652 Pecan St, Chipley
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%.
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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 | |
|---|---|---|---|---|
| 692 Deermont Cir | Single Family | 1,180 | C |
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| 642 Pecan St | Single Family | 1,058 | B |
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| 693 Deermont Cir | Single Family | 1,411 | B |
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| 688 Deermont Cir | Single Family | 1,336 | B |
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| 640 Pecan St | Single Family | 1,282 | B |
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| 689 Deermont Cir | Single Family | 1,202 | C |
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| 672 Pecan St | Utility | 630 | B |
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| 673 Pecan St | Vacant Commercial | 0 | L | |
| 1197 Church Ave | Professional service building | 2,200 | C |
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| 681 Deermont Cir | Single Family | 1,240 | B |
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| 0000 Pecan St | Mobile Home | 1,602 | C |
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| 684 Deermont Cir | Single Family | 1,024 | B |
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| 686 Deermont Cir | Single Family | 1,026 | C |
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| 682 Deermont Cir | Single Family | 1,293 | B |
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| Deermont Cir | Vacant Residential | 0 | L | |
| 1176 Jackson Ave | Restaurant, cafeteria | 3,080 | C |
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| 1168 Jackson Ave | Vacant Commercial | 0 | L | |
| 1177 Jackson Ave | Vacant Commercial | 0 | L | |
| 687 Cooper St | Single Family | 1,160 | B |
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| 651 Pecan St | County Owned | 53,730 | B |
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| 1184 Jackson Ave | Hotel or motel | 9,970 | C |
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| 1211 Church Ave | Single Family | 2,914 | B |
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| 1160 Jackson Ave | Wholesale outlet, produce house or manufacturing outlet | 3,055 | C |
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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 20 of all properties in this area. This suggests it would appeal to someone earning around $22,794 per year who should qualify for a mortgage between $45,588 and $56,985.
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 20 of all properties in this area. This corresponds to a rent of $486 per month and a monthly household income of $1,678 ($20,136 per year)
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