Leon County Real Estate - Tallahassee

Tallahassee

Tallahassee is the seventh most populous city in Florida and serves as the state's capital. Tallahassee is located in Leon County. Much of Tallahassee's economy revolves around the city's numerous colleges and universities, including Florida State University and Florida A&M University. Trade and agriculture are also central to Tallahassee's economy. Tallahassee is a regional center for scientific research. The largest and highest powered magnet research laboratory in the world, National High Magnetic Field Laboratory, is located in Tallahassee. Top employers for Tallahassee are State of Florida, Florida State University, Leon County Schools, Tallahassee Memorial Healthcare, and City of Tallahassee.

Tallahassee is in North West Florida. It's population as recorded in the 2010 Census was 181,376.

The median age for residents of Tallahassee is 26.1. Around 23.5% of Tallahassee households include school aged children and 15% of households include individuals aged 65 years or over. Census records indicate 57.4% of the Tallahassee population are White, 34.9% are Black or African American, .2% American Indian, 3.6% Asian and 2.3% are Two or more Races.

There are 84,248 housing units in Tallahassee. 9,433 (11.1%) of these were reported as vacant in the 2010 Census. There are 49,757 residential rental units in Tallahassee. 43,829 of them were occupied in 2010 providing a residential rental vacancy rate of 11.6%.

Tallahassee links:

Leon County

Leon County is part of the northwest region of Florida, along with Bay, Santa Rosa, Escambia, Walton, Holmes, Jackson, Washington, Okaloosa, Calhoun, Liberty, Gulf, Franklin, Gadsden, Jefferson, and Wakulla counties. Main industries for this area include advanced manufacturing, aviation, aerospace, defense, health sciences, renewable energy, and transportation. Florida's capital, Tallahassee, is a part of Leon County, and also acts as the county seat. The county has over 275,000 inhabitants.

Two of Florida's main Universities, Florida State University and Florida A&M University, are also a part of Leon County. As a result, Leon County has the highest average level of education among Florida's 67 counties. Leon County's regional economy remained stable throughout the recession as a result of a significant public sector presence. The unemployment rate has decreased and is below the state average at 8.1%. The housing market has not been as negatively affected in this county as in the rest of the state; the tax base loss is moderate and foreclosure rates equal the national average. The largest private sector employers are Tallahassee Memorial healthcare, Publix Supermarkets, Walmart, Capital Regional Medical Center, and ACS. Top public employers are the State of Florida, Florida State University, Leon County Schools, City of Tallahassee, and Florida A&M University.

Much of the economy is driven by the state government, especially the two universities. Both are major research universities; Florida State attracts over $200 million annually, while FAMU brings in at least $30 million each year. FSU operates the National High Magnetic Lab, the world?s most powerful and largest magnetic laboratory. In addition to offering numerous degree programs at all levels, both universities also run law and medical schools. FSU and FAMU are located in Tallahassee.

Tallahassee Regional Airport handles commercial and general aviation. Around 400,000 people make use of its facilities each year. The airport is responsible for an economic impact around $350 million annually and sustains about 4,000 careers.

Neighboring Properties

AddressTypeSq FtClass 
5569 Hampton Hill Cir Single Family 1,852 B
5457 Hampton Hill Cir Single Family 1,604 B
5573 Hampton Hill Cir Single Family 2,118 B
5562 Hampton Hill Cir Single Family 1,680 B
5560 Hampton Hill Cir Single Family 1,928 B
5564 Hampton Hill Cir Single Family 1,780 B
5455 Hampton Hill Cir Single Family 1,584 B
5579 Hampton Hill Cir Single Family 2,000 B
5568 Hampton Hill Cir Single Family 1,852 B
5453 Hampton Hill Cir Single Family 1,656 B
5566 Hampton Hill Cir Single Family 2,000 B
5570 Hampton Hill Cir Single Family 1,672 B
5456 Hampton Hill Cir Single Family 1,542 B
5581 Hampton Hill Cir Single Family 1,836 B
5515 Apalachee Pkwy Undefined - Reserved for Use by Department of Revenue 0 L
5572 Hampton Hill Cir Single Family 2,090 B
5454 Hampton Hill Cir Single Family 1,598 B
5451 Hampton Hill Cir Single Family 1,566 B
5522 Hampton Oak Pl Single Family 1,348 B
5533 Hampton Woods Way Single Family 1,630 B
5535 Hampton Woods Way Single Family 1,760 B
5520 Hampton Oak Pl Single Family 1,348 B
5583 Hampton Hill Cir Single Family 1,666 B
5531 Hampton Woods Way Single Family 1,926 B
5452 Hampton Hill Cir Single Family 1,559 B
5537 Hampton Woods Way Single Family 2,131 B
5574 Hampton Hill Cir Single Family 2,000 B
5518 Hampton Oak Pl Single Family 1,348 B
5449 Hampton Hill Cir Single Family 1,615 B
5450 Hampton Hill Cir Single Family 1,615 B
5539 Hampton Woods Way Single Family 1,944 B
5585 Hampton Hill Cir Single Family 2,000 B
5527 Hampton Woods Way Single Family 1,598 B
5576 Hampton Hill Cir Single Family 1,680 B
5447 Hampton Hill Cir Single Family 1,559 B
5525 Hampton Woods Way Single Family 1,542 B
5516 Hampton Oak Pl Single Family 1,354 B
5448 Hampton Hill Cir Single Family 1,542 B
5578 Hampton Hill Cir Single Family 2,115 B
5580 Hampton Hill Cir Single Family 2,000 B
5523 Hampton Woods Way Single Family 1,615 B
5582 Hampton Hill Cir Single Family 1,852 B
5445 Hampton Hill Cir Single Family 1,615 B
5446 Hampton Hill Cir Single Family 1,598 B
5521 Hampton Woods Way Single Family 1,559 B
5514 Hampton Oak Pl Single Family 1,296 B
5584 Hampton Hill Cir Single Family 1,680 B
5543 Hampton Woods Way Single Family 1,852 B
5444 Hampton Hill Cir Single Family 1,559 B

Local Household Income

The median household income in this part of Florida is $63,475. The bottom 10% of the population earn less than $18,639 per year. The top 10% earn more than $153,050 per year. The top 1% earn more than $440,122 per year. Most renters earn between $25,284 (20th percentile) and $50,892 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $126,950 and $158,688.

The tax assessed value of this property places it in percentile 72 of all properties in this area. This suggests it would appeal to someone earning around $97,732 per year who should qualify for a mortgage between $195,464 and $244,330.

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 $830. Most renters earn between $2,107 and $4,241 per month. They typically spend 31% of their monthly income on rent. Most rents fall in the $543 (20th percentile) to $1,223 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 72 of all properties in this area. This corresponds to a rent of $1,107 per month and a monthly household income of $3,905 ($46,860 per year)

Nearby Companies

2k Consulting, LLC
5579 Hampton Hill Cir
Utopia Transport LLC
5511 Hampton Woods Way
Speakers Advantage Consulting, LLC
5520 Hampton Woods Way
Disclaimers and Disclosures

Public Records Data

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