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Local Household Income

The median household income in this part of Florida is $74,659. The bottom 10% of the population earn less than $24,097 per year. The top 10% earn more than $206,238 per year. The top 1% earn more than $568,784 per year. Most renters earn between $35,028 (20th percentile) and $60,552 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $149,318 and $186,648.

The tax assessed value of this property places it in percentile 3 of all properties in this area. This suggests it would appeal to someone earning around $11,397 per year who should qualify for a mortgage between $22,794 and $28,493.

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 $1,118. Most renters earn between $2,919 and $5,046 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $888 (20th percentile) to $1,531 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 3 of all properties in this area. This corresponds to a rent of $575 per month and a monthly household income of $1,985 ($23,820 per year)

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