8002 Terrace Ridge Dr, Temple Terrace
Hillsborough County Real Estate - Thonotosassa
Thonotosassa is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 13,014. Thonotosassa is approximately 12 miles from Tampa (population 335,709) and around 29 miles from Saint Petersburg (population 244,769).
The median age for residents of Thonotosassa is 40.7. Around 33.4% of Thonotosassa households include school aged children and 27.5% of households include individuals aged 65 years or over. Census records indicate 76.6% of the Thonotosassa population are White, 15.5% are Black or African American, .4% American Indian, 1.6% Asian and 2.7% are Two or more Races.
There are 5,545 housing units in Thonotosassa. 697 (12.5%) of these were reported as vacant in the 2010 Census. Thonotosassa is a tourist destination, 25.2% (176) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 1,810 residential rental units in Thonotosassa. 1,519 of them were occupied in 2010 providing a residential rental vacancy rate of 15.3%.
Thonotosassa links:
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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 | |
|---|---|---|---|---|
| 7960 Terrace Ridge Dr | Single Family | 2,177 | B |
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| 8004 Terrace Ridge Dr | Single Family | 2,177 | B |
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| 7958 Terrace Ridge Dr | Single Family | 1,941 | B |
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| 8006 Terrace Ridge Dr | Single Family | 2,706 | B |
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| 7956 Terrace Ridge Dr | Single Family | 2,350 | B |
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| 8010 Terrace Ridge Dr | Single Family | 2,261 | B |
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| 7957 Terrace Ridge Dr | Single Family | 2,862 | B |
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| 7954 Terrace Ridge Dr | Single Family | 2,537 | B |
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| 8003 Terrace Ridge Dr | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 7955 Terrace Ridge Dr | Single Family | 2,178 | B |
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| 8012 Terrace Ridge Dr | Single Family | 1,756 | B |
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| 8007 Terrace Ridge Dr | Single Family | 1,924 | B |
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| 7953 Terrace Ridge Dr | Single Family | 1,978 | B |
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| 7952 Terrace Ridge Dr | Single Family | 2,195 | B |
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| 12904 Terrace Springs Dr | Municipal Owned | 0 | L | |
| 7901 Terrace Ridge Dr | Single Family | 2,618 | B |
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| 8009 Terrace Ridge Dr | Single Family | 2,183 | B |
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| 8014 Terrace Ridge Dr | Single Family | 1,918 | B |
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| 7951 Terrace Ridge Dr | Single Family | 2,016 | B |
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| 7903 Terrace Ridge Dr | Single Family | 2,293 | B |
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| 7950 Terrace Ridge Dr | Single Family | 2,405 | B |
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| 8011 Terrace Ridge Dr | Single Family | 2,253 | B |
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| 12906 Terrace Springs Dr | Single Family | 2,202 | B |
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| 7905 Terrace Ridge Dr | Single Family | 1,947 | B |
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| 8016 Terrace Ridge Dr | Single Family | 2,188 | B |
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| 7949 Terrace Ridge Dr | Single Family | 2,192 | B |
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| 8013 Terrace Ridge Dr | Single Family | 2,184 | B |
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| 7948 Terrace Ridge Dr | Single Family | 2,065 | B |
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| 12914 Arbor Isle Dr 202 | Condominium | 1,517 | B |
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| 12912 Arbor Isle Dr 304 | Condominium | 1,058 | B |
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| 7907 Terrace Ridge Dr | Single Family | 2,202 | B |
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| 12912 Arbor Isle Dr 209 | Condominium | 718 | B |
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| 12914 Arbor Isle Dr 201 | Condominium | 1,517 | B |
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| 12912 Arbor Isle Dr 303 | Condominium | 885 | B |
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| 12912 Arbor Isle Dr 205 | Condominium | 1,251 | B |
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| 12912 Arbor Isle Dr 308 | Condominium | 1,131 | B |
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| 12912 Arbor Isle Dr 103 | Condominium | 885 | B |
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| 12912 Arbor Isle Dr 302 | Condominium | 1,131 | B |
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| 12912 Arbor Isle Dr 204 | Condominium | 1,058 | B |
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| 12912 Arbor Isle Dr 108 | Condominium | 1,131 | B |
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| 12912 Arbor Isle Dr 307 | Condominium | 674 | B |
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| 12912 Arbor Isle Dr 102 | Condominium | 1,131 | B |
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| 12912 Arbor Isle Dr 203 | Condominium | 885 | B |
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| 12914 Arbor Isle Dr 102 | Condominium | 768 | B |
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| 12912 Arbor Isle Dr 107 | Condominium | 674 | B |
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| 12912 Arbor Isle Dr 306 | Condominium | 885 | B |
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| 12912 Arbor Isle Dr 208 | Condominium | 1,131 | B |
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| 12910 Arbor Isle Dr 102 | Condominium | 768 | B |
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| 12912 Arbor Isle Dr 202 | Condominium | 1,131 | B |
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Local Household Income
The median household income in this part of Florida is $63,952. The bottom 10% of the population earn less than $16,148 per year. The top 10% earn more than $183,335 per year. The top 1% earn more than $569,870 per year. Most renters earn between $26,388 (20th percentile) and $48,576 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $127,904 and $159,880.
The tax assessed value of this property places it in percentile 54 of all properties in this area. This suggests it would appeal to someone earning around $69,975 per year who should qualify for a mortgage between $139,950 and $174,938.
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 $898. Most renters earn between $2,199 and $4,048 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $675 (20th percentile) to $1,240 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 54 of all properties in this area. This corresponds to a rent of $933 per month and a monthly household income of $2,958 ($35,496 per year)
Nearby Companies
7911 Terrace Ridge Dr
7905 Terrace Ridge Dr
7905 Terrace Ridge Dr
7905 Terrace Ridge Dr
12914 Terrace Springs Dr