Polk County Real Estate - Lakeland

Lakeland is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 97,422.

The median age for residents of Lakeland is 39.8. Around 26.6% of Lakeland households include school aged children and 34.7% of households include individuals aged 65 years or over. Census records indicate 70.8% of the Lakeland population are White, 20.8% are Black or African American, .3% American Indian, 1.8% Asian and 2.6% are Two or more Races.

There are 48,218 housing units in Lakeland. 7,460 (15.4%) of these were reported as vacant in the 2010 Census. Lakeland is a tourist destination, 28.5% (2,128) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 20,696 residential rental units in Lakeland. 17,679 of them were occupied in 2010 providing a residential rental vacancy rate of 14.1%.

Lakeland links:

Polk County

Polk County is part of the Tampa Bay region of Florida along with Citrus, Hernando, Pasco, Pinellas, Hillsborough, Manatee, and Sarasota counties. It is located inland, to the east of Hillsborough County and Tampa. The county is the geographic center of Florida?s population. Polk County is between the two large metropolitan areas of Tampa and Orlando, which accounts for its rapid population growth rate. Despite the positive growth, unemployment rates are historically lower in Polk County than anywhere else in the state. It has a population in excess of 600,000 and 17 incorporated municipalities.

Polk County's economy revolves around the industries of phosphate mining, agriculture, and tourism. Major private sector employers are Publix Supermarkets, Wal-Mart, Lakeland Regional Medical Center, Winter Haven Hospital, and GEICO. The largest public sector employers are Polk County School Board, Polk County Government, Florida State Government, and City of Lakeland. Though the economy depends less on tourism than in other parts of the state, the building of LEGOLAND Florida in Winter Haven has increased tourism and boosted the economy.

Of all Florida counties, Polk has the 2nd most farmland in the state. Like other areas in the central part of the state, Polk has numerous citrus groves.

A mining and railroad town, Lakeland has steadily grown since its 1885 incorporation. Home to around 100,000 people, Lakeland is the headquarters for Saddle Creek Logistics and Fortune 500 supermarket chain Publix. Lakeland also hosts Florida Polytechnic University, Southeastern University, Florida Southern College, and campuses of Polk State College and Webster University.

Neighboring Properties

AddressTypeSq FtClass 
518 Carey Pl Single Family 1,660 B
510 Carey Pl Single Family 1,772 B
508 Carey Pl Single Family 1,260 B
522 Carey Pl Single Family 1,812 B
515 Young Pl Single Family 1,604 B
521 Young Pl Single Family 1,228 B
509 Young Pl Single Family 1,458 B
505 Young Pl Single Family 1,205 B
502 Carey Pl Single Family 1,749 B
524 Carey Pl Single Family 1,756 B
513 Carey Pl Single Family 1,536 B
527 Young Pl Single Family 2,008 B
509 Carey Pl Single Family 1,865 B
503 Young Pl Single Family 2,138 B
505 Carey Pl Single Family 2,554 B
416 Carey Pl Single Family 1,227 B
523 Carey Pl Single Family 3,156 B
415 Young Pl Single Family 1,160 B
415 Carey Pl Single Family 2,007 B
410 Carey Pl Multi-family - less than 10 units 1,061 B
538 Carey Pl Single Family 1,556 B
520 Young Pl Single Family 1,338 B
510 Young Pl Single Family 1,291 B
535 Young Pl Single Family 1,808 B
516 Palencia Pl Single Family 1,558 B
520 Palencia Pl Single Family 1,528 B
524 Young Pl Single Family 1,724 B
506 Young Pl Single Family 2,064 B
510 Palencia Pl Single Family 1,355 B
522 Palencia Pl Single Family 1,546 B
407 Young Pl Single Family 2,181 B
535 Carey Pl Single Family 2,039 B
406 Carey Pl Single Family 1,333 B
526 Palencia Pl Single Family 1,772 B
530 Young Pl Single Family 1,536 B
409 Carey Pl Single Family 1,720 B
502 Young Pl Single Family 1,361 B
504 Palencia Pl Single Family 1,677 B
544 Carey Pl Single Family 1,474 B
541 Young Pl Single Family 1,586 B
416 Young Pl Single Family 1,535 B
532 Palencia Pl Single Family 2,100 B
402 Carey Pl Single Family 1,175 B
541 Carey Pl Single Family 1,755 B
3075 Young Pl Single Family 1,847 B
403 Young Pl Single Family 1,287 B
412 Young Pl Single Family 1,635 B
403 Carey Pl Single Family 1,883 B
548 Carey Pl Single Family 1,670 B

Local Household Income

The median household income in this part of Florida is $52,750. The bottom 10% of the population earn less than $17,423 per year. The top 10% earn more than $122,920 per year. The top 1% earn more than $384,883 per year. Most renters earn between $27,024 (20th percentile) and $47,808 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $105,500 and $131,875.

The tax assessed value of this property places it in percentile 41 of all properties in this area. This suggests it would appeal to someone earning around $44,293 per year who should qualify for a mortgage between $88,586 and $110,733.

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 $858. Most renters earn between $2,252 and $3,984 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $630 (20th percentile) to $1,159 (80th percentile) range. The residential vacancy rate is 8%.

This property falls in percentile 41 of all properties in this area. This corresponds to a rent of $797 per month and a monthly household income of $2,802 ($33,624 per year)

Nearby Companies

Mold Tek Solutions,Inc
537 Palencia Pl
Disclaimers and Disclosures

Public Records Data

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