1142 Sunset Point Rd 2, Clearwater
Pinellas County Real Estate - Clearwater
Clearwater is in the Tampa Bay region of Florida. Clearwater is approximately 21 miles from Tampa (population 335,709) and around 16 miles from Saint Petersburg (population 244,769).
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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
Local Household Income
The median household income in this part of Florida is $61,901. The bottom 10% of the population earn less than $18,487 per year. The top 10% earn more than $183,454 per year. The top 1% earn more than $623,276 per year. Most renters earn between $28,452 (20th percentile) and $54,276 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $123,802 and $154,753.
The tax assessed value of this property places it in percentile 1 of all properties in this area. This suggests it would appeal to someone earning around $0 per year who should qualify for a mortgage between $0 and $0.
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 $943. Most renters earn between $2,371 and $4,523 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $709 (20th percentile) to $1,369 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 1 of all properties in this area. This corresponds to a rent of $215 per month and a monthly household income of $1,058 ($12,696 per year)
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