Taming The Orlando Florida Real Estate Jumbo Mortgage

February 16th, 2016

Taming the Jumbo Mortgage in the Orlando Florida Real Estate Market

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Everyone knows the jumbo loan market has been out of whack for nearly 18 months. “Jumbo” loans, those amounting to more than $417,000, took it on the chin, especially in Orlando Florida’s real estate market, when mortgage investors stopped buying subprime and alternative loans. For that reason, jumbo rates can be as much as 1.50 percent higher than conforming rates. Historically, jumbo rates were only about a quarter of a percent higher than a conforming rate, but this new spread has kept many out of the Orlando Florida housing market: especially those that we refer to as, “just jumbo.”

So what exactly is “just jumbo?” It’s a loan amount that just exceeds the conforming limit of $417,000 and typically reflects a sales price in the $500,000­­-$600,000 range. The Orlando Florida Real Estate market offers many homes in this price category, but the marked difference in rate from conforming to jumbo is slowing down Orlando’s real estate sales. What is the difference in payment between a conforming loan at 6 percent and a jumbo loan at 7.50 percent? On a $500,000 jumbo loan, mortgage payments jump from $2,997 to $3,496 a month. That’s almost $500 more!

Fortunately, with some changes in strategy, we can put a major dent in that increase in payment by buying a property with two loans – a first mortgage and a second. With the first mortgage at or below the conforming limit, the second mortgage then eliminates the need for private mortgage insurance, or PMI. And still, with only 10 percent down on a $500,000 home sale.

For example, let’s say we have a sales price of $500,000 and you put 10 percent down. With a jumbo loan at 7.50 percent, the monthly payment on a 30-year note is $3,146 plus a PMI payment of about $188, for a total of $3,334. Using a 40 percent debt ratio means that you need to make about $9,700 per month to qualify.

Now, let’s make the first mortgage for $400,000 at 6 percent (conforming) with a second mortgage at 7 percent on a $50,000, 30-year note. The mortgage payments would be $2,398 and $332 respectively, for a combined total of $2,730. That’s a savings of over $600 per month, and now the income to qualify is almost $1,500 less at $8,200 per month! Do you think that has an impact on affordabilty? I do.

Here’s another idea: Orlando Florida home sellers can carry back that second note to provide some additional income, providing an even better second rate for the home buyer!

Do You Know How To Avoid Costly Delays When Getting A Loan For Orlando Florida Real Estate?

February 16th, 2016

Do You Know How To Avoid Costly Delays When Getting A Loan For Orlando Florida Real Estate? 

  • Pick the Best Local Orlando Florida Lender.

With our daily experience, we can help advise you on the most efficient and reputable lenders in the Orlando Florida area for you to compare for your real estate purchase.

  • Write a Longer Contract.

Most home sellers realize getting a loan can take longer today. When writing the sales contract, consider a longer financing period, adding 1 to 2 weeks or more to the normal period. Also consider a contract renewal clause if the mortgage is delayed. This helps everybody plan their moves from the beginning.

  • Shop for a Longer Commitment.

Home buyers should consider shopping for a lengthy interest rate commitment when rates are rising. Although 30-day and 60-day “lock-in” periods are typical, some mortgage lenders will offer a longer guarantee period at a higher rate with more points. When mortgage rates are declining, letting the rate “float” may be best.

  • Do Your Homework.

The faster you complete your share of the paperwork, the faster the loan is processed. Give attention to addresses with zip codes, names and titles, phone numbers; account numbers and branch bank addresses; credit card numbers, unpaid loan numbers and lender addresses; employer addresses with contact name. Also be sure to include any details or credit problems that will make the loan processor’s job easier.

  • Forsake the Mail.

In a crunch, be prepared to hand deliver documents if necessary, such as the loan application, tax returns, title reports, insurance policies, or account statements.

  • Solve Logjams Yourself.

Knowing what an Orlando Florida real estate mortgage lender needs and where it comes from is one way we can help prod the process along. Sometimes it pays to get to know the loan processor, as well as the loan officer. Regular calls, perhaps weekly, to get the status and ask if documents are complete can also uncover and solve logjams. Specifically, ask about applicant-related verifications of sufficient and stable income, credit and closing funds.

Remember, the lender doesn’t want to lose the mortgage any more than you want to lose the house. Working together, we can avoid costly delays. If you want more information on buying and financing, we’ll be glad to talk to you.

Orlando Florida Real Estate and Mortgage Information – Hope for Home Buyers

February 16th, 2016

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Fannie Mae Announces Single National Down Payment Policy; Replaces Policy Regarding Markets Where Home Prices are Declining

The following post was provided to us by Nate Morris of First Horizon Home Loans

WASHINGTON, DC — Fannie Mae (FNM/NYSE) today announced a new, national policy on down payment requirements for conventional, conforming mortgages the company will purchase or guarantee. Starting June 1, 2008, Fannie Mae will accept up to 97 percent loan-to-value ratios for conventional, conforming mortgages processed through its Desktop Underwriter® (DU®) automated underwriting system, and 95 percent loan-to-value ratios for loans underwritten outside of DU, in all geographic locations in the United States, including Orlando Florida. The new national down payment policy will supersede the policy the company adopted in December 2007 that required higher down payments in markets where home prices are declining…such as Orlando Florida has done recently.

“As another part of our ‘Keys to RecoveryTM‘ initiative, we are today announcing that we will be equalizing the down payment requirements for borrowers in all parts of the country, regardless of local market conditions,” Marianne Sullivan, Senior Vice President, Single-Family Credit Policy and Risk Management, said. “This new down payment policy reinforces our goal to support successful home-owning, not just home-buying, as we seek to bring liquidity to all communities and help the housing market recover.”

The new national down payment requirements of 3 or 5 percent will apply to loans for purchase of single-family, primary residences. Down payment requirements will vary for other occupancy, property and transaction types. The company will implement systems and operational changes over the summer to accommodate the new national policy.

“We are able to adopt this new, national down payment requirement, even in markets where home prices are declining, because our new automated underwriting risk assessment model DU Version 7.0 will limit risk layering and assess each loan more precisely,” Sullivan added. “At the same time, we believe that equity matters, especially in this market. Down payments are a critical success factor in homeownership — and responsible lending is good business.”

Since the Orlando Florida housing correction began, Fannie Mae has expanded its mortgage guaranty business to serve the Orlando Real Estate market’s urgent need for stability, liquidity and affordability. The company also undertook steps to help protect Orlando Florida borrowers, manage the increased credit risk in the Orlando Florida Real Estate market, and fortify the company’s capital position. Among these steps, the company has continued to assess and establish new pricing, eligibility and underwriting criteria for its business that more accurately reflect the current risks in the housing market and guard against the potential for foreclosure. These changes have been incorporated into DU and have included adjustments to credit risk assessment, loan-to-value ratios and down payment requirements, among other factors.

Among the changes in response to real estate market conditions, in December 2007 Fannie Mae adopted a “Maximum Financing in Declining Markets Policy” that restricted the loan-to-value ratios on properties in markets where home prices are declining, essentially requiring higher down payments in these markets. Orlando Florida has been one of these declining real estate markets. The new single national down payment policy announced today will supersede that policy.

Fannie Mae Senior Vice President Jeff Hayward stressed the company’s commitment to special affordable lending programs to support homeownership for Orlando area families of modest means. “We are stepping up to provide more liquidity and affordability to some of the most distressed communities while also seeking at least a 3 percent down payment investment through our Desktop Underwriter system from borrowers to help ensure their success.”

Fannie Mae will continue to provide support for Orlando homebuyers that need down payment assistance, and will continue to allow loans with Community Seconds® up to a maximum 105 percent combined loan-to-value ratio. Community Seconds allow a borrower to obtain a second-lien mortgage to help cover down payment and closing costs, with funding typically provided by a state or local housing agency; an employer; or a nonprofit organization. Fannie Mae also offers MyCommunityMortgage® and Flex mortgage products, which permit down payment assistance programs in the form of gifts and grants.

