808 E 53rd Ave Unit 162, Bradenton
Manatee County Real Estate - Oneco
Oneco is in the Tampa Bay region of Florida. Oneco is approximately 35 miles from Tampa (population 335,709) and around 23 miles from Saint Petersburg (population 244,769).
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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
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 24 of all properties in this area. This suggests it would appeal to someone earning around $37,448 per year who should qualify for a mortgage between $74,896 and $93,620.
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 24 of all properties in this area. This corresponds to a rent of $732 per month and a monthly household income of $2,562 ($30,744 per year)