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Local Household Income

The median household income in this part of Florida is $62,848. The bottom 10% of the population earn less than $15,373 per year. The top 10% earn more than $229,625 per year. The top 1% earn more than $716,082 per year. Most renters earn between $29,352 (20th percentile) and $56,148 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $125,696 and $157,120.

The tax assessed value of this property places it in percentile 70 of all properties in this area. This suggests it would appeal to someone earning around $104,785 per year who should qualify for a mortgage between $209,570 and $261,963.

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 $1,064. Most renters earn between $2,446 and $4,679 per month. They typically spend 35.5% of their monthly income on rent. Most rents fall in the $810 (20th percentile) to $1,568 (80th percentile) range. The residential vacancy rate is 8%.

This property falls in percentile 70 of all properties in this area. This corresponds to a rent of $1,340 per month and a monthly household income of $3,970 ($47,640 per year)

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