2017 Tarpon Rd, Palmetto
Manatee County Real Estate - Palmetto
Palmetto is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 12,606. Palmetto is approximately 30 miles from Tampa (population 335,709) and around 18 miles from Saint Petersburg (population 244,769).
The median age for residents of Palmetto is 43.1. Around 27.8% of Palmetto households include school aged children and 39.4% of households include individuals aged 65 years or over. Census records indicate 72.1% of the Palmetto population are White, 10.5% are Black or African American, .3% American Indian, .6% Asian and 2.1% are Two or more Races. Palmetto has a significant Hispanic population. 28.3% (3,571) of Palmetto residents are of Hispanic or Latino origin. Of these 81.9% are of Mexican origin, 5.85% Puerto Rican, 1.34% Cuban and 10.89% are of other Hispanic or Latino origin.
There are 6,729 housing units in Palmetto. 1,838 (27.3%) of these were reported as vacant in the 2010 Census. Palmetto is a tourist destination, 53.1% (977) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 1,833 residential rental units in Palmetto. 1,596 of them were occupied in 2010 providing a residential rental vacancy rate of 12.2%.
Palmetto links:
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Manatee County
Manatee County is part of the Tampa Bay region of Florida, along with Sarasota, Polk, Hillsborough, Pinellas, Pasco, Hernando, and Citrus counties. Incorporated cities and towns in Manatee County include the county seat of Bradenton, Anna Maria, Bradenton Beach, Holmes Beach, Palmetto, and Longboat Key. The county?s population is over 300,000.
Major industries include retail trade, agriculture, tourism, and retirement. Other important parts of the Manatee County economy are manufacturing, agribusiness, and fishing. The cost of living in Manatee County is slightly higher than the rest of the state.
Manatee County's largest private sector employers are Bealls Inc., Manatee Memorial Hospital, Tropicana Products, Inc., and Publix. Major public sector employers are Manatee County School District, Manatee County Government, and Manatee County Sheriff?s Department. Bealls of Florida is headquartered in Manatee County.
The county seat is Bradenton, an old-Florida town that dates to the 1880s. As such, tourism is a strong economic driver, with tourists enjoying the warm weather and maritime recreation such as fishing. Bradenton also hosts a Tropicana juice production facility.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 2009 Tarpon Rd | Single Family | 1,406 | B |
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| 4390 Pompano Ln | Single Family | 1,394 | B |
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| 4324 Pompano Ln | Single Family | 1,442 | B |
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| 4391 Pompano Ln | Single Family | 1,388 | B |
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| 4330 Pompano Ln | Single Family | 2,069 | B |
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| 4384 Pompano Ln | Single Family | 2,133 | B |
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| 4307 Cobia Ct | Vacant Residential | 0 | L | |
| 4318 Pompano Ln | Single Family | 1,956 | B |
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| 4385 Pompano Ln | Single Family | 1,992 | B |
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| 4336 Pompano Ln | Single Family | 1,915 | B |
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| 4315 Pompano Ln | Single Family | 1,833 | B |
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| 4360 Pompano Ln | Single Family | 1,573 | B |
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| 4312 Pompano Ln | Single Family | 1,674 | B |
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| 4397 Pompano Ln | Single Family | 2,056 | B |
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| 4303 Cobia Ct | Single Family | 2,746 | A |
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| 4325 Pompano Ln | Single Family | 1,554 | B |
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| 4379 Pompano Ln | Single Family | 2,351 | B |
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| 4342 Pompano Ln | Single Family | 1,321 | B |
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| 4331 Pompano Ln | Single Family | 1,828 | B |
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| 4319 Pompano Ln | Single Family | 2,242 | B |
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| 4405 Dolphin Ln | Single Family | 3,370 | B |
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| 4337 Pompano Ln | Single Family | 2,332 | B |
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| 4411 Dolphin Ln | Single Family | 1,876 | B |
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| 4302 Pompano Ln | Single Family | 1,538 | B |
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| 4417 Dolphin Ln | Vacant Residential | 0 | L | |
| 4343 Pompano Ln | Single Family | 1,464 | B |
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| 4373 Pompano Ln | Single Family | 1,892 | B |
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| 4361 Pompano Ln | Single Family | 1,941 | B |
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| 4505 Dolphin Ln | Single Family | 2,010 | B |
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| 4218 Pompano Ln | Single Family | 1,990 | B |
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| 4309 Pompano Ln | Single Family | 1,412 | B |
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| 4355 Pompano Ln | Single Family | 2,533 | B |
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| 4367 Pompano Ln | Single Family | 2,021 | B |
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Local Household Income
The median household income in this part of Florida is $67,706. The bottom 10% of the population earn less than $21,315 per year. The top 10% earn more than $170,131 per year. The top 1% earn more than $473,548 per year. Most renters earn between $29,388 (20th percentile) and $60,564 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $135,412 and $169,265.
The tax assessed value of this property places it in percentile 84 of all properties in this area. This suggests it would appeal to someone earning around $139,314 per year who should qualify for a mortgage between $278,628 and $348,285.
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 $984. Most renters earn between $2,449 and $5,047 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $697 (20th percentile) to $1,482 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 84 of all properties in this area. This corresponds to a rent of $1,591 per month and a monthly household income of $5,307 ($63,684 per year)
Nearby Companies
4309 Pompano Ln
4319 Pompano Ln
4331 Pompano Ln
4379 Pompano Ln