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Local Household Income

The median household income in this part of Florida is $96,339. The bottom 10% of the population earn less than $31,144 per year. The top 10% earn more than $246,034 per year. The top 1% earn more than $672,989 per year. Most renters earn between $40,176 (20th percentile) and $75,564 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $192,678 and $240,848.

The tax assessed value of this property places it in percentile 56 of all properties in this area. This suggests it would appeal to someone earning around $107,654 per year who should qualify for a mortgage between $215,308 and $269,135.

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 $1,400. Most renters earn between $3,348 and $6,297 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $1,023 (20th percentile) to $1,916 (80th percentile) range. The residential vacancy rate is 4%.

This property falls in percentile 56 of all properties in this area. This corresponds to a rent of $1,498 per month and a monthly household income of $4,961 ($59,532 per year)

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