“We recognize that down payment assistance programs remain a viable tool for borrowers who can afford a mortgage long term, but might need a little help getting started,” Sullivan said.

As part of its “Keys to Recovery” initiative, Fannie Mae is expanding its partnership with the National Council of State Housing Agencies. The company will provide up to $10 billion in financing to help Housing Finance Authorities (HFA) serve Orlando first-time homebuyers of modest means. In some cases, Fannie Mae will purchase HFA mortgages that have greater than 97 percent loan-to-value ratios.

The first “Keys to Recovery” initiative that Fannie Mae announced on May 6, 2008 also includes: streamlined refinancing for Fannie Mae borrowers whose mortgage balances exceed the value of their homes; improved pricing for jumbo-conforming mortgages to help borrowers in high-cost areas; and a neighborhood stabilization initiative with the Center for Community Self-Help for targeted areas with high home foreclosures.

Orlando Florida Real Estate – Celebrity Homes Around The U.S.

February 16th, 2016

Where they grew up and where they call home now: rags to riches celebrity real estate stories

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Eddie Murphy, See Home

Beverly Hills, CA – Eddie Murphy built a Mission-style $20 million mission in 2005.

Edward Regan “Eddie” Murphy (born April 3, 1961) is an Academy Award-nominated, Golden Globe-, Screen Actors Guild Award-winning American actor, film director, producer and comedian. Murphy ranks as the number one grossing film star in history, having a total of 33 films to date, his films grossing over $3.4 billion in the US alone, averaging $104 million per film.[1] He was a regular cast member on Saturday Night Live from 1980 to 1984, and has worked as a stand-up comedian. He has also enjoyed a minor singing career.

Murphy was born in Brooklyn, New York and grew up in the 1960’s where the median home price was $75,400.

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Oprah Winfrey, See Home

Oprah resides in a $55 mil home in Montecito, CA with 14 bathrooms and 10 fireplaces.

Oprah Gail Winfrey (born January 29, 1954), often referred to simply as Oprah, is an Americantelevision host, media mogul, and philanthropist. Her internationally-syndicatedtalk show, The Oprah Winfrey Show, has earned her multiple Emmy Awards and is the highest-rated talk show in the history of television.[2] She is also an influential book critic, an Academy Award-nominated actress, and a magazine publisher.

Oprah was born in rural Mississippi but grew up in an inner cityMilwaukee neighborhood in the 1960’s where the median home price was $60,600.

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J.Lo, See Home

Los Angeles, CA – J.Lo lives in a seven bedroom and fourteen bathroom, 12,217 sq. ft home in

Jennifer Lynn Lopez (born July 24, 1969),[1] popularly nicknamed J.Lo, is an Americanactress, singer, songwriter, record producer, dancer, fashion designer, and television producer. She is the richest person of Latin American descent in Hollywood according to Forbes, and the most influential Hispanic entertainer in America according to People en Español‘s list of “100 Most Influential Hispanics”.[2]

Jennifer Lopez was born in the South Bronx, New York and grew up in the 1970’s where the median home price was $86,400.

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John Travolta, See Home

 

Ocala, FL – John Travolta built this $2.5 million dollar Florida house at the end of a private runway in Ocala, Florida, which includes parking for his Boeing 707 and Gulfstream jets. Oh, and a 16-car garage.

John Joseph Travolta (born February 18, 1954) is an Academy Award-nominated and Golden Globe Award-winning Americanactor, dancer, and singer, best known for his leading roles in films such as Saturday Night Fever, Grease, Pulp Fiction, Hairspray, and Battlefield Earth.

Travolta  was born in Englewood, New Jersey and grew up in the 1960’s where the median home price was $76,900.5

Billy Joel, See Home

Miami, FL – Billy Joel’s $35 million dollar, 7 bedroom modernist Miami mansion sits on a private island.

William Joseph Martin “Billy” Joel (born May 9, 1949) is an Americanpianist and singer-songwriter. He released his first hit song, “Piano Man“, in 1973. According to the RIAA, he is the sixth best-selling recording artist in the United States.[1]

Born in the Bronx, New York, Joel was raised in Hicksville, New York during the 1950’s where the median home price was $61,500.

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Will Smith, See Home

Los Angeles – The Fresh Prince renovated this Calabasas castle, worth nearly $20 million. It has its own lake. Mr. and Mrs. Smith have their own full-sized basketball and tennis courts too!

Willard Christopher “Will” Smith, Jr. (born September 25, 1968) is an Americanactor and rapper. He is one of a small group of people who have enjoyed success in three major entertainment media in the United States. Newsweek has called him the most powerful actor on the planet.[1] Smith has been nominated for a Golden Globe, two Academy Awards, and has won multiple Grammys.

Will Smith was born and raised in West Philadelphia and Germantown in Northwest Philadelphia during the 1970’s where the median home price was $52,200.

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Halle Berry, See Home

Malibu, CA – Halle Berry’s owns an $8 million estate in Malibu, CA. Nearly every room has a coastline view.

Halle Maria Berry (IPA:; born August 14, 1966)[1] is an Americanactress, former fashion model and beauty queen. Berry has received Emmy and Golden Globe awards for Introducing Dorothy Dandridge,[2] and an Academy Award for Best Actress in 2002 for her performance in Monster’s Ball, becoming the first and still only woman of African-American descent to have won the award for Best Actress.

Halle was born in Cleveland Ohio and grew up in the 1970s where the median home price was $67,600.

8 Brad Pitt, See Home

Malibu, FL – Brad Pitt’s cliffside crib in Malibu, just $4.5 million.

William Bradley “Brad” Pitt (born December 18, 1963) is an Americanactor, film producer, and social activist. He became famous during the mid 1990s after starring in several major Hollywood films.[1] Pitt received a Golden Globe Award and an Academy Award nomination for his role in the 1995 film Twelve Monkeys.[1]

Pitt was born in Shawnee, Oklahoma and grew up during the 1970s where the median home price was $42,600.

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Ryan Seacrest, See Home

Los Angeles, CA – Ryan Seacrest recently purchased Kevin Costner’s Los Angeles home for $11.5 million.

Ryan John Seacrest is an Americantelevision/radio host and television producer.His first big break after college was him hosting a small radio station called Star 94. Then, He rose to fame as the host of American Idol, and he has since gone on to host E! News Live, Dick Clark’s New Year’s Rockin’ Eve, as well as such radio shows as On Air with Ryan Seacrest on KIIS-FM in Los Angeles and American Top 40.

Ryan Seacrest was born on Christmas Eve in Dunwoody, Georgia and grew up during the 1980’s $73,000.

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Sylvester Stallone, See Home

Beverly Park, CA – Sylvester Stallone’s owns a $10 million 15,121 sq. ft. mansion in Beverly Park.

Sylvester Gardenzio Stallone[1] (born July 6, 1946) is an Academy Award-nominated Americanactor, director, producer and screenwriter. One of the biggest box office draws in the world from the ’70s to the early ’90s, Stallone is an international icon of machismo and Hollywood action heroism. He has played two characters who have become a part of the American cultural lexicon: Rocky Balboa, the boxer who overcame all odds to become a champion, and John Rambo, a sensitive soldier who specialized in violent rescues and revenge.

Orlando Florida Real Estate Home Buyers – Should You Buy Now Or Wait?

January 21st, 2016

Orlando Florida Real Estate Resource

Orlando and Seminole County Home Buyers – Title Insurance Is A Must!

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Here’s an FYI for all you “I want to wait for prices to drop more” Orlando Florida Real Estate home buyers.

Waiting may well make your Orlando area home MORE expensive not less! How is that possible if the prices of Orlando Forida Real Estate drop? Unless a home buyer really does pay all cash, even a small increase in intrest rates can wind up wiping out most, if not all of the saving from the price decrease, due to the increased interest costs. And as the article below indicates – interest rates are very likely to be going UP.

