13238 Sw 89th Street, Lake Butler
Union County Real Estate - Lake Butler
Lake Butler is in North Central Florida. It's population as recorded in the 2010 Census was 1,897. Lake Butler is approximately 26 miles from Gainesville (population 124,354) and around 38 miles from Fleming Island (population 27,126).
The median age for residents of Lake Butler is 34. Around 38% of Lake Butler households include school aged children and 21.5% of households include individuals aged 65 years or over. Census records indicate 69.9% of the Lake Butler population are White, 26.6% are Black or African American, .4% American Indian, .3% Asian and 1.6% are Two or more Races.
There are 838 housing units in Lake Butler. 91 (10.8%) of these were reported as vacant in the 2010 Census. There are 447 residential rental units in Lake Butler. 391 of them were occupied in 2010 providing a residential rental vacancy rate of 12.3%.
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Union County
Union County is located in North Central Florida, along with Alachua, Madison, Hamilton, Taylor, Suwannee, Bradford, Lafayette, Dixie, Levy, Gilchrist, Marion, and Columbia counties. Union County is Florida's smallest county in area. Union County's largest industries by employment are trade, transportation, & utilities; manufacturing; and public administration. Major private sector employers are North Florida reception Center, Prichet Trucking, Suwannee Medical Personnel, Lake Butler Hospital/ Ramadan Hand Institute, and Ellington Construction. Top public sector employers are Union Correctional Institute, Union County School District, and Union County Government. Union County cities are Lake Butler (county seat), Raiford, and Worthington Springs.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 13330 Sw 89th Street | Mobile Home | 1,365 | B |
 |
| 13237 Sw 89th Street | Mobile Home | 1,216 | B |
|
| Po Box 37 | Timberland - site index 80 to 89 | 0 | L | |
| 13183 Sw 89th Street | Mobile Home | 1,470 | B |
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Local Household Income
The median household income in this part of Florida is $47,144. The bottom 10% of the population earn less than $14,911 per year. The top 10% earn more than $110,883 per year. The top 1% earn more than $404,215 per year. Most renters earn between $22,800 (20th percentile) and $42,960 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $94,288 and $117,860.
The tax assessed value of this property places it in percentile 31 of all properties in this area. This suggests it would appeal to someone earning around $32,078 per year who should qualify for a mortgage between $64,156 and $80,195.
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 $717. Most renters earn between $1,900 and $3,580 per month. They typically spend 29% of their monthly income on rent. Most rents fall in the $504 (20th percentile) to $957 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 31 of all properties in this area. This corresponds to a rent of $583 per month and a monthly household income of $2,281 ($27,372 per year)