Quick facts: Apopka, FL

Quick Facts

102.5
Cost of Living
above US average
57,017
Population
33.18
Crime Rate per 1000
above US average
$87,394
Median Income
above US average
$466,000
Median House Price
above US average
$2457.54
Average Rent
above US average
9%
Poverty Rate
below US average
3.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $87,394.

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Income Needed to Buy

βœ— Stretch
$146k/year
Based on $466,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $146k vs median $87,394
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Income Needed to Rent

⚠ Stretch
$105k/year
Based on $2457.54/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $105k vs median $87,394
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Apopka, FL

Apopka is a vibrant city located in Orange County, Florida, situated just north of Orlando. Known as the "Indoor Foliage Capital of the World," Apopka is recognized for its lush landscapes and rich horticultural industry. The city boasts a friendly, small-town atmosphere while being close to the amenities of larger metropolitan areas. Apopka offers various recreational opportunities, including parks like the expansive Wekiwa Springs State Park, which features hiking trails, swimming, and canoeing, making it a hotspot for outdoor enthusiasts. The city also has a diverse range of shopping and dining options, with local eateries showcasing Southern cuisine. The community is characterized by a blend of residential neighborhoods, and it has seen significant growth in recent years, attracting new residents and businesses. Apopka's location provides easy access to major highways, connecting it to Orlando and other surrounding cities. With its favorable climate, family-oriented community, and various events throughout the year, Apopka is an attractive place to live and visit.

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