2211 Highway 98 E, Carrabelle
Franklin County Real Estate - Lanark Village
Lanark Village is in North West Florida. Lanark Village is approximately 43 miles from Tallahassee (population 181,376) and around 67 miles from Panama City (population 36,484).
Lanark Village links:
Links
Franklin County
Franklin County is located in northwest Florida, along with Bay, Santa Rosa, Escambia, Walton, Holmes, Jackson, Washington, Okaloosa, Calhoun, Liberty, Gulf, Gadsden, Leon, Jefferson, and Wakulla counties. One of Franklin County's largest industries is seafood, supplying for than 90% of Florida's Oysters and 10% of the nations. Commercial timber and tourism are also large industries. Franklin County beaches have been ranked some of the most beautiful in the world.
Top private sector employers for Franklin County are Weems Memorial Hospital, Leavins Seafood, and Greensteel Homes. Major public sector employers are Franklin County and Florida Department of Corrections. Cities, towns, and islands in Franklin County include Apalachicola (county seat), Carrabelle, Cape St. George Island, Dog Island, and St. Vincent.
Neighboring Properties
Address | Type | Sq Ft | Class | |
---|---|---|---|---|
106 Connecticut Street | Mobile Home | 1,251 | B |
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P.O. Box 1404 | Mobile Home | 520 | B |
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Swaggerty | Mobile Home | 0 | L | |
111 Connecticut St | Mobile Home | 1,419 | C |
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118 Connecticut St | Mobile Home | 812 | B |
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131 Connecticut Street | Mobile Home | 787 | B |
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Po Box 584 | Mobile Home | 1,187 | B |
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131 Connecticut | Mobile Home | 576 | B |
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Local Household Income
The median household income in this part of Florida is $51,243. The bottom 10% of the population earn less than $14,764 per year. The top 10% earn more than $116,481 per year. The top 1% earn more than $304,147 per year. Most renters earn between $17,940 (20th percentile) and $34,860 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $102,486 and $128,108.
The tax assessed value of this property places it in percentile 56 of all properties in this area. This suggests it would appeal to someone earning around $58,133 per year who should qualify for a mortgage between $116,266 and $145,333.
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 $743. Most renters earn between $1,495 and $2,905 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $456 (20th percentile) to $1,002 (80th percentile) range. The residential vacancy rate is 10%.
This property falls in percentile 56 of all properties in this area. This corresponds to a rent of $792 per month and a monthly household income of $2,333 ($27,996 per year)
Nearby Companies
102 Carolina St
127 Colorado St
12805 Hwy 98 East