Quick facts: Seville, FL

Quick Facts

107.5
Cost of Living
above US average
1,310
Population
15.27
Crime Rate per 1000
below US average
$88,594
Median Income
above US average
$238,000
Median House Price
above US average
$2141
Average Rent
above US average
8%
Poverty Rate
below US average
4.5%
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 $88,594.

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Income Needed to Buy

βœ“ Affordable
$75k/year
Based on $238,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($88,594) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$92k/year
Based on $2141/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $92k vs median $88,594
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Seville, FL

Seville, Florida, is a charming small community located in Volusia County. Nestled along the picturesque East Central Florida region, Seville is primarily a residential area characterized by its lush landscapes, serene lakes, and a tranquil rural atmosphere. The town is known for its strong sense of community and offers a peaceful lifestyle away from the hustle and bustle of larger cities, making it an ideal place for those seeking a more relaxed pace of life. The area is surrounded by natural beauty, with nearby parks and waterways providing opportunities for outdoor activities such as boating, fishing, and hiking. One of the notable features of Seville is the Seville Historic District, where visitors can explore charming homes and buildings that reflect the area’s rich history. While Seville remains a quiet town, it is conveniently located near larger cities like DeLand and Daytona Beach, offering easy access to shopping, dining, and cultural attractions. Overall, Seville is a tranquil haven that appeals to nature lovers and those seeking a tight-knit community atmosphere.

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