2210 Luten Rd, Quincy
Gadsden County Real Estate - Gretna
Gretna is in North West Florida. It's population as recorded in the 2010 Census was 1,460. Gretna is approximately 26 miles from Tallahassee (population 181,376) and around 5 miles from Quincy (population 7,972).
The median age for residents of Gretna is 33. Around 42.2% of Gretna households include school aged children and 26.5% of households include individuals aged 65 years or over. Census records indicate 4.5% of the Gretna population are White, 83.8% are Black or African American, .6% American Indian, 0% Asian and .9% are Two or more Races.
There are 583 housing units in Gretna. 98 (16.8%) of these were reported as vacant in the 2010 Census. There are 161 residential rental units in Gretna. 129 of them were occupied in 2010 providing a residential rental vacancy rate of 19.9%.
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Gadsden County
Gadsden County is located in northwest Florida, along with Bay, Santa Rosa, Escambia, Walton, Holmes, Jackson, Washington, Okaloosa, Calhoun, Liberty, Gulf, Franklin, Leon, Jefferson, and Wakulla counties. Gadsden County is Florida's only predominantly African-American county. It has a population over 45,000. Top industries are education, health & social services; public administration; and retail trade.
Gadsden County's major private employers are Coastal Plywood Company, Talquin Electric Cooperative, T Formation, TeligentEMS, and Super-Valu. Top public employers include Florida State Hospital School, Department of Children, University of Florida, Gadsden County Supervisors Office, and Florida Department of Corrections- Quincy. Cities and towns in Gadsden County include Chattahoochee, Greensboro, Gretna, Havana, Midway, River Junction, and Quincy.
Gadsden?s claim to fame is its "Coke millionaires". Quincy banker Pat Monroe invested in the company when it offered shares to the public for the first time in 1919. He encouraged others to do the same. It is not known just how many Gadsden County residents own shares in Coca-Cola, but a local rumor suggested that the company sent a representative to collect shareholder votes.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 2272 Luten Rd | Single Family | 1,998 | B |
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Local Household Income
The median household income in this part of Florida is $63,475. The bottom 10% of the population earn less than $18,639 per year. The top 10% earn more than $153,050 per year. The top 1% earn more than $440,122 per year. Most renters earn between $25,284 (20th percentile) and $50,892 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $126,950 and $158,688.
The tax assessed value of this property places it in percentile 98 of all properties in this area. This suggests it would appeal to someone earning around $351,536 per year who should qualify for a mortgage between $703,072 and $878,840.
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 $830. Most renters earn between $2,107 and $4,241 per month. They typically spend 31% of their monthly income on rent. Most rents fall in the $543 (20th percentile) to $1,223 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 98 of all properties in this area. This corresponds to a rent of $2,199 per month and a monthly household income of $7,298 ($87,576 per year)