Quick facts: Winter haven, FL

Quick Facts

107.5
Cost of Living
above US average
55,024
Population
19.57
Crime Rate per 1000
below US average
$56,425
Median Income
below US average
$230,000
Median House Price
above US average
$1749.12
Average Rent
above US average
14%
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 $56,425.

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Income Needed to Buy

βœ— Stretch
$72k/year
Based on $230,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $72k vs median $56,425
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Income Needed to Rent

⚠ Stretch
$75k/year
Based on $1749.12/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $75k vs median $56,425
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Winter haven, FL

Winter Haven is a picturesque city located in Polk County, Florida. Known for its chain of lakes, Winter Haven boasts stunning waterfront views and a vibrant community. The city is famous for its Cypress Gardens, an iconic attraction that was one of Florida's earliest theme parks, known for its beautiful gardens and water-ski shows. Today, the area is home to Legoland Florida Resort, making it a popular destination for families. Winter Haven offers a relaxing atmosphere with access to various recreational activities, including boating, fishing, and hiking. The city's downtown area features an array of charming shops, restaurants, and art galleries, contributing to its small-town feel. With a moderate climate, Winter Haven experiences warm summers and mild winters, making it an ideal location for outdoor enthusiasts year-round. The city is conveniently situated near major highways, providing easy access to nearby cities like Lakeland and Orlando. This blend of natural beauty and urban convenience makes Winter Haven a desirable place to live and visit.

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