626 Smith Rd, 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%.
Polk City 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 | |
|---|---|---|---|---|
| 616 Smith Rd | Single Family | 1,686 | B |
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| 636 Smith Rd | Vacant Residential | 0 | L | |
| 619 Calla Pl | Mobile Home | 644 | B |
|
| 606 Smith Rd | Single Family | 1,350 | B |
|
| 627 Calla Pl | Mobile Home | 924 | B |
|
| 1415 Smith Ct | Single Family | 1,032 | B |
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| 636 Smith Rd | Vacant Institutional Property | 4,072 | B |
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| 619 Smith Rd | Mobile Home | 1,984 | B |
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| 1316 Orange Blvd | Single Family | 446 | B |
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| 611 Smith Rd | Single Family | 1,014 | B |
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| 1314 Orange Blvd | Single Family | 1,194 | B |
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| 545 Smith Rd | Mobile Home | 0 | L | |
| Calla Pl | Vacant Residential | 0 | L | |
| 536 Smith Rd | Single Family | 1,170 | B |
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| Smith Ct | Vacant Residential | 0 | L | |
| 710 Smith Rd | Single Family | 1,344 | B |
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| 616 Calla Pl | Single Family | 1,312 | B |
|
| 1311 Smith Rd | Mobile Home | 1,344 | B |
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| 537 Smith Rd | Single Family | 1,036 | B |
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| 551 Calla Pl | Single Family | 1,166 | B |
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| 1250 Orange Blvd | Single Family | 1,242 | B |
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| 560 Calla Pl | Vacant Residential | 0 | L | |
| 529 Smith Rd | Single Family | 1,280 | B |
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| 711 Smith Rd | Single Family | 1,343 | B |
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| 545 Calla Pl | Single Family | 908 | B |
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| 525 Smith Rd | Vacant Residential | 0 | L |
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 3 of all properties in this area. This suggests it would appeal to someone earning around $7,164 per year who should qualify for a mortgage between $14,328 and $17,910.
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 3 of all properties in this area. This corresponds to a rent of $320 per month and a monthly household income of $1,226 ($14,712 per year)
Nearby Companies
619 Smith Rd
619 Smith Rd