202 Patten Heights St, Lakeland
Polk County Real Estate - Lakeland
Lakeland is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 97,422.
The median age for residents of Lakeland is 39.8. Around 26.6% of Lakeland households include school aged children and 34.7% of households include individuals aged 65 years or over. Census records indicate 70.8% of the Lakeland population are White, 20.8% are Black or African American, .3% American Indian, 1.8% Asian and 2.6% are Two or more Races.
There are 48,218 housing units in Lakeland. 7,460 (15.4%) of these were reported as vacant in the 2010 Census. Lakeland is a tourist destination, 28.5% (2,128) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 20,696 residential rental units in Lakeland. 17,679 of them were occupied in 2010 providing a residential rental vacancy rate of 14.1%.
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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 | |
|---|---|---|---|---|
| 128 Patten Heights St | Single Family | 1,860 | B |
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| 206 Patten Heights St | Single Family | 2,406 | B |
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| 120 Patten Heights | Single Family | 2,171 | B |
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| 203 Hibriten Way | Single Family | 3,464 | B |
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| 205 Hibriten Way | Single Family | 2,595 | B |
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| 214 Patten Heights St | Single Family | 2,141 | B |
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| 116 Patten Heights St | Single Family | 2,756 | B |
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| 121 Hibriten Way | Single Family | 2,206 | B |
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| 201 Patten Heights St | Single Family | 1,962 | B |
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| 127 Patten Heights St | Single Family | 3,856 | B |
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| 218 Patten Heights St | Single Family | 1,424 | B |
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| 209 Patten Heights St | Single Family | 1,743 | B |
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| 112 Patten Heights St | Single Family | 1,976 | B |
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| 115 Hibriten Way | Single Family | 1,375 | B |
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| 117 Patten Hgts St | Single Family | 1,460 | B |
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| 215 Patten Hts | Single Family | 2,518 | B |
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| 220 Patten Heights St | Single Family | 2,600 | B |
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| 211 Hibriten Way | Single Family | 5,363 | B |
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| 217 Patten Heights St | Single Family | 1,649 | B |
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| 115 Patten Heights St | Single Family | 2,818 | B |
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| 300 Patten Heights St | Single Family | 1,764 | B |
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| 109 Hibriten Way | Single Family | 2,488 | B |
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| 106 Patten Heights St | Office building, non-professional service building, one story | 5,456 | B |
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| 221 Patten Heights | Single Family | 1,395 | B |
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| 130 E Belvedere St | Single Family | 4,209 | B |
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| 202 E Belvedere Rd | Single Family | 1,891 | B |
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| 202 Hibriten Way | Single Family | 3,890 | B |
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| 210 Hibriten Way | Single Family | 2,830 | B |
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| 200 Hibriten Way | Single Family | 3,251 | B |
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| 126 Belvedere St | Single Family | 2,817 | B |
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| 208 E Belvedere St | Single Family | 3,379 | B |
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| 302 Patten Heights St | Single Family | 2,006 | B |
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| 1400 Florida Ave S | Office building, non-professional service building, one story | 1,115 | B |
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| 1510 S Florida Ave | Office building, non-professional service building, one story | 2,696 | B |
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| 114 Hibriten Way | Single Family | 2,000 | B |
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| 301 Patten Heights St | Single Family | 1,938 | B |
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| 220 Hibriten Way | Single Family | 1,794 | B |
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| 114 E Belvedere St | Single Family | 4,061 | B |
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| 300 E Belvedere St | Single Family | 2,922 | B |
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| 110 Hibriten Way | Single Family | 2,229 | B |
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| 307 Hibriten Way | Single Family | 3,374 | B |
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| 102 E Belvedere St | Mixed use - store and office or store and residential or residential combination | 2,816 | B |
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| 316 Patten Heights St | Single Family | 2,328 | B |
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| 133 Palmola St | Single Family | 2,853 | B |
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| 302 Hibriten Way | Single Family | 2,516 | B |
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| 127 Palmola St | Single Family | 3,517 | B |
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| 104 Hibriten Way | Office building, non-professional service building, one story | 1,677 | B |
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| 302 E Belvedere St | Multi-family - less than 10 units | 6,019 | B |
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| 203 Palmola St | Single Family | 2,972 | B |
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Local Household Income
The median household income in this part of Florida is $52,750. The bottom 10% of the population earn less than $17,423 per year. The top 10% earn more than $122,920 per year. The top 1% earn more than $384,883 per year. Most renters earn between $27,024 (20th percentile) and $47,808 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $105,500 and $131,875.
The tax assessed value of this property places it in percentile 81 of all properties in this area. This suggests it would appeal to someone earning around $95,717 per year who should qualify for a mortgage between $191,434 and $239,293.
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 $858. Most renters earn between $2,252 and $3,984 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $630 (20th percentile) to $1,159 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 81 of all properties in this area. This corresponds to a rent of $1,180 per month and a monthly household income of $4,048 ($48,576 per year)
Nearby Companies
1505 South Florida Ave
1506 South Florida Ave
1506 S Florida Ave
1506 S Florida Ave
1506 S Florida Ave
220 Patten Heights St
220 Patten Heights St
220 Patten Heights St
1501 South Florida Ave
1501 South Florida Ave
1420 South Florida Ave
1420 South Florida Ave
1420 South Florida Ave
1420 South Florida Ave
1420 South Florida Ave
1420 S Florida Ave
1420 S Florida Ave
1420 S Florida Ave
1420 S Florida Ave
1420 S Florida Ave
1401 S Florida Ave
1401 South Florida Ave
210 Hibriten Way
200 Hibriten Way
110 Hibriten Way
104 Hibriten Way
104 Hibriten Way
104 Hibriten Way
121 Palmola St
102 E Belvedere St
1510 S Florida Ave
1510 South Florida Ave