20701 Dickerson Rd, Fountain
Bay County Real Estate - Fountain
Fountain is an unincorporated community in Bay County. Fountain acts as a microcosm of North Florida as a whole, in that it feels more like the south than the stereotypical Florida image of palm trees and beaches. There are lots of tall trees and most of the buildings are small homes or trailers. There is a main road that runs through the middle of the community with dirt roads that lead off to the residential areas. There are also many small Christian churches that scatter the area.
Fountain is in North West Florida. Fountain is approximately 26 miles from Panama City (population 36,484) and around 21 miles from Lynn Haven (population 18,493).
Fountain links:
Links
Bay County
Bay County is part of the Northwest Florida region, along with Santa Rosa, Escambia, Walton, Holmes, Jackson, Washington, Okaloosa, Calhoun, Liberty, Gulf, Franklin, Gadsden, Leon, Jefferson, and Wakulla counties. The largest industries by employment for Bay County are educational, health and social services; retail trade, and arts, entertainment, recreation, accommodation and food services. Bay County's white sand beaches and clear blue waters attract many visitors year round.
Top private sector employers in Bay County are Bay Medical center, Wal-Mart, Eastern Ship Building, Gulf Coast Medical Center, and Smurfit- Stone Container Corporation. Major public sector employers are Tyndall Air Force Base, Naval Support, Bay District schools, Gulf Coast State College, City of Panama City, Bay County Board, and Bay County Sheriff. Cities and towns in Bay County include Callaway, Lynn Haven, Mexico Beach, Panama City (county seat), Panama City Beach, Parker, and Springfield.
Neighboring Properties
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Local Household Income
The median household income in this part of Florida is $57,128. The bottom 10% of the population earn less than $18,447 per year. The top 10% earn more than $136,019 per year. The top 1% earn more than $426,588 per year. Most renters earn between $29,172 (20th percentile) and $54,264 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $114,256 and $142,820.
The tax assessed value of this property places it in percentile 19 of all properties in this area. This suggests it would appeal to someone earning around $26,913 per year who should qualify for a mortgage between $53,826 and $67,283.
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 $937. Most renters earn between $2,431 and $4,522 per month. They typically spend 31% of their monthly income on rent. Most rents fall in the $665 (20th percentile) to $1,275 (80th percentile) range. The residential vacancy rate is 18%.
This property falls in percentile 19 of all properties in this area. This corresponds to a rent of $654 per month and a monthly household income of $2,398 ($28,776 per year)