Collier County Real Estate - Immokalee

Immokalee is in South West Florida. It's population as recorded in the 2010 Census was 24,154. Immokalee is approximately 34 miles from Cape Coral (population 154,305) and around 19 miles from Lehigh Acres (population 86,784).

The median age for residents of Immokalee is 26.6. Around 58.3% of Immokalee households include school aged children and 17.2% of households include individuals aged 65 years or over. Census records indicate 43.1% of the Immokalee population are White, 18.8% are Black or African American, 1% American Indian, .1% Asian and 4% are Two or more Races. Immokalee has a significant Hispanic population. 75.6% (18,267) of Immokalee residents are of Hispanic or Latino origin. Of these 86.02% are of Mexican origin, 1.93% Puerto Rican, .44% Cuban and 11.58% are of other Hispanic or Latino origin.

There are 6,816 housing units in Immokalee. 1,021 (14.9%) of these were reported as vacant in the 2010 Census. There are 4,258 residential rental units in Immokalee. 3,518 of them were occupied in 2010 providing a residential rental vacancy rate of 16.1%.

Immokalee links:

Collier County

Collier County is part of the southwest region of Florida, along with Lee and Charlotte counties. Collier County is Florida's largest county in area, though much of that territory is within Everglades National Park and Big Cypress National Preserve. Cities and towns in Collier County include Everglades City, Marco Island, and Naples. Collier County has a population over 300,000.

The major employment industries in Collier County are trade, transportation, and utilities; leisure & hospitality; and education and health services. Major private sector employers for Collier County are Wal-Mart, Marriott, Fifth Third Bank, Naples Grande Resort, and Barron Collier Partnership. Top public sector employers include Collier County Public Schools, Collier County Government, and Collier County Sheriff's Department.

Collier County is the site of the first oil well dug in the state of Florida. According to the U.S. Department of Housing and Urban Development (HUD), Collier County was one of the communities in the nation most impacted by the foreclosure crisis of 2008, but it is slowly picking back up again. The coastal areas in the western portion of the county are the centers of population, while interior areas are more devoted to agriculture.

One of the ten wealthiest cities in the U.S. per capita, the county seat of Naples is home for around 20,000. The city?s population is heavy on retirees, with half of residents over the age of 62. Nonetheless, the city has a strong economy and is the headquarters for about 10,000 businesses, including ASG Software Solutions, Beasley Broadcast Group, and Newsbank.

Marco Island is located off the mainland coast. Nearly half of the 16,000 residents are over 65. The developed island is a tourist destination.

Neighboring Properties

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Local Household Income

The median household income in this part of Florida is $44,029. The bottom 10% of the population earn less than $15,516 per year. The top 10% earn more than $109,632 per year. The top 1% earn more than $372,033 per year. Most renters earn between $21,636 (20th percentile) and $39,204 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $88,058 and $110,073.

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 $727. Most renters earn between $1,803 and $3,267 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $494 (20th percentile) to $1,009 (80th percentile) range. The residential vacancy rate is 11%.

Disclaimers and Disclosures

Public Records Data

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