Quick facts: North port, FL

Quick Facts

104.5
Cost of Living
above US average
85,099
Population
10.55
Crime Rate per 1000
below US average
$78,815
Median Income
below US average
$165,000
Median House Price
above US average
$2212.33
Average Rent
above US average
11%
Poverty Rate
above US average
4.0%
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 $78,815.

🏠

Income Needed to Buy

βœ“ Affordable
$52k/year
Based on $165,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($78,815) exceeds requirement
🏒

Income Needed to Rent

⚠ Stretch
$95k/year
Based on $2212.33/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $95k vs median $78,815
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for North port, FL

North Port, Florida, is a rapidly growing city located in Sarasota County. With a population of approximately 70,000, it's known for its suburban feel, family-friendly atmosphere, and access to natural beauty. The city boasts numerous parks and outdoor recreational areas, such as the large Myakkahatchee Creek Environmental Park, which offers hiking, biking, and fishing opportunities. North Port is strategically situated just south of Sarasota and close to the beautiful Gulf Coast beaches, making it an attractive destination for outdoor enthusiasts and beach lovers. The area's mild climate and abundant sunshine further enhance its appeal. Residents enjoy a mix of local amenities, including shopping centers, restaurants, and schools, contributing to an engaging community. North Port is also home to the Warm Mineral Springs, a unique natural spring known for its therapeutic properties. With its blend of nature, community, and accessibility to nearby cities, North Port stands out as a desirable location in Florida's west coast.

πŸ” Search & Compare Places

First Location πŸ“