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Washington County Real Estate - Chipley

Chipley is in North West Florida. It's population as recorded in the 2010 Census was 3,605. Chipley is approximately 44 miles from Panama City (population 36,484) and around 38 miles from Lynn Haven (population 18,493).

The median age for residents of Chipley is 34.5. Around 34.7% of Chipley households include school aged children and 31.3% of households include individuals aged 65 years or over. Census records indicate 68.2% of the Chipley population are White, 26.8% are Black or African American, .8% American Indian, 1.1% Asian and 2.4% are Two or more Races.

There are 1,615 housing units in Chipley. 235 (14.5%) of these were reported as vacant in the 2010 Census. There are 671 residential rental units in Chipley. 595 of them were occupied in 2010 providing a residential rental vacancy rate of 10.7%.

Chipley links:

• Wikipedia
• Chipley City Website

Links

• Chipley Real Estate Market Data
• Washington County Real Estate Market Data
• Walkscore for Zipcode 32428
• Chipley, FL Property Values on Trulia

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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
656 4th St	Single Family	4,303	B
1308 Church Ave	Single Family	2,954	B
1323 Watts Ave	Single Family	1,024	B
1305 Church Ave	Single Family	6,329	B
1319 Watts Ave	Single Family	1,454	B
1325 Watts Ave	Single Family	1,693	C
1310 Church Ave	Single Family	2,679	B
1309 Church Ave	Single Family	857	C
1292 Church Ave	Single Family	2,510	B
675 4th St	Single Family	1,521	B
651 3rd St	Multi-family - less than 10 units	3,495	C
1329 Watts Ave	Single Family	1,921	C
658 5th St	Church	10,468	B
1313 Church Ave	Single Family	1,564	B
1288 Church Ave	Single Family	2,379	B
1320 Watts Ave	Single Family	1,208	B
679 3rd St	Club, lodge or union hall	1,994	B
645 3rd St	Single Family	3,096	B
672 5th St	Municipal Owned	4,975	B
1388 North Railroad Ave	Municipal Owned	8,118	C
645 4th St	Single Family	2,326	B
676 3rd St	Single Family	2,685	B
652 3rd St	Public county school	8,542	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 66 of all properties in this area. This suggests it would appeal to someone earning around $66,099 per year who should qualify for a mortgage between $132,198 and $165,248.

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 66 of all properties in this area. This corresponds to a rent of $887 per month and a monthly household income of $2,769 ($33,228 per year)

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