16381 Cherokee Rd, Brooksville
Hernando County Real Estate - Istachatta
Istachatta is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 116. Istachatta is approximately 20 miles from Spring Hill (population 98,621) and around 25 miles from The Villages (population 51,442).
The median age for residents of Istachatta is 50. Around 28.8% of Istachatta households include school aged children and 36.5% of households include individuals aged 65 years or over. Census records indicate 92.2% of the Istachatta population are White, 3.4% are Black or African American, .8% American Indian, .8% Asian and 0% are Two or more Races.
There are 86 housing units in Istachatta. 34 (39.5%) of these were reported as vacant in the 2010 Census. Istachatta is a tourist destination, 50% (17) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 21 residential rental units in Istachatta. 15 of them were occupied in 2010 providing a residential rental vacancy rate of 28.6%.
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Hernando County
Hernando County is in the Tampa bay region of Florida, along with Manatee, Polk, Hillsborough, Pinellas, Pasco, Citrus and Sarasota counties. The major industries in Hernando County are Distribution, Healthcare, Cement Production, Manufacturing, Mining, Tourism, Dairy/Cattle Production, Citrus Production, Forest Resources, and Construction.
Hernando County is home to the largest (truck-to-truck) Wal-Mart Distribution Center in the U.S, making Wal-Mart the county's largest employer. Other major employers in Hernando County include Oak Hill Hospital, Spring Hill & Brooksville Regional Hospitals, Sparton Electronics, and Florida Crushed Stone. Public Sector employers are Hernando County School Board, Hernando County Government, and Southwest Florida Water District. Cities and census designated places in Hernando County include Brooksville, Weeki Wachee, Bayport, Brookridge, Spring Hill, and Spring Lakes.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| Cherokee Rd | Vacant Residential | 0 | L | |
| 16397 Cherokee Rd | Mobile Home | 1,150 | B |
 |
| 16361 Cherokee Rd | Mobile Home | 1,398 | B |
|
| 26188 Whipperwill St | Single Family | 3,960 | B |
|
| 26176 Whipperwill St | Mobile Home | 1,393 | B |
|
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 84 of all properties in this area. This suggests it would appeal to someone earning around $92,264 per year who should qualify for a mortgage between $184,528 and $230,660.
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 84 of all properties in this area. This corresponds to a rent of $1,172 per month and a monthly household income of $3,645 ($43,740 per year)
Nearby Companies
16362 Cherokee Rd
16396 Cherokee Rd
16381 Cherokee Rd
16381 Cherokee Rd