Part of the charm of Plant City is its modern atmosphere blended with small town charm. Originally known by the Indian name of Ichepucksassa, it was renamed to Cork after the Irish village, and then to its current name in 1865. Plant City is the winter strawberry capital of the world providing more than 75 percent of midwinter berries. The city holds the Guinness record for creating the largest strawberry shortcake in the world in 1999 at 6,000 pounds and 827 square-feet.
Plant City, FL is a great place for affordable rent-to-own homes! With a median household income of over $54,933 and a median rent of $1,056, the Plant City, FL rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Plant City, FL. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
Plant City, FL is seeing rapid growth and Plant City, FL's' housing market remains optimal with an average home price that is -100% below the 2022 national average. Plant City, FL is part of Hillsborough county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2022 for county Hillsborough is 1.09% which is above the national average, which is 0.99%.
Plant City, FL has a walk score of
Plant City, FL has a bike score of
The state tax rate is 0% on top of the federal tax rate of 10 to 37%.