2900 Tanner Rd, Chipley
Washington County Real Estate - Wausau
Wausau is in North West Florida. It's population as recorded in the 2010 Census was 383. Wausau is approximately 33 miles from Panama City (population 36,484) and around 27 miles from Lynn Haven (population 18,493).
The median age for residents of Wausau is 40.4. Around 33.5% of Wausau households include school aged children and 38% of households include individuals aged 65 years or over. Census records indicate 94.7% of the Wausau population are White, .7% are Black or African American, .7% American Indian, .7% Asian and 2.6% are Two or more Races.
There are 186 housing units in Wausau. 31 (16.6%) of these were reported as vacant in the 2010 Census. There are 45 residential rental units in Wausau. 40 of them were occupied in 2010 providing a residential rental vacancy rate of 11.1%.
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Washington County
Washington County is part of the Northwest Florida region, along with Bay, Santa Rosa, Escambia, Walton, Holmes, Jackson, Okaloosa, Calhoun, Liberty, Gulf, Franklin, Gadsden, Leon, Jefferson, and Wakulla counties. The top industries by employment for Washington County are public administration, trade & transportation, and construction.
Major private sector employers for Washington County include WestPoint Home, Inc, Wal-Mart, NW Florida Community Hospital, Trawick Construction, and ARC of Wash-Holmes Cos. Top public sector employers are Florida Department of Corrections, Florida Department of Transportation, Washington County School District, and County of Washington. Cities and towns in Washington City include Caryville, Chipley, Ebro, Vernon, Wausau.
Neighboring Properties
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Local Household Income
The median household income in this part of Florida is $50,843. The bottom 10% of the population earn less than $15,071 per year. The top 10% earn more than $118,419 per year. The top 1% earn more than $409,192 per year. Most renters earn between $20,136 (20th percentile) and $39,888 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $101,686 and $127,108.
The tax assessed value of this property places it in percentile 84 of all properties in this area. This suggests it would appeal to someone earning around $98,126 per year who should qualify for a mortgage between $196,252 and $245,315.
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 $744. Most renters earn between $1,678 and $3,324 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $486 (20th percentile) to $1,034 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 84 of all properties in this area. This corresponds to a rent of $1,097 per month and a monthly household income of $3,566 ($42,792 per year)