722 Old Bridge Cir Lot 9, 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 | |
|---|---|---|---|---|
| 732 Old Bridge Cir | Single Family | 2,703 | B |
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| 712 Old Bridge Cir | Single Family | 2,540 | B |
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| 702 Old Bridge Cir | Single Family | 2,703 | B |
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| 742 Old Bridge Cir | Single Family | 2,540 | B |
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| 723 Old Bridge Cir | Single Family | 2,702 | B |
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| 733 Old Bridge Cir | Single Family | 2,481 | B |
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| 650 Old Bridge Cir | Single Family | 2,698 | B |
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| 713 Old Bridge Cir | Single Family | 2,703 | B |
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| 743 Old Bridge Cir | Single Family | 2,481 | B |
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| 752 Old Bridge Cir | Single Family | 2,703 | B |
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| 703 Old Bridge Cir | Single Family | 2,540 | B |
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| 640 Old Bridge Cir | Single Family | 2,703 | B |
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| 252 Elgin Blvd | Single Family | 2,290 | B |
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| 304 Elgin Blvd | Single Family | 2,290 | B |
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| 242 Elgin Blvd | Single Family | 2,668 | B |
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| 641 Old Bridge Cir Lot 68 | Single Family | 2,703 | B |
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| 314 Elgin Blvd | Single Family | 2,065 | B |
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| 804 Old Bridge Cir | Single Family | 2,698 | B |
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| 232 Elgin Blvd | Single Family | 2,284 | B |
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| 324 Elgin Blvd | Single Family | 2,290 | B |
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| 121 Old Bridge Cir | Single Family | 2,698 | B |
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| 111 Old Bridge Cir | Single Family | 2,702 | B |
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| 630 Old Bridge Cir | Single Family | 2,698 | B |
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| 814 Old Bridge Cir | Single Family | 2,703 | B |
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| 222 Elgin Blvd | Single Family | 2,060 | B |
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| 131 Old Bridge Cir | Single Family | 2,703 | B |
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| 631 Old Bridge Cir | Single Family | 2,540 | B |
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| 101 Old Bridge Cir | Single Family | 2,481 | B |
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| 334 Elgin Blvd | Single Family | 2,668 | B |
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| 141 Old Bridge Cir Lot 48 | Single Family | 2,540 | B |
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| Old Bridge Cir | Vacant Institutional Property | 0 | L | |
| 212 Elgin Blvd | Single Family | 1,913 | B |
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| 824 Old Bridge Cir | Single Family | 2,994 | B |
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| 203 Old Bridge Cir | Single Family | 2,703 | B |
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| 344 Elgin Blvd | Single Family | 2,290 | B |
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| 621 Old Bridge Cir | Single Family | 2,703 | B |
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| 620 Old Bridge Cir | Single Family | 2,703 | B |
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| 213 Old Bridge Cir | Single Family | 2,540 | B |
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| 834 Old Bridge Cir | Single Family | 2,692 | B |
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| 406 Elgin Blvd | Single Family | 2,663 | B |
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| 142 Alton St | Single Family | 2,290 | B |
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| 202 Elgin Blvd | Single Family | 2,290 | B |
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| 143 Alton St | Single Family | 2,628 | B |
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| 611 Old Bridge Cir | Single Family | 2,698 | B |
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| 610 Old Bridge Cir | Single Family | 2,703 | B |
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| 223 Old Bridge Cir | Single Family | 2,703 | B |
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| 151 Elgin Blvd | Single Family | 2,284 | B |
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| 844 Old Bridge Cir | Single Family | 2,606 | B |
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| 358 Cardiff Ave | Single Family | 2,053 | 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 76 of all properties in this area. This suggests it would appeal to someone earning around $79,239 per year who should qualify for a mortgage between $158,478 and $198,098.
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 76 of all properties in this area. This corresponds to a rent of $1,133 per month and a monthly household income of $3,829 ($45,948 per year)
Nearby Companies
631 Old Bridge Cir