5616 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 | |
|---|---|---|---|---|
| 5610 Stratford Ln | Single Family | 3,078 | B |
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| 5622 Stratford Ln | Single Family | 3,324 | B |
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| 5617 Old Scott Lake Rd | Single Family | 3,115 | B |
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| 5611 Old Scott Lake Rd | Single Family | 3,136 | B |
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| 5623 Old Scott Lake Rd | Single Family | 6,611 | B |
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| 5619 Stratford Ln | Single Family | 3,143 | B |
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| 5615 Stratford Ln | Single Family | 2,511 | B |
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| 5628 Stratford Ln | Single Family | 3,380 | B |
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| 5625 Stratford Ln | Single Family | 3,623 | B |
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| 5604 Stratford Ln | Single Family | 2,791 | B |
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| 5629 Old Scott Lake Rd | Single Family | 2,602 | B |
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| 5603 Old Scott Lake Rd | Single Family | 3,260 | B |
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| 5603 Stratford Ln | Single Family | 2,992 | B |
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| 5618 Old Scott Lake Rd | Single Family | 3,337 | B |
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| 5620 Scott Lake Rd | Single Family | 2,943 | B |
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| 5614 Scott Lake Rd | Single Family | 2,676 | B |
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| 5624 Old Scott Lake Rd | Single Family | 3,486 | B |
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| 5701 Stratford Ln | Single Family | 3,030 | B |
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| 5612 Old Scott Lake Rd | Single Family | 4,139 | B |
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| 5626 Scott Lake Rd | Single Family | 2,986 | B |
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| 5702 Stratford Ln | Single Family | 3,253 | B |
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| 5703 Old Scott Lake Rd | Single Family | 2,986 | B |
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| 5604 Scott Lake Rd | Single Family | 3,500 | B |
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| 5630 Old Scott Lake Rd | Single Family | 3,028 | B |
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| 5606 Old Scott Lake Rd | Single Family | 3,319 | B |
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| 5632 Scott Lake Rd | Single Family | 3,526 | B |
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| 5703 Stratford Ln | Single Family | 3,811 | B |
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| 1010 Brighton Way | Single Family | 3,354 | 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 86 of all properties in this area. This suggests it would appeal to someone earning around $132,579 per year who should qualify for a mortgage between $265,158 and $331,448.
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 86 of all properties in this area. This corresponds to a rent of $1,313 per month and a monthly household income of $4,603 ($55,236 per year)
Nearby Companies
5603 Old Scott Lake Rd
5612 Old Scott Lake Rd