5320 Michael Dr, Winter Haven
Polk County Real Estate - Waverly
Waverly is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 767. Waverly is approximately 21 miles from Lakeland (population 97,422) and around 25 miles from Kissimmee (population 59,682).
The median age for residents of Waverly is 44.8. Around 26.6% of Waverly households include school aged children and 41.5% of households include individuals aged 65 years or over. Census records indicate 46% of the Waverly population are White, 45.7% are Black or African American, 1.6% American Indian, 0% Asian and .2% are Two or more Races.
There are 398 housing units in Waverly. 83 (20.8%) of these were reported as vacant in the 2010 Census. There are 126 residential rental units in Waverly. 87 of them were occupied in 2010 providing a residential rental vacancy rate of 31%.
Waverly 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 | |
---|---|---|---|---|
5324 Michael Dr | Single Family | 3,442 | B | |
5328 Michael Dr | Single Family | 3,268 | B | |
5325 Michael Dr | Single Family | 2,464 | B | |
5332 Michael Dr | Single Family | 3,448 | B | |
5453 Chandler Dr | Single Family | 2,680 | B | |
5560 Bess Ln | Single Family | 2,680 | B | |
5450 Chandler Dr | Single Family | 2,680 | B | |
5890 Driftwood Dr | Single Family | 1,640 | B | |
5888 Driftwood Dr | Single Family | 2,252 | B | |
5336 Michael Dr | Single Family | 2,464 | B | |
5892 Driftwood Dr | Single Family | 2,185 | B | |
5449 Chandler Dr | Single Family | 3,268 | B | |
5550 Bess Ln | Single Family | 3,268 | B | |
5886 Driftwood Dr | Single Family | 2,457 | B | |
5446 Chandler Dr | Single Family | 3,268 | B | |
5340 Michael Dr | Single Family | 2,680 | B | |
5445 Chandler Dr | Single Family | 3,448 | B | |
5540 Bess Ln | Single Family | 3,442 | B | |
5884 Driftwood Dr | Single Family | 1,754 | B | |
5442 Chandler Dr | Single Family | 3,442 | B | |
5800 Driftwood Dr | Single Family | 2,457 | B | |
5530 Bess Ln | Single Family | 2,284 | B | |
5441 Chandler Dr | Single Family | 3,562 | B | |
5882 Driftwood Dr | Single Family | 2,378 | B | |
5555 Bess Ln | Single Family | 3,268 | B | |
5651 Cypress Gardens Rd | Hotel or motel | 12,847 | B | |
5545 Bess Ln | Single Family | 2,464 | B | |
5715 Harbor Isle Blvd | Single Family | 2,081 | B | |
5520 Bess Ln | Single Family | 3,268 | B | |
5887 Driftwood Dr | Single Family | 1,728 | B | |
5438 Chandler Dr | Single Family | 2,680 | B | |
5885 Driftwood Dr | Single Family | 1,608 | B | |
5802 Driftwood Dr | Single Family | 2,277 | B | |
5425 Chandler Dr | Single Family | 3,268 | B | |
5880 Driftwood Dr | Single Family | 2,093 | B | |
5535 Bess Ln | Single Family | 2,680 | B | |
5883 Driftwood Dr | Single Family | 2,148 | B | |
5881 Driftwood Dr | Single Family | 1,985 | B | |
5510 Bess Ln | Single Family | 1,881 | B | |
5710 Harbor Isle Blvd | Single Family | 1,672 | B | |
5355 Michael Dr | Single Family | 3,448 | B | |
5725 Harbor Isle Blvd | Single Family | 2,457 | B | |
5804 Driftwood Dr | Single Family | 2,472 | B | |
5525 Bess Ln | Single Family | 3,442 | B |
Local Household Income
The median household income in this part of Florida is $65,702. The bottom 10% of the population earn less than $22,137 per year. The top 10% earn more than $151,965 per year. The top 1% earn more than $427,118 per year. Most renters earn between $28,020 (20th percentile) and $49,224 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $131,404 and $164,255.
The tax assessed value of this property places it in percentile 63 of all properties in this area. This suggests it would appeal to someone earning around $83,015 per year who should qualify for a mortgage between $166,030 and $207,538.
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 $894. Most renters earn between $2,335 and $4,102 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $690 (20th percentile) to $1,167 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 63 of all properties in this area. This corresponds to a rent of $1,008 per month and a monthly household income of $3,432 ($41,184 per year)
Nearby Companies
5540 Bess Ln
5449 Chandler Dr
5449 Chandler Dr
5802 Driftwood Dr
5802 Driftwood Dr