1502 Hatton Ct, 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 | |
|---|---|---|---|---|
| 1715 Buck St | Single Family | 2,922 | B |
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| 1716 Circle Dr | Single Family | 1,429 | B |
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| 1713 Circle Dr | Single Family | 1,189 | B |
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| 1719 Buck St | Single Family | 1,374 | B |
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| 1715 Circle Dr | Vacant Residential | 0 | L | |
| 1710 Circle Dr | Vacant Residential | 0 | L | |
| 1713 Buck St | Single Family | 1,560 | B |
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| 1711 Circle Dr | Vacant Residential | 0 | L | |
| 1720 Pinedale Ter | Single Family | 1,161 | B |
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| 1721 Buck St | Single Family | 1,554 | B |
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| 1717 Circle Dr | Single Family | 1,594 | B |
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| 1718 Buck St | Single Family | 2,040 | B |
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| 1716 Buck St | Single Family | 1,894 | B |
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| 1720 Buck St | Vacant Residential | 0 | L | |
| 1709 Circle Dr | Single Family | 1,728 | B |
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| 1722 Pinedale Ter | Single Family | 1,384 | B |
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| 1711 Buck St | Vacant Residential | 0 | L | |
| 1708 Circle Dr | Vacant Residential | 0 | L | |
| 1714 Buck St | Single Family | 1,154 | B |
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| 1723 Buck St | Single Family | 1,387 | B |
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| 1724 Buck St | Single Family | 2,041 | B |
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| 1719 Circle Dr | Vacant Residential | 0 | L | |
| 1712 Buck St | Single Family | 1,608 | B |
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| 1724 Pinedale Ter | Single Family | 1,362 | B |
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| 1708 Pinetop Ter | Single Family | 1,455 | B |
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| 1709 Buck St | Single Family | 1,232 | B |
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| 1719 Pinedale Ter | Single Family | 1,343 | B |
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| 1710 Buck St | Single Family | 1,256 | B |
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| 1707 Circle Dr | Single Family | 1,952 | B |
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| 1726 Buck St | Single Family | 1,068 | B |
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| 1721 Pinedale Ter | Single Family | 1,142 | B |
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| 1706 Pinetop Ter | Vacant Residential | 0 | L | |
| 1707 Buck St | Single Family | 1,323 | B |
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| 1708 Buck St | Vacant Residential | 0 | L | |
| 1723 Circle Dr | 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
1726 Buck St