430 Lake Ruth Dr, Longwood
Seminole County Real Estate - Longwood
Longwood is in East Central Florida. It's population as recorded in the 2010 Census was 13,657. Longwood is approximately 12 miles from Orlando (population 238,300) and around 14 miles from Deltona (population 85,182).
The median age for residents of Longwood is 42. Around 32.6% of Longwood households include school aged children and 28.3% of households include individuals aged 65 years or over. Census records indicate 85.4% of the Longwood population are White, 5.1% are Black or African American, .4% American Indian, 3.3% Asian and 2.5% are Two or more Races.
There are 5,680 housing units in Longwood. 436 (7.6%) of these were reported as vacant in the 2010 Census. There are 1,682 residential rental units in Longwood. 1,510 of them were occupied in 2010 providing a residential rental vacancy rate of 10%.
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Seminole County
Seminole County is located in the East Central Florida region, along with Brevard, Orange, Volusia, Sumter, Lake, and Osceola County. Cities in Seminole County include Altamonte Springs, Casselberry, Lake Mary, Longwood, Oviedo, Sanford, and Winter Springs. Seminole County?s population is over 420,000 despite being one of the geographically smallest counties in Florida.
Seminole County's major industries include agri-technology, aviation & aerospace, clean technology, and information technology. Top public sector employers in Seminole County are Seminole County Public Schools, Seminole State College of Florida, Seminole County Government, and Seminole County Sheriff Department. The largest private sector employers are Convergys, Florida Hospital, Chase Bankcard Services, Orlando Regional Healthcare, and American Automobile Association.
Known as the Historic Waterfront Gateway City because of its location at the confluence of Lake Monroe and the St. Johns River, Sanford is the seat of Seminole County. Historically a transportation hub for the production of nearby agriculture, Sanford was once known as "Celery City". Home to over 50,000, the city's economy is driven by the service industries and construction. The city's waterfront marinas are still home to commercial craft, but they also host plenty of recreational boats.
AAA (American Automobile Association) is headquartered in the unincorporated Seminole County community of Heathrow.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 420 Lake Ruth Dr | Single Family | 1,130 | C |
 |
| 440 Lake Ruth Dr | Single Family | 2,015 | C |
|
| 431 Lake Ruth Dr | Single Family | 2,157 | C |
|
| 429 Lake Ruth Dr | Single Family | 1,196 | C |
|
| 439 Lake Ruth Dr | Single Family | 1,961 | C |
|
| 450 Lake Ruth Dr | Single Family | 1,554 | C |
|
| Lake Ruth Dr | Vacant Residential | 0 | L | |
| 1595 N 427 | Single Family | 864 | C |
|
| 1620 N 427 | Community Shopping Center | 38,420 | C |
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| 1777 N Ronald Reagan Blvd | Light manufacturing | 9,200 | B |
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| 461 Lake Ruth Dr | Single Family | 925 | C |
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Local Household Income
The median household income in this part of Florida is $68,144. The bottom 10% of the population earn less than $19,864 per year. The top 10% earn more than $173,484 per year. The top 1% earn more than $407,050 per year. Most renters earn between $28,680 (20th percentile) and $49,980 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $136,288 and $170,360.
The tax assessed value of this property places it in percentile 80 of all properties in this area. This suggests it would appeal to someone earning around $126,606 per year who should qualify for a mortgage between $253,212 and $316,515.
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 $987. Most renters earn between $2,390 and $4,165 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $711 (20th percentile) to $1,389 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 80 of all properties in this area. This corresponds to a rent of $1,389 per month and a monthly household income of $4,165 ($49,980 per year)
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