402 Oak Ave, 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%.
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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 | |
---|---|---|---|---|
404 Oak Ave | Single Family | 1,645 | B | |
322 Oak St | Single Family | 980 | B | |
406 Oak St | Single Family | 1,597 | B | |
401 Lemon St | Vacant Institutional Property | 0 | L | |
403 Lemon St | Vacant Institutional Property | 0 | L | |
320 Oak St | Single Family | 1,364 | B | |
321 Lemon St | Vacant Institutional Property | 0 | L | |
408 Oak St | Single Family | 1,624 | B | |
401 Oak St | Single Family | 1,374 | B | |
405 Lemon St | Single Family | 1,188 | B | |
403 Oak St | Single Family | 1,890 | B | |
321 Oak St | Single Family | 1,345 | B | |
407 Lemon St | Single Family | 1,350 | B | |
319 Lemon St | Vacant Institutional Property | 0 | L | |
319 Oak St | Single Family | 1,312 | B | |
316 Oak St | Single Family | 1,938 | B | |
407 Oak St | Single Family | 1,328 | B | |
409 Lemon St | Vacant Institutional Property | 0 | L | |
315 Oak St | Single Family | 1,638 | B | |
409 Oak Ave | Single Family | 1,256 | B | |
205 Charles Ave | Vacant Residential | 0 | L | |
315 Lemon St | Single Family | 2,954 | B | |
414 Oak St | Single Family | 949 | B | |
314 Oak St | Single Family | 1,064 | B | |
413 Lemon St | Single Family | 2,642 | B | |
411 Oak St | Single Family | 1,188 | B | |
313 1/2 Oak St | Single Family | 1,232 | B | |
404 Walnut St | Single Family | 1,600 | B | |
322 Walnut St | Single Family | 1,494 | B | |
406 Walnut St | Single Family | 2,380 | B | |
320 Walnut St | Single Family | 600 | B | |
416 Oak St | Single Family | 1,448 | B | |
402 Walnut St | Single Family | 1,504 | B | |
311 Lemon St | Single Family | 1,472 | B | |
313 Oak St | Vacant Residential | 0 | L | |
415 Lemon St | Single Family | 1,144 | B | |
320 Lemon St | Vacant Institutional Property | 0 | L | |
318 Walnut St | Single Family | 1,120 | B | |
410 Walnut St | Single Family | 960 | B | |
418 Oak St | Mixed use - store and office or store and residential or residential combination | 1,440 | B | |
310 Oak St | Single Family | 2,470 | B | |
316 Walnut St | Single Family | 1,194 | B | |
412 Walnut St | Single Family | 960 | B | |
309 Lemon St | Single Family | 1,446 | B | |
309 Oak St | Vacant Residential | 0 | L | |
220 Magnolia Ave | Financial institution (bank, saving and loan company, mortgage company, credit services) | 2,942 | B | |
414 Walnut St | Single Family | 1,411 | B | |
314 Walnut St | Single Family | 1,261 | 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 2 of all properties in this area. This suggests it would appeal to someone earning around $3,074 per year who should qualify for a mortgage between $6,148 and $7,685.
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 2 of all properties in this area. This corresponds to a rent of $262 per month and a monthly household income of $1,084 ($13,008 per year)