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Local Household Income

The median household income in this part of Florida is $56,444. The bottom 10% of the population earn less than $16,148 per year. The top 10% earn more than $152,725 per year. The top 1% earn more than $567,336 per year. Most renters earn between $31,320 (20th percentile) and $47,760 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $112,888 and $141,110.

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 $122,617 per year who should qualify for a mortgage between $245,234 and $306,543.

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 $1,163. Most renters earn between $2,610 and $3,980 per month. They typically spend 38% of their monthly income on rent. Most rents fall in the $872 (20th percentile) to $1,476 (80th percentile) range. The residential vacancy rate is 11%.

This property falls in percentile 84 of all properties in this area. This corresponds to a rent of $1,550 per month and a monthly household income of $4,285 ($51,420 per year)

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