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Housing Profile
Florida (STATE)
- Population, 2007: 18571048
- Households, 2007: 7399180
- Homeownership Rate, 2007: 70.4%.
Population Projections
- In 2030, Florida is projected to have a population of
25340520.
Projected Total Population, Florida, 2007-2030
Housing Market
Existing Home Values (Based on County Property Appraisers' Just Value)
- Single Family Home, average just value, 2008: $248425.
- Mobile Home, average just value, 2008: $71929.
- Condominium, average just value, 2008: $225439.
* -100 means less than 25 observations
* -200 means less than 2/3 of observations have valid year built entries
* -300 means less than 2/3 of observations have valid square footage entries
* -400 means no observations
Home Sales Prices
- The average sales price for a single family home was $321172 in 2007.
The median sales price that year was $240000.
-
* -100 means less than 25 observations.
* -200 means less than 2/3 of observations have valid entries for that year.
* -300 means less than 2/3 of observations have valid square footage entries.
* -400 means no observations.
Median Sales Price for Single Family Homes and Condominiums, Florida, 1996-2007
| Place | Housing Type | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 |
| Florida | Condominiums | 82900 |
87000 |
90000 |
88000 |
105000 |
109000 |
125000 |
144000 |
171900 |
209900 |
224000 |
225000 |
| Florida | Single Family Homes | 93900 |
97900 |
104700 |
114000 |
119000 |
131300 |
142000 |
156100 |
180000 |
225900 |
250000 |
240000 |
Notes:
* -100 means less than 25 observations.
* -200 means less than 2/3 of observations have valid entries for that year.
* -300 means less than 2/3 of observations have valid square footage entries.
* -400 means no observations.
Sources: County property appraiser tax rolls, compiled by Shimberg Center - Florida Housing Data Clearinghouse.
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Rents
- The median rent paid by Florida households in 2000 was $641 per month.
Households by Monthly Rent Paid, Florida,2000
| Place | No Cash Rent | less than 200 | between 200 and 299 | between 300 and 499 | between 500 and 749 | between 750 and 999 | between 1000 and 1499 | 1500 or more |
| Florida | 88466 | 71963 |
64650 |
347435 |
722946 |
392136 |
155594 |
46265 |
Affordable Housing Needs
Cost Burden, General
- "Cost-burdened" households pay more than 30% of income for rent or mortgage costs. In 2007, 2130904 Florida households (29%) pay more than 30% of income for housing.
- 923038 households in Florida (12%) pay more than 50% of income for housing.
Households by Cost Burden, Florida, 2007
** The Household Demographic Data Access Tool allows users to combine any of the variables below
to create a custom report. For example, a user could find the number of 1-2 person renter households age 65 and older who pay more than 50% of income
for housing by selecting household size, householder age, and
household income as indicators.
Homeowners and Renters
Households by Homeowner/Renter Status and Cost Burden, Florida, 2007
Household Income
-
In the table below household income is measured as a percentage of the
median income for the county or area, adjusted for family size.
The figures in the following table are a sum of the 2005 estimates for
Florida's 67 counties.
Households by Income and Cost Burden, , 2007
| Household Income as Percentage of Area Median Income |
Amount of Income Paid for Housing |
| 0-30% | 30-50% | 50% or more |
| <=30% AMI | 228467 | 98955 |
451195 |
| 30.01-50% AMI | 260978 | 264281 |
257795 |
| 50.01-80% AMI | 739236 | 416186 |
137578 |
| 80.01+% AMI | 4039595 | 428444 |
76470 |
| Total | 5268276 | 1207866 |
923038 |
Notes:
Housing Needs Assessment - Population and Household Projection Methodology User Guide.
Click here to get household projections by tenure,
age of householder, income, and cost burden.
Sources: Not Available.
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** For more detailed income categories and to combine with other variables such as age, cost burden, and owner/renter status, try
the Household Demographic Data Access Tool.
Elderly Households
- 2018574 households in Florida (27.3%) are headed by a person age 65 or older in 2007.
- 1705835 of elderly households in Florida (84.5%) own their homes.
- 547218 elderly households (27%) pay more than 30% of income for rent or mortgage costs.
Elderly Households by Age and Cost Burden, Florida, 2007
** To learn about all head-of-household age categories and to combine with other variables such as income, cost burden, and owner/renter status, try the Household Demographic Data Access Tool.
Size of Households
- 4677622 households in Florida (63%) are made up of 1-2 persons in 2007. 30% of these households pay more than 30% of income for rent or mortgage costs.
- 2049844 households in Florida (28%%) are made up of 3-4 persons in 2007. 26% of these households pay more than 30% of income for rent or mortgage costs.
- 670826 households in Florida (9%%) are made up of 5 persons or more in 2007. 28% of these households pay more than 30% of income for rent or mortgage costs.
Households by Size and Cost Burden, Florida, 2007
** To combine with other variables such as income, head-of-household age, and owner/renter status, try the Household Demographic Data Access Tool.
Disability and Affordable Housing Need
- In 2000, 2306805 low-income households included at least one person with a disability age 15 or older. These households had incomes below 60% of the area median income.
Low-Income (<60% AMI) Households Including Persons with Disabilities Age 15+ and Cost Burden, Florida, 2000
| Amount of Income Paid for Housing |
| 0-29.9% | 30-49.9% | 50+ % |
| 809823 | 603613 |
893369 |
Single Family Home Size and Age
- In 2008, the median size for a new single-family home in Florida was 2017 square feet.
Year Structure Built, Florida, 2000
| 1939 and earlier | 1940s | 1950s | 1960s | 1970s | 1980s | 1990s | Place |
| 209021 |
224543 |
675121 |
934219 |
1686263 |
1916430 |
1657350 |
Florida |
Substandard Housing
Housing units are considered to be substandard if they are overcrowded, do not have heat, or lack complete kitchens or plumbing. In 2000,
- 410840 housing units (6.5%
of all units) were overcrowded, meaning that they housed more than one person per room.
- 111755 units (1.8%) in Florida did not use home heating fuel.
- 35010 units (0.5%) in Florida lacked complete kitchen facilities.
- 30134 units (0.4%) in Florida lacked complete plumbing facilities.
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