What is the average household income in St Petersburg Florida?
Are you looking for information on the average household income in St Petersburg, Florida? Look no further. As a Realtor in St. Petersburg, it’s important to understand the economic landscape of the area. According to recent data, the median household income in St. Petersburg, FL is $60,798, making it a desirable location for those looking to invest in a home.
As an Avalon Group Realtor Team, we know that understanding the local economy and industry trends is key to providing our clients with the best possible service. With the median household income on the rise, it’s no surprise that St. Petersburg is becoming an increasingly popular location for homebuyers.
When it comes to choosing a neighborhood in St. Petersburg, factors such as the homeownership rate and median property value may also be important. According to recent data, the homeownership rate in St. Petersburg, FL is 62.4%, with a median property value of $222,900.
What is the average household income in St Petersburg Florida? Job Market
If you’re a telecommuter, St. Petersburg is also a great place to live. Nearly 10% of the workforce works from home, which is a relatively high percentage compared to other cities in the US. These telecommuters are often in knowledge-based, white-collar professions, such as in Silicon Valley.
St. Petersburg is also a popular destination for single career-starters, with a large population of young, single, educated, and upwardly-mobile professionals. This demographic presents many opportunities for socializing and creating lasting relationships.
The city is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. This makes it a great place for visitors and locals to enjoy waterfront activities and take in the scenery.
What is the average household income in St Petersburg Florida? Education
St. Petersburg has a highly educated population, with 37.07% of adults holding a bachelor’s degree or higher, making it an attractive location for employers seeking a skilled workforce.
The per capita income in St. Petersburg is $38,802, which is upper middle income relative to Florida and wealthy relative to the rest of the US. However, the city is home to both wealthy and poor residents.
At Avalon Group Realtor Team, we understand that choosing the right city is just as important as finding the right home. That’s why we pride ourselves on being the go-to Realtor St Petersburg team, offering a wealth of knowledge and expertise about the city and its real estate market.
What is the average household income in St Petersburg Florida? Buying Real Estate
Whether you’re a first-time homebuyer or a seasoned investor, our team can help you navigate the St. Petersburg market with confidence. With over 25 years of combined experience, we have the skills and knowledge to guide you through the buying or selling process from start to finish.
In conclusion, if you’re looking to move to St. Petersburg, Florida and want to learn more about the city’s average household income and real estate market, look no further than the Avalon Group Realtor Team. Contact us today to start your St. Petersburg real estate journey.