Here is a simplified example: On a $220,000 house, if the price goes DOWN by $10,000 but interest rates go UP by only 3/4%, then an Orlando Florida home buyer will pay $8,600 MORE in interest during the first 10 years and $17,200 MORE during the first 20 years. Pull out your financial calculator and check it out! Oh – the monthly payments are nearly $400 MORE per year too!

[Price NOW $220,000 – With a $20,000 down payment and $200,000 30yr fixed rate mortgage at 6% – will result in $111,263.58 of interest during the 1st 10 years.

If the price drops by $10,000 to $210,000 and Orlando Florida Real Estate intrest rates increase by only 3/4% – With a $20,000 down payment and $190,000 30 yr fixed rate mortgage at 6.75% – this will result in $119,952.26 of interest during 1st 10 years.]

So to paraphrase an old saying – An Orlando Florida home buyer who hesitates may suffer a big loss!

Lake Mary Luxury Homes – New Construction!

January 21st, 2016

Orlando Florida Real Estate Resource

Lake Mary New Construction, Luxury Homes – A Rare Find!

It’s quite rare these days to find new construction homes in Lake Mary Florida, ranked 4th in CNN’s Top 100 Best Places to Live!  The Key West inspired homes of Banyon Pointe are a rare gem in the heart of Lake Mary.  Banyon Pointe is an exclusive, maintenance-free, gated community of only thirty-three luxury single family homes.  But hurry…at I write this, only 15 lots remain available.

The homes in Banyan Pointe’s charming community combine the charm of Key West’s architecture and design with the most modern building techniques and appointments.  The use of living space is maximized with their modern and extremely functional floor plans, while the exterior features authentic coastal paint schemes and trim details.  And to top it all off, yard and lawn maintenance are taken care of by the HOA.  This is worry free living at it’s best!

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Residents will enjoy floorplans offering spectacular designs, perfect for both entertaining and relaxing.  The flexible floorplans allow easy customization, featuring media rooms, game rooms, fireplaces and more!  Many of their standard features are what other builders consider to be upgrades and options.  View many of their standard features below.

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With only 33 homes in the community, resale homes will be a rare find.  Click here for a complete list of Banyon Pointe’s home’s currently on the market.  If there are none available now, we’d be happy to notify you as soon as a Banyon Pointe home becomes available.  Simply contact us to let us know.

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Banyan Pointe Homes Standard Features
Classic Exteriors:
Flood lights on rear per plan
Cementitious siding on second floor per plan
8 Fiberglass three-quarter French front entry door with sidelights per plan
Large covered porch per plan
Balconies per plan
Designer selected exterior color schemes
Acrylic decking on rear lanai
Sherwin Williams LOXON exterior paint
Designer handle set door hardware with deadbolt on entry door
Professionally designed Landscaping
Dimensional architectural roof shingles with standing seam metal accents per plan
Decorative corbels and brackets per plan
8 Designer garage doors
Garage door opener with two remotes and keypad
Brick paver walkways, driveways and front porch
(2) Hose bibs per plan
(2) Weatherproof electrical receptacles per plan

Interior Features:
Ceramic tile foyer, kitchen, bathrooms and laundry room per plan
Stain resistant carpet
Base colonial trim with upgraded Howe casing
Crown molding in foyer, living room, and dining room per plan
Two panel interior doors
8 Interior doors on first floor per plan
10 Ceiling height on first floor per plan
9 Ceiling height on second floor per plan
Designer lever style door hardware
Rocker light switches
Lighting Allowance
Sherwin Williams Washable interior paint   
Pedestal sink in powder bath per plan
Designer Moen faucets
Solid surface countertops in all baths per plan
Oval beveled edge mirror in powder room
Bevel edge mirrors in master bath and secondary baths
Bevel edge medicine cabinets per plan
Elongated water closets in all baths
RG6 Cable prewire in family room and all bedrooms
Cat 5 phone prewire in kitchen and all bedrooms
Paddle fan prewire in family room, all bedrooms and lanai per plan
Smoke detectors per plan
Carbon monoxide detectors per plan
Knockdown textured ceilings
Orange peel textured interior walls
Wood window sills
Convenient valet center per plan
Tandem garage space per plan

Gourmet Kitchen Features:
Tile flooring
Upgraded designer cabinets 
Solid surface countertops and 3 backsplash
Integrated solid surface sink
Designer Moen faucet with side sprayer
Raised bar area per plan
Closet pantry per plan
Butler pantry per plan
GE Built in wall microwave / self cleaning oven
GE Electric clean design cooktop
GE Multi-cycle dishwasher
H.P. Disposal
Icemaker connection

Master Suite Features:
Spacious walk-in closets with vinyl clad ventilated shelving and super slide
Garden tub
Linen closet per plan
Full width mirror with bevel edge
Designer Moen faucets
Walk-in shower per plan
Solid surface countertop 

Energy Advantage Package:
Environments for Living   Gold Level Energy Program qualifies for Environmental Protection Agencys Energy Star designation
Double pane insulated low-E glass vinyl windows
R-30 Ceiling insulation second floor
R-4.1 Insulation on concrete exterior walls
R-13 Frame wall insulation
Polycell foam caulking around doors and windows
Lennox Efficient 14 SEER HVAC system
Digital programmable thermostat
Energy efficient 50 gallon water heater
Concrete block construction
Off ridge roof vents
Maintenance-free continuous vent soffits and fascia

Ashton Woods Advantage Package:
Builder warranty program
10 Year RWC limited structural warranty
Personalized Home Orientation during the construction process
Personalized interior design and color consultation at Ashton Woods Design Center
Personalized Lighting Center consultation
Home Owner Guide Portfolio   a guide to using your home
Convenient services provided by Ashton Woods Mortgage and Ashton Woods Title

Outstanding Environment:
Professionally designed landscape
Gated entry
Charming streetscape with sidewalks and decorative lighting throughout
Private Homeowners Association with protective covenants and restrictions to assure continuous community integrity
Yard and lawn maintenance included in Homeowners Association

Heathrow Florida Real Estate Market Facts – Everything You Need To Know!

January 21st, 2016

Heathrow Florida Real Estate Market Facts – Everything You Need To Know!

Here Are Some Local Factors That Affect Home Values In Heathrow Florida

City Overview

As of 2007, Heathrow’s population was 5,372 people. Since 2000, it has had a population growth of 32.06 percent.

The median home cost in Heathrow is $399,900. Home appreciation the last year has been -11.11 percent.

Compared to the rest of the country, Heathrow’s cost of living is 8.78% Higher than the U.S. average.

Heathrow public schools spend $4,573 per student. The average school expenditure in the U.S. is $6,058. There are about 18 students per teacher in Heathrow.

The unemployment rate in Heathrow is 2.80 percent(U.S. avg. is 4.60%). Recent job growth is Positive. Heathrow jobs have Increased by 2.78 percent.

Search All Heathrow Florida Homes For Sale

Looking for specific information regarding Heathrow Florida real estate prices and communities?   

Read Also:  Orlando Florida Facts & Resources

People

The 2007 Heathrow, FL, population is 5,372. There are 1,939 people per square mile (population density).

Family in Heathrow, FL

The median age is 42.6. The US median is 37.6. 68.18% of people in Heathrow, FL, are married. 9.24% are divorced.

The average household size is 2.22 people. 21.97% of people are married, with children. 3.07% have children, but are single.

Race in Heathrow, FL

87.49% of people are white, 4.30% are black, 5.77% are Asian, 0.15% are native American, and 2.84% claim ‘Other’.

7.73% of the people in Heathrow, FL, claim Hispanic ethnicity (meaning 92.27% are non-Hispanic).

