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Local Household Income

The median household income in this part of Florida is $70,342. The bottom 10% of the population earn less than $22,794 per year. The top 10% earn more than $160,394 per year. The top 1% earn more than $421,659 per year. Most renters earn between $33,264 (20th percentile) and $54,444 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $140,684 and $175,855.

The tax assessed value of this property places it in percentile 64 of all properties in this area. This suggests it would appeal to someone earning around $90,679 per year who should qualify for a mortgage between $181,358 and $226,698.

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 $1,025. Most renters earn between $2,772 and $4,537 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $782 (20th percentile) to $1,362 (80th percentile) range. The residential vacancy rate is 5%.

This property falls in percentile 64 of all properties in this area. This corresponds to a rent of $1,161 per month and a monthly household income of $3,959 ($47,508 per year)

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