945 Durrance Rd, Lake Placid
Highlands County Real Estate - Lake Placid
Lake Placid is in South Central Florida. It's population as recorded in the 2010 Census was 2,223. Lake Placid is approximately 49 miles from Lehigh Acres (population 86,784) and around 50 miles from Port Charlotte (population 54,392).
The median age for residents of Lake Placid is 34.4. Around 33.7% of Lake Placid households include school aged children and 38.4% of households include individuals aged 65 years or over. Census records indicate 69.5% of the Lake Placid population are White, 7.1% are Black or African American, .4% American Indian, 1.1% Asian and 2.6% are Two or more Races. Lake Placid has a significant Hispanic population. 46% (1,024) of Lake Placid residents are of Hispanic or Latino origin. Of these 84.66% are of Mexican origin, 5.56% Puerto Rican, 2.53% Cuban and 7.22% are of other Hispanic or Latino origin.
There are 1,040 housing units in Lake Placid. 199 (19.1%) of these were reported as vacant in the 2010 Census. There are 571 residential rental units in Lake Placid. 472 of them were occupied in 2010 providing a residential rental vacancy rate of 16.3%.
Lake Placid links:
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Highlands County
Highlands County is located in the south central Florida region, along with Desoto, Hendry, Glades, Okeechobee, and Hardee counties. The largest industries providing employment are education & health services, natural resources & mining, trade & transportation, and government. Major private sector employers for Highlands County are Florida Hospital Heartland Division, Highlands Regional Medical Center, Cross Country Automotive Services, Wal-Mart Sebring, and Medical Data Systems. Top public sector employers are Highlands County School Board and Highlands County Board of Commissioners. Incorporated cities and towns include Avon Park, Lake Placid, and Sebring (county seat)
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 943 Durrance Rd | Vacant Residential | 0 | L | |
| 947 Durrance Rd | Vacant Residential | 0 | L | |
| 941 Durrance Rd | Vacant Residential | 0 | L | |
| 3400 Flowering Spring Ave | Vacant Residential | 0 | L | |
| 3401 Elmhurst Dr | Vacant Residential | 0 | L | |
| 939 Durrance Rd | Vacant Residential | 0 | L | |
| 960 Fair Oaks St | Vacant Residential | 0 | L | |
| 3357 Elmbrook Dr | Vacant Residential | 0 | L | |
| 3358 Elmbrook Dr | State Owned | 0 | L | |
| 953 Durrance Rd | Vacant Residential | 0 | L | |
| 3356 Elmbrook Dr | Vacant Residential | 0 | L | |
| 3355 Elmbrook Dr | Vacant Residential | 0 | L | |
| 3354 Forsythia Ave | Vacant Residential | 0 | L | |
| 3357 Forsythia Ave | Vacant Residential | 0 | L | |
| 3403 Flowering Spring Ave | State Owned | 0 | L | |
| 3359 Pine Tulip Rd | Vacant Residential | 0 | L | |
| 944 Fairdale St | Vacant Residential | 0 | L | |
| 957 Durrance Rd | State Owned | 0 | L | |
| 964 Fair Oaks St | State Owned | 0 | L | |
| 3407 Elmhurst Dr | Vacant Residential | 0 | L | |
| 3400 Lake June Blvd | Vacant Residential | 0 | L | |
| 3354 Elmbrook Dr | Vacant Residential | 0 | L | |
| 3355 Forsythia Ave | State Owned | 0 | L | |
| 3405 Flowering Spring Ave | State Owned | 0 | L | |
| 3353 Elmbrook Dr | Vacant Residential | 0 | L | |
| 3357 Pine Tulip Rd | Vacant Residential | 0 | L | |
| 3356 Lake June Blvd | State Owned | 0 | L | |
| 3408 Flowering Spring Ave | Vacant Residential | 0 | L | |
| 3402 Lake June Blvd | Vacant Residential | 0 | L |
Local Household Income
The median household income in this part of Florida is $44,029. The bottom 10% of the population earn less than $15,516 per year. The top 10% earn more than $109,632 per year. The top 1% earn more than $372,033 per year. Most renters earn between $21,636 (20th percentile) and $39,204 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $88,058 and $110,073.
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 $727. Most renters earn between $1,803 and $3,267 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $494 (20th percentile) to $1,009 (80th percentile) range. The residential vacancy rate is 11%.