 

People Heathrow, FL United States
Population 5,372 293,655,400
Pop. Density 1,939 80
Pop. Change 32.06% 5.88%
Median Age 42.6 37.6
Households 2,395 108,954,329
Household Size 2.22 2.6
Male Population 49.05% 48.65%
Female Population 50.95% 51.35%
Married Population 68.18% 58.89%
Single Population 31.82% 41.11%

 

 

Economy

The unemployment rate in Heathrow, FL, is 2.80%, with job growth of 2.78%. Future job growth over the next ten years is predicted to be 28.85%.

Heathrow, FL Taxes

Heathrow, FL, sales tax rate is 7.00%. Income tax is 0.00%.

Heathrow, FL Income and Salaries

The income per capita is $64,413, which includes all adults and children. The median household income is $98,326.

 

Economy Heathrow, FL United States
Unemployment Rate 2.80% 4.60%
Recent Job Growth 2.78% 1.40%
Future Job Growth 28.85% 11.90%
Sales Taxes 7.00% 6.00%
Income Taxes 0.00% 5.02%
Income per Cap. $64,413 $24,020
Household Income $98,326 $44,684
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME    
Income Less Than 15K 7.80% 13.64%
Income between 15K and 25K 4.24% 11.21%
Income between 25K and 35K 3.90% 11.46%
Income between 35K and 50K 5.00% 15.84%
Income between 50K and 75K 16.57% 19.28%
Income between 75K and 100K 13.39% 11.53%
Income between 100K and 150K 17.67% 10.70%
Income between 150K and 250K 17.97% 4.43%
Income between 250K and 500K 9.07% 1.31%
Income greater than 500K 4.41% 0.61%
POPULATION BY OCCUPATION    
Management, Business, and Financial Operations 37.22% 13.61%
Professional and Related Occupations 24.88% 20.24%
Service 4.80% 14.75%
Sales and Office 29.31% 26.74%
Farming, Fishing, and Forestry 0.00% 0.74%
Construction, Extraction, and Maintenance 1.41% 9.48%
Production, Transportation, and Material Moving 2.38% 14.44%

 

 

Housing

The median home value in Heathrow, FL, is $399,900. Home appreciation is -11.11% over the last year. The median age of Heathrow, FL, real estate is 9 years.

Heathrow, FL Apartments and Rentals

Renters make up 24.25% of the Heathrow, FL, population. 9.48% of houses and apartments in Heathrow, FL, are unoccupied (vacancy rate).

 

Housing Heathrow, FL United States
Median Home Age 9 27
Median Home Cost $399,900 $217,200
Home Appreciation -11.11% 9.80%
Homes Owned 66.44% 64.07%
Housing Vacant 9.48% 14.48%
Homes Rented 24.25% 21.45%
Property Tax Rate $12.46 $13.28
OWNER-OCCUPIED HOUSING UNITS BY VALUE    
Less Than $20,000 0.00% 3.01%
$20,000 to $39,999 0.00% 4.37%
$40,000 to $59,999 0.00% 5.74%
$60,000 to $79,999 0.40% 7.07%
$80,000 to $99,999 0.64% 8.41%
$100,000 to $149,999 2.66% 19.74%
$150,000 to $199,999 5.32% 14.06%
$200,000 to $299,999 35.95% 16.59%
$300,000 to $399,999 21.85% 8.21%
$400,000 to $499,999 14.28% 4.53%
$500,000 to $749,999 15.90% 4.75%
$1,000,000 or more 0.00% 1.86%
HOUSING UNITS BY YEAR STRUCTURE BUILT    
1999 to October 2005 32.02% 10.15%
1995 to 1998 28.53% 6.69%
1990 to 1994 20.09% 6.70%
1980 to 1989 16.10% 14.75%
1970 to 1979 1.50% 17.11%
1960 to 1969 1.42% 12.78%
1950 to 1959 0.00% 11.64%
1940 to 1949 0.00% 6.64%
1939 or Earlier 0.35% 13.55%

 

 

Health

There are 171 physicians per capita in Heathrow, FL. The US average is 170.

Heathrow, FL Health Index

Air quality in Heathrow, FL is 32 on a scale to 100 (higher is better). This is based on ozone alert days and number of pollutants in the air, as reported by the EPA.

Water quality in Heathrow, FL is 60 on a scale to 100 (higher is better). The EPA has a complex method of measuring watershed quality using 15 indicators.

Superfund index is 100 on a scale to 100 (higher is better). This is upon the number and impact of EPA Superfund pollution sites in the county, including spending on the cleanup efforts.

 

Health Heathrow, FL United States
Air Quality (100=best) 32 48
Water Quality (100=best) 60 55
Superfund Sites (100=best) 100 71
Physicians per 100k 171.2 169.7

 

 

Crime

Heathrow, FL, violent crime, on a scale from 1 (low crime) to 10, is 4. Violent crime is composed of four offenses: murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.

Heathrow, FL, property crime, on a scale from 1 (low) to 10, is 5. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.

 

Crime Heathrow, FL United States
Violent Crime 4 3
Property Crime 5 3

 

 

Climate

Heathrow, FL, gets 55 inches of rain per year. The US average is 37. Snowfall is 0 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 117.

On average, there are 236 sunny days per year in Heathrow, FL. The July high is around 92 degrees. The January low is 48. Our comfort index, which is based on humidity during the hot months, is a 28 out of 100, where higher is more comfortable. The US average on the comfort index is 44.

 

Climate Heathrow, FL United States
Rainfall (in.) 54.8 36.6
Snowfall (in.) 0 25.2
Precipitation Days 117 101
Sunny Days 236 205
Avg. July High 92 86.5
Avg. Jan. Low 47.8 20.8
Comfort Index (higher=better) 28 44
UV Index 6.5 4.3
Elevation ft. 16 1,062

 

 

Education

Heathrow, FL, schools spend $4,573 per student. There are 18 pupils per teacher, 704 students per librarian, and 495 children per counselor in Heathrow, FL schools.

 

Education Heathrow, FL United States
School Expend. $4,573 $6,058
Pupil/Teacher Ratio 18 15.9
Students per Librarian 704 907
Students per Counselor 495 546
2 yr College Grad. 8.72% 8.22%
4 yr College Grad. 32.16% 15.16%
Graduate Degrees 20.17% 7.16%
High School Grads. 94.71% 79.62%

 

 

Transportation

The average one-way commute in Heathrow, FL, takes 27 minutes. 88% of commuters drive their own car alone. 7% carpool with others. 1% take mass transit and 4% work from home.

 

Transportation Heathrow, FL United States
Commute Time 26.5 27.4
COMMUTE MODE    
Auto (alone) 87.82% 71.32%
Carpool 7.13% 14.52%
Mass Transit 0.54% 2.00%
Work at Home 3.79% 5.46%
COMMUTE TIME TO WORK    
Commute Less Than 15 min. 28.10% 28.89%
Commute 15 to 29 min. 39.45% 36.08%
Commute 30 to 44 min. 21.15% 19.35%
Commute 45 to 59 min. 4.45% 7.57%
Commute greater than 60 min. 6.86% 8.12%

 

 

Cost of Living

Our cost of living indices are based on a US average of 100. An amount below 100 means Heathrow, FL is cheaper than the US average. A cost of living index above 100 means Heathrow, FL is more expensive.

Overall, Heathrow, FL cost of living is 108.78.

 

Costofliving Heathrow, FL United States
Overall 109 100
Food 102 100
Utilities 102 100
Miscellaneous 98 100

 

 

Religion

36.77% of the people in Heathrow, FL are religious, meaning they affiliate with a religion. 16.48% are Catholic; 13.62% are Protestant; 0.50% are LDS; 5.16% are another Christian faith; 0.99% in Heathrow, FL are Jewish; 0.03% are an eastern faith; 0.00% affiliate with Islam.

