Quick facts: Fleming island, FL

Quick Facts

110.3
Cost of Living
above US average
29,810
Population
0.81
Crime Rate per 1000
below US average
$117,414
Median Income
above US average
$450,000
Median House Price
above US average
$2265.5
Average Rent
above US average
5%
Poverty Rate
below US average
2.5%
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 $117,414.

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Income Needed to Buy

βœ— Stretch
$141k/year
Based on $450,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $141k vs median $117,414
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Income Needed to Rent

βœ“ Affordable
$97k/year
Based on $2265.5/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($117,414) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Fleming island, FL

Fleming Island, located in Clay County, Florida, is a suburban community situated just south of Jacksonville. Known for its picturesque landscapes, Fleming Island is characterized by its waterfront access, including the scenic St. Johns River. The area offers a mix of residential neighborhoods, parks, and amenities which contribute to its family-friendly atmosphere. One of the highlights of Fleming Island is its strong sense of community, evident through numerous local events and active neighborhood associations. The education system is highly regarded, with several top-rated public and private schools in the vicinity. Residents enjoy a variety of recreational opportunities, including golf courses, boating, and nature trails. The nearby Fleming Island Plantation and other parks provide venues for outdoor activities. Dining and shopping options are also plentiful, with local shops and restaurants catering to a diverse clientele. Conveniently located near major highways, Fleming Island offers easy access to Jacksonville’s urban attractions while maintaining a peaceful, small-town feel. This blend of convenience, community, and nature makes Fleming Island an attractive place to live and raise a family.

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