Clay County Real Estate - Penney Farms

Penney Farms is in North Eastern Florida. It's population as recorded in the 2010 Census was 749. Penney Farms is approximately 26 miles from Jacksonville (population 821,784) and around 10 miles from Fleming Island (population 27,126).

The median age for residents of Penney Farms is 80.7. Around 3.9% of Penney Farms households include school aged children and 87.2% of households include individuals aged 65 years or over. Census records indicate 90.3% of the Penney Farms population are White, 6.5% are Black or African American, 0% American Indian, .9% Asian and 1.4% are Two or more Races.

There are 447 housing units in Penney Farms. 39 (8.7%) of these were reported as vacant in the 2010 Census. There are 335 residential rental units in Penney Farms. 322 of them were occupied in 2010 providing a residential rental vacancy rate of 3.3%.

Penney Farms links:

Clay County

Clay County is part of the Northeast Florida region, along with Baker, Duval, Nassau, Putnam, St John's, and Flagler counties. Clay County contains the following cities and towns: Green Cove Springs, Keystone Heights, Orange Park, and Penney Farms. The county is home to over 190,000 people.

The largest industries by employment are trade, transportation and utilities; education and health services; and leisure and hospitality. Major private sector employers are Orange Park Medical Center, HA Patient Account Services, AT&T, Clay Electric Cooperative, and Challenge Enterprises. Top public sector employers are School District of Clay County, Clay County Sheriff Office, Municipal Police Departments, and Florida Department of Military Affairs.

Clay County has many outdoor recreational options, including Jennings State Forest and Belmore State Forest, which feature hiking, canoeing, horseback riding, and bicycling. Abundant wildlife gives ample opportunities for viewing, hunting, and fishing. The Bayard Conservation Area, on the west bank of the St. Johns River, provide similar opportunities. The north-central portion of the county, adjacent to the Westside neighborhood of Jacksonville, is the Branan Field Mitigation Park Wildlife and Environmental Area, a wildlife conservation zone specifically focused on gopher tortoises. At Branan, visitors can hike and view wildlife.

Clay County hosts Camp Blanding Joint Training Center, the primary training facility for Florida National Guard formations. This, combined with the presence of multiple major military bases in Jacksonville just to the north, means that Clay County is a popular location for defense contractors, including Aero-Hose Corporation and Wyle Laboratory. The county also hosts advanced manufacturing firms, including VAC-CON, Alternate Energy Technologies, and Harris Lighting.

A campus of St. Johns River State College is located in Orange Park, which is in northeastern Clay County. The town also hosts a campus of Evergreen University. Orange Park is a suburb of Jacksonville, located just over five miles away from Naval Air Station Jacksonville. A satellite campus of Embry-Riddle Aeronautical University is located across the lake in Fleming Island.

Neighboring Properties

AddressTypeSq FtClass 
3379 Citation Dr Single Family 1,677 B
3371 Citation Dr Single Family 2,083 B
3423 Citation Dr Single Family 1,843 B
3367 Citation Dr Single Family 1,754 B
3419 Citation Dr Single Family 2,192 B
3383 Citation Dr Single Family 1,720 B
3427 Citation Dr Single Family 2,009 B
3376 Citation Dr Single Family 1,546 B
3401 Citation Dr Single Family 1,660 B
3380 Citation Dr Single Family 2,138 B
3372 Citation Dr Single Family 1,712 B
3361 Citation Dr Single Family 1,933 B
3405 Citation Dr Single Family 2,359 B
3431 Citation Dr Single Family 2,188 B
3384 Citation Dr Single Family 1,637 B
3368 Citation Dr Single Family 3,225 B
3241 Silverado Cir Single Family 2,702 B
3245 Silverado Cir Single Family 2,487 B
3357 Citation Dr Single Family 1,552 B
3237 Silverado Cir Single Family 2,487 B
3364 Citation Dr Single Family 1,731 B
3249 Silverado Cir Single Family 2,274 B
3435 Citation Dr Single Family 2,509 B
3388 Citation Dr Single Family 2,177 B
3396 Citation Dr Single Family 1,723 B
3233 Silverado Cir Single Family 3,224 B
3400 Citation Dr Single Family 2,114 B
3424 Citation Dr Single Family 1,743 B
3253 Silverado Cir Single Family 2,487 B
3420 Citation Dr Single Family 1,996 B
3392 Citation Dr Single Family 2,434 B
3404 Citation Dr Single Family 2,118 B
3436 Citation Dr Single Family 1,703 B
3353 Citation Dr Single Family 1,726 B
3360 Citation Dr Single Family 1,631 B
3229 Silverado Cir Single Family 2,487 B
3257 Silverado Cir Single Family 2,857 B
3416 Citation Dr Single Family 2,999 B
2731 Fabius Ct Single Family 1,582 B
3439 Citation Dr Single Family 2,347 B
3225 Silverado Cir Single Family 2,913 B
3261 Silverado Cir Single Family 2,487 B
3408 Citation Dr Single Family 2,389 B
3349 Citation Dr Single Family 1,726 B
3412 Citation Dr Single Family 2,115 B
2936 Seans Ct Single Family 1,411 B
2938 Seans Ct Single Family 1,478 B
2868 Decidely St Single Family 1,719 B
2939 Jessicas Ct Single Family 1,600 B

Local Household Income

The median household income in this part of Florida is $68,898. The bottom 10% of the population earn less than $24,181 per year. The top 10% earn more than $151,469 per year. The top 1% earn more than $416,719 per year. Most renters earn between $34,068 (20th percentile) and $61,332 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $137,796 and $172,245.

The tax assessed value of this property places it in percentile 43 of all properties in this area. This suggests it would appeal to someone earning around $60,932 per year who should qualify for a mortgage between $121,864 and $152,330.

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 $988. Most renters earn between $2,839 and $5,111 per month. They typically spend 29% of their monthly income on rent. Most rents fall in the $746 (20th percentile) to $1,338 (80th percentile) range. The residential vacancy rate is 4%.

This property falls in percentile 43 of all properties in this area. This corresponds to a rent of $926 per month and a monthly household income of $3,578 ($42,936 per year)

Nearby Companies

Prestige Concrete Inc
2731 Fabius Ct
Disclaimers and Disclosures

Public Records Data

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