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Here is everything you need to know about the housing market at zip code 34110.
Zip 34110 is a middle-class zip code and is found primarily in Naples, Collier County. It covers an area of 15.60 square miles and has a population of 23,988 people.
The median age in this zip code is 61.9, and there is an average of 2.2 people living per household. The U.S median age is 37.4, and the national average for people living per household is 2.6
Close to 77% of the people living in 34110 are married, and over 20% of the residents have children. Zip 34110 isn't as racially diverse as the other zip codes in the U.S.
About 84% of the residents are Whites, 12% Hispanics, and 2% African Americans. Non-citizens form about 6.6% of the entire population in this zip code.
The workforce in 34110 primarily consists of white-collar occupations, and most of its employees work in technological companies. Close to 10% of the workforce in 34110 often telecommutes, and the rest regularly commute to work using public transit or personal means.
On average, it takes about 24.2 minutes to commute one-way in this zip. That's shorter compared to the national average of 26.4 minutes.
Unemployment in 34110 is 1.7%, while that of the nation is at 3.7%.
Job markets in zip code 34110 increased by 1.9% in 2020, and it's projected to increase by 46% in the next ten years. The national projection for job market increase in America is 33.5% for the next decade.
Zip code 34110 has an annual cost of living index of 120.1, 6.0% sales tax rate, no income tax rate, and an effective property tax rate of $7.12 per $1,000 home value. The median effective property tax average rate in the U.S. is $11.78 per $1,000 home value.
The average individual income in 34110 is $37,643, meaning that only 21% of the people living here earn below $15,000 per year. The median income for the entire nation is $31,133.
Around 13% of the households in zip code 34110 earn below $15,000, and niche.com further highlights that 34110 has a median household income of $78,410. This income is higher than the U.S. average of $62,843 per year.
Zip 34110 generally has 29 public schools and an average student capacity of not more than 800 students per school. The student-teacher ratio in this zip is 15:1, and $11,167 is the yearly budget per student. School performance is slightly above average, and nearly 50% of the locals in 34110 hold a first degree. The national average for first-degree holders is 31%.
Zip 34110's population density is not less than 1,331 locals per square mile, and it’s a suburban region in Naples, Florida.
Single-family houses featuring more than two bedrooms are the most common house-types in this zip code. The average home occupancy rates in this zip include 75% owner-occupied residences and 25% rent-occupied homes. The total number of housing units in zip code 34110 is 15,272.
Zip 34110 has a median home value of $402,100, and close to 20% of the listed properties cost more than $200,000.
The median rent price in this zip is $1,583 per month, which is higher than the national average of $1,062. Further analysis reveals that approximately 13% of the renters in 34110 can’t pay a rent of more than $1,000.
The median age of the real estate in 34110 is 21 years, and the number of occupied houses currently is 10,154.
The Zillow Home Value Index suggests that home value in 34110 increased by 6.9% over the past year. Future projections indicate that prices will rise by 11.2% by the start of next year. Home prices in this zip code appreciated at a pace of 38.1% in the last decade. This pace equates to a yearly home appreciation rate of 3.4%.
These rates indicate a thriving housing market fit for both short-term and long-term real estate investments for all prospects.
The weather highlight for 34110 includes a summer high of 92 degrees in July, a winter low of 53 degrees in January, and approximately 53 inches of rain per year.
Zip 34110 gets an average of 117 days of precipitation and an annual average of 266 days of sunshine, making February, March, and December the most comfortable months in 34110.
With an annual comfort index of 6.4 /10, July and August are the only less pleasant months in this zip code.
Zip 34110 also ranks as the hundredth best zip code to live in Florida and the second zip code with the best public schools in Collier County.
We don't charge any up front fees. Not even a "Non-Refundable Set-Up Fee." If we don't perform, you don't pay. There are no "hidden fees" in our contracts.
Over 85% of renters now find their next home online. We post your property to over 200 web-sites and 150 media sites. More advertising means less time on the market and more money in your pocket.
All our contracts, leases, and documents are signed digitally. Tenant and Owner On-line Portals allow 24/7 access to all invoices, documents, statements, reports, and financials.
When the tenant prospects need to see the rentals. Our competition shows during normal business hours.
We are so confident in our Tenant Qualification Process that, if we have to evict a tenant we qualified and moved into a property we manage, we find a new tenant at no cost (we will not charge a leasing fee). This is a FREE service, not an "Eviction Protection Plan."
We use ACH direct deposit to collect rent and pay our owners so we can pay you up to 10 days faster than our competition… in time for your mortgage payment. We don’t start you out a month behind on paying your mortgage.
The National Average is only 60% returned / answered calls. Our voicemail will never say: “We will get back to you within 48 hours”
We ask for approval on all work orders so you don’t get surprised when you receive your statement. We don’t have an in-house maintenance staff that we pay $15 per hour and bill out at $50 per hour. Rather, we use our buying power to get discounts of 10-50% from our Preferred Vendors… and pass that savings directly on to you. We don’t have hazy language in our contracts that allow us to mark up any invoice for any amount at our discretion.
We are trained professionals who know how to negotiate and facilitate the rental process. We will get the highest possible rent for you, and, as an added bonus, you get the benefit of our years of real estate experience and accumulated knowledge.