4240 Timber Ln, Kissimmee
Osceola County Real Estate - Saint Cloud
Saint Cloud is in East Central Florida. It's population as recorded in the 2010 Census was 35,183. Saint Cloud is approximately 21 miles from Orlando (population 238,300) and around 8 miles from Kissimmee (population 59,682).
The median age for residents of Saint Cloud is 36.8. Around 39.9% of Saint Cloud households include school aged children and 25.9% of households include individuals aged 65 years or over. Census records indicate 82.4% of the Saint Cloud population are White, 5.8% are Black or African American, .3% American Indian, 1.7% Asian and 3.4% are Two or more Races. Saint Cloud has a significant Hispanic population. 29.2% (10,280) of Saint Cloud residents are of Hispanic or Latino origin. Of these 6.52% are of Mexican origin, 63.94% Puerto Rican, 5.21% Cuban and 24.3% are of other Hispanic or Latino origin.
There are 14,544 housing units in Saint Cloud. 1,979 (13.6%) of these were reported as vacant in the 2010 Census. There are 4,117 residential rental units in Saint Cloud. 3,671 of them were occupied in 2010 providing a residential rental vacancy rate of 10.5%.
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Osceola County
Osceola County is located in East Central Florida, along with Brevard, Orange, Volusia, Sumter, Seminole, and Lake counties. Osceola County has the following incorporated areas/cities: Buenaventura Lakes, Celebration, Poinciana, Campbell, Kissimmee, Saint Cloud, Poinciana Place, and Yeehaw Junction. The county has a population well in excess of a quarter of a million.
Osceola County's close proximity to Disney World makes tourism a major industry. Other industries in the area are arts, entertainment, recreation, accommodation and food services; retail trade; and educational, health, and social services. Major private sector employers are Walt Disney Company, Wal-Mart, Florida Hospital Kissimmee & Celebration, Osceola Regional Medical Center, and Gaylord Palms Resort & Convention Center. Osceola County's largest public sector employers are Osceola School District and Osceola County Government.
The cost of living index in Osceola County in 2012 was 87.1, significantly less than the US average of 100.
Historically a transportation hub and center of agriculture and cattle ranching, modern Kissimmee?s economy is focused on tourism. The city?s proximity to the Walt Disney World Resort makes it a perfect spot for tourists to stay when visiting the theme park.
Kissimmee?s population is 25% Hispanic.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 4220 Timber Ln | Mobile Home | 880 | B |
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Local Household Income
The median household income in this part of Florida is $52,090. The bottom 10% of the population earn less than $17,128 per year. The top 10% earn more than $122,986 per year. The top 1% earn more than $400,730 per year. Most renters earn between $27,372 (20th percentile) and $48,336 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $104,180 and $130,225.
The tax assessed value of this property places it in percentile 96 of all properties in this area. This suggests it would appeal to someone earning around $176,388 per year who should qualify for a mortgage between $352,776 and $440,970.
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 $1,028. Most renters earn between $2,281 and $4,028 per month. They typically spend 36% of their monthly income on rent. Most rents fall in the $797 (20th percentile) to $1,380 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 96 of all properties in this area. This corresponds to a rent of $1,867 per month and a monthly household income of $5,318 ($63,816 per year)