555 Branchwood Ave, 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 | |
|---|---|---|---|---|
| 806 Durmon Ave | Vacant Residential | 0 | L | |
| 808 Durmon Ave | Vacant Residential | 0 | L | |
| 549 Branchwood Ave | Vacant Residential | 0 | L | |
| 804 Durmon Ave | Vacant Residential | 0 | L | |
| 554 Branchwood Ave | Vacant Residential | 0 | L | |
| 810 Durmon Ave | Vacant Residential | 0 | L | |
| 552 Branchwood Ave | Vacant Residential | 0 | L | |
| 661 Branchwood Ave | Vacant Residential | 0 | L | |
| 802 Durmon Ave | Vacant Residential | 0 | L | |
| 550 Branchwood Ave | Vacant Residential | 0 | L | |
| 547 Branchwood Ave | Vacant Residential | 0 | L | |
| 812 Durmon Ave | Vacant Residential | 0 | L | |
| 660 Branchwood Ave | Vacant Residential | 0 | L | |
| 339 Merita Rd Nw | Vacant Residential | 0 | L | |
| 548 Branchwood Ave | Vacant Residential | 0 | L | |
| 800 Durmon Ave | Vacant Residential | 0 | L | |
| 815 Durmon Ave | Vacant Residential | 0 | L | |
| 817 Durmon Ave | Vacant Residential | 0 | L | |
| 813 Durmon Ave | Vacant Residential | 0 | L | |
| 545 Branchwood Ave | Vacant Residential | 0 | L | |
| 100 Eva Ave Nw | Vacant Residential | 0 | L | |
| 745 Star Fruit Ave | Vacant Residential | 0 | L | |
| 102 Eva Ave Nw | Single Family | 1,038 | C |
 |
| 819 Durmon Ave | Vacant Residential | 0 | L | |
| 340 Merita Rd Nw | Vacant Residential | 0 | L | |
| 743 Star Fruit Ave | Vacant Residential | 0 | L | |
| 821 Durmon Ave | Vacant Residential | 0 | L | |
| 798 Durmon Ave | Vacant Residential | 0 | L | |
| 335 Merita Rd Nw | Vacant Residential | 0 | L | |
| 333 Merita Rd Nw | Vacant Residential | 0 | L | |
| 543 Branchwood Ave | Vacant Residential | 0 | L | |
| 741 Star Fruit Ave | Single Family | 1,243 | B |
|
| 823 Durmon Ave | Vacant Residential | 0 | L | |
| 338 Merita Rd Nw | Vacant Residential | 0 | L | |
| 328 Adam Rd Nw | Single Family | 2,259 | B |
|
| 542 Branchwood Ave | Vacant Residential | 0 | L | |
| 544 Branchwood Ave | Vacant Residential | 0 | L | |
| 208 Eva Ave Nw | Vacant Residential | 0 | L | |
| 226 Prince Ave Nw | Vacant Residential | 0 | L | |
| 739 Star Fruit Ave | Vacant Residential | 0 | L | |
| 101 Eva Ave Nw | Vacant Residential | 0 | L | |
| 825 Durmon Ave | Vacant Residential | 0 | L | |
| 539 Branchwood Ave | Vacant Residential | 0 | L | |
| 103 Eva Ave Nw | Vacant Residential | 0 | L | |
| 324 Adam Rd Nw | 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%.