119 Oak Sq S, Lakeland
Polk County Real Estate - Mulberry
Mulberry is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 3,817. Mulberry is approximately 30 miles from Tampa (population 335,709) and around 19 miles from Brandon (population 103,483).
The median age for residents of Mulberry is 44.3. Around 28.1% of Mulberry households include school aged children and 43.2% of households include individuals aged 65 years or over. Census records indicate 79.5% of the Mulberry population are White, 14.6% are Black or African American, .2% American Indian, .4% Asian and 1.7% are Two or more Races.
There are 1,914 housing units in Mulberry. 345 (18%) of these were reported as vacant in the 2010 Census. Mulberry is a tourist destination, 31% (107) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 494 residential rental units in Mulberry. 429 of them were occupied in 2010 providing a residential rental vacancy rate of 13%.
Mulberry 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 | |
|---|---|---|---|---|
| 115 Oak Sq S | Single Family | 3,158 | B |
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| 123 Oak Sq S | Single Family | 2,656 | B |
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| 6340 Fern Ln | Single Family | 3,270 | B |
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| 6344 Fern Ln | Single Family | 2,499 | B |
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| 6336 Fern Ln | Single Family | 3,514 | B |
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| 118 Oak Sq S | Single Family | 2,616 | B |
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| 111 Oak Sq S | Single Family | 2,902 | B |
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| 127 Oak Sq S | Single Family | 2,351 | B |
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| 122 Oak Sq S | Single Family | 2,814 | B |
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| 114 Oak Sq S | Single Family | 3,238 | B |
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| 143 Oak Sq S | Single Family | 2,455 | B |
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| 6332 Fern Ln | Single Family | 2,416 | B |
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| 126 Oak Sq S | Single Family | 2,457 | B |
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| 110 Oak Sq S | Single Family | 2,868 | B |
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| 105 Oak Sq S | Single Family | 2,546 | B |
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| 6341 Fern Ln | Single Family | 3,151 | B |
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| 145 Shadow Ln | Single Family | 2,903 | B |
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| 6333 Fern Ln | Single Family | 3,187 | B |
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| 6345 Fern Ln | Single Family | 3,091 | B |
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| 141 Shadow Ln | Single Family | 3,662 | B |
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| 106 Oak Sq S | Single Family | 2,790 | B |
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| 149 Shadow Ln | Single Family | 2,580 | B |
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| 6335 Oak Sq E | Single Family | 2,942 | B |
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| 130 S Oak Square | Single Family | 2,494 | B |
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| 6328 Fern Ln | Single Family | 3,332 | B |
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| 137 Shadow Ln | Single Family | 2,895 | B |
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| 6349 Fern Ln | Single Family | 2,842 | B |
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| 153 Shadow Ln | Single Family | 3,133 | B |
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| 138 Oak Sq S | Single Family | 2,707 | B |
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| 6331 Oak Sq E | Single Family | 2,740 | B |
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| 142 Oak Sq S | Single Family | 2,480 | B |
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| 6325 Fern Ln | Single Family | 2,932 | B |
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| 134 Oak Sq S | Single Family | 2,851 | B |
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| 133 Shadow Ln | Single Family | 3,277 | B |
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| 102 Oak Sq S | Single Family | 3,288 | B |
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| 6324 Oak Ct | Single Family | 3,080 | B |
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| 6330 Oak Ct | Single Family | 3,152 | B |
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| 146 Oak Sq S | Single Family | 2,839 | B |
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| 157 Shadow Ln | Single Family | 2,820 | B |
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| 6324 Fern Ln | Single Family | 3,058 | B |
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| 6327 Oak Sq E | Single Family | 3,096 | B |
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| 151 Oak Sq S | Single Family | 2,785 | B |
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Local Household Income
The median household income in this part of Florida is $65,702. The bottom 10% of the population earn less than $22,137 per year. The top 10% earn more than $151,965 per year. The top 1% earn more than $427,118 per year. Most renters earn between $28,020 (20th percentile) and $49,224 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $131,404 and $164,255.
The tax assessed value of this property places it in percentile 79 of all properties in this area. This suggests it would appeal to someone earning around $111,421 per year who should qualify for a mortgage between $222,842 and $278,553.
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 $894. Most renters earn between $2,335 and $4,102 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $690 (20th percentile) to $1,167 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 79 of all properties in this area. This corresponds to a rent of $1,161 per month and a monthly household income of $4,080 ($48,960 per year)
Nearby Companies
153 Shadow Ln
141 Shadow Ln
130 Oak Square South
151 Oak Square South
6330 Oak Ct