Polk County Real Estate - Lake Hamilton

Lake Hamilton is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 1,231. Lake Hamilton is approximately 20 miles from Lakeland (population 97,422) and around 22 miles from Kissimmee (population 59,682).

The median age for residents of Lake Hamilton is 41.7. Around 29.1% of Lake Hamilton households include school aged children and 32.3% of households include individuals aged 65 years or over. Census records indicate 63.3% of the Lake Hamilton population are White, 24.8% are Black or African American, .4% American Indian, .8% Asian and 2.1% are Two or more Races.

There are 582 housing units in Lake Hamilton. 115 (19.7%) of these were reported as vacant in the 2010 Census. There are 165 residential rental units in Lake Hamilton. 112 of them were occupied in 2010 providing a residential rental vacancy rate of 32.1%.

Lake Hamilton 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 
3207 Fairmont Pl Single Family 2,440 B
3110 Sandy Cir Single Family 2,236 B
3209 Fairmont Pl Single Family 2,609 B
3205 Fairmont Pl Single Family 3,140 B
3107 Sandy Cir Single Family 2,418 B
3109 Sandy Cir Single Family 2,295 B
3112 Sandy Cir Single Family 2,418 B
3211 Fairmont Pl Single Family 2,261 B
3106 Sandy Cir Single Family 3,256 B
3203 Fairmont Pl Single Family 2,574 B
3105 Sandy Cir Single Family 3,121 B
3208 Fairmont Pl Single Family 2,464 B
3111 Sandy Cir Single Family 2,152 B
3210 Fairmont Pl Single Family 3,851 B
3114 Sandy Cir Single Family 2,498 B
3206 Fairmont Pl Single Family 2,936 B
3213 Fairmont Pl Single Family 2,840 B
3201 Fairmont Pl Single Family 2,984 B
3113 Sandy Cir Single Family 2,112 B
2610 Crest Dr Single Family 2,273 B
3214 Fairmont Pl Single Family 2,649 B
3213 Lake Breeze Dr Single Family 2,736 B
2272 Lake Breeze Dr Single Family 3,112 B
3098 Landings Ct Church 3,426 B
305 Crest Dr Single Family 2,916 B
2614 Crest Dr Single Family 3,356 B
Davilane St Vacant Institutional Property 0 L

Local Household Income

The median household income in this part of Florida is $51,673. The bottom 10% of the population earn less than $17,128 per year. The top 10% earn more than $117,342 per year. The top 1% earn more than $392,738 per year. Most renters earn between $23,784 (20th percentile) and $44,640 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $103,346 and $129,183.

The tax assessed value of this property places it in percentile 77 of all properties in this area. This suggests it would appeal to someone earning around $83,103 per year who should qualify for a mortgage between $166,206 and $207,758.

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 $826. Most renters earn between $1,982 and $3,720 per month. They typically spend 32.5% of their monthly income on rent. Most rents fall in the $574 (20th percentile) to $1,100 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 77 of all properties in this area. This corresponds to a rent of $1,074 per month and a monthly household income of $3,607 ($43,284 per year)

Nearby Companies

Dlpitcher LLC
3207 Fairmont Pl
Disclaimers and Disclosures

Public Records Data

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