Quick facts: Bradenton, FL

Quick Facts

102.5
Cost of Living
above US average
56,961
Population
22.38
Crime Rate per 1000
below US average
$55,795
Median Income
below US average
$229,900
Median House Price
above US average
$2863.47
Average Rent
above US average
12%
Poverty Rate
above US average
3.6%
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 $55,795.

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Income Needed to Buy

βœ— Stretch
$72k/year
Based on $229,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $72k vs median $55,795
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Income Needed to Rent

⚠ Stretch
$123k/year
Based on $2863.47/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $123k vs median $55,795
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Bradenton, FL

Bradenton is a vibrant city located in Manatee County, Florida, situated along the southwestern coast of the state. With its proximity to the Gulf of Mexico, Bradenton offers a warm, subtropical climate, making it an appealing destination for outdoor enthusiasts and beachgoers alike. The city is known for its rich history, with culturally significant sites such as the Manatee Village Historical Park, showcasing local heritage and artifacts. Bradenton is home to the scenic Riverwalk, a 1.5-mile waterfront trail that allows residents and visitors to enjoy picturesque views of the Manatee River, along with various recreational activities and events. The city also boasts a range of parks and nature preserves, fostering an active lifestyle. In addition to its natural beauty, Bradenton features a thriving arts scene, with galleries, theaters, and local festivals celebrating creativity. The local economy is bolstered by a mix of tourism, agriculture, and small businesses. Additionally, sports enthusiasts can catch a baseball game at LECOM Park, the spring training home of the Pittsburgh Pirates. Overall, Bradenton combines charm, culture, and coastal appeal, making it a delightful place to live and visit.

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