5925 Olive Rd, Sebring
Highlands County Real Estate - Sebring
Sebring is in South Central Florida. It's population as recorded in the 2010 Census was 10,491. Sebring is approximately 49 miles from Lakeland (population 97,422) and around 40 miles from Winter Haven (population 33,874).
The median age for residents of Sebring is 47.3. Around 23.3% of Sebring households include school aged children and 44% of households include individuals aged 65 years or over. Census records indicate 75.9% of the Sebring population are White, 14.7% are Black or African American, .7% American Indian, 1.3% Asian and 2.6% are Two or more Races.
There are 5,623 housing units in Sebring. 1,183 (21%) of these were reported as vacant in the 2010 Census. Sebring is a tourist destination, 27.1% (321) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 2,562 residential rental units in Sebring. 2,095 of them were occupied in 2010 providing a residential rental vacancy rate of 17.9%.
Sebring 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 | |
|---|---|---|---|---|
| 5931 Olive Rd | Single Family | 1,449 | B |
 |
| 5919 Olive Rd | Vacant Residential | 0 | L | |
| 5937 Olive Rd | Vacant Residential | 0 | L | |
| 5913 Olive Rd | Vacant Residential | 0 | L | |
| 5926 Canopy Rd | Miscellaneous Residential (migrant camp or boarding home.) | 0 | L | |
| 1925 Oleaster Ave | Single Family | 3,719 | B |
|
| 5932 Canopy Rd | Vacant Residential | 0 | L | |
| 5920 Canopy Rd | Vacant Residential | 0 | L | |
| 2002 Petunia Ave | Vacant Residential | 0 | L | |
| 5938 Canopy Rd | Vacant Residential | 0 | L | |
| 5914 Canopy Rd | Vacant Residential | 0 | L | |
| 5936 Olive Rd | Single Family | 1,111 | B |
|
| 5907 Olive Rd | Single Family | 1,807 | B |
|
| 2020 Petunia Ave | Vacant Residential | 0 | L | |
| 5914 Olive Rd | 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.
The tax assessed value of this property places it in percentile 77 of all properties in this area. This suggests it would appeal to someone earning around $75,404 per year who should qualify for a mortgage between $150,808 and $188,510.
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%.
This property falls in percentile 77 of all properties in this area. This corresponds to a rent of $971 per month and a monthly household income of $3,174 ($38,088 per year)
Nearby Companies
5925 Olive Rd
5925 Olive Rd