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Julia Vakulenko - Broker -

Land O' Lakes Real Estate Florida

Land O' Lakes Communities - All Land O' Lakes Homes for sale

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Forecast for Land O' Lakes, FL

1. Up and Coming Families

Up and Coming Families represent the second highest growth market-and the youngest of the affluent family markets.

These days, residents are more Gen X than Baby Boom.

Despite the cohort turnover, the profile remains young affluent families with young children. Homes are new, with a median value of $169,000.

2. Green Acres

A little bit country, the residents of Green Acres enjoy select homes in a pastoral setting.

This upscale market represents developing fringe areas, with more in the Midwest.

Most of the families are blue collar Baby Boomers, many with children aged 6-17 years.

Median household income, $61,200, and median home value, $168,000, are high compared to the U.S.

3. Midland Crowd

The largest Community market, Midland Crowd represents 11 million people, almost 4 percent of the U.S. population, in one market.

As expected, the largest market reflects some characteristics of the U.S. population, median age (36 years) and average family size, 3.1.

Median household income, $47,000, is just under the U.S. median, $48,100. The differences distinguish the Midland Crowd.

These neighborhoods are located in mainly rural areas, growing rural areas at a rate of over 2.5 percent annually since 2000.

Almost 40 percent of the homes were built after 1990. Over 95 percent are single family, or mobile homes.

Source: ESRI Business Information Solutions