9261 Blountstown Hwy, Tallahassee
Midway is in North West Florida. It's population as recorded in the 2010 Census was 1,705. Midway is approximately 11 miles from Tallahassee (population 181,376) and around 10 miles from Quincy (population 7,972).
The median age for residents of Midway is 37.9. Around 35.7% of Midway households include school aged children and 29.9% of households include individuals aged 65 years or over. Census records indicate 10.3% of the Midway population are White, 84.8% are Black or African American, .1% American Indian, .7% Asian and 2.1% are Two or more Races.
There are 710 housing units in Midway. 92 (12.9%) of these were reported as vacant in the 2010 Census. There are 222 residential rental units in Midway. 184 of them were occupied in 2010 providing a residential rental vacancy rate of 16.2%.
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Gadsden County
Gadsden County is located in northwest Florida, along with Bay, Santa Rosa, Escambia, Walton, Holmes, Jackson, Washington, Okaloosa, Calhoun, Liberty, Gulf, Franklin, Leon, Jefferson, and Wakulla counties. Gadsden County is Florida's only predominantly African-American county. It has a population over 45,000. Top industries are education, health & social services; public administration; and retail trade.
Gadsden County's major private employers are Coastal Plywood Company, Talquin Electric Cooperative, T Formation, TeligentEMS, and Super-Valu. Top public employers include Florida State Hospital School, Department of Children, University of Florida, Gadsden County Supervisors Office, and Florida Department of Corrections- Quincy. Cities and towns in Gadsden County include Chattahoochee, Greensboro, Gretna, Havana, Midway, River Junction, and Quincy.
Gadsden?s claim to fame is its "Coke millionaires". Quincy banker Pat Monroe invested in the company when it offered shares to the public for the first time in 1919. He encouraged others to do the same. It is not known just how many Gadsden County residents own shares in Coca-Cola, but a local rumor suggested that the company sent a representative to collect shareholder votes.
Neighboring Properties
Address | Type | Sq Ft | Class | |
---|---|---|---|---|
9249 Blountstown Hwy | Single Family | 1,317 | C | |
9274 Blountstown Hwy | Mobile Home | 1,424 | C | |
9225 Blountstown Hwy | Single Family | 1,940 | B | |
9191 Blountstown Hwy | Single Family | 1,190 | B | |
9299 Blountstown Hwy | Single Family | 2,989 | L | |
9299 Blountstown Hwy | Mobile Home | 2,989 | L | |
8496 Belk Dr | Mobile Home | 1,241 | C | |
9163 Blountstown Hwy | Mobile Home | 1,821 | C | |
9159 Blountstown Hwy | Single Family | 921 | C |
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 79 of all properties in this area. This suggests it would appeal to someone earning around $112,402 per year who should qualify for a mortgage between $224,804 and $281,005.
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 79 of all properties in this area. This corresponds to a rent of $1,205 per month and a monthly household income of $4,163 ($49,956 per year)