5032 Basswood Rd, Bascom
Jackson County Real Estate - Bascom
Bascom is in North West Florida. It's population as recorded in the 2010 Census was 121. Bascom is approximately 60 miles from Tallahassee (population 181,376) and around 62 miles from Panama City (population 36,484).
The median age for residents of Bascom is 36.9. Around 35.4% of Bascom households include school aged children and 35.4% of households include individuals aged 65 years or over. Census records indicate 86.7% of the Bascom population are White, 9.9% are Black or African American, 0% American Indian, 0% Asian and 0% are Two or more Races.
There are 56 housing units in Bascom. 8 (14.2%) of these were reported as vacant in the 2010 Census. There are 9 residential rental units in Bascom. 9 of them were occupied in 2010 providing a residential rental vacancy rate of 0%.
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Jackson County
Jackson County is part of the Northwest Florida region, along with Bay, Santa Rosa, Escambia, Walton, Holmes, Washington, Okaloosa, Calhoun, Liberty, Gulf, Franklin, Gadsden, Leon, Jefferson, and Wakulla counties. Top industries for Jackson County include government, trade & transportation, education and health services, and agriculture & natural resources.
Jackson County is Florida's top producer of soybeans and peanuts and contains a large distribution center. Major private sector employers for Jackson County are Family Dollar Distribution Center, Wal-Mart, Rex Lumber Company, Anderson Columbia, Inc, and Mowery Elevator Company, Inc. The largest public sector employers are Florida Department of Corrections?Sneads, Bureau of prisons, Florida Department of Corrections ?Malone, Jackson County, and City of Marianna. Cities and towns in Jackson County include Alford, Bascom, Campbellton, Cottondale, Graceville, Grand Ridge, Greenwood, Jacob City, Malone, Marianna (county seat), and Sneads.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 5035 Basswood Rd | Single Family | 1,916 | B |
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| 5024 Basswood Rd | Single Family | 2,862 | B |
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| 5025 Basswood Rd | Single Family | 1,229 | B |
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| 5044 Basswood Rd | Mobile Home | 980 | B |
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| 5021 Basswood Rd | Single Family | 2,422 | B |
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| 5041 Basswood Rd | Single Family | 1,993 | B |
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Local Household Income
The median household income in this part of Florida is $50,843. The bottom 10% of the population earn less than $15,071 per year. The top 10% earn more than $118,419 per year. The top 1% earn more than $409,192 per year. Most renters earn between $20,136 (20th percentile) and $39,888 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $101,686 and $127,108.
The tax assessed value of this property places it in percentile 22 of all properties in this area. This suggests it would appeal to someone earning around $24,467 per year who should qualify for a mortgage between $48,934 and $61,168.
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 $744. Most renters earn between $1,678 and $3,324 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $486 (20th percentile) to $1,034 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 22 of all properties in this area. This corresponds to a rent of $506 per month and a monthly household income of $1,766 ($21,192 per year)
Nearby Companies
5024 Basswood Rd