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Local Household Income

The median household income in this part of Florida is $71,032. The bottom 10% of the population earn less than $16,716 per year. The top 10% earn more than $271,595 per year. The top 1% earn more than $665,517 per year. Most renters earn between $31,332 (20th percentile) and $70,200 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $142,064 and $177,580.

The tax assessed value of this property places it in percentile 67 of all properties in this area. This suggests it would appeal to someone earning around $108,003 per year who should qualify for a mortgage between $216,006 and $270,008.

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 $996. Most renters earn between $2,611 and $5,850 per month. They typically spend 30% of their monthly income on rent. Most rents fall in the $700 (20th percentile) to $1,520 (80th percentile) range. The residential vacancy rate is 5%.

This property falls in percentile 67 of all properties in this area. This corresponds to a rent of $1,229 per month and a monthly household income of $4,836 ($58,032 per year)

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