 20s. Top employers are University of Florida, Shands HealthCare, Veterans Health Administration, School Board of Alachua County, and City of Gainesville.

Gainesville is in North Central Florida. It's population as recorded in the 2010 Census was 124,354.

The median age for residents of Gainesville is 24.9. Around 18.4% of Gainesville households include school aged children and 15% of households include individuals aged 65 years or over. Census records indicate 64.9% of the Gainesville population are White, 22.9% are Black or African American, .3% American Indian, 6.8% Asian and 2.9% are Two or more Races.

There are 57,576 housing units in Gainesville. 6,547 (11.3%) of these were reported as vacant in the 2010 Census. There are 36,032 residential rental units in Gainesville. 31,660 of them were occupied in 2010 providing a residential rental vacancy rate of 11.8%.

Gainesville links:

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

AddressTypeSq FtClass 
%Trend Mgmt Solutions Inc 412 Condominium 670 B
527 W University Ave Store, one story 3,665 B
621 W University Ave Community Shopping Center 5,790 B
107 Sw 7th St Office building, non-professional service building, one story 1,900 B
117 Sw 7th St Parking lot (commercial or patron) or mobile home park 0 L
112 Sw 6th St Store, one story 12,003 B
536 Sw 2nd Ave Club, lodge or union hall 5,541 C
530 W University Ave College 6,264 B
516 W University Ave College 4,656 B
710 W University Ave Community Shopping Center 6,735 B
460 W University Ave College 0 L
720 Sw 2nd Ave Professional service building 74,158 B
425 W University Ave Church 28,885 B
720 Sw 2nd Ave Professional service building 1,330 B
720 Sw 2nd Ave Professional service building 4,000 B
720 Sw 2nd Ave Professional service building 10,748 B
720 Sw 2nd Ave Professional service building 1,652 B
720 Sw 2nd Ave Professional service building 1,652 B
720 Sw 2nd Ave Professional service building 3,244 B
720 Sw 2nd Ave Professional service building 1,792 B
720 Sw 2nd Ave Professional service building 1,270 B
720 Sw 2nd Ave Professional service building 1,138 B
720 Sw 2nd Ave Professional service building 10,748 B
720 Sw 2nd Ave Professional service building 1,652 B
720 Sw 2nd Ave Professional service building 3,766 B
720 Sw 2nd Ave Store, one story 1,390 B
720 Sw 2nd Ave Professional service building 1,112 B
720 Sw 2nd Ave Drive-in Restaurant 2,689 B
720 Sw 2nd Ave Professional service building 7,878 B
720 Sw 2nd Ave Professional service building 3,045 B

Local Household Income

The median household income in this part of Florida is $55,472. The bottom 10% of the population earn less than $13,995 per year. The top 10% earn more than $148,540 per year. The top 1% earn more than $520,757 per year. Most renters earn between $20,484 (20th percentile) and $35,916 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $110,944 and $138,680.

The tax assessed value of this property places it in percentile 92 of all properties in this area. This suggests it would appeal to someone earning around $171,169 per year who should qualify for a mortgage between $342,338 and $427,923.

Annual Income Distribution - All Households (Brown), Renters (Blue)
0
10
20
30
40
50
60
70
80
90
100
$0
$130,189
$260,379
$390,568
$520,757
$171,169

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 $853. Most renters earn between $1,707 and $2,993 per month. They typically spend 41% of their monthly income on rent. Most rents fall in the $612 (20th percentile) to $1,234 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 92 of all properties in this area. This corresponds to a rent of $1,577 per month and a monthly household income of $3,812 ($45,744 per year)

Rent Range - Gross Monthly Income (Blue), Gross Rent (Green)
0
10
20
30
40
50
60
70
80
90
100
$158
$1,458
$2,759
$4,059
$5,359
$3,812
$1,577

Nearby Companies

Zuzu Building, LLC
408 West University Ave
Players Club Only LLC
625 W University Ave
Worth Advertising Group, Inc.
625 W University Ave
Beach Break Salon LLC
603 West University Ave
Karma Cream, Inc.
607 West University Ave
West University Avenue Lofts, L.L.C.
University Ave & Sw 6th St
Heart'S Desire, Inc.
530 W University Ave
Bell'S Professional Cleaning Solutions
530 West University Ave
Simply Innovative Solutions, Inc.
530 West University Ave
Vg Enterprises, Incorporated
527 W University Ave
Gainesville Lodge, LLC
413 W University Ave
Beveragelicense.Com LLC
408 W University Ave
Zuzu Holdings LLC
408 West University Ave Suite 10-B
Yuge Deals, Lllp
720 Sw 2nd Ave
Crph Iix, Lllp
720 Sw 2nd Ave
Hector Framing Gallery Inc.
702 W University Ave
Leonardo'S 706 Inc
706 W University Ave
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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