Quick facts: Wauchula, FL

Quick Facts

107.5
Cost of Living
above US average
4,943
Population
19.62
Crime Rate per 1000
below US average
$32,854
Median Income
below US average
$247,000
Median House Price
above US average
$115500.0
Average Rent
above US average
21%
Poverty Rate
above US average
5.1%
Unemployment Rate
above 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 $32,854.

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Income Needed to Buy

βœ— Stretch
$77k/year
Based on $247,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $77k vs median $32,854
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Income Needed to Rent

⚠ Stretch
$4950k/year
Based on $115500.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $4950k vs median $32,854
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Wauchula, FL

Wauchula, located in Hardee County, Florida, is a small city known for its rich agricultural heritage and friendly community atmosphere. With a population of around 5,000 residents, Wauchula serves as a central hub for the surrounding rural areas. The city is characterized by its charming downtown area, featuring local shops, restaurants, and historical landmarks that reflect its roots. One of the highlights of Wauchula is the Hardee County Historical Society, which offers insights into the region's history and culture. The city hosts various events such as the annual Wauchula Watermelon Festival, celebrating the local agricultural produce, particularly watermelons. The festival features parades, games, and food, attracting visitors from nearby areas. Nature enthusiasts will appreciate the nearby parks and outdoor recreational opportunities, with activities like fishing, hiking, and bird-watching available in the natural landscapes of the region. The surrounding areas also showcase Florida's beautiful wetlands and wildlife. Overall, Wauchula embodies a quaint and welcoming community with a focus on agriculture, history, and outdoor activities, making it a distinctive spot in central Florida.

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