11808 Meadow Branch Dr Unit 1122, Un-Incorporated
Seminole County Real Estate - Goldenrod
Goldenrod is in East Central Florida. It's population as recorded in the 2010 Census was 12,039. Goldenrod is approximately 7 miles from Orlando (population 238,300) and around 20 miles from Deltona (population 85,182).
The median age for residents of Goldenrod is 32.8. Around 25.3% of Goldenrod households include school aged children and 20.2% of households include individuals aged 65 years or over. Census records indicate 77.5% of the Goldenrod population are White, 9.1% are Black or African American, .3% American Indian, 3% Asian and 3.3% are Two or more Races. Goldenrod has a significant Hispanic population. 22.1% (2,671) of Goldenrod residents are of Hispanic or Latino origin. Of these 12.69% are of Mexican origin, 52.45% Puerto Rican, 7.56% Cuban and 27.29% are of other Hispanic or Latino origin.
There are 5,670 housing units in Goldenrod. 461 (8.1%) of these were reported as vacant in the 2010 Census. There are 2,954 residential rental units in Goldenrod. 2,642 of them were occupied in 2010 providing a residential rental vacancy rate of 10.4%.
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Seminole County
Seminole County is located in the East Central Florida region, along with Brevard, Orange, Volusia, Sumter, Lake, and Osceola County. Cities in Seminole County include Altamonte Springs, Casselberry, Lake Mary, Longwood, Oviedo, Sanford, and Winter Springs. Seminole County?s population is over 420,000 despite being one of the geographically smallest counties in Florida.
Seminole County's major industries include agri-technology, aviation & aerospace, clean technology, and information technology. Top public sector employers in Seminole County are Seminole County Public Schools, Seminole State College of Florida, Seminole County Government, and Seminole County Sheriff Department. The largest private sector employers are Convergys, Florida Hospital, Chase Bankcard Services, Orlando Regional Healthcare, and American Automobile Association.
Known as the Historic Waterfront Gateway City because of its location at the confluence of Lake Monroe and the St. Johns River, Sanford is the seat of Seminole County. Historically a transportation hub for the production of nearby agriculture, Sanford was once known as "Celery City". Home to over 50,000, the city's economy is driven by the service industries and construction. The city's waterfront marinas are still home to commercial craft, but they also host plenty of recreational boats.
AAA (American Automobile Association) is headquartered in the unincorporated Seminole County community of Heathrow.
Neighboring Properties
Local Household Income
The median household income in this part of Florida is $64,858. The bottom 10% of the population earn less than $21,057 per year. The top 10% earn more than $146,103 per year. The top 1% earn more than $401,807 per year. Most renters earn between $33,468 (20th percentile) and $55,344 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $129,716 and $162,145.
The tax assessed value of this property places it in percentile 34 of all properties in this area. This suggests it would appeal to someone earning around $46,824 per year who should qualify for a mortgage between $93,648 and $117,060.
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 $1,092. Most renters earn between $2,789 and $4,612 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $877 (20th percentile) to $1,461 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 34 of all properties in this area. This corresponds to a rent of $981 per month and a monthly household income of $3,112 ($37,344 per year)
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