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Local Household Income

The median household income in this part of Florida is $49,931. The bottom 10% of the population earn less than $17,934 per year. The top 10% earn more than $110,734 per year. The top 1% earn more than $374,377 per year. Most renters earn between $25,476 (20th percentile) and $41,244 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $99,862 and $124,828.

The tax assessed value of this property places it in percentile 40 of all properties in this area. This suggests it would appeal to someone earning around $42,317 per year who should qualify for a mortgage between $84,634 and $105,793.

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 $873. Most renters earn between $2,123 and $3,437 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $665 (20th percentile) to $1,123 (80th percentile) range. The residential vacancy rate is 5%.

This property falls in percentile 40 of all properties in this area. This corresponds to a rent of $797 per month and a monthly household income of $2,574 ($30,888 per year)