Polk County Real Estate - Loughman

Loughman is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 2,680. Loughman is approximately 23 miles from Orlando (population 238,300) and around 27 miles from Lakeland (population 97,422).

The median age for residents of Loughman is 34.2. Around 35.7% of Loughman households include school aged children and 19.7% of households include individuals aged 65 years or over. Census records indicate 77.2% of the Loughman population are White, 9.6% are Black or African American, .8% American Indian, 2.4% Asian and 2.7% are Two or more Races. Loughman has a significant Hispanic population. 27.3% (733) of Loughman residents are of Hispanic or Latino origin. Of these 11.73% are of Mexican origin, 59.61% Puerto Rican, 6.54% Cuban and 22.1% are of other Hispanic or Latino origin.

There are 2,019 housing units in Loughman. 1,014 (50.2%) of these were reported as vacant in the 2010 Census. Loughman is a tourist destination, 40.1% (407) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 1,018 residential rental units in Loughman. 546 of them were occupied in 2010 providing a residential rental vacancy rate of 45.4%.

Loughman links:

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

AddressTypeSq FtClass 
341 Downing Cir Single Family 2,797 B
361 Downing Cir Single Family 2,797 B
826 Riggs Cir Single Family 2,355 B
331 Downing Cir Single Family 2,797 B
836 Riggs Cir Single Family 2,354 B
403 Downing Cir Single Family 2,797 B
816 Riggs Cir Single Family 2,355 B
101 Craen Dr Single Family 4,011 B
321 Downing Cir Single Family 2,357 B
413 Downing Cir Single Family 2,797 B
806 Riggs Cir Single Family 2,797 B
377 Riggs Cir Single Family 2,797 B
846 Riggs Cir Single Family 3,810 B
108 Strait Dr Single Family 2,534 B
367 Riggs Cir Single Family 2,451 B
311 Downing Cir Single Family 2,357 B
423 Downing Cir Single Family 2,355 B
111 Craen Dr Single Family 2,797 B
402 Downing Cir Single Family 2,797 B
118 Strait Dr Single Family 2,357 B
764 Riggs Cir Single Family 2,354 B
357 Riggs Cir Single Family 2,797 B
412 Downing Cir Single Family 2,570 B
755 Riggs Cir Single Family 2,797 B
121 Craen Dr Single Family 2,797 B
301 Downing Cir Single Family 2,357 B
433 Downing Cir Single Family 2,355 B
422 Downing Cir Single Family 2,797 B
128 Strait Dr Single Family 2,357 B
409 Riggs Cir Single Family 2,451 B
347 Riggs Cir Single Family 2,797 B
754 Riggs Cir Single Family 2,797 B
432 Downing Cir Single Family 2,797 B
131 Craen Dr Single Family 2,797 B
138 Strait Dr Single Family 2,357 B
443 Downing Cir Single Family 2,797 B
239 Downing Cir Single Family 2,357 B
337 Riggs Cir Single Family 2,582 B
745 Riggs Cir Single Family 2,797 B
419 Riggs Cir Single Family 2,354 B
109 Strait Dr Single Family 2,357 B
676 Downing Cir Single Family 2,355 B
664 Downing Dr Single Family 2,362 B
442 Downing Cir Single Family 2,797 B
744 Riggs Cir Single Family 2,355 B
148 Strait Dr Single Family 2,357 B
396 Riggs Cir Single Family 2,797 B
386 Riggs Cir Single Family 2,797 B
141 Craen Dr Single Family 2,355 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 75 of all properties in this area. This suggests it would appeal to someone earning around $78,041 per year who should qualify for a mortgage between $156,082 and $195,103.

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 75 of all properties in this area. This corresponds to a rent of $1,116 per month and a monthly household income of $3,715 ($44,580 per year)

Nearby Companies

Disclaimers and Disclosures

Public Records Data

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