7220 E 53rd Pl, Palmetto
Manatee County Real Estate - Ellenton
Ellenton is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 4,275. Ellenton is approximately 30 miles from Tampa (population 335,709) and around 19 miles from Saint Petersburg (population 244,769).
The median age for residents of Ellenton is 37.1. Around 31.3% of Ellenton households include school aged children and 35.5% of households include individuals aged 65 years or over. Census records indicate 68.5% of the Ellenton population are White, 6.9% are Black or African American, .4% American Indian, .8% Asian and 2.2% are Two or more Races. Ellenton has a significant Hispanic population. 30.9% (1,324) of Ellenton residents are of Hispanic or Latino origin. Of these 80.58% are of Mexican origin, 5.43% Puerto Rican, 1.81% Cuban and 12.16% are of other Hispanic or Latino origin.
There are 2,071 housing units in Ellenton. 379 (18.3%) of these were reported as vacant in the 2010 Census. Ellenton is a tourist destination, 45.3% (172) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 714 residential rental units in Ellenton. 643 of them were occupied in 2010 providing a residential rental vacancy rate of 9%.
Ellenton links:
Links
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 | |
|---|---|---|---|---|
| 7214 E 53rd Pl | Single Family | 1,275 | B |
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| 7224 E 53rd Pl | Single Family | 1,411 | B |
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| 7208 E 53rd Pl | Single Family | 2,012 | B |
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| 5310 E 72nd St | Single Family | 1,703 | B |
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| 7228 E 53rd Pl | Single Family | 1,880 | B |
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| 7232 E 53rd Pl | Single Family | 1,894 | B |
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| 5314 E 72nd St | Single Family | 1,280 | B |
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| 7219 E 53rd Pl | Single Family | 1,275 | B |
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| 7223 E 53rd Pl | Single Family | 1,275 | B |
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| 7213 E 53rd Pl | Single Family | 1,275 | B |
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| 5318 E 72nd St | Single Family | 1,280 | B |
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| 7227 E 53rd Pl | Single Family | 1,411 | B |
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| 7231 E 53rd Pl | Single Family | 1,275 | B |
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| 7207 E 53rd Pl | Single Family | 1,411 | B |
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| 5311 E 72nd St | Single Family | 1,663 | B |
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| 5309 E 72nd St | Single Family | 1,717 | B |
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| 5307 E 72nd St | Single Family | 1,844 | B |
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| 5303 E 72nd St | Single Family | 1,703 | B |
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| 7213 E 54th Ter | Single Family | 1,280 | B |
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| 7215 E 54th Ter | Single Family | 1,275 | B |
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| 7209 E 54th Ter | Single Family | 1,411 | B |
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| 5315 E 72nd St | Single Family | 1,844 | B |
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| 5206 E 72nd St | Single Family | 2,068 | B |
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| 7205 E 54th Ter | Single Family | 1,275 | B |
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| 7219 E 54th Ter | Single Family | 1,275 | B |
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| 5211 E 72nd St | Single Family | 1,717 | B |
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| 5319 E 72nd St | Single Family | 1,717 | B |
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| 5207 E 72nd St | Single Family | 2,029 | B |
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| 7223 E 54th Ter | Single Family | 1,411 | B |
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| 5202 E 72nd St | Single Family | 1,717 | B |
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| 5321 E 72nd St | Single Family | 2,042 | B |
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| 5203 E 72nd St | Single Family | 1,275 | B |
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| 5108 E 72nd St | Single Family | 2,023 | B |
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| 5325 E 72nd St | Single Family | 1,717 | B |
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| 5109 E 72nd St | Single Family | 1,850 | B |
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| 7220 E 51st Ter | Single Family | 1,275 | B |
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| 7224 E 51st Ter | Single Family | 1,411 | B |
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| 7210 E 54th Ter | Single Family | 1,275 | B |
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| 7206 E 54th Ter | Single Family | 1,275 | B |
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| 5403 E 72nd St | Single Family | 1,280 | B |
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| 7212 E 51st Ter | Single Family | 2,164 | B |
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| 7214 E 54th Ter | Single Family | 1,411 | B |
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| 7216 E 51st Ter | Single Family | 1,411 | B |
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| 7208 E 51st Ter | Single Family | 1,411 | B |
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| 7228 E 51st Ter | Single Family | 1,411 | B |
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| 7204 E 51st Ter | Single Family | 1,275 | B |
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| 5107 E 72nd St | Single Family | 2,624 | B |
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| 7224 E 54th Ter | Single Family | 1,275 | B |
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| 7216 E 54th Ter | Single Family | 1,275 | 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 78 of all properties in this area. This suggests it would appeal to someone earning around $117,127 per year who should qualify for a mortgage between $234,254 and $292,818.
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 78 of all properties in this area. This corresponds to a rent of $1,426 per month and a monthly household income of $4,824 ($57,888 per year)
Nearby Companies
7227 53rd Place E
7228 53rd Pl E