3952 Se 20th Ave, Keystone Heights
Alachua County Real Estate - Earleton
Earleton is in North Central Florida. Earleton is approximately 15 miles from Gainesville (population 124,354) and around 27 miles from Middleburg (population 13,008).
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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 | |
---|---|---|---|---|
4050 Se 20th Ave | Vacant Residential | 0 | L | |
3908 20th Ave Se | Single Family | 2,452 | B |
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Po Box 1475 | Vacant Residential | 0 | L | |
3892 20th Ave Se | Single Family | 2,301 | B |
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3876 20th Ave Se | Single Family | 2,037 | B |
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4050 20th Ave Se | Single Family | 3,814 | B |
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Local Household Income
The median household income in this part of Florida is $68,898. The bottom 10% of the population earn less than $24,181 per year. The top 10% earn more than $151,469 per year. The top 1% earn more than $416,719 per year. Most renters earn between $34,068 (20th percentile) and $61,332 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $137,796 and $172,245.
The tax assessed value of this property places it in percentile 99 of all properties in this area. This suggests it would appeal to someone earning around $416,719 per year who should qualify for a mortgage between $833,438 and $1,041,798.
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 $988. Most renters earn between $2,839 and $5,111 per month. They typically spend 29% of their monthly income on rent. Most rents fall in the $746 (20th percentile) to $1,338 (80th percentile) range. The residential vacancy rate is 4%.
This property falls in percentile 99 of all properties in this area. This corresponds to a rent of $2,691 per month and a monthly household income of $9,195 ($110,340 per year)