646 Territory Ln, Crestview
Okaloosa County Real Estate - Milligan
Milligan is in North West Florida. Milligan is approximately 41 miles from Pensacola (population 51,923) and around 29 miles from Navarre (population 31,378).
Milligan links:
Links
Okaloosa County
Okaloosa County is part of the Northwest Florida region, along with Bay, Santa Rosa, Escambia, Walton, Holmes, Jackson, Washington, Calhoun, Liberty, Gulf, Franklin, Gadsden, Leon, Jefferson, and Wakulla counties. Okaloosa has a population over 180,000. The county is part of one of the fastest growing regions in the nation. The county is located in the panhandle, with the southern portion bordering the Gulf of Mexico and the northern portion on the Georgia border.
Top industries in Okaloosa County are government, professional & business services, trade & transportation, leisure and hospitality, and education & health services. Several air force and army facilities are located in Okaloosa County, including Eglin Air Force Base, Hurlburt Field, and Duke Field. By size, Eglin is the largest Air Force base in the country and is responsible for the development, acquisition, testing, and deployment of all air-delivered weapons. Okaloosa county's white sand beaches also attract many tourists to the area. Top private sector employers are Fort Walton Beach Medical Center, L-3 Communications/Crestview Aerospace, DRS Training & Control Systems, InDyne Inc, and ResortQuest. Major public sector employers are US Department of Defense-Eglin AFB, Okaloosa School District, and County of Okaloosa-Sheriff's Department.
Defense is major business in Okaloosa. Of the ten largest defense contractors in the state, six have a presence in Okaloosa. 350 such companies provide 21,000 jobs and contribute over $6.5 billion to the economy.
Okaloosa is a major transportation hub. Indeed, its county seat, Crestview, is nicknamed the "Hub City". With two rivers, a CSX railroad line, and access to multiple highways including Interstate-10, the city is at the center of the region.
Northwest Florida State College has five campuses throughout the county, with its main campus in Niceville. Troy University also has campuses in the county, including one on Eglin AFB.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 648 Territory Ln | Single Family | 2,654 | B |
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| 644 Territory Ln | Single Family | 3,263 | B |
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| 650 Territory Ln | Single Family | 3,263 | B |
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| 642 Territory Ln | Single Family | 3,283 | B |
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| 645 Territory Ln | Single Family | 3,258 | B |
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| 647 Territory Ln | Single Family | 3,224 | B |
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| 643 Territory Ln | Single Family | 3,368 | B |
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| 649 Territory Ln | Single Family | 2,656 | B |
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| 641 Territory Ln | Single Family | 2,427 | B |
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| 652 Territory Ln | Single Family | 3,170 | B |
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| 653 Territory Ln | Single Family | 2,184 | B |
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| 637 Territory Ln | Single Family | 2,356 | B |
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| 707 Fennec Fox Preserve | Single Family | 3,283 | B |
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| 654 Territory Ln | Single Family | 3,263 | B |
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| 638 Territory Ln | Single Family | 3,263 | B |
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| 709 Fennec Fox Preserve | Single Family | 3,364 | B |
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| 522 Vulpes Sanctuary | Single Family | 3,258 | B |
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| 520 Vulpes Sanctuary | Single Family | 3,075 | B |
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| 657 Territory Ln | Single Family | 0 | B | |
| 635 Territory Ln | Single Family | 2,749 | B |
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| 705 Fennec Fox Preserve | Single Family | 3,369 | B |
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| 656 Territory Ln | Single Family | 3,364 | B |
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| 636 Territory Ln | Single Family | 3,283 | B |
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| 711 Fennec Fox Preserve | Single Family | 3,263 | B |
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| 518 Vulpes Sanctuary | Single Family | 2,579 | B |
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| 524 Vulpes Sanctuary | Single Family | 3,071 | B |
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| 659 Territory Ln | Single Family | 2,645 | B |
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| 516 Vulpes Sanctuary | Single Family | 3,258 | B |
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Local Household Income
The median household income in this part of Florida is $68,549. The bottom 10% of the population earn less than $21,092 per year. The top 10% earn more than $162,114 per year. The top 1% earn more than $423,170 per year. Most renters earn between $33,396 (20th percentile) and $58,956 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $137,098 and $171,373.
The tax assessed value of this property places it in percentile 74 of all properties in this area. This suggests it would appeal to someone earning around $107,303 per year who should qualify for a mortgage between $214,606 and $268,258.
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 $1,020. Most renters earn between $2,783 and $4,913 per month. They typically spend 30% of their monthly income on rent. Most rents fall in the $744 (20th percentile) to $1,362 (80th percentile) range. The residential vacancy rate is 12%.
This property falls in percentile 74 of all properties in this area. This corresponds to a rent of $1,264 per month and a monthly household income of $4,654 ($55,848 per year)
Nearby Companies
654 Territory Ln