609 Citrus Wood Ln, Valrico
Hillsborough County Real Estate - Valrico
Valrico is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 35,545. Valrico is approximately 13 miles from Tampa (population 335,709) and around 27 miles from Saint Petersburg (population 244,769).
The median age for residents of Valrico is 40.2. Around 39.4% of Valrico households include school aged children and 25.1% of households include individuals aged 65 years or over. Census records indicate 81.4% of the Valrico population are White, 8.7% are Black or African American, .2% American Indian, 3.9% Asian and 2.8% are Two or more Races.
There are 13,668 housing units in Valrico. 1,001 (7.3%) of these were reported as vacant in the 2010 Census. There are 2,126 residential rental units in Valrico. 1,943 of them were occupied in 2010 providing a residential rental vacancy rate of 8.3%.
Valrico 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 | |
|---|---|---|---|---|
| 607 Citrus Wood Ln | Single Family | 2,918 | B |
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| 613 Citrus Wood Ln | Single Family | 4,803 | B |
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| 508 Planters Wood Ct | Single Family | 3,552 | B |
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| 506 Planters Wood Ct | Single Family | 3,476 | B |
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| 605 Citrus Wood Ln | Single Family | 3,819 | B |
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| 608 Citrus Wood Ln | Single Family | 2,927 | B |
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| 615 Citrus Wood Ln | Single Family | 3,805 | B |
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| 610 Citrus Wood Ln | Single Family | 3,343 | B |
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| 606 Citrus Wood Ln | Single Family | 2,971 | B |
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| 504 Planters Wood Ct | Single Family | 2,985 | B |
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| 612 Citrus Wood Ln | Single Family | 4,082 | B |
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| 509 Planters Wood Ct | Single Family | 4,058 | B |
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| 614 Citrus Wood Ln | Single Family | 3,103 | B |
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| 603 Citrus Wood Ln | Single Family | 3,981 | B |
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| 604 Citrus Wood Ln | Single Family | 3,593 | B |
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| 617 Citrus Wood Ln | Single Family | 4,099 | B |
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| 502 Planters Wood Ct | Single Family | 2,825 | B |
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| 616 Citrus Wood Ln | Single Family | 3,002 | B |
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| 527 Falkirk Av | Single Family | 1,018 | B |
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| 525 Falkirk Av | Single Family | 1,295 | B |
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| 529 Falkirk Av | Single Family | 1,855 | B |
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| 523 Falkirk Av | Single Family | 1,253 | B |
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| 602 Citrus Wood Ln | Single Family | 4,147 | B |
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| 507 Planters Wood Ct | Single Family | 4,185 | B |
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| 531 Falkirk Av | Single Family | 1,503 | B |
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| 618 Citrus Wood Ln | Single Family | 2,858 | B |
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| 503 Planters Wood Ct | Single Family | 3,617 | B |
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| 533 Falkirk Av | Single Family | 1,514 | B |
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| 521 Falkirk Av | Single Family | 1,411 | B |
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| 501 Planters Wood Ct | Single Family | 4,611 | B |
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| 620 Citrus Wood Ln | Single Family | 3,342 | B |
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| 2220 Whitney Pl | Single Family | 1,426 | B |
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| 535 Falkirk Av | Single Family | 1,539 | B |
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| 621 Citrus Wood Ln | Single Family | 4,009 | B |
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| 508 Royal Wood Ct | Single Family | 3,890 | B |
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| 520 Falkirk Av | Single Family | 1,290 | B |
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| 834 Citrus Wood Ln | Single Family | 4,008 | B |
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| 506 Royal Wood Ct | Single Family | 3,617 | B |
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| 2219 Whitney Pl | Single Family | 1,618 | B |
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| 832 Citrus Wood Ln | Single Family | 3,376 | B |
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Local Household Income
The median household income in this part of Florida is $59,143. The bottom 10% of the population earn less than $18,085 per year. The top 10% earn more than $139,373 per year. The top 1% earn more than $416,104 per year. Most renters earn between $25,644 (20th percentile) and $46,584 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $118,286 and $147,858.
The tax assessed value of this property places it in percentile 97 of all properties in this area. This suggests it would appeal to someone earning around $219,120 per year who should qualify for a mortgage between $438,240 and $547,800.
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 $877. Most renters earn between $2,137 and $3,882 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $662 (20th percentile) to $1,192 (80th percentile) range. The residential vacancy rate is 5%.
This property falls in percentile 97 of all properties in this area. This corresponds to a rent of $1,772 per month and a monthly household income of $5,680 ($68,160 per year)
Nearby Companies
509 Planters Wood Ct
612 Citrus Wood Ln
610 Citrus Wood Ln