505 Walnut St, Auburndale
Polk County Real Estate - Auburndale
Auburndale is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 13,507. Auburndale is approximately 32 miles from Brandon (population 103,483) and around 10 miles from Lakeland (population 97,422).
The median age for residents of Auburndale is 37.9. Around 37.7% of Auburndale households include school aged children and 26.8% of households include individuals aged 65 years or over. Census records indicate 79.9% of the Auburndale population are White, 12.7% are Black or African American, .3% American Indian, 1.1% Asian and 2.1% are Two or more Races.
There are 5,670 housing units in Auburndale. 737 (12.9%) of these were reported as vacant in the 2010 Census. There are 1,646 residential rental units in Auburndale. 1,440 of them were occupied in 2010 providing a residential rental vacancy rate of 11.8%.
Auburndale links:
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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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 507 Walnut St | Single Family | 959 | B |
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| 123 Magnolia Ave | Store, one story | 2,100 | B |
|
| 509 Walnut St | Single Family | 1,116 | B |
|
| 511 Walnut St | Single Family | 1,264 | B |
|
| 101 Magnolia Ave | Repair service shop (excluding automotive) | 3,250 | B |
|
| 512 Bennett St | Single Family | 946 | B |
|
| 506 Walnut St | Vacant Residential | 0 | L | |
| 508 Walnut St | Single Family | 0 | L | |
| 201 Us Highway 92 E | Store, one story | 2,736 | B |
|
| 513 Walnut St | Single Family | 2,326 | B |
|
| 514 Bennett St | Single Family | 1,012 | B |
|
| 510 Walnut St | Single Family | 1,637 | B |
|
| 512 Walnut St | Single Family | 1,280 | B |
|
| 516 Bennett St | Single Family | 1,088 | B |
|
| 515 Walnut St | Single Family | 772 | B |
|
| 514 Walnut St | Single Family | 1,712 | B |
|
| 126 Magnolia Ave | Drive-in Restaurant | 2,453 | B |
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| 518 Bennett St | Single Family | 780 | B |
|
| 517 Walnut St | Single Family | 952 | B |
|
| 516 Walnut St | Single Family | 1,088 | B |
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| 505 507 Oak St | Single Family | 1,529 | B |
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| 97 Magnolia Ave | Vacant Commercial | 0 | L | |
| 511 Oak St | Single Family | 1,460 | B |
|
| 233 Magnolia Ave | Professional service building | 1,404 | B |
|
| 520 Bennett | Single Family | 1,314 | B |
|
| Walnut St | Vacant Commercial | 0 | L | |
| 513 Bennett St | Vacant Commercial | 0 | L | |
| 513 Oak St | Single Family | 1,188 | B |
|
| 518 Walnut St | Single Family | 1,138 | B |
|
| 519 Walnut St | Single Family | 1,440 | B |
|
| 202 Magnolia Ave | Restaurant, cafeteria | 3,615 | B |
|
| 515 Oak St | Single Family | 1,114 | B |
|
| 515 Bennett St | Vacant Commercial | 0 | L | |
| 522 Bennett St | Single Family | 1,280 | B |
|
| 415 Walnut St | Mixed use - store and office or store and residential or residential combination | 1,040 | B |
|
| 520 Walnut St | Single Family | 1,144 | B |
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| 517 S Oak St | Single Family | 1,286 | B |
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| 517 Bennett St | Single Family | 966 | B |
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| 519 Oak St | Single Family | 1,008 | B |
|
Local Household Income
The median household income in this part of Florida is $48,303. The bottom 10% of the population earn less than $16,451 per year. The top 10% earn more than $111,641 per year. The top 1% earn more than $364,859 per year. Most renters earn between $23,976 (20th percentile) and $48,444 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $96,606 and $120,758.
The tax assessed value of this property places it in percentile 12 of all properties in this area. This suggests it would appeal to someone earning around $18,387 per year who should qualify for a mortgage between $36,774 and $45,968.
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 $844. Most renters earn between $1,998 and $4,037 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $579 (20th percentile) to $1,216 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 12 of all properties in this area. This corresponds to a rent of $491 per month and a monthly household income of $1,730 ($20,760 per year)
Nearby Companies
233 Magnolia Ave
233 Magnolia Ave
123 Magnolia Ave