Compare with
An appreciation-lean market without the demand pressure to back it. The rent math runs thin.
What would change this read: a price correction (median already −5.5% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, −2.9% YoY, is the number to watch.
The median listing price is down 5.5% YoY while the median home got up 6.6% bigger, so value per square foot is down 15.2%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $225K purchase rents for $1,300/mo: 0.58% of price per month against the 1% rule's 1.00%.
Not shown: 6 BR (sale only, no matching rent), 7 BR (sale only, no matching rent).
Sales here take about 65 days longer to go under contract than rentals (median across 4 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented), Townhouse (sold here, not rented).
U.S. Census ACS characteristics for ZIP 33815 itself, not its parent county.
Renters hold 40.4% of this ZIP's 6,180 occupied households, on a median household income of $37K.
| Measure | ZIP 33815 | Polk County | Difference |
|---|---|---|---|
| Median Household Income | $37K | $66K | -$28K |
| Below Poverty Level | 24.2% | 14.5% | +9.7% |
| Median Age | 44.80 | 39.50 | +5.30 |
| Total Population | 13,975 | 790,694 | -- |
| Avg Household Size | 2.24 | 2.68 | -0.44 |
| Owner-Occupied | 59.6% | 70.5% | -10.8% |
| Worked From Home | 8.9% | 12.4% | -3.5% |
| Mean Commute | 24.50 | 30.50 | -6.00 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 3.9% to 790,694: residents under 18 are up 3.6% and those 65 and over are up 3.0%.
County median household income is $66K, 14.5% of residents are below the poverty level, 12.4% work from home.