Maranatha Park Demographics

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Real Estate Owner & Seller Storage & Parking Market Insights Demographics

Age

63.4 ±0.8

Median age

about 1.3 times the figure in Cape Coral-Fort Myers, FL Metro Area: 49 ±0.1

about 1.5 times the figure in Florida: 42.7 ±0.1

Units & Occupancy

29,288 ±1,166

Number of housing units

less than 10 percent of the figure in Cape Coral-Fort Myers, FL Metro Area: Infinity 441,194 (±Infinity /±174)

less than 10 percent of the figure in Florida: Infinity 10,629,845 (±Infinity /±2,325)

Geographical mobility

16.2% ±4.8% (7,284 ±2,135)

Moved since previous year

about 20 percent higher than the rate in Cape Coral-Fort Myers, FL Metro Area: 13.6% 110,161 (±1.1% /±9,264)

about 25 percent higher than the rate in Florida: 13.3% 3,086,717 (±0.5% /±107,923)

Households

44,761 ±2,135

Persons per household

less than 10 percent of the figure in Cape Coral-Fort Myers, FL Metro Area: Infinity 804,516 (±Infinity /±231)

less than 10 percent of the figure in Florida: Infinity 22,888,804

Fertility

4.3% ±3% (216 ±149)

Women 15-50 who gave birth during past year

about 80 percent of the rate in Cape Coral-Fort Myers, FL Metro Area: 5.2% 8,110 (±0.5% /±853)

about 90 percent of the rate in Florida: 4.7% 241,304 (±0.2% /±10,582)

Poverty

14.8%

Persons below poverty line

about 25 percent higher than the rate in Cape Coral-Fort Myers, FL Metro Area: 12% 96,536 (±0.6% /±4,526)

about 25 percent higher than the rate in Florida: 12% 2,758,614 (±0.3% /±58,688)

Transportation to work

N/A

Mean travel time to work

Disclaimer: The demographic information presented on this site has been provided by the Census Reporter Team. We extend our gratitude for their exceptional contributions and efforts.

30-year fixed · Sep 24, 2026

7.03%

+0.08

vs last week

A year ago

6.3%

Sep 24, 2025

All-time peak

16.64%

in 1981

Long-run average

7.7%

1971–2025

30-year15-year

All25y10y

When would rates drop?

Mortgage rates track the 10-year Treasury yield. Big drops historically needed one of these catalysts

A recession

Credit demand falls and investors move into Treasuries, pushing yields down

Aggressive Fed intervention

Rate cuts plus buying bonds and mortgage-backed securities force borrowing costs down

Inflation cooling fast

Lenders need less premium over inflation, so yields and mortgage rates ease

A global flight to safety

Shocks send capital into U.S. debt markets, pulling yields down quickly

It has happened before

30-year fixed rate, Freddie Mac weekly averages.

2008 financial crisis

Housing collapse, recession, then Fed bond buying from late 2008

6.5%

Mid 2007

<5%

Early 2009

2020 pandemic

Emergency cuts to zero and large purchases of Treasuries and mortgage bonds

3.7%

Jan 2020

2.65%

Jan 2021

Source: Freddie Mac PMMS via FRED. Past moves are context, not a forecast. Market information, not lending advice.

Local Realty Service Provided By: Hyperlocal Advisor. Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS & Beaches MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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