As the best place to live in Collier County, Naples draws in many new homeowners each year. The city boasts many excellent public schools, a thriving nightlife, great weather, and no shortage of outdoor activities. Residents also enjoy an easy commute and plenty of job opportunities. As such, people flock to this Florida city in search of a new life.
Naples is one of the wealthiest cities in Florida, with the median household income sitting at $94,394. That’s way more than the national average. The population in this city skews towards the older side, with a whopping 53% of residents aged 65 years and above. Residents aged 55-64 make up 17% of the population, while those aged 45-54 make up 10%. Naples has a small population of young people, with 4% aged 35-44, 5% aged 25-34, and 3% aged 18-24.
Florida is home to many homeowners associations, and Naples is no exception. There are many factors that influence the continuing rise of property values in this city, and one of them is due to the help of HOAs. These associations make sure to maintain property values by keeping curb appeal high and enforcing rules that keep the community in order. Aside from this, some added benefits of HOA living is access to various services and amenities.
However, many HOA boards have a hard time balancing the weight of their duties with their personal and professional lives. Running a community comes with a lot of responsibilities, and failure to fulfill them can result in plummeting property values. To ensure proper management, most HOA boards seek the help of professional HOA management companies. A Naples HOA management company can take over the day-to-day operations, leaving the board to tackle more important decisions.
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