HousingHandbookReference data

U.S. ZIP Code · FL33860

Polk County · Lakeland-Winter Haven, FL

Typical home value

$286,839[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-2.9%
5-year / yr
+5.4%
10-year / yr
+7.8%

Relative price

vs U.S.
≈ U.S. median
vs metro
≈ metro median
vs state
-17.3%
ZIP 33860 location in FL
Location of ZIP 33860 in FL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 33860 is worth $286,839. Over the past year, values have fallen 2.9%. Homes here rent for a typical $1,780 a month — a 7.4% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,780[2]
Gross yield
7.4%[2]
Cap rate
4.5%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.7%[3]
Typical annual tax
$2,066[3]

#Climate risk

FEMA National Risk Index ratings for Polk County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Relatively Moderate
Drought
Relatively Moderate
Heat wave
Relatively Moderate
Hurricane
Very High
Tornado
Relatively High
Earthquake
Very Low
Winter weather
No Rating

#Who lives here

Population
24,892[3]
Median household income
$65,710[3]

#Migration

Household moves in and out of Polk County over a year, from IRS tax-return data.

Net migration
+9,194[5]
Moved in
31,294
Moved out
22,100

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
2
Middle
1
High
1
  • MULBERRY SENIOR HIGH SCHOOL

    High · Grades 9–12 · POLK

    1,399 students

  • MULBERRY MIDDLE SCHOOL

    Middle · Grades 6–8 · POLK

    1,176 students

  • WILLOW OAK SCHOOL

    Elementary · Grades PK–5 · POLK

    902 students

  • PURCELL ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · POLK

    474 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield7.4%
Net yield (after ~40% expenses)4.5%
Annual rent$21,355

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,450
Loan principal$229,471
Down payment$57,368
Total interest paid$292,677

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.05
Monthly cost to own$1,862
Monthly rent$1,780

Owning and renting are roughly even.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
47th percentile[1]
Rental yield
38th percentile[2]
Property tax
50th percentile[3]

Frequently asked

How much is a home worth in ZIP code 33860?
The typical home in 33860 is worth $286,839, based on the Zillow Home Value Index.
Are home values rising in 33860?
Home values in 33860 are down 2.9% over the past year, and up 5.4% a year over five years.
What is the typical rent in 33860?
A typical home in 33860 rents for about $1,780 a month, a gross rental yield of 7.4%.
What is the property tax rate in 33860?
The effective property tax rate in 33860 is 0.7% — roughly $2,066 a year on a typical home.
Who lives in 33860?
ZIP code 33860 has a population of 24,892 and a median household income of $65,710.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Eagle Lake, FL

    Typical home
    $288,547
    Gross yield
    8.5%
  • Lakeland, FL

    Typical home
    $289,989
    Gross yield
    6.4%
  • Indian Lake Estates CDP, FL

    Typical home
    $292,276
    Gross yield
  • Poinciana CDP, FL

    Typical home
    $279,367
    Gross yield
    8.2%
  • Frostproof, FL

    Typical home
    $295,429
    Gross yield
  • Haines City, FL

    Typical home
    $296,554
    Gross yield
    8.2%

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