45030 Farabee Rd, Punta Gorda
Desoto County Real Estate - Nocatee
Nocatee is in South Central Florida. It's population as recorded in the 2010 Census was 4,524. Nocatee is approximately 41 miles from Cape Coral (population 154,305) and around 40 miles from Lehigh Acres (population 86,784).
The median age for residents of Nocatee is 35.8. Around 51.2% of Nocatee households include school aged children and 16.2% of households include individuals aged 65 years or over. Census records indicate 87.6% of the Nocatee population are White, 4% are Black or African American, 0% American Indian, 3.7% Asian and 3.3% are Two or more Races.
There are 1,705 housing units in Nocatee. 189 (11%) of these were reported as vacant in the 2010 Census. Nocatee is a tourist destination, 29.6% (56) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 338 residential rental units in Nocatee. 316 of them were occupied in 2010 providing a residential rental vacancy rate of 5.3%.
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DeSoto County
Desoto County is located in South Central Florida, along with Hendry, Glades, Highlands, Okeechobee, and Hardee counties. Desoto's only city and county seat is Arcadia. The U.S. Census Bureau refers to DeSoto County as the Arcadia Micropolitan Statistical Area. Over 34,000 people live here.
The largest industries providing employment are agriculture, forestry, fishing, hunting, and mining and education, health and social services. Major private sector employers for DeSoto County are Wal-Mart Distribution Center, Wal-Mart, DeSoto Medical Hospital, Peace River Citrus, and Bethel Farms. Top public sector employers are DeSoto School District, DeSoto County, and DeSoto County Sheriff's Office.
Largely rural, the economy of DeSoto County is primarily driven by agriculture. There are only five counties in the state with more cattle and calves. Cattle in the region is generally raised until they are 400-600 pounds, then sold to ranches in the western part of the nation to finish growing. There are about two head of cattle in DeSoto County for every human.
Citrus production is also a major component of the DeSoto County economy. Shipping over 17 million boxes annually, DeSoto is the fourth-largest citrus producer among Florida counties. 98% of those boxes are oranges. Over 60,000 acres of land are devoted to commercial citrus trees.
Arcadia is home to over 7,500 people. The city?s location on the Peace River makes it a prime spot for canoeing and camping. Technically outside of the city in the neighborhood of Southeast Arcadia lies Arcadia Municipal Airport, a two-runway general aviation facility. The DeSoto Campus of South Florida State College is in Arcadia.
Neighboring Properties
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Local Household Income
The median household income in this part of Florida is $54,839. The bottom 10% of the population earn less than $20,497 per year. The top 10% earn more than $125,742 per year. The top 1% earn more than $399,493 per year. Most renters earn between $26,976 (20th percentile) and $50,376 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $109,678 and $137,098.
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 $910. Most renters earn between $2,248 and $4,198 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $670 (20th percentile) to $1,270 (80th percentile) range. The residential vacancy rate is 9%.
Nearby Companies
45030 Farabee Rd
45030 Farabee Rd