 

Religion Heathrow, FL United States
Percent Religious 36.77% 50.03%
Catholic 16.48% 21.92%
Protestant 13.62% 19.12%
LDS 0.50% 1.57%
Baptist 5.57% 8.16%
Episcopalian 0.67% 8.12%
Pentecostal 1.42% 1.89%
Lutheran 1.85% 2.81%
Methodist 2.64% 3.84%
Presbyterian 1.47% 1.33%
Other Christian 5.16% 4.66%
Jewish 0.99% 2.16%
Eastern 0.03% 0.05%
Islam 0.00% 0.54%

 

 

Voting

41.34% of the people in Heathrow, FL are registered as Democrats. 58.10% are registered Republican. Remaining are independent: 0.56%.

 

Voting Heathrow, FL United States
Democrat 41.339% 48.590%
Republican 58.096% 51.070%
Independent Other 0.000% 0.066%
Independent Liberal 0.344% 0.475%
Independent Conservative 0.221% 0.447%

 

Casselberry Florida Real Estate Market Facts – Everything You Need To Know!

January 21st, 2016

Orlando Florida Real Estate Resource

Casselberry Florida Real Estate Market Facts – Everything You Need To Know!

post 22-1

Here Are Some Local Factors That Affect Home Values In Casselberry Florida

City Overview

As of 2007, Casselberry’s population was 24,647 people. Since 2000, it has had a population growth of 8.92 percent.

The median home cost in Casselberry is $279,800. Home appreciation the last year has been -2.12 percent.

Compared to the rest of the country, Casselberry’s cost of living is 5.06% Lower than the U.S. average.

Casselberry public schools spend $4,714 per student. The average school expenditure in the U.S. is $6,058. There are about 17 students per teacher in Casselberry.

The unemployment rate in Casselberry is 2.90 percent(U.S. avg. is 4.60%). Recent job growth is Positive. Casselberry jobs have Increased by 2.78 percent.

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Looking for specific information regarding Casselberry Florida real estate prices and communities?    Get Your Free Market Snapshot.

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People

The 2007 Casselberry, FL, population is 24,647. There are 3,707 people per square mile (population density).

Family in Casselberry, FL

The median age is 38.7. The US median is 37.6. 50.55% of people in Casselberry, FL, are married. 15.49% are divorced.

The average household size is 2.26 people. 15.80% of people are married, with children. 8.67% have children, but are single.

Race in Casselberry, FL

83.94% of people are white, 6.36% are black, 2.22% are asian, 0.21% are native american, and 8.06% claim ‘Other’.

18.16% of the people in Casselberry, FL, claim hispanic ethnicity (meaning 81.84% are non-hispanic).

 

People Casselberry, FL United States
Population 24,647 293,655,400
Pop. Density 3,707 80
Pop. Change 8.92% 5.88%
Median Age 38.7 37.6
Households 10,841 108,954,329
Household Size 2.26 2.6
Male Population 48.74% 48.65%
Female Population 51.26% 51.35%
Married Population 50.55% 58.89%
Single Population 49.45% 41.11%

Economy

The unemployment rate in Casselberry, FL, is 2.90%, with job growth of 2.78%. Future job growth over the next ten years is predicted to be 27.36%.

Casselberry, FL Taxes

Casselberry, FL,sales tax rate is 7.00%. Income tax is 0.00%.

Casselberry, FL Income and Salaries

The income per capita is $22,456, which includes all adults and children. The median household income is $42,862.

 

Economy Casselberry, FL United States
Unemployment Rate 2.90% 4.60%
Recent Job Growth 2.78% 1.40%
Future Job Growth 27.36% 11.90%
Sales Taxes 7.00% 6.00%
Income Taxes 0.00% 5.02%
Income per Cap. $22,456 $24,020
Household Income $42,862 $44,684
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME    
Income Less Than 15K 12.66% 13.64%
Income between 15K and 25K 13.88% 11.21%
Income between 25K and 35K 13.50% 11.46%
Income between 35K and 50K 20.48% 15.84%
Income between 50K and 75K 22.19% 19.28%
Income between 75K and 100K 8.52% 11.53%
Income between 100K and 150K 6.63% 10.70%
Income between 150K and 250K 1.87% 4.43%
Income between 250K and 500K 0.24% 1.31%
Income greater than 500K 0.03% 0.61%
POPULATION BY OCCUPATION    
Management, Business, and Financial Operations 12.82% 13.61%
Professional and Related Occupations 15.91% 20.24%
Service 15.80% 14.75%
Sales and Office 35.19% 26.74%
Farming, Fishing, and Forestry 0.17% 0.74%
Construction, Extraction, and Maintenance 11.01% 9.48%
Production, Transportation, and Material Moving 9.10% 14.44%

Housing

The median home value in Casselberry, FL, is $279,800. Home appreciation is -2.12% over the last year. The median age of Casselberry, FL, real estate is 26 years.

Casselberry, FL Apartments and Rentals

Renters make up 36.05% of the Casselberry, FL, population. 6.53% of houses and apartments in Casselberry, FL, are unoccupied (vacancy rate).

 

Housing Casselberry, FL United States
Median Home Age 26 27
Median Home Cost $279,800 $217,200
Home Appreciation -2.12% 9.80%
Homes Owned 57.65% 64.07%
Housing Vacant 6.53% 14.48%
Homes Rented 36.05% 21.45%
Property Tax Rate $12.46 $13.28
OWNER-OCCUPIED HOUSING UNITS BY VALUE    
Less Than $20,000 3.04% 3.01%
$20,000 to $39,999 5.59% 4.37%
$40,000 to $59,999 4.42% 5.74%
$60,000 to $79,999 6.26% 7.07%
$80,000 to $99,999 11.40% 8.41%
$100,000 to $149,999 48.92% 19.74%
$150,000 to $199,999 13.53% 14.06%
$200,000 to $299,999 5.44% 16.59%
$300,000 to $399,999 1.22% 8.21%
$400,000 to $499,999 0.13% 4.53%
$500,000 to $749,999 0.06% 4.75%
$1,000,000 or more 0.00% 1.86%
HOUSING UNITS BY YEAR STRUCTURE BUILT    
1999 to October 2005 6.77% 10.15%
1995 to 1998 2.20% 6.69%
1990 to 1994 10.97% 6.70%
1980 to 1989 25.44% 14.75%
1970 to 1979 33.09% 17.11%
1960 to 1969 14.68% 12.78%
1950 to 1959 5.26% 11.64%
1940 to 1949 0.93% 6.64%
1939 or Earlier 0.65% 13.55%

Health

There are 171 physicians per capita in Casselberry, FL. The US average is 170.

Casselberry, FL Health Index

Air quality in Casselberry, FL is 32 on a scale to 100 (higher is better). This is based on ozone alert days and number of pollutants in the air, as reported by the EPA.

Water quality in Casselberry, FL is 60 on a scale to 100 (higher is better). The EPA has a complex method of measuring watershed quality using 15 indicators.

Superfund index is 100 on a scale to 100 (higher is better). This is upon the number and impact of EPA Superfund pollution sites in the county, including spending on the cleanup efforts.

 

Health Casselberry, FL United States
Air Quality (100=best) 32 48
Water Quality (100=best) 60 55
Superfund Sites (100=best) 100 71
Physicians per 100k 170.9 169.7

Crime

Casselberry, FL, violent crime, on a scale from 1 (low crime) to 10, is 5. Violent crime is composed of four offenses: murder and nonnegligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.

Casselberry, FL, property crime, on a scale from 1 (low) to 10, is 6. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.

 

Crime Casselberry, FL United States
Violent Crime 5 3
Property Crime 6 3

Climate

Casselberry, FL, gets 51 inches of rain per year. The US average is 37. Snowfall is 0 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 113.

On average, there are 240 sunny days per year in Casselberry, FL. The July high is around 92 degrees. The January low is 50. Our comfort index, which is based on humidity during the hot months, is a 28 out of 100, where higher is more comfortable. The US average on the comfort index is 44.

