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Local Household Income

The median household income in this part of Florida is $78,156. The bottom 10% of the population earn less than $26,365 per year. The top 10% earn more than $300,037 per year. The top 1% earn more than $692,093 per year. Most renters earn between $32,112 (20th percentile) and $61,224 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $156,312 and $195,390.

The tax assessed value of this property places it in percentile 87 of all properties in this area. This suggests it would appeal to someone earning around $261,599 per year who should qualify for a mortgage between $523,198 and $653,998.

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 $1,039. Most renters earn between $2,676 and $5,102 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $791 (20th percentile) to $1,538 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 87 of all properties in this area. This corresponds to a rent of $1,768 per month and a monthly household income of $5,650 ($67,800 per year)

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