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Local Household Income

The median household income in this part of Florida is $84,666. The bottom 10% of the population earn less than $25,890 per year. The top 10% earn more than $201,431 per year. The top 1% earn more than $564,745 per year. Most renters earn between $37,260 (20th percentile) and $67,668 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $169,332 and $211,665.

The tax assessed value of this property places it in percentile 84 of all properties in this area. This suggests it would appeal to someone earning around $168,738 per year who should qualify for a mortgage between $337,476 and $421,845.

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 $1,411. Most renters earn between $3,105 and $5,639 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $1,044 (20th percentile) to $1,889 (80th percentile) range. The residential vacancy rate is 6%.

This property falls in percentile 84 of all properties in this area. This corresponds to a rent of $2,030 per month and a monthly household income of $5,906 ($70,872 per year)

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