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South Gate Ridge

Learn about the people, housing, costs and businesses in South Gate Ridge, Florida

Median Home$426,580
Median Rent$1,571/month
Population5,926
Leading IndustriesWholesale Trade · Healthcare · Education10% wholesale trade
Home Value Growth+1.0% over 2 years
Young Adults33% of residentswell above average
Homeowners71% of occupied units
NotableAmenity Score76/100 · highly walkable area
NotableTransit80/100 · excellent transit access
South Gate Ridge
FL

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in South Gate Ridge?

As of today, the 30-year fixed mortgage rate for South Gate Ridge is approximately 6.902% (6.938% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in South Gate Ridge?

The median home value in South Gate Ridge is $427k. The median monthly rent is $1,571. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Gate Ridge?

Home values in South Gate Ridge have increased 1.0% over the past two years. The market has been relatively stable. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in South Gate Ridge?

Based on a typical all-in ownership cost of $1,501/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $64k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Gate Ridge is $73k/year.

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What industries drive the economy in South Gate Ridge?

The largest employment sectors in South Gate Ridge are public administration (21%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.