Largo is a city located in Pinellas County, Florida, USA. As of the 2000 census, the city had a total population of 69,371. As of 2004, the population recorded by the U.S. Census Bureau is 71,704. Easy access to Tampa Bay and the Gulf of Mexico. Many new restaurants and shopping areas to come.
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The city of Largo is currently experiencing growth both in business and residential subdivisions and communities. See School links for Elementary school, Middle School, High School, Colleges, and Universties.
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Forecast for Largo, FL- Tampa Bay Homes and Tampa Real Estate
1. Midlife Junction
Somewhere between the child-rearing years and retirement lies the Midlife Junction. Few households still have children. Most of the labor force is still employed, but approaching retirement. Almost a third are already drawing retirement income. Most still own their homes, but many have moved into multi-unit apartment buildings. The housing market is a mix of single-family homes and low-density apartments, somewhere between urban and rural. The residents of Midlife Junction have a median age of 40 years and a median household income of $42,900.
2. Retirement Communities
Congregate housing, which commonly includes meals and other services with rent, is concentrated in this market. Although retirement communities can also offer owner-occupied housing and nursing care facilities, most are characterized by congregate housing. Denizens of Retirement Communities include well-educated retirees, almost a third aged 65 years or older, scattered throughout the U.S., but mainly city dwellers. Median household income is $44,400, but median net worth is over $175,000.
3. Senior Sun Seekers
Escaping from cold winter climates, many Senior Sun Seekers have relocated permanently to warmer regions, and others are snowbirds that move south only for the winter. Most are retired or anticipate retirement. The median age of the population in this market is 51.5 years, but over 60 percent of the householders are 55 years or older. The areas favored by the seniors are growth markets, especially in Florida, with available seasonal housing. Most of the housing is either single-family or mobile homes, with a median home value of $91,500.
Source: ESRI Business Information Solutions
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