4927 Grassy Pond Rd, Chipley
Washington County Real Estate - Vernon
Vernon is in North West Florida. It's population as recorded in the 2010 Census was 687. Vernon is approximately 32 miles from Panama City (population 36,484) and around 26 miles from Lynn Haven (population 18,493).
The median age for residents of Vernon is 41.1. Around 29.2% of Vernon households include school aged children and 29.6% of households include individuals aged 65 years or over. Census records indicate 78.7% of the Vernon population are White, 14.2% are Black or African American, 3.4% American Indian, .2% Asian and 1.8% are Two or more Races.
There are 360 housing units in Vernon. 83 (23%) of these were reported as vacant in the 2010 Census. There are 113 residential rental units in Vernon. 89 of them were occupied in 2010 providing a residential rental vacancy rate of 21.2%.
Vernon links:
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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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 4937 Grassy Pond Rd | Mobile Home | 1,213 | B |
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| 2366 Pinewood Dr | Single Family | 1,344 | B |
|
| 4936 Grassy Pond Rd | Single Family | 2,905 | B |
|
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 49 of all properties in this area. This suggests it would appeal to someone earning around $49,520 per year who should qualify for a mortgage between $99,040 and $123,800.
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 49 of all properties in this area. This corresponds to a rent of $732 per month and a monthly household income of $2,354 ($28,248 per year)
Nearby Companies
4936 Grassy Pond Rd
4936 Grassy Pond Rd