 

Climate Casselberry, FL United States
Rainfall (in.) 50.8 36.6
Snowfall (in.) 0 25.2
Precipitation Days 113 101
Sunny Days 240 205
Avg. July High 92 86.5
Avg. Jan. Low 50.1 20.8
Comfort Index (higher=better) 28 44
UV Index 6.5 4.3
Elevation ft. 114 1,062

Education

Casselberry, FL, schools spend $4,714 per student. There are 17 pupils per teacher, 841 students per librarian, and 606 children per counselor in Casselberry, FL schools.

 

Education Casselberry, FL United States
School Expend. $4,714 $6,058
Pupil/Teacher Ratio 17 15.9
Students per Librarian 841 907
Students per Counselor 606 546
2 yr College Grad. 8.78% 8.22%
4 yr College Grad. 13.01% 15.16%
Graduate Degrees 6.16% 7.16%
High School Grads. 84.02% 79.62%

Transportation

The average one-way commute in Casselberry, FL, takes 29 minutes. 83% of commuters drive their own car alone. 11% carpool with others. 1% take mass transit and 2% work from home.

 

Transportation Casselberry, FL United States
Commute Time 29.1 27.4
COMMUTE MODE    
Auto (alone) 82.80% 71.32%
Carpool 11.04% 14.52%
Mass Transit 1.09% 2.00%
Work at Home 1.89% 5.46%
COMMUTE TIME TO WORK    
Commute Less Than 15 min. 23.42% 28.89%
Commute 15 to 29 min. 35.24% 36.08%
Commute 30 to 44 min. 25.79% 19.35%
Commute 45 to 59 min. 8.34% 7.57%
Commute greater than 60 min. 7.21% 8.12%

Cost of Living

Our cost of living indices are based on a US average of 100. An amount below 100 means Casselberry, FL is cheaper than the US average. A cost of living index above 100 means Casselberry, FL is more expensive.

Overall, Casselberry, FL cost of living is 94.94.

 

Costofliving Casselberry, FL United States
Overall 95 100
Food 101 100
Utilities 101 100
Miscellaneous 97 100

Religion

36.77% of the people in Casselberry, FL are religious, meaning they affiliate with a religion. 16.48% are Catholic; 13.62% are Protestant; 0.50% are LDS; 5.16% are another Christian faith; 0.99% in Casselberry, FL are Jewish; 0.03% are an eastern faith; 0.00% affilite with Islam.

 

Religion Casselberry, FL United States
Percent Religious 36.77% 50.03%
Catholic 16.48% 21.92%
Protestant 13.62% 19.12%
LDS 0.50% 1.57%
Baptist 5.57% 8.16%
Episcopalian 0.67% 8.12%
Pentecostal 1.42% 1.89%
Lutheran 1.85% 2.81%
Methodist 2.64% 3.84%
Presbyterian 1.47% 1.33%
Other Christian 5.16% 4.66%
Jewish 0.99% 2.16%
Eastern 0.03% 0.05%
Islam 0.00% 0.54%

Voting

41.34% of the people in Casselberry, FL are registered as Democrats. 58.10% are registered Republican. Remaining are independent: 0.56%.

 

Voting Casselberry, FL United States
Democrat 41.339% 48.590%
Republican 58.096% 51.070%
Independent Other 0.000% 0.066%
Independent Liberal 0.344% 0.475%
Independent Conservative 0.221% 0.447%

Maitland Florida Real Estate Market Facts – Everything You Need To Know!

January 21st, 2016

Orlando Florida Real Estate Resource

Maitland Florida Real Estate Market Facts – Everything You Need To Know!

post 22-1Here Are Some Local Factors That Affect Home Values In Maitland Florida

City Overview

As of 2007, Maitland’s population was 14,172 people. Since 2000, it has had a population growth of 17.91 percent.

The median home cost in Maitland is $384,900. Home appreciation the last year has been 8.42 percent.

Compared to the rest of the country, Maitland’s cost of living is 6.67% Higher than the U.S. average.

Maitland public schools spend $5,253 per student. The average school expenditure in the U.S. is $6,058. There are about 17 students per teacher in Maitland.

The unemployment rate in Maitland is 3.00 percent(U.S. avg. is 4.60%). Recent job growth is Positive. Maitland jobs have Increased by 2.78 percent.

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Read Also:  Orlando Florida Facts & Resources

People

The 2007 Maitland, FL, population is 14,172. There are 3,049 people per square mile (population density).

Family in Maitland, FL

The median age is 40.3. The US median is 37.6. 57.22% of people in Maitland, FL, are married. 12.55% are divorced.

The average household size is 2.44 people. 24.44% of people are married, with children. 7.64% have children, but are single.

Race in Maitland, FL

82.31% of people are white, 10.91% are black, 2.87% are asian, 0.13% are native american, and 3.53% claim ‘Other’.

7.55% of the people in Maitland, FL, claim hispanic ethnicity (meaning 92.45% are non-hispanic).

 

People Maitland, FL United States
Population 14,172 293,655,400
Pop. Density 3,049 80
Pop. Change 17.91% 5.88%
Median Age 40.3 37.6
Households 5,714 108,954,329
Household Size 2.44 2.6
Male Population 47.77% 48.65%
Female Population 52.23% 51.35%
Married Population 57.22% 58.89%
Single Population 42.78% 41.11%

 

Economy

The unemployment rate in Maitland, FL, is 3.00%, with job growth of 2.78%. Future job growth over the next ten years is predicted to be 26.75%.

Maitland, FL Taxes

Maitland, FL,sales tax rate is 6.50%. Income tax is 0.00%.

Maitland, FL Income and Salaries

The income per capita is $41,414, which includes all adults and children. The median household income is $65,640.

 

Economy Maitland, FL United States
Unemployment Rate 3.00% 4.60%
Recent Job Growth 2.78% 1.40%
Future Job Growth 26.75% 11.90%
Sales Taxes 6.50% 6.00%
Income Taxes 0.00% 5.02%
Income per Cap. $41,414 $24,020
Household Income $65,640 $44,684
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME    
Income Less Than 15K 8.16% 13.64%
Income between 15K and 25K 8.73% 11.21%
Income between 25K and 35K 7.21% 11.46%
Income between 35K and 50K 15.94% 15.84%
Income between 50K and 75K 15.61% 19.28%
Income between 75K and 100K 12.81% 11.53%
Income between 100K and 150K 15.57% 10.70%
Income between 150K and 250K 7.79% 4.43%
Income between 250K and 500K 4.65% 1.31%
Income greater than 500K 3.52% 0.61%
POPULATION BY OCCUPATION    
Management, Business, and Financial Operations 22.80% 13.61%
Professional and Related Occupations 27.76% 20.24%
Service 10.09% 14.75%
Sales and Office 28.03% 26.74%
Farming, Fishing, and Forestry 0.00% 0.74%
Construction, Extraction, and Maintenance 3.35% 9.48%
Production, Transportation, and Material Moving 7.98% 14.44%

 

Housing

The median home value in Maitland, FL, is $384,900. Home appreciation is 8.42% over the last year. The median age of Maitland, FL, real estate is 30 years.

Maitland, FL Apartments and Rentals

Renters make up 27.63% of the Maitland, FL, population. 5.50% of houses and apartments in Maitland, FL, are unoccupied (vacancy rate).

 

Housing Maitland, FL United States
Median Home Age 30 27
Median Home Cost $384,900 $217,200
Home Appreciation 8.42% 9.80%
Homes Owned 66.72% 64.07%
Housing Vacant 5.50% 14.48%
Homes Rented 27.63% 21.45%
Property Tax Rate $13.69 $13.28
OWNER-OCCUPIED HOUSING UNITS BY VALUE    
Less Than $20,000 0.23% 3.01%
$20,000 to $39,999 0.00% 4.37%
$40,000 to $59,999 0.23% 5.74%
$60,000 to $79,999 3.42% 7.07%
$80,000 to $99,999 5.84% 8.41%
$100,000 to $149,999 14.13% 19.74%
$150,000 to $199,999 12.32% 14.06%
$200,000 to $299,999 25.69% 16.59%
$300,000 to $399,999 11.09% 8.21%
$400,000 to $499,999 7.30% 4.53%
$500,000 to $749,999 11.15% 4.75%
$1,000,000 or more 3.82% 1.86%
HOUSING UNITS BY YEAR STRUCTURE BUILT    
1999 to October 2005 8.02% 10.15%
1995 to 1998 15.15% 6.69%
1990 to 1994 4.97% 6.70%
1980 to 1989 10.98% 14.75%
1970 to 1979 21.32% 17.11%
1960 to 1969 22.86% 12.78%
1950 to 1959 13.67% 11.64%
1940 to 1949 1.38% 6.64%
1939 or Earlier 1.64% 13.55%

Health

There are 232 physicians per capita in Maitland, FL. The US average is 170.

