330 Merita Rd Nw, 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 | |
|---|---|---|---|---|
| 228 Merita Rd Nw | Vacant Residential | 0 | L | |
| 332 Merita Rd Nw | Vacant Residential | 0 | L | |
| 889 Lake Groves Rd Nw | Vacant Residential | 0 | L | |
| 885 Lake Groves Rd Nw | Vacant Residential | 0 | L | |
| 226 Merita Rd Nw | Vacant Residential | 0 | L | |
| 334 Merita Rd Nw | Vacant Residential | 0 | L | |
| 893 Lake Groves Rd Nw | County Owned | 0 | L | |
| 333 Merita Rd Nw | Vacant Residential | 0 | L | |
| 335 Merita Rd Nw | Vacant Residential | 0 | L | |
| 746 Star Fruit Ave | Vacant Residential | 0 | L | |
| 877 Lake Groves Rd Nw | Vacant Residential | 0 | L | |
| 224 Merita Rd Nw | Vacant Residential | 0 | L | |
| 897 Lake Groves Rd Nw | Vacant Residential | 0 | L | |
| 336 Merita Rd Nw | Vacant Residential | 0 | L | |
| 745 Star Fruit Ave | Vacant Residential | 0 | L | |
| 742 Star Fruit Ave | Single Family | 2,121 | B |
 |
| 901 Lake Groves Rd Nw | Vacant Residential | 0 | L | |
| 339 Merita Rd Nw | Vacant Residential | 0 | L | |
| 220 Merita Rd Nw | Vacant Residential | 0 | L | |
| 221 Merita Rd Nw | Vacant Residential | 0 | L | |
| 338 Merita Rd Nw | Vacant Residential | 0 | L | |
| 873 Lake Groves Rd Nw | Vacant Residential | 0 | L | |
| 743 Star Fruit Ave | Vacant Residential | 0 | L | |
| 340 Merita Rd Nw | Vacant Residential | 0 | L | |
| 316 Eva Ave Nw | Vacant Residential | 0 | L | |
| 120 Merita Rd Nw | Vacant Residential | 0 | L | |
| 314 Eva Ave Nw | Vacant Residential | 0 | L | |
| 554 Branchwood Ave | Vacant Residential | 0 | L | |
| 740 Star Fruit Ave | Single Family | 0 | B | |
| 552 Branchwood Ave | Vacant Residential | 0 | L | |
| 741 Star Fruit Ave | Single Family | 1,243 | B |
|
| 113 Herman Ave Nw | Vacant Residential | 0 | L | |
| 865 Lake Groves Rd Nw | Vacant Residential | 0 | L | |
| 550 Branchwood Ave | Vacant Residential | 0 | L | |
| 660 Branchwood Ave | Vacant Residential | 0 | L | |
| 208 Eva Ave Nw | Vacant Residential | 0 | L | |
| 118 Merita 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%.