5076 40th St S, St Petersburg
Pinellas County Real Estate - Saint Petersburg
St. Petersburg is the fourth most populous city in Florida and located in Pinellas County. St. Petersburg has, on average, 361 days of sunshine a year, making it an attractive destination for retirees. However, the city has gradually attracted younger residents as well. The core of St. Petersburg's economy is fueled by tourism, contributing $2 billion in direct revenue annually. Other growth industries are financial services, manufacturing, medical technologies, information technology, and marine sciences. The largest employers for St. Petersburg are All Children's Hospital, Raymond James, Bayfront Medical Center, Home Shopping Network, and Fidelity National Information services. St. Petersburg has the highest rate of violent crime in Florida.
Saint Petersburg is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 244,769.
The median age for residents of Saint Petersburg is 41.6. Around 24.8% of Saint Petersburg households include school aged children and 25.9% of households include individuals aged 65 years or over. Census records indicate 68.6% of the Saint Petersburg population are White, 23.9% are Black or African American, .2% American Indian, 3.1% Asian and 2.4% are Two or more Races.
There are 129,401 housing units in Saint Petersburg. 20,586 (15.9%) of these were reported as vacant in the 2010 Census. Saint Petersburg is a tourist destination, 25.9% (5,336) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 49,536 residential rental units in Saint Petersburg. 42,797 of them were occupied in 2010 providing a residential rental vacancy rate of 13.1%.
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Pinellas County
Pinellas County is part of the Tampa Bay region of Florida, along with Citrus, Hernando, Pasco, Hillsborough, Polk, Manatee, and Sarasota counties. The county lies on a peninsula across Tampa Bay from Hillsborough County and the city of Tampa. Pinellas counts over 900,000 people in its population. There are 24 incorporated municipalities in Pinellas County.
Pinellas County's largest industries are tourism, retail and wholesale trade, and finance, insurance and real estate. Major private sector employers include Home Shopping Network, Fidelity Information Services, Nielson Media Research, Raymond James Financial, and Tech Data Corp. Public employers are Pinellas County School District, Pinellas County Government, City of St. Petersburg, and Pinellas County Sheriff's Office.
Around 5 million people visit Pinellas County annually. Pinellas County's main tourist attraction is its beaches along the gulf coast. Pinellas County also attracts a lot of retirees, with one in five of its residents over the age of sixty five.
Unlike many counties, the largest city is not the county seat. Home to around a quarter of a million people, St. Petersburg is the fifth-largest city in Florida and headquarters for Home Shopping Network, Jabil Circuit, and Raymond James Financial. The county seat is Clearwater, which has a population around 100,000. Clearwater is home to Fortune 500 company Tech Data.
The city of Tarpon Springs was largely settled by Greeks and is currently the city most heavily populated by people of Greek ancestry in the U.S. Tarpon Springs is a major center of sponging. Though economic activity revolves around a variety of aquaculture harvesting, including fishing and shrimping, sponge diving and its legacy are what the city is known for.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 5094 40th St S | Single Family | 1,662 | B |
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| 5052 40th St S | Single Family | 1,803 | B |
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| 5051 39th St S | Single Family | 1,588 | B |
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| 5059 39th St S | Single Family | 1,667 | B |
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| 5049 40th St S | Single Family | 2,667 | B |
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| 5100 40th St S | Single Family | 2,041 | B |
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| 5091 40th St S | Single Family | 2,431 | B |
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| 5026 40th St S | Single Family | 1,644 | B |
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| 5033 40th St S | Single Family | 1,976 | B |
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| 5097 40th St S | Single Family | 1,895 | B |
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| 5065 39th St S | Single Family | 2,535 | B |
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| 5017 40th St S | Single Family | 1,999 | B |
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| 5122 40th St S | Single Family | 1,716 | B |
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| 3960 50th Ave S | Single Family | 1,897 | B |
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| 5048 41st St S | Single Family | 1,590 | B |
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| 5101 40th St S | Single Family | 1,661 | B |
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| 5032 41st St S | Single Family | 2,156 | B |
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| 5096 41st St S | Single Family | 2,546 | B |
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| 3900 50th Ave S | Single Family | 2,021 | B |
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| 5080 41st St S | Single Family | 2,428 | B |
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| 5060 39th St S | Single Family | 1,632 | B |
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| 5100 41st St S | Single Family | 2,702 | B |
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| 5001 40th St S | Single Family | 2,066 | B |
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| 5030 39th St S | Single Family | 2,568 | B |
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| 5016 41st St S | Single Family | 1,808 | B |
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| 5095 39th St S | Single Family | 2,736 | B |
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| 5090 39th St S | Single Family | 2,128 | B |
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| 5144 40th St S | Single Family | 1,953 | B |
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| 5135 40th St S | Single Family | 1,895 | B |
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| 5126 41st St S | Single Family | 2,141 | B |
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| 3896 50th Ave S | Single Family | 1,994 | B |
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| 4046 50th Ave S | Single Family | 1,731 | B |
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| 5100 39th St S | Single Family | 2,008 | B |
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| 5150 41st St S | Single Family | 1,495 | B |
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| 3880 50th Ave S | Single Family | 1,996 | B |
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| 5153 40th St S | Single Family | 2,066 | B |
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| 5166 40th St S | Single Family | 2,131 | B |
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| 5097 39th St S | Single Family | 2,664 | B |
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| 5045 41st St S | Single Family | 2,283 | B |
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| 5031 41st St S | Single Family | 2,965 | B |
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| 3991 50th Ave S | Single Family | 2,013 | B |
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| 3901 50th Ave S | Single Family | 2,225 | B |
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| 5095 41st St S | Single Family | 1,668 | B |
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| 3892 50th Ave S | Single Family | 2,206 | B |
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| 3872 50th Ave S | Single Family | 2,950 | B |
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| 5083 41st St S | Single Family | 1,914 | B |
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| 5061 41st St S | Single Family | 1,787 | B |
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| 5017 41st St S | Single Family | 1,708 | B |
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| 4001 50th Ave S | Single Family | 2,249 | B |
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Local Household Income
The median household income in this part of Florida is $61,493. The bottom 10% of the population earn less than $19,043 per year. The top 10% earn more than $162,920 per year. The top 1% earn more than $524,947 per year. Most renters earn between $28,608 (20th percentile) and $52,212 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $122,986 and $153,733.
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 $79,359 per year who should qualify for a mortgage between $158,718 and $198,398.
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 $930. Most renters earn between $2,384 and $4,351 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $666 (20th percentile) to $1,297 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 63 of all properties in this area. This corresponds to a rent of $1,075 per month and a monthly household income of $3,626 ($43,512 per year)
Nearby Companies
5090 39th St S
5001 41st Street South
5061 41st Street S
5126 41st Street South
5122 40th Street South