Polk County Real Estate - Loughman

Loughman is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 2,680. Loughman is approximately 23 miles from Orlando (population 238,300) and around 27 miles from Lakeland (population 97,422).

The median age for residents of Loughman is 34.2. Around 35.7% of Loughman households include school aged children and 19.7% of households include individuals aged 65 years or over. Census records indicate 77.2% of the Loughman population are White, 9.6% are Black or African American, .8% American Indian, 2.4% Asian and 2.7% are Two or more Races. Loughman has a significant Hispanic population. 27.3% (733) of Loughman residents are of Hispanic or Latino origin. Of these 11.73% are of Mexican origin, 59.61% Puerto Rican, 6.54% Cuban and 22.1% are of other Hispanic or Latino origin.

There are 2,019 housing units in Loughman. 1,014 (50.2%) of these were reported as vacant in the 2010 Census. Loughman is a tourist destination, 40.1% (407) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 1,018 residential rental units in Loughman. 546 of them were occupied in 2010 providing a residential rental vacancy rate of 45.4%.

Loughman links:

Polk County

Polk County is part of the Tampa Bay region of Florida along with Citrus, Hernando, Pasco, Pinellas, Hillsborough, Manatee, and Sarasota counties. It is located inland, to the east of Hillsborough County and Tampa. The county is the geographic center of Florida?s population. Polk County is between the two large metropolitan areas of Tampa and Orlando, which accounts for its rapid population growth rate. Despite the positive growth, unemployment rates are historically lower in Polk County than anywhere else in the state. It has a population in excess of 600,000 and 17 incorporated municipalities.

Polk County's economy revolves around the industries of phosphate mining, agriculture, and tourism. Major private sector employers are Publix Supermarkets, Wal-Mart, Lakeland Regional Medical Center, Winter Haven Hospital, and GEICO. The largest public sector employers are Polk County School Board, Polk County Government, Florida State Government, and City of Lakeland. Though the economy depends less on tourism than in other parts of the state, the building of LEGOLAND Florida in Winter Haven has increased tourism and boosted the economy.

Of all Florida counties, Polk has the 2nd most farmland in the state. Like other areas in the central part of the state, Polk has numerous citrus groves.

A mining and railroad town, Lakeland has steadily grown since its 1885 incorporation. Home to around 100,000 people, Lakeland is the headquarters for Saddle Creek Logistics and Fortune 500 supermarket chain Publix. Lakeland also hosts Florida Polytechnic University, Southeastern University, Florida Southern College, and campuses of Polk State College and Webster University.

Neighboring Properties

AddressTypeSq FtClass 
1524 Still Dr Single Family 1,494 B
1520 Still Dr Single Family 1,503 B
1526 Still Dr Single Family 1,503 B
1530 Still Dr Single Family 1,503 B
1532 Still Dr Single Family 1,494 B
1534 Still Dr Single Family 1,494 B
1536 Still Dr Single Family 1,503 B
1521 Still Dr Single Family 0 B
1519 Still Dr Single Family 0 B
1523 Still Dr Single Family 0 B
1509 Still Dr Single Family 0 B
1511 Still Dr Single Family 0 B
1507 Still Dr Single Family 0 B
1525 Still Dr Single Family 0 B
1513 Still Dr Single Family 0 B
1542 Still Dr Single Family 1,503 B
17419 Serenidad Blvd Single Family 0 B
1529 Still Dr Single Family 1,503 B
1531 Still Dr Single Family 1,494 B
1544 Still Dr Single Family 1,494 B
17417 Serenidad Blvd Single Family 0 B
1533 Still Dr Single Family 1,494 B
1535 Still Dr Single Family 1,503 B
1546 Still Dr Single Family 1,494 B
17415 Serenidad Blvd Single Family 0 B
1548 Still Dr Single Family 1,503 B
17413 Serenidad Blvd Single Family 0 B
1541 Still Dr Single Family 1,503 B
1543 Still Dr Single Family 1,494 B
1545 Still Dr Single Family 1,494 B
17407 Serenidad Blvd Single Family 0 B
1547 Still Dr Single Family 1,503 B
17405 Serenidad Blvd Single Family 0 B
17403 Serenidad Blvd Single Family 0 B
17506 Placidity Ave Single Family 0 B
17504 Placidity Ave Single Family 0 B
17508 Placidity Ave Single Family 0 B
17510 Placidity Ave Single Family 0 B
17442 Placidity Ave Single Family 0 B
17401 Serenidad Blvd Single Family 0 B
17440 Placidity Ave Single Family 0 B
17516 Placidity Ave Single Family 0 B
17438 Placidity Ave Single Family 0 B
17518 Placidity Ave Single Family 0 B
17436 Placidity Ave Single Family 0 B
17520 Placidity Ave Single Family 0 B
17522 Placidity Ave Single Family 0 B
17430 Placidity Ave Single Family 0 B
1510 Tranquil Ave Single Family 0 B

Local Household Income

The median household income in this part of Florida is $59,480. The bottom 10% of the population earn less than $23,412 per year. The top 10% earn more than $133,921 per year. The top 1% earn more than $386,477 per year. Most renters earn between $26,916 (20th percentile) and $46,824 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $118,960 and $148,700.

The tax assessed value of this property places it in percentile 31 of all properties in this area. This suggests it would appeal to someone earning around $42,184 per year who should qualify for a mortgage between $84,368 and $105,460.

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 $1,014. Most renters earn between $2,243 and $3,902 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $752 (20th percentile) to $1,392 (80th percentile) range. The residential vacancy rate is 12%.

This property falls in percentile 31 of all properties in this area. This corresponds to a rent of $868 per month and a monthly household income of $2,531 ($30,372 per year)

Disclaimers and Disclosures

Public Records Data

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