11570 Sw 140th Ave, Dunnellon
Citrus County Real Estate - Dunnellon
Dunnellon is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 1,733. Dunnellon is approximately 22 miles from Ocala (population 56,315) and around 29 miles from The Villages (population 51,442).
The median age for residents of Dunnellon is 55.2. Around 18.3% of Dunnellon households include school aged children and 51.9% of households include individuals aged 65 years or over. Census records indicate 88% of the Dunnellon population are White, 9.1% are Black or African American, .1% American Indian, .6% Asian and 1% are Two or more Races.
There are 1,164 housing units in Dunnellon. 286 (24.5%) of these were reported as vacant in the 2010 Census. Dunnellon is a tourist destination, 37% (106) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 332 residential rental units in Dunnellon. 266 of them were occupied in 2010 providing a residential rental vacancy rate of 18.1%.
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Citrus County
Citrus County is located in the Tampa Bay region of Florida, along with Manatee, Polk, Hillsborough, Pinellas, Pasco, Hernando, and Sarasota counties. Main industries in Citrus County include educational, health, and social services; retail trade; construction; and arts, entertainment, recreation, accommodation and food services. Citrus County is home to Crystal River and Homosassa Springs and is the only place in the United States where you can legally swim and interact with manatees.
Citrus County's top five major employers are Citrus County School Board, Citrus memorial Hospital, progress Energy, Seven Rivers Community Hospital, and Citrus County Sheriff's Department. More than 80% of the businesses in Citrus County are small businesses.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 14135 Sw Hwy 484 | Single Family | 2,292 | B |
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| 14157 Sw Hwy 484 | Single Family | 728 | B |
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| 14165 Sw Hwy 484 | Single Family | 1,400 | B |
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Local Household Income
The median household income in this part of Florida is $47,461. The bottom 10% of the population earn less than $17,218 per year. The top 10% earn more than $107,570 per year. The top 1% earn more than $332,268 per year. Most renters earn between $22,872 (20th percentile) and $40,056 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $94,922 and $118,653.
The tax assessed value of this property places it in percentile 99 of all properties in this area. This suggests it would appeal to someone earning around $332,268 per year who should qualify for a mortgage between $664,536 and $830,670.
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 $819. Most renters earn between $1,906 and $3,338 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $592 (20th percentile) to $1,056 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 99 of all properties in this area. This corresponds to a rent of $1,985 per month and a monthly household income of $5,942 ($71,304 per year)