Maitland, FL Health Index

Air quality in Maitland, FL is 12 on a scale to 100 (higher is better). This is based on ozone alert days and number of pollutants in the air, as reported by the EPA.

Water quality in Maitland, FL is 61 on a scale to 100 (higher is better). The EPA has a complex method of measuring watershed quality using 15 indicators.

Superfund index is 20 on a scale to 100 (higher is better). This is upon the number and impact of EPA Superfund pollution sites in the county, including spending on the cleanup efforts.

 

Health Maitland, FL United States
Air Quality (100=best) 12 48
Water Quality (100=best) 61 55
Superfund Sites (100=best) 20 71
Physicians per 100k 232.3 169.7

Crime

Maitland, FL, violent crime, on a scale from 1 (low crime) to 10, is 7. Violent crime is composed of four offenses: murder and nonnegligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.

Maitland, FL, property crime, on a scale from 1 (low) to 10, is 8. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.

 

Crime Maitland, FL United States
Violent Crime 7 3
Property Crime 8 3

 

 

Climate

Maitland, FL, gets 52 inches of rain per year. The US average is 37. Snowfall is 0 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 122.

On average, there are 235 sunny days per year in Maitland, FL. The July high is around 93 degrees. The January low is 49. Our comfort index, which is based on humidity during the hot months, is a 28 out of 100, where higher is more comfortable. The US average on the comfort index is 44.

 

Climate Maitland, FL United States
Rainfall (in.) 52.4 36.6
Snowfall (in.) 0 25.2
Precipitation Days 122 101
Sunny Days 235 205
Avg. July High 92.6 86.5
Avg. Jan. Low 49.2 20.8
Comfort Index (higher=better) 28 44
UV Index 6.1 4.3
Elevation ft. 112 1,062

Education

Maitland, FL, schools spend $5,253 per student. There are 17 pupils per teacher, 1,445 students per librarian, and 486 children per counselor in Maitland, FL schools.

 

Education Maitland, FL United States
School Expend. $5,253 $6,058
Pupil/Teacher Ratio 17 15.9
Students per Librarian 1445 907
Students per Counselor 486 546
2 yr College Grad. 6.79% 8.22%
4 yr College Grad. 31.65% 15.16%
Graduate Degrees 19.10% 7.16%
High School Grads. 93.78% 79.62%

Transportation

The average one-way commute in Maitland, FL, takes 26 minutes. 85% of commuters drive their own car alone. 6% carpool with others. 2% take mass transit and 5% work from home.

 

Transportation Maitland, FL United States
Commute Time 26.1 27.4
COMMUTE MODE    
Auto (alone) 84.93% 71.32%
Carpool 6.13% 14.52%
Mass Transit 1.56% 2.00%
Work at Home 5.44% 5.46%
COMMUTE TIME TO WORK    
Commute Less Than 15 min. 24.24% 28.89%
Commute 15 to 29 min. 48.02% 36.08%
Commute 30 to 44 min. 16.98% 19.35%
Commute 45 to 59 min. 4.56% 7.57%
Commute greater than 60 min. 6.21% 8.12%

Cost of Living

Our cost of living indices are based on a US average of 100. An amount below 100 means Maitland, FL is cheaper than the US average. A cost of living index above 100 means Maitland, FL is more expensive.

Overall, Maitland, FL cost of living is 106.67.

 

Cost of living Maitland, FL United States
Overall 107 100
Food 101 100
Utilities 102 100
Miscellaneous 99 100

Religion

40.25% of the people in Maitland, FL are religious, meaning they affiliate with a religion. 13.25% are Catholic; 20.55% are Protestant; 0.63% are LDS; 4.31% are another Christian faith; 1.23% in Maitland, FL are Jewish; 0.04% are an eastern faith; 0.24% affilite with Islam.

 

Religion Maitland, FL United States
Percent Religious 40.25% 50.03%
Catholic 13.25% 21.92%
Protestant 20.55% 19.12%
LDS 0.63% 1.57%
Baptist 8.66% 8.16%
Episcopalian 0.99% 8.12%
Pentecostal 4.32% 1.89%
Lutheran 1.14% 2.81%
Methodist 3.36% 3.84%
Presbyterian 2.07% 1.33%
Other Christian 4.31% 4.66%
Jewish 1.23% 2.16%
Eastern 0.04% 0.05%
Islam 0.24% 0.54%

Voting

49.83% of the people in Maitland, FL are registered as Democrats. 49.62% are registered Republican. Remaining are independent: 0.55%.

 

Voting Maitland, FL United States
Democrat 49.828% 48.590%
Republican 49.618% 51.070%
Independent Other 0.000% 0.066%
Independent Liberal 0.341% 0.475%
Independent Conservative 0.213% 0.447%

Apopka Florida Real Estate Market Facts – Everything You Need To Know!

January 21st, 2016

Orlando Florida Real Estate Resource

Apopka Florida Real Estate Market Facts – Everything You Need To Know!

post 21-1

Here Are Some Local Factors That Affect Home Values In Apopka Florida

City Overview

As of 2007, Apopka’s population is 35,563 people. Since 2000, it has had a population growth of 33.48 percent.

The median home cost in Apopka is $280,700. Home appreciation the last year has been -3.53 percent.

Compared to the rest of the country, Apopka’s cost of living is 4.93% Lower than the U.S. average.

Apopka public schools spend $5,245 per student. The average school expenditure in the U.S. is $6,058. There are about 18 students per teacher in Apopka.

The unemployment rate in Apopka is 2.80 percent(U.S. avg. is 4.60%). Recent job growth is Positive. Apopka jobs have Increased by 2.78 percent.

 

Search All Apopka Florida Homes For Sale

Looking for specific information regarding Apopka Florida real estate prices and communities?    Get Your Free Market Snapshot.

Read Also:  Orlando Florida Facts & Resources

People

The 2007 Apopka, FL, population is 35,563. There are 1,483 people per square mile (population density).

Family in Apopka, FL

The median age is 34.4. The US median is 37.6. 60.63% of people in Apopka, FL, are married. 12.95% are divorced.

The average household size is 2.77 people. 26.33% of people are married, with children. 11.12% have children, but are single.

Race in Apopka, FL

68.29% of people are white, 18.75% are black, 2.30% are asian, 0.45% are native american, and 9.54% claim ‘Other’.

21.83% of the people in Apopka, FL, claim hispanic ethnicity (meaning 78.17% are non-hispanic).

 

People Apopka, FL United States
Population 35,563 293,655,400
Pop. Density 1,483 80
Pop. Change 33.48% 5.88%
Median Age 34.4 37.6
Households 12,686 108,954,329
Household Size 2.77 2.6
Male Population 48.11% 48.65%
Female Population 51.89% 51.35%
Married Population 60.63% 58.89%
Single Population 39.37% 41.11%

Economy

The unemployment rate in Apopka, FL, is 2.80%, with job growth of 2.78%. Future job growth over the next ten years is predicted to be 27.48%.

Apopka, FL Taxes

Apopka, FL,sales tax rate is 6.50%. Income tax is 0.00%.

Apopka, FL Income and Salaries

The income per capita is $21,400, which includes all adults and children. The median household income is $49,436.

