855 Sussex Dr, 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 | |
|---|---|---|---|---|
| 861 Sussex Dr | Single Family | 3,603 | B |
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| 849 Sussex Dr | Single Family | 3,559 | B |
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| 867 Sussex Dr | Single Family | 2,432 | B |
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| 843 Sussex Dr | Single Family | 2,432 | B |
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| 860 Sussex Dr | Single Family | 2,432 | B |
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| 848 Sussex Dr | Single Family | 3,603 | B |
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| 866 Sussex Dr | Single Family | 3,603 | B |
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| Norfolk Dr | Vacant Institutional Property | 0 | L | |
| 873 Sussex Dr | Single Family | 4,436 | B |
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| 837 Sussex Dr | Single Family | 2,432 | B |
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| 842 Sussex Dr | Single Family | 4,436 | B |
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| 872 Sussex Dr | Single Family | 2,432 | B |
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| 879 Sussex Dr | Single Family | 3,603 | B |
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| 836 Sussex Dr | Single Family | 2,432 | B |
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| 871 Suffolk Pl | Single Family | 3,482 | B |
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| 878 Sussex Dr | Single Family | 3,603 | B |
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| 877 Suffolk Pl | Single Family | 2,231 | B |
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| 865 Suffolk Pl | Single Family | 2,629 | B |
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| 151 Essex Pl | Single Family | 4,436 | B |
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| 885 Sussex Dr | Single Family | 2,432 | B |
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| 145 Essex Pl | Single Family | 2,432 | B |
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| 115 Essex Pl | Single Family | 4,436 | B |
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| 883 Suffolk Pl | Single Family | 2,629 | B |
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| 859 Suffolk Pl | Single Family | 2,280 | B |
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| 830 Sussex Dr | Single Family | 3,603 | B |
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| 109 Essex Pl | Single Family | 2,432 | B |
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| 884 Sussex Dr | Single Family | 2,432 | B |
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| 139 Essex Pl | Single Family | 3,603 | B |
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| 127 Essex Pl | Single Family | 4,436 | B |
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| 889 Suffolk Pl | Single Family | 3,442 | B |
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| 858 Kildrummy Dr | Single Family | 3,171 | B |
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| 853 Suffolk Pl | Single Family | 3,258 | B |
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| 103 Essex Pl | Single Family | 4,436 | B |
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| 848 Kildrummy Dr | Single Family | 2,565 | B |
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| 150 Norfolk Dr | Single Family | 2,432 | B |
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| 144 Norfolk Dr | Single Family | 3,603 | B |
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| 890 Sussex Dr | Single Family | 2,623 | B |
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| 138 Norfolk Dr | Single Family | 2,432 | B |
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| 838 Kildrummy Dr | Single Family | 2,565 | B |
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| 895 Suffolk Pl | Single Family | 3,463 | B |
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| 132 Norfolk Dr | Single Family | 4,436 | B |
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| 868 Suffolk Pl | Single Family | 2,432 | B |
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| 880 Suffolk Pl | Single Family | 3,603 | B |
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| 828 Kildrummy Dr | Single Family | 2,489 | B |
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| 158 Essex Pl | Single Family | 4,281 | B |
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| 152 Essex Pl | Single Family | 3,603 | B |
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| 856 Suffolk Pl | Single Family | 3,749 | B |
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| 126 Norfolk Dr | Single Family | 3,603 | B |
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| 164 Essex Pl | Single Family | 3,603 | 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 99 of all properties in this area. This suggests it would appeal to someone earning around $364,859 per year who should qualify for a mortgage between $729,718 and $912,148.
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 99 of all properties in this area. This corresponds to a rent of $2,497 per month and a monthly household income of $6,836 ($82,032 per year)