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:

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

AddressTypeSq FtClass 
1615 Buck St Single Family 1,309 B
1619 Buck St Single Family 1,165 B
1614 Pinetop Ter Vacant Residential 0 L
1618 Pinetop Ter Single Family 3,159 B
1613 Buck St Single Family 1,309 B
1621 Buck St Single Family 1,333 B
1612 Pinetop Ter Single Family 1,468 B
1616 Buck St Vacant Residential 0 L
1614 Buck St Single Family 1,236 B
1618 Buck St Single Family 1,296 B
1623 Buck St Single Family 1,460 B
1612 Buck St Single Family 1,894 B
1610 Pinetop Ter Vacant Residential 0 L
1640 Oak Ave Single Family 1,572 B
1611 Buck St Single Family 1,891 B
1620 Buck St Miscellaneous Residential (migrant camp or boarding home.) 0 L
1638 Oak Ave Single Family 1,623 B
1600 Oak Ter Single Family 1,726 B
1610 Buck St Vacant Residential 0 L
1608 Pinetop Ter Vacant Residential 0 L
1622 Buck St Vacant Residential 0 L
1608 Buck St Single Family 1,219 B
1619 Pinetop Ter Single Family 1,390 B
1607 Buck St Vacant Residential 0 L
1613 Pinetop Ter Single Family 2,771 B
1621 Pinetop Ter Vacant Residential 0 L
1602 Oak Ter Vacant Residential 0 L
1606 Pinetop Ter Vacant Residential 0 L
1610 Camellia Ct Single Family 1,474 B
1617 Churchill St Single Family 2,128 B
1701 Buck St Single Family 1,056 B
1700 Pinetop Ter Vacant Residential 0 L
1610 Oak Ter Vacant Residential 0 L
1605 Buck St Single Family 1,304 B
1646 Oak Ave Vacant Residential 1,921 L
1700 Buck St Single Family 1,983 B
1604 Pinetop Ter Vacant Residential 0 L
1609 Camellia Ct Vacant Residential 0 L
1609 Pinetop Ter Vacant Residential 0 L
1613 Churchill St 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 33 of all properties in this area. This suggests it would appeal to someone earning around $31,771 per year who should qualify for a mortgage between $63,542 and $79,428.

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 33 of all properties in this area. This corresponds to a rent of $605 per month and a monthly household income of $2,109 ($25,308 per year)

Nearby Companies

Flatwoods Ranch, LLC
1613 Oak Ter
Tim White Painting LLC
1632 Oak Ave
Disclaimers and Disclosures

Public Records Data

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