7505 Oak Tree Ln, Spring Hill
Spring Hill is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 98,621.
The median age for residents of Spring Hill is 44.3. Around 29.7% of Spring Hill households include school aged children and 39.3% of households include individuals aged 65 years or over. Census records indicate 88.1% of the Spring Hill population are White, 5.1% are Black or African American, .3% American Indian, 1.4% Asian and 2.4% are Two or more Races.
There are 44,435 housing units in Spring Hill. 5,357 (12%) of these were reported as vacant in the 2010 Census. There are 9,306 residential rental units in Spring Hill. 8,303 of them were occupied in 2010 providing a residential rental vacancy rate of 10.2%.
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Pasco County
Pasco County is part of the Tampa Bay region of Florida, along with Manatee, Polk, Hillsborough, Pinellas, Hernando, Citrus and Sarasota counties. Pasco County lists agri-business, logistics, defense, and medical/biomedical/life sciences as its targeted industries. Pasco County's largest public sector employers are Pasco County School District, Pasco County Government, Pasco County Sheriff, State of Florida, and the Federal Government. Main private sector employers are Pall Aeropower Corporation; Zephyrhills Spring Water Co; VLOC, Subsidiary of II-VI, Inc; Zephy Egg LLC, and Preferred Materials, Inc. Pasco County cities include Aripeka, Bayonet Point, Crystal Springs, Dade City (County Seat), Elfers, Gulf Harbors, Holiday, Hudson, Lacoochee, New Port Richey, Odessa, Port Richey, San Antonio, Trinity, and Zephyrhills.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 7497 Oak Tree Ln | Single Family | 3,464 | A |
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| 7513 Oak Tree Ln | Single Family | 4,426 | A |
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| 4676 Lake In The Woods Dr | Single Family | 5,128 | A |
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| 4664 Lake In The Woods Dr | Sewage disposal, solid waste, borrow pit, drainage reservoir, waste land, marsh, sand dune or swamp | 0 | L | |
| 7504 Oak Tree Ln | Single Family | 5,446 | A |
|
| 5017 Cumberland Ln | Single Family | 4,320 | A |
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| 7489 Oak Tree Ln | Single Family | 4,312 | A |
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| 4684 Lake In The Woods Dr | Single Family | 4,087 | A |
|
| 7512 Oak Tree Ln | Single Family | 4,289 | A |
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| 7496 Oak Tree Ln | Single Family | 4,210 | A |
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| 4660 Lake In The Woods Dr | Single Family | 5,548 | A |
|
| 5025 Cumberland Ln | Single Family | 4,680 | B |
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| 7488 Oak Tree Ln | Single Family | 4,044 | B |
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| 7487 Oak Tree Ln | Single Family | 4,380 | B |
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| 4667 Lake In The Woods Dr | Single Family | 4,733 | A |
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| 7180 Royal Oak Dr | Single Family | 3,204 | B |
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| 5018 Cumberland Ln | Single Family | 3,327 | B |
|
| 4683 Lake In The Woods Dr | Single Family | 3,435 | B |
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| 5012 Cumberland Ln | Single Family | 4,074 | B |
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| 7192 Royal Oak Dr | Single Family | 4,627 | B |
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| 4652 Lake In The Woods Dr | Single Family | 3,614 | A |
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| 5022 Cumberland Ln | Single Family | 3,723 | A |
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| 7480 Oak Tree Ln | Single Family | 4,753 | A |
|
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 92 of all properties in this area. This suggests it would appeal to someone earning around $120,905 per year who should qualify for a mortgage between $241,810 and $302,263.
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 92 of all properties in this area. This corresponds to a rent of $1,341 per month and a monthly household income of $4,315 ($51,780 per year)
Nearby Companies
5012 Cumberland Ln