 

Economy Apopka, FL United States
Unemployment Rate 2.80% 4.60%
Recent Job Growth 2.78% 1.40%
Future Job Growth 27.48% 11.90%
Sales Taxes 6.50% 6.00%
Income Taxes 0.00% 5.02%
Income per Cap. $21,400 $24,020
Household Income $49,436 $44,684
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME    
Income Less Than 15K 9.31% 13.64%
Income between 15K and 25K 9.65% 11.21%
Income between 25K and 35K 13.10% 11.46%
Income between 35K and 50K 19.77% 15.84%
Income between 50K and 75K 22.78% 19.28%
Income between 75K and 100K 11.73% 11.53%
Income between 100K and 150K 9.67% 10.70%
Income between 150K and 250K 3.39% 4.43%
Income between 250K and 500K 0.43% 1.31%
Income greater than 500K 0.19% 0.61%
POPULATION BY OCCUPATION    
Management, Business, and Financial Operations 15.17% 13.61%
Professional and Related Occupations 18.69% 20.24%
Service 12.64% 14.75%
Sales and Office 31.49% 26.74%
Farming, Fishing, and Forestry 1.90% 0.74%
Construction, Extraction, and Maintenance 8.80% 9.48%
Production, Transportation, and Material Moving 11.30% 14.44%

Housing

The median home value in Apopka, FL, is $280,700. Home appreciation is -3.53% over the last year. The median age of Apopka, FL, real estate is 13 years.

Apopka, FL Apartments and Rentals

Renters make up 22.06% of the Apopka, FL, population. 5.11% of houses and apartments in Apopka, FL, are unoccupied (vacancy rate).

 

Housing Apopka, FL United States
Median Home Age 13 27
Median Home Cost $280,700 $217,200
Home Appreciation -3.53% 9.80%
Homes Owned 72.19% 64.07%
Housing Vacant 5.11% 14.48%
Homes Rented 22.06% 21.45%
Property Tax Rate $13.69 $13.28
OWNER-OCCUPIED HOUSING UNITS BY VALUE    
Less Than $20,000 3.80% 3.01%
$20,000 to $39,999 1.54% 4.37%
$40,000 to $59,999 1.27% 5.74%
$60,000 to $79,999 3.08% 7.07%
$80,000 to $99,999 9.29% 8.41%
$100,000 to $149,999 39.47% 19.74%
$150,000 to $199,999 23.56% 14.06%
$200,000 to $299,999 13.84% 16.59%
$300,000 to $399,999 3.10% 8.21%
$400,000 to $499,999 0.67% 4.53%
$500,000 to $749,999 0.37% 4.75%
$1,000,000 or more 0.00% 1.86%
HOUSING UNITS BY YEAR STRUCTURE BUILT    
1999 to October 2005 22.06% 10.15%
1995 to 1998 16.48% 6.69%
1990 to 1994 17.26% 6.70%
1980 to 1989 25.14% 14.75%
1970 to 1979 9.16% 17.11%
1960 to 1969 3.14% 12.78%
1950 to 1959 3.80% 11.64%
1940 to 1949 1.45% 6.64%
1939 or Earlier 1.51% 13.55%

Health

There are 232 physicians per capita in Apopka, FL. The US average is 170.

Apopka, FL Health Index

Air quality in Apopka, FL is 12 on a scale to 100 (higher is better). This is based on ozone alert days and number of pollutants in the air, as reported by the EPA.

Water quality in Apopka, FL is 60 on a scale to 100 (higher is better). The EPA has a complex method of measuring watershed quality using 15 indicators.

Superfund index is 20 on a scale to 100 (higher is better). This is upon the number and impact of EPA Superfund pollution sites in the county, including spending on the cleanup efforts.

 

Health Apopka, FL United States
Air Quality (100=best) 12 48
Water Quality (100=best) 60 55
Superfund Sites (100=best) 20 71
Physicians per 100k 231.7 169.7

Crime

Apopka, FL, violent crime, on a scale from 1 (low crime) to 10, is 7. Violent crime is composed of four offenses: murder and nonnegligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.

Apopka, FL, property crime, on a scale from 1 (low) to 10, is 9. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.

 

Crime Apopka, FL United States
Violent Crime 7 3
Property Crime 9 3

Climate

Apopka, FL, gets 50 inches of rain per year. The US average is 37. Snowfall is 0 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 100.

On average, there are 241 sunny days per year in Apopka, FL. The July high is around 92 degrees. The January low is 48. Our comfort index, which is based on humidity during the hot months, is a 27 out of 100, where higher is more comfortable. The US average on the comfort index is 44.

 

Climate Apopka, FL United States
Rainfall (in.) 50.3 36.6
Snowfall (in.) 0 25.2
Precipitation Days 100 101
Sunny Days 241 205
Avg. July High 91.6 86.5
Avg. Jan. Low 48.1 20.8
Comfort Index (higher=better) 27 44
UV Index 6.1 4.3
Elevation ft. 121 1,062

Education

Apopka, FL, schools spend $5,245 per student. There are 18 pupils per teacher, 1,337 students per librarian, and 531 children per counselor in Apopka, FL schools.

 

Education Apopka, FL United States
School Expend. $5,245 $6,058
Pupil/Teacher Ratio 18 15.9
Students per Librarian 1337 907
Students per Counselor 531 546
2 yr College Grad. 10.62% 8.22%
4 yr College Grad. 14.95% 15.16%
Graduate Degrees 7.31% 7.16%
High School Grads. 82.06% 79.62%

Transportation

The average one-way commute in Apopka, FL, takes 32 minutes. 81% of commuters drive their own car alone. 13% carpool with others. 1% take mass transit and 2% work from home.

 

Transportation Apopka, FL United States
Commute Time 32.3 27.4
COMMUTE MODE    
Auto (alone) 81.36% 71.32%
Carpool 12.92% 14.52%
Mass Transit 1.11% 2.00%
Work at Home 2.43% 5.46%
COMMUTE TIME TO WORK    
Commute Less Than 15 min. 18.42% 28.89%
Commute 15 to 29 min. 30.22% 36.08%
Commute 30 to 44 min. 30.28% 19.35%
Commute 45 to 59 min. 12.87% 7.57%
Commute greater than 60 min. 8.21% 8.12%

Cost of Living

Our cost of living indices are based on a US average of 100. An amount below 100 means Apopka, FL is cheaper than the US average. A cost of living index above 100 means Apopka, FL is more expensive.

Overall, Apopka, FL cost of living is 95.07.

 

Costofliving Apopka, FL United States
Overall 95 100
Food 100 100
Utilities 103 100
Miscellaneous 99 100

Religion

40.25% of the people in Apopka, FL are religious, meaning they affiliate with a religion. 13.25% are Catholic; 20.55% are Protestant; 0.63% are LDS; 4.31% are another Christian faith; 1.23% in Apopka, FL are Jewish; 0.04% are an eastern faith; 0.24% affilite with Islam.

 

Religion Apopka, FL United States
Percent Religious 40.25% 50.03%
Catholic 13.25% 21.92%
Protestant 20.55% 19.12%
LDS 0.63% 1.57%
Baptist 8.66% 8.16%
Episcopalian 0.99% 8.12%
Pentecostal 4.32% 1.89%
Lutheran 1.14% 2.81%
Methodist 3.36% 3.84%
Presbyterian 2.07% 1.33%
Other Christian 4.31% 4.66%
Jewish 1.23% 2.16%
Eastern 0.04% 0.05%
Islam 0.24% 0.54%

Voting

49.83% of the people in Apopka, FL are registered as Democrats. 49.62% are registered Republican. Remaining are independent: 0.55%.

 

Voting Apopka, FL United States
Democrat 49.828% 48.590%
Republican 49.618% 51.070%
Independent Other 0.000% 0.066%
Independent Liberal 0.341% 0.475%
Independent Conservative 0.213% 0.447%