5916 Palmettoside St, Lithia
Hillsborough County Real Estate - Lithia
Lithia is in the Tampa Bay region of Florida. Lithia is approximately 19 miles from Tampa (population 335,709) and around 29 miles from Saint Petersburg (population 244,769).
Lithia 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 | |
|---|---|---|---|---|
| 5918 Palmettoside St | Single Family | 3,348 | B |
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| 5914 Palmettoside St | Single Family | 2,440 | B |
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| 5920 Palmettoside St | Single Family | 3,086 | B |
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| 5912 Palmettoside St | Single Family | 2,953 | B |
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| 5910 Palmettoside St | Single Family | 2,954 | B |
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| 5922 Palmettoside St | Single Family | 3,160 | B |
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| 5927 Churchside Dr | Single Family | 3,511 | B |
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| 5925 Churchside Dr | Single Family | 3,463 | B |
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| 5917 Palmettoside St | Single Family | 2,949 | B |
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| 5915 Palmettoside St | Single Family | 3,086 | B |
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| 5919 Palmettoside St | Single Family | 3,195 | B |
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| 5908 Palmettoside St | Single Family | 3,140 | B |
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| 5913 Palmettoside St | Single Family | 3,167 | B |
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| 5929 Churchside Dr | Single Family | 4,205 | B |
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| 5921 Palmettoside St | Single Family | 2,878 | B |
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| 5923 Churchside Dr | Single Family | 3,974 | B |
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| 5911 Palmettoside St | Single Family | 2,910 | B |
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| 5923 Palmettoside St | Single Family | 3,160 | B |
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| 5906 Palmettoside St | Single Family | 3,405 | B |
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| 5909 Palmettoside St | Single Family | 3,195 | B |
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| 5930 Palmettoside St | Single Family | 2,895 | B |
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| 5921 Churchside Dr | Single Family | 3,781 | B |
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| 5904 Palmettoside St | Single Family | 2,029 | B |
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| 5932 Palmettoside St | Single Family | 3,153 | B |
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| 5937 Churchside Dr | Single Family | 3,929 | B |
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| 5956 Fishhawk Crossing Blvd | Single Family | 3,227 | B |
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| 5958 Fishhawk Crossing Blvd | Single Family | 3,260 | B |
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| 16211 Palmettoglen Ct | Single Family | 3,069 | B |
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| 5954 Fishhawk Crossing Blvd | Single Family | 3,624 | B |
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| 5902 Palmettoside St | Single Family | 3,410 | B |
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| 5960 Fishhawk Crossing Blvd | Single Family | 2,637 | B |
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| 5934 Palmettoside St | Single Family | 2,953 | B |
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| 5919 Churchside Dr | Single Family | 3,756 | B |
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| 5952 Fishhawk Crossing Blvd | Single Family | 2,563 | B |
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| 5926 Churchside Dr | Single Family | 3,444 | B |
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| 16209 Palmettoglen Ct | Single Family | 2,478 | B |
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| 5928 Churchside Dr | Single Family | 3,223 | B |
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| 5962 Fishhawk Crossing Blvd | Single Family | 3,227 | B |
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| 5950 Fishhawk Crossing Blvd | Single Family | 3,240 | B |
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| 5924 Churchside Dr | Vacant Residential | 0 | L | |
| 16207 Palmettoglen Ct | Single Family | 3,412 | B |
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| 5934 Churchside Dr | Single Family | 3,951 | B |
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| 5936 Palmettoside St | Single Family | 2,471 | B |
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| 5939 Churchside Dr | Single Family | 4,318 | B |
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| 5922 Churchside Dr | Single Family | 3,828 | B |
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| 16205 Palmettoglen Ct | Single Family | 3,396 | B |
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| 5936 Churchside Dr | Single Family | 3,347 | B |
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| 5938 Palmettoside St | Single Family | 2,948 | B |
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| 16203 Palmettoglen Ct | Single Family | 3,069 | B |
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Local Household Income
The median household income in this part of Florida is $72,152. The bottom 10% of the population earn less than $24,531 per year. The top 10% earn more than $165,574 per year. The top 1% earn more than $462,912 per year. Most renters earn between $31,116 (20th percentile) and $63,372 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $144,304 and $180,380.
The tax assessed value of this property places it in percentile 91 of all properties in this area. This suggests it would appeal to someone earning around $174,108 per year who should qualify for a mortgage between $348,216 and $435,270.
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 $1,158. Most renters earn between $2,593 and $5,281 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $728 (20th percentile) to $1,773 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 91 of all properties in this area. This corresponds to a rent of $2,187 per month and a monthly household income of $6,782 ($81,384 per year)
Nearby Companies
16209 Palmettoglen Ct
5939 Churchside Dr
5938 Palmettoside St
5930 Palmettoside St
5926 Churchside Dr
5926 Churchside Dr