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Local Household Income

The median household income in this part of Florida is $50,148. The bottom 10% of the population earn less than $16,295 per year. The top 10% earn more than $114,860 per year. The top 1% earn more than $370,169 per year. Most renters earn between $29,916 (20th percentile) and $45,504 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $100,296 and $125,370.

The tax assessed value of this property places it in percentile 77 of all properties in this area. This suggests it would appeal to someone earning around $85,751 per year who should qualify for a mortgage between $171,502 and $214,378.

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 $1,098. Most renters earn between $2,493 and $3,792 per month. They typically spend 38% of their monthly income on rent. Most rents fall in the $896 (20th percentile) to $1,432 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 77 of all properties in this area. This corresponds to a rent of $1,384 per month and a monthly household income of $3,672 ($44,064 per year)

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