5506 Jericho Ave, Polk City
Polk County Real Estate - Polk City
Polk City is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 1,562. Polk City is approximately 12 miles from Lakeland (population 97,422) and around 26 miles from Kissimmee (population 59,682).
The median age for residents of Polk City is 38.5. Around 37.6% of Polk City households include school aged children and 25.6% of households include individuals aged 65 years or over. Census records indicate 92.5% of the Polk City population are White, 1% are Black or African American, .3% American Indian, .5% Asian and 1.9% are Two or more Races.
There are 661 housing units in Polk City. 96 (14.5%) of these were reported as vacant in the 2010 Census. Polk City is a tourist destination, 29.1% (28) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 155 residential rental units in Polk City. 134 of them were occupied in 2010 providing a residential rental vacancy rate of 13.5%.
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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 | |
---|---|---|---|---|
5512 Jericho Ave | Mobile Home | 1,824 | B | |
5462 Jericho Ave | Mobile Home | 1,152 | C | |
5519 Jacob Ave | Mobile Home | 1,056 | B | |
5511 Jacob Ave | Mobile Home | 1,152 | B | |
5525 Jacob Ave | Mobile Home | 720 | B | |
5463 Jacob Ave | Mobile Home | 720 | C | |
8978 Golden Gate Blvd | Mobile Home | 1,344 | B | |
5456 Jericho Ave | Mobile Home | 1,430 | B | |
5531 Jacob Ave | Mobile Home | 792 | B | |
5457 Jacob Ave | Mobile Home | 854 | B | |
8946 Golden Gate Blvd | Mobile Home | 1,782 | B | |
5450 Jericho Ave | Mobile Home | 1,344 | B | |
5451 Jacob Ave | Mobile Home | 1,272 | C | |
5516 Jacob Ave | Mobile Home | 0 | L | |
5522 Jacob Ave | Mobile Home | 960 | B | |
5508 Jacob Ave | Mobile Home | 728 | B | |
5449 Jericho Ave | Mobile Home | 1,440 | B | |
8967 Golden Gate Blvd | Mobile Home | 1,536 | B | |
5543 Jacob Ave | Mobile Home | 1,056 | B | |
8961 Golden Gate Blvd | Mobile Home | 1,416 | C | |
8973 Golden Gate Blvd | Mobile Home | 1,248 | C | |
8940 Golden Gate Blvd | Mobile Home | 1,152 | C | |
5528 Jacob Ave | Mobile Home | 1,344 | C | |
5460 Jacob Ave | Mobile Home | 828 | B | |
8955 Golden Gate Blvd | Mobile Home | 2,120 | B | |
5444 Jericho Ave | Mobile Home | 864 | C | |
8979 Golden Gate Blvd | Mobile Home | 1,056 | C | |
5445 Jacob Ave | Mobile Home | 924 | B | |
Jacob Ave | Vacant Residential | 0 | L | |
5454 Jacobs Ave | Mobile Home | 672 | C | |
8949 Golden Gate Blvd | Mobile Home | 1,080 | B | |
8934 Golden Gate Blvd | Mobile Home | 1,008 | C | |
8985 Golden Gate Blvd | Mobile Home | 1,152 | C | |
Jericho Ave | Vacant Residential | 0 | L | |
5517 Golden Gate Blvd | Mobile Home | 1,152 | B | |
5438 Jericho Ave | Mobile Home | 896 | B | |
8943 Golden Gate Blvd | Mobile Home | 924 | B | |
5523 Golden Gate Blvd | Mobile Home | 1,056 | C | |
5448 Jacobs Ave | Mobile Home | 720 | C | |
5540 Jacob Ave | Mobile Home | 1,440 | B | |
5509 Golden Gate Blvd | Mobile Home | 1,248 | B | |
5439 Jacob Ave | Mobile Home | 1,344 | B | |
5529 Golden Gate Blvd | Mobile Home | 1,152 | C | |
5461 Golden Gate Blvd | Mobile Home | 960 | B | |
9001 Golden Gate Blvd | Mobile Home | 1,127 | B | |
8928 Golden Gate Blvd | Mobile Home | 720 | B | |
5535 Golden Gate Blvd | Mobile Home | 1,152 | B | |
8937 Golden Gate Blvd | Mobile Home | 1,344 | B | |
5455 Golden Gate Blvd | Mobile Home | 1,056 | B |
Local Household Income
The median household income in this part of Florida is $48,303. The bottom 10% of the population earn less than $16,451 per year. The top 10% earn more than $111,641 per year. The top 1% earn more than $364,859 per year. Most renters earn between $23,976 (20th percentile) and $48,444 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $96,606 and $120,758.
The tax assessed value of this property places it in percentile 24 of all properties in this area. This suggests it would appeal to someone earning around $28,412 per year who should qualify for a mortgage between $56,824 and $71,030.
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 $844. Most renters earn between $1,998 and $4,037 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $579 (20th percentile) to $1,216 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 24 of all properties in this area. This corresponds to a rent of $624 per month and a monthly household income of $2,118 ($25,416 per year)
Nearby Companies
5543 Jacob Ave
9007 Golden Gate Blvd