4799 S Atlantic Ave, Ponce Inlet
Volusia County Real Estate - New Smyrna Beach
New Smyrna Beach is in East Central Florida. It's population as recorded in the 2010 Census was 22,464. New Smyrna Beach is approximately 43 miles from Orlando (population 238,300) and around 22 miles from Deltona (population 85,182).
The median age for residents of New Smyrna Beach is 54.3. Around 16.7% of New Smyrna Beach households include school aged children and 45% of households include individuals aged 65 years or over. Census records indicate 90.8% of the New Smyrna Beach population are White, 5.8% are Black or African American, .2% American Indian, 1.1% Asian and 1.3% are Two or more Races.
There are 16,847 housing units in New Smyrna Beach. 5,773 (34.2%) of these were reported as vacant in the 2010 Census. New Smyrna Beach is a tourist destination, 64.8% (3,743) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 4,260 residential rental units in New Smyrna Beach. 3,187 of them were occupied in 2010 providing a residential rental vacancy rate of 24.4%.
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Volusia County
Volusia County is located in the East Central Florida region, along with Brevard, Orange, Sumter, Seminole, Lake, and Osceola counties. Volusia County cities and towns include Daytona Beach, DeBary, DeLand, Deltona, Holly Hill, New Smyrna Beach, Orange City, Ormond Beach, and Port Orange.
Top industries for Volusia County are education & health services, retail trade, leisure & hospitality, and professional & business services. Top private sector employers include Florida Hospital, Halifax Health, Wal-Mart, Publix Supermarkets, and Embry-Riddle Aeronautical University. Public sector employers include Volusia County School Board, County of Volusia, Florida state government, Daytona State College, and US government.
Volusia County is home to Daytona Beach and the Daytona International Speedway, which hosts NASCAR's most prestigious race, the Daytona 500. Daytona Beach is also a popular tourist destination owing to its beaches and the races at its speedway. Daytona is home to the headquarters for NASCAR and the LPGA. Daytona features several golf courses.
The largest city in Volusia County in Deltona, which is a bedroom community for Orlando. Though it was originally a planned community for retirees, the city is now a quarter Hispanic and much younger.
Neighboring Properties
Local Household Income
The median household income in this part of Florida is $54,257. The bottom 10% of the population earn less than $18,408 per year. The top 10% earn more than $130,779 per year. The top 1% earn more than $434,552 per year. Most renters earn between $26,424 (20th percentile) and $46,884 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $108,514 and $135,643.
The tax assessed value of this property places it in percentile 74 of all properties in this area. This suggests it would appeal to someone earning around $84,029 per year who should qualify for a mortgage between $168,058 and $210,073.
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 $877. Most renters earn between $2,202 and $3,907 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $648 (20th percentile) to $1,189 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 74 of all properties in this area. This corresponds to a rent of $1,099 per month and a monthly household income of $3,554 ($42,648 per year)
Nearby Companies
4799 South Atlantic Ave