5317 Taylor Rd, Lutz
Odessa is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 7,267. Odessa is approximately 17 miles from Tampa (population 335,709) and around 28 miles from Saint Petersburg (population 244,769).
The median age for residents of Odessa is 37.8. Around 40.9% of Odessa households include school aged children and 16.9% of households include individuals aged 65 years or over. Census records indicate 87.6% of the Odessa population are White, 4% are Black or African American, .4% American Indian, 4.1% Asian and 2.2% are Two or more Races.
There are 2,941 housing units in Odessa. 305 (10.3%) of these were reported as vacant in the 2010 Census. There are 583 residential rental units in Odessa. 507 of them were occupied in 2010 providing a residential rental vacancy rate of 12.7%.
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Hillsborough County
Hillsborough County is in the Tampa Bay region of Florida, along with Citrus, Hernando, Pasco, Pinellas, Polk, Manatee, and Sarasota counties. Tampa, one of Florida's largest cities, is part of Hillsborough County. Over 1.2 million people live in Hillsborough County.
Hillsborough County has the 6th largest school district in the country, employing approximately 25,000 people. Other major public employers are MacDill Air Force Base, Hillsborough County Government, University of South Florida, and Hillsborough Community College. The largest private sector employers are JP Morgan Chase, H. Lee Moffitt Cancer Center & Research Institute, Citi, Pricewaterhouse Coopers, and Progressive Insurance. Target industries are applied medicine & human performance, high-tech electronics and instruments, business, financial & data services, and marine & environmental activities.
Busch Gardens, one of Florida's main theme parks, is in Tampa and attracts many tourists. Tourists also visit historic Tampa neighborhood of Ybor City, once a cigar factory district, now a National Historic Landmark. Many tourists also flow through the Port of Tampa, which handles about a million cruise passengers each year. Not just for tourists, the port is busiest in the state for cargo, with large quantities of phosphates and steel flowing through it.
Located just outside of Tampa is MacDill Air Force Base, the headquarters for U.S. Central Command and the Special Operations Command. When hurricanes threaten the Atlantic coast, ?hurricane hunter? planes takeoff from MacDill to fly into the storm and take measurements. MacDill employs more than 14,000 and has an estimated impact of $5 billion.
Tampa is ranked by the Globalization and World Cities Research Network as a Gamma+ class city. In 2014 it was ranked as the number two city in the nation for investing in rental properties by All Property Management.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 5315 Taylor Rd | Single Family | 1,157 | B |
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| 5321 Taylor Rd | Single Family | 2,610 | B |
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| 5305 Taylor Rd | Single Family | 2,071 | B |
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| 5307 Taylor Rd | Single Family | 759 | B |
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| 5311 Taylor Rd | Single Family | 1,862 | B |
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| 5329 Taylor Rd | Single Family | 1,302 | B |
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| 5301 Taylor Rd | Single Family | 2,934 | B |
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| 5333 Taylor Rd | Single Family | 2,241 | B |
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| 5341 Taylor Rd | Single Family | 3,022 | B |
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| 5221 Taylor Rd | Single Family | 3,448 | B |
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| 5304 Taylor Rd | Single Family | 725 | B |
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Local Household Income
The median household income in this part of Florida is $77,068. The bottom 10% of the population earn less than $24,181 per year. The top 10% earn more than $197,060 per year. The top 1% earn more than $544,729 per year. Most renters earn between $36,528 (20th percentile) and $65,028 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $154,136 and $192,670.
The tax assessed value of this property places it in percentile 86 of all properties in this area. This suggests it would appeal to someone earning around $169,845 per year who should qualify for a mortgage between $339,690 and $424,613.
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 $1,073. Most renters earn between $3,044 and $5,419 per month. They typically spend 30% of their monthly income on rent. Most rents fall in the $832 (20th percentile) to $1,444 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 86 of all properties in this area. This corresponds to a rent of $1,609 per month and a monthly household income of $5,859 ($70,308 per year)
Nearby Companies
5317 Taylor Rd