202 Hibriten Way, 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 | |
|---|---|---|---|---|
| 200 Hibriten Way | Single Family | 3,251 | B |
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| 210 Hibriten Way | Single Family | 2,830 | B |
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| 127 Palmola St | Single Family | 3,517 | B |
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| 133 Palmola St | Single Family | 2,853 | B |
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| 114 Hibriten Way | Single Family | 2,000 | B |
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| 121 Palmola St | Single Family | 3,153 | B |
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| 203 Palmola St | Single Family | 2,972 | B |
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| 203 Hibriten Way | Single Family | 3,464 | B |
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| 121 Hibriten Way | Single Family | 2,206 | B |
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| 205 Hibriten Way | Single Family | 2,595 | B |
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| 110 Hibriten Way | Single Family | 2,229 | B |
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| 207 Palmola St | Single Family | 2,262 | B |
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| 220 Hibriten Way | Single Family | 1,794 | B |
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| 115 Hibriten Way | Single Family | 1,375 | B |
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| 113 Palmola | Office building, non-professional service building, multi-story | 2,409 | B |
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| 109 Hibriten Way | Single Family | 2,488 | B |
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| 211 Hibriten Way | Single Family | 5,363 | B |
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| 104 Hibriten Way | Office building, non-professional service building, one story | 1,677 | B |
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| 301 Palmola St | Single Family | 3,835 | B |
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| 202 Patten Heights St | Single Family | 1,730 | B |
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| 130 Palmola St | Single Family | 3,313 | B |
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| 128 Patten Heights St | Single Family | 1,860 | B |
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| 1304 Florida Ave S | Auto sales, auto repair and storage or auto service shop | 1,876 | B |
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| 120 Patten Heights | Single Family | 2,171 | B |
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| 206 Patten Heights St | Single Family | 2,406 | B |
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| 120 Palmola St | Single Family | 1,768 | B |
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| 202 Palmola St | Single Family | 2,759 | B |
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| 116 Patten Heights St | Single Family | 2,756 | B |
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| 302 Hibriten Way | Single Family | 2,516 | B |
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| Palmola St | Parking lot (commercial or patron) or mobile home park | 0 | L | |
| 214 Patten Heights St | Single Family | 2,141 | B |
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| 112 Patten Heights St | Single Family | 1,976 | B |
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| 1400 Florida Ave S | Office building, non-professional service building, one story | 1,115 | B |
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| 208 Palmola St | Single Family | 2,900 | B |
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| 218 Patten Heights St | Single Family | 1,424 | B |
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| 114 Palmola St | Office building, non-professional service building, multi-story | 2,088 | B |
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| 305 Palmola St | Single Family | 3,399 | B |
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| 1224 Florida Ave S | Professional service building | 2,030 | B |
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| 220 Patten Heights St | Single Family | 2,600 | B |
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| 106 Patten Heights St | Office building, non-professional service building, one story | 5,456 | B |
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| 302 Palmola St | Single Family | 4,265 | B |
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| 1222 S Florida Ave | Office building, non-professional service building, one story | 2,296 | B |
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| 300 Patten Heights St | Single Family | 1,764 | B |
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| 1216 S Florida Ave | Store, one story | 3,413 | C |
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| 307 Hibriten Way | Single Family | 3,374 | B |
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| 129 E Belmar St | Single Family | 2,246 | B |
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| 111 E Belmar St | Single Family | 1,999 | B |
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| 310 Hibriten Way | Single Family | 3,705 | B |
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| 135 E Belmar St | Single Family | 1,222 | 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 97 of all properties in this area. This suggests it would appeal to someone earning around $194,053 per year who should qualify for a mortgage between $388,106 and $485,133.
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 97 of all properties in this area. This corresponds to a rent of $1,952 per month and a monthly household income of $5,677 ($68,124 per year)
Nearby Companies
220 Patten Heights St
220 Patten Heights St
220 Patten Heights St
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1420 South Florida Ave
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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
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207 Palmola St
114 Palmola St
114 Palmola St
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