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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
1328 North Railroad Ave	Office building, non-professional service building, one story	7,134	C
665 7th St	Municipal Owned	256	B
799 Main St	Enclosed theater or auditorium	4,624	C
795 Main St	Store, one story	3,120	B
803 Main St	Store, one story	8,100	B
1334 North Railroad Ave	Store, one story	1,716	B
1265 Church Ave	Office building, non-professional service building, one story	5,950	B
1338a&B North Railroad Ave	Office building, non-professional service building, one story	1,675	B
1342 North Railroad Ave	Store, one story	1,848	B
805 Main St	Store, one story	2,596	C
1346a&B North Railroad Ave	Office building, non-professional service building, one story	3,500	B
809 Main St	Office building, non-professional service building, one story	1,334	B
1308 &1310 Railroad Ave	Store, one story	8,570	C
1348 North Railroad Ave	Store, one story	936	B
1352 North Railroad Ave	Office building, non-professional service building, one story	864	B
669 7th St	Single Family	1,442	B
1264 Church Ave	Supermarket	13,656	B
1356 North Railroad Ave	Store, one story	4,200	B
657 7th St	Single Family	759	B
1302 Railroad Ave	Repair service shop (excluding automotive)	3,498	C
794 Main St	Store, one story	2,387	B
1300 Railroad Ave	Vacant Commercial	0	L
781 Main St	Store, one story	2,559	B
802 Main St	Office building, non-professional service building, one story	5,084	B
808 Main St	Store, one story	3,090	B
812 Main St	Office building, non-professional service building, one story	2,080	B
653 7th St	Single Family	2,294	C
2170 Martin Luther King St	Mobile Home	1,944	B
2152 Martin Luther King St	Single Family	935	B
2154 Martin Luther King St	Single Family	924	B
2162 Martin Luther King St	Mobile Home	1,216	B
2108 Martin Luther King St	Single Family	1,198	B
2156 Martin Luther King St	Single Family	935	B
814 Main St	Office building, non-professional service building, one story	3,358	B
1276 Church Ave	Office building, non-professional service building, one story	6,109	B
664 Martin Luther King Dr	Vacant Residential	0	L
1362 North Railroad Ave	Store, one story	1,456	B
823 Main St	Store, one story	7,420	C
1368 North Railroad Ave	Office building, non-professional service building, one story	5,100	C
1281 Church Ave	Financial institution (bank, saving and loan company, mortgage company, credit services)	7,365	B
685 7th St	Municipal Owned	8,736	B
827 Main St	Store, one story	2,184	C
684 7th St	Restaurant, cafeteria	5,063	C

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 52 of all properties in this area. This suggests it would appeal to someone earning around $51,889 per year who should qualify for a mortgage between $103,778 and $129,723.

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 52 of all properties in this area. This corresponds to a rent of $760 per month and a monthly household income of $2,386 ($28,632 per year)

Nearby Companies