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Local Household Income

The median household income in this part of Florida is $76,199. The bottom 10% of the population earn less than $24,597 per year. The top 10% earn more than $207,949 per year. The top 1% earn more than $710,605 per year. Most renters earn between $34,008 (20th percentile) and $57,324 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $152,398 and $190,498.

The tax assessed value of this property places it in percentile 9 of all properties in this area. This suggests it would appeal to someone earning around $23,306 per year who should qualify for a mortgage between $46,612 and $58,265.

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 $937. Most renters earn between $2,834 and $4,777 per month. They typically spend 29.5% of their monthly income on rent. Most rents fall in the $705 (20th percentile) to $1,295 (80th percentile) range. The residential vacancy rate is 5%.

This property falls in percentile 9 of all properties in this area. This corresponds to a rent of $560 per month and a monthly household income of $2,395 ($28,740 per year)

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