5809 Sierra Crest Ln, 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 | |
|---|---|---|---|---|
| 5807 Sierra Crest Ln | Single Family | 4,255 | A |
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| 5811 Sierra Crest Ln | Vacant Residential | 0 | L | |
| 5805 Sierra Crest Ln | Single Family | 3,631 | A |
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| 5813 Sierra Crest Ln | Single Family | 3,806 | A |
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| 5808 Sierra Crest Ln | Single Family | 2,933 | A |
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| 5810 Sierra Crest Ln | Single Family | 3,131 | A |
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| 5806 Sierra Crest Ln | Single Family | 3,498 | A |
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| 5815 Sierra Crest Ln | Single Family | 3,364 | A |
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| 5812 Sierra Crest Ln | Single Family | 3,111 | A |
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| 5804 Sierra Crest Ln | Single Family | 2,791 | A |
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| 5803 Sierra Crest Ln | Single Family | 3,753 | A |
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| 5814 Sierra Crest Ln | Single Family | 3,703 | A |
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| 5817 Sierra Crest Ln | Vacant Residential | 0 | L | |
| 5802 Sierra Crest Ln | Single Family | 3,376 | A |
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| 5847 Audubon Manor Bv | Single Family | 3,614 | A |
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| 5849 Audubon Manor Bv | Single Family | 2,818 | A |
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| 5801 Sierra Crest Ln | Single Family | 3,075 | A |
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| 5601 Hawklake Rd | Single Family | 1,681 | B |
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| 5851 Audubon Manor Bv | Single Family | 3,634 | A |
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| 5845 Audubon Manor Bv | Single Family | 3,483 | A |
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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 98 of all properties in this area. This suggests it would appeal to someone earning around $369,984 per year who should qualify for a mortgage between $739,968 and $924,960.
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 98 of all properties in this area. This corresponds to a rent of $3,256 per month and a monthly household income of $9,631 ($115,572 per year)
Nearby Companies
5708 Lithia Pinecrest Rd
5815 Sierra Crest Ln
5801 Sierra Crest Ln