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Local Household Income

The median household income in this part of Florida is $67,505. The bottom 10% of the population earn less than $21,763 per year. The top 10% earn more than $196,896 per year. The top 1% earn more than $687,450 per year. Most renters earn between $37,044 (20th percentile) and $63,912 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $135,010 and $168,763.

The tax assessed value of this property places it in percentile 63 of all properties in this area. This suggests it would appeal to someone earning around $87,532 per year who should qualify for a mortgage between $175,064 and $218,830.

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 $1,237. Most renters earn between $3,087 and $5,326 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $977 (20th percentile) to $1,647 (80th percentile) range. The residential vacancy rate is 8%.

This property falls in percentile 63 of all properties in this area. This corresponds to a rent of $1,363 per month and a monthly household income of $4,461 ($53,532 per year)

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