306 W Cherry St, Plant City
Hillsborough County Real Estate - Plant City
Plant City is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 34,721. Plant City is approximately 22 miles from Tampa (population 335,709) and around 12 miles from Brandon (population 103,483).
The median age for residents of Plant City is 33.3. Around 40.5% of Plant City households include school aged children and 23.8% of households include individuals aged 65 years or over. Census records indicate 69.5% of the Plant City population are White, 15.1% are Black or African American, .6% American Indian, 1.4% Asian and 2.5% are Two or more Races. Plant City has a significant Hispanic population. 28.7% (9,984) of Plant City residents are of Hispanic or Latino origin. Of these 68.71% are of Mexican origin, 15.71% Puerto Rican, 4.19% Cuban and 11.36% are of other Hispanic or Latino origin.
There are 13,732 housing units in Plant City. 1,493 (10.8%) of these were reported as vacant in the 2010 Census. There are 5,381 residential rental units in Plant City. 4,770 of them were occupied in 2010 providing a residential rental vacancy rate of 11%.
Plant City 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 | |
|---|---|---|---|---|
| 308 W Cherry St | Single Family | 1,508 | B |
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| 1204 N Orange St | Single Family | 1,385 | B |
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| 1201 N Wheeler St | Multi-family - less than 10 units | 2,580 | B |
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| 305 Cherry St | Single Family | 1,535 | B |
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| 307 W Cherry St | Single Family | 1,326 | B |
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| 1206 N Orange St | Single Family | 1,171 | B |
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| 402 W Cherry St | Single Family | 956 | B |
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| 1111 N Wheeler St | Store, one story | 763 | C |
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| 403 W Cherry St | Single Family | 1,211 | B |
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| 1203 N Wheeler St | Single Family | 2,398 | B |
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| 404 W Cherry St | Single Family | 1,912 | B |
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| 1205 N Orange St | Single Family | 1,480 | B |
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| 405 W Cherry St | Single Family | 2,380 | B |
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| 1208 N Orange St | Single Family | 835 | B |
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| 306 W Tever St | Single Family | 1,659 | B |
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| 1210 N Orange St | Single Family | 1,670 | B |
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| 1108 N Clark St | Single Family | 2,166 | B |
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| 402 W Tever St | Single Family | 1,267 | B |
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| 1103 N Wheeler St | Office building, non-professional service building, one story | 3,104 | B |
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| 1207 N Orange St | Single Family | 1,267 | B |
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| 1211 N Wheeler St | Single Family | 2,460 | B |
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| 1202 N Wheeler St | Store, one story | 3,188 | B |
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| 1112 N Wheeler St | Club, lodge or union hall | 4,930 | B |
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| 1204 N Wheeler St | Office building, non-professional service building, one story | 2,857 | B |
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| 502 W Cherry St | Single Family | 3,482 | B |
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| N Wheeler St | Municipal Owned | 0 | L | |
| 1209 N Orange St | Single Family | 1,294 | B |
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| 501 W Cherry St | Single Family | 1,804 | B |
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| 404 W Tever St | Single Family | 1,489 | B |
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| 1204 N Lime St | Single Family | 1,087 | B |
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| 1110 N Wheeler St | Club, lodge or union hall | 2,889 | B |
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| 1301 N Wheeler St | Office building, non-professional service building, one story | 712 | B |
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| 1208 N Lime St | Single Family | 1,009 | B |
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| 1302 N Orange St | Single Family | 1,898 | B |
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| 504 W Cherry St | Single Family | 1,760 | B |
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| 1101 N Clark St | Single Family | 1,892 | B |
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| 505 W Cherry St | Single Family | 2,318 | B |
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| 1301 N Orange St | Single Family | 872 | B |
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| 1106 N Wheeler St | Office building, non-professional service building, one story | 2,134 | B |
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| 1007 N Wheeler St | Single Family | 1,919 | B |
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| 1210 N Lime St | Single Family | 2,117 | 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 27 of all properties in this area. This suggests it would appeal to someone earning around $35,095 per year who should qualify for a mortgage between $70,190 and $87,738.
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 27 of all properties in this area. This corresponds to a rent of $717 per month and a monthly household income of $2,414 ($28,968 per year)
Nearby Companies
1302 N Orange St
1103 N Wheeler St
1106 North Wheeler St
1108 North Wheeler St
1110 N Wheeler
1110 N Wheeler
1103 N Wheeler St
1103 N Wheeler St
1103 N Wheeler St
1308 North Orange St