531 Riggs Cir, Davenport
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:
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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 | |
|---|---|---|---|---|
| 521 Riggs Cir | Single Family | 2,333 | B |
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| 653 Riggs Cir | Single Family | 3,007 | B |
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| 511 Riggs Cir | Single Family | 2,797 | B |
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| 540 Riggs Cir | Single Family | 2,797 | B |
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| 632 Riggs Cir | Single Family | 2,357 | B |
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| 530 Riggs Cir | Single Family | 2,797 | B |
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| 550 Riggs Cir | Single Family | 2,797 | B |
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| 622 Riggs Cir | Single Family | 2,451 | B |
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| 642 Riggs Cir | Single Family | 2,451 | B |
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| 560 Riggs Cir | Single Family | 2,797 | B |
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| 612 Riggs Cir | Single Family | 2,797 | B |
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| 602 Riggs Cir | Single Family | 2,797 | B |
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| 501 Riggs Cir | Single Family | 2,797 | B |
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| 520 Riggs Cir | Single Family | 2,797 | B |
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| 652 Riggs Cir | Single Family | 2,797 | B |
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| 705 Riggs Cir | Single Family | 2,797 | B |
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| 662 Riggs Cir | Single Family | 2,451 | B |
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| 449 Riggs Cir | Single Family | 2,354 | B |
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| 715 Riggs Cir | Single Family | 2,797 | B |
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| 672 Riggs Cir | Single Family | 2,797 | B |
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| 411 Rochester Loop | Single Family | 2,449 | B |
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| 421 Rochester Loop | Single Family | 2,750 | B |
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| 533 Rochester Loop | Single Family | 2,377 | B |
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| 431 Rochester Loop | Single Family | 2,377 | B |
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| 523 Rochester Loop | Single Family | 2,750 | B |
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| 439 Riggs Cir | Single Family | 2,797 | B |
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| 448 Riggs Cir | Single Family | 2,797 | B |
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| 503 Rochester Loop | Single Family | 2,377 | B |
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| 543 Rochester Loop | Single Family | 2,449 | B |
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| 401 Rochester Loop | Single Family | 2,449 | B |
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| 682 Riggs Cir | Single Family | 2,357 | B |
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| 725 Riggs Cir | Single Family | 2,573 | B |
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| 704 Riggs Cir | Single Family | 2,797 | B |
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| 438 Riggs Cir | Single Family | 2,797 | B |
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| 429 Riggs Cir | Single Family | 2,797 | B |
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| 735 Riggs Cir | Single Family | 2,357 | B |
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| 359 Rochester Loop | Single Family | 2,819 | B |
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| 605 Rochester Loop | Single Family | 2,377 | B |
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| 714 Riggs Cir | Single Family | 2,357 | B |
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| 428 Riggs Cir | Single Family | 2,797 | B |
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| 419 Riggs Cir | Single Family | 2,354 | B |
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| 724 Riggs Cir | Single Family | 2,797 | B |
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| 745 Riggs Cir | Single Family | 2,797 | B |
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| 615 Rochester Loop | Single Family | 2,448 | B |
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| 349 Rochester Loop | Single Family | 2,547 | B |
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| 410 Rochester Loop | Single Family | 2,363 | B |
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| 316 Riggs Cir | Vacant Institutional Property | 0 | L | |
| 400 Rochester Loop | Single Family | 2,245 | B |
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| 420 Rochester Loop | Single Family | 2,357 | B |
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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 71 of all properties in this area. This suggests it would appeal to someone earning around $72,128 per year who should qualify for a mortgage between $144,256 and $180,320.
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 71 of all properties in this area. This corresponds to a rent of $1,056 per month and a monthly household income of $3,553 ($42,636 per year)
Nearby Companies
531 Riggs Cir
642 Riggs Cir
560 Riggs Cir