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West Lealman

Learn about the people, housing, costs and businesses in West Lealman, Florida

Median Home$176,494
Median Rent$1,288/month
Population15,309
Leading IndustriesEducation · Transportation · Healthcare4% education
Home Value Growth⬆⬆⬆+27.4% over 2 years
Retirees36% of residentstop 3% nationally
Homeowners77% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableAmenity Score73/100 · highly walkable area
West Lealman
FL

Frequently Asked Questions

What are today's mortgage rates in West Lealman?

As of today, the 30-year fixed mortgage rate for West Lealman is approximately 6.933% (6.970% 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 West Lealman?

The median home value in West Lealman is $176k. The median monthly rent is $1,288. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in West Lealman?

Home values in West Lealman have increased 27.4% over the past two years. This indicates a strong appreciation trend. 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 West Lealman?

Based on a typical all-in ownership cost of $964/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in West Lealman is $50k/year.

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What industries drive the economy in West Lealman?

The largest employment sectors in West Lealman are public administration (20%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.