Quick facts: Plant city, FL

Quick Facts

107.5
Cost of Living
above US average
40,367
Population
24.55
Crime Rate per 1000
above US average
$62,015
Median Income
below US average
$345,000
Median House Price
above US average
$2229.63
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 $62,015.

🏠

Income Needed to Buy

βœ— Stretch
$108k/year
Based on $345,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $108k vs median $62,015
🏒

Income Needed to Rent

⚠ Stretch
$96k/year
Based on $2229.63/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $96k vs median $62,015
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Plant city, FL

Plant City, located in Hillsborough County, Florida, is a charming city known for its rich agricultural heritage and vibrant community. With a population of approximately 39,000 residents, it serves as a cultural and economic hub in the Tampa Bay area. Plant City is famously known as the "Strawberry Capital of the World," hosting the annual Florida Strawberry Festival, which attracts visitors from across the region. The festival features live entertainment, carnival rides, and, of course, an abundance of strawberries in various forms. The city's historic downtown district boasts a variety of shops, restaurants, and local businesses, reflecting the small-town charm that residents cherish. Outdoor enthusiasts can enjoy the beautiful parks and recreational areas, including the popular Edward Medard Regional Park, which offers fishing, hiking, and picnicking opportunities. Plant City is conveniently located near major highways, providing easy access to nearby cities like Tampa and Orlando, making it an appealing place for those seeking a quieter lifestyle with quick access to urban amenities. With its friendly community and engaging events, Plant City is a delightful destination for both residents and visitors.

πŸ” Search & Compare Places

First Location πŸ“