5809 Stratford Ln, Lakeland
Polk County Real Estate - Eaton Park
Eaton Park is in the Tampa Bay region of Florida. Eaton Park is approximately 24 miles from Brandon (population 103,483) and around 3 miles from Lakeland (population 97,422).
Eaton Park 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 | |
|---|---|---|---|---|
| 5709 Stratford Ln | Single Family | 4,894 | B |
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| 5708 Stratford Ln | Single Family | 2,690 | B |
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| 5703 Stratford Ln | Single Family | 3,811 | B |
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| 5715 Stratford Ln | Single Family | 3,720 | B |
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| 5714 Stratford Ln | Single Family | 4,357 | B |
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| 5710 Scott Lake Rd | Single Family | 2,828 | B |
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| 5702 Stratford Ln | Single Family | 3,253 | B |
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| 5704 Scott Lake Rd | Single Family | 2,814 | B |
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| 5716 Scott Lake Rd | Single Family | 2,617 | B |
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| 5720 Stratford Ln | Single Family | 2,700 | B |
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| 5701 Stratford Ln | Single Family | 3,030 | B |
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| 5721 Stratford Ln | Single Family | 3,222 | B |
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| 5709 Old Scott Lake Rd | Privately owned hospital | 2,543 | B |
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| 5715 Old Scott Lake Rd | Single Family | 3,923 | B |
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| 5703 Old Scott Lake Rd | Single Family | 2,986 | B |
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| 5632 Scott Lake Rd | Single Family | 3,526 | B |
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| 5628 Stratford Ln | Single Family | 3,380 | B |
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| 5722 Scott Lake Rd | Single Family | 2,817 | B |
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| 5721 Old Scott Lake Rd | Single Family | 2,718 | B |
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| 5726 Stratford Ln | Single Family | 2,883 | B |
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| 5625 Stratford Ln | Single Family | 3,623 | B |
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| 5727 Stratford Ln | Single Family | 4,538 | B |
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| 5629 Old Scott Lake Rd | Single Family | 2,602 | B |
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| 5709 Scott Lake Rd | Single Family | 2,007 | B |
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| 5705 Scott Lake Rd | Single Family | 1,848 | B |
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| 5719 Scott Lake Rd | Single Family | 2,142 | B |
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| 5727 Old Scott Lake Rd | Single Family | 2,736 | B |
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| 5626 Scott Lake Rd | Single Family | 2,986 | B |
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| 5710 Old Scott Lake Rd | Single Family | 2,110 | B |
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| 5714 Old Scott Lake Rd | Single Family | 2,099 | B |
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| 5622 Stratford Ln | Single Family | 3,324 | B |
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| 5728 Scott Lake Rd | Single Family | 3,037 | B |
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| 5701 Scott Lake Rd | Single Family | 1,712 | B |
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| 5723 Scott Lake Rd | Single Family | 2,390 | B |
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| 5704 Old Scott Lake Rd | Single Family | 2,712 | B |
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| 5718 Old Scott Lake Rd | Single Family | 2,106 | B |
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| 5802 Stratford Ln | Single Family | 2,719 | 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 77 of all properties in this area. This suggests it would appeal to someone earning around $106,039 per year who should qualify for a mortgage between $212,078 and $265,098.
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 77 of all properties in this area. This corresponds to a rent of $1,139 per month and a monthly household income of $3,900 ($46,800 per year)
Nearby Companies
5723 Scott Lake Rd