Housing Profile
De Soto County, Florida

• Population, 2007: 33983. De Soto County ranks # 48 of Florida's 67 counties in population.

• Households, 2007: 11349

• In 2030, De Soto County is projected to have a population of 42097, ranking it # 49 of Florida's 67 counties.

Projected Total Population, De Soto County, 2007-2030

Place	2007	2010	2015	2020	2025	2030
De Soto County	33983	34701	37501	39201	40701	42097
Notes:  Housing Needs Assessment - Population and Household Projection Methodology User Guide. Sources:   Not Available.

Existing Home Values (Based on County Property Appraisers' Just Value)

• Single Family Home, average just value, 2008: $146613. (Statewide, the average just value of a single family home in Florida in 2008 was $248425).
• Mobile Home, average just value, 2008: $74832.
• Condominium, average just value, 2008: $105374.
• 
  * -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 $169924 in 2007. The median sales price that year was $160000, compared to a statewide median sales price of $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, DeSoto County, 1996-2007

Place	Housing Type	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007
DeSoto County	Condominiums	50900	67900	70900	69900	73450	80900	83000	92900	128500	163500	175800	122450
DeSoto County	Single Family Homes	56750	58500	67000	73500	71000	77450	80000	83000	95000	157000	164200	160000
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.

Rents

• The median rent paid by De Soto County households in 2000 was $322 per month, compared to a statewide median rent of $641.

• In DeSoto County and the surrounding metro area, the HUD Fair Market Rent in 2009, representing rent for a typical modest apartment, was $542 for a studio apartment, $555 for a one-bedroom, $652 for a two-bedroom, $786 for a three-bedroom, and $809 for a four-bedroom unit.

Households by Monthly Rent Paid, De Soto County,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
De Soto County	317	194	172	1129	672	122	21	5

Cost Burden, General

• "Cost-burdened" households pay more than 30% of income for rent or mortgage costs. In 2007, 2494 De Soto County households (22%) pay more than 30% of income for housing. By comparison, 0% of households statewide are cost-burdened.

• 1054 households in De Soto County (9%) pay more than 50% of income for housing.

Households by Cost Burden, De Soto County, 2007

	Amount of Income Paid for Housing
	0-30%	30-50%	50% or more
Total	8855	1440	1054
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.

** 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.

Households by Homeowner/Renter Status and Cost Burden, De Soto County, 2007

	Amount of Income Paid for Housing
	0-30%	30-50%	50% or more
Owner	6816	900	708
Renter	2039	540	346
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.

Household Income

• In the following table, household income is measured as a percentage of the median income for the county or area, adjusted for family size. In DeSoto County and the surrounding metro area, the HUD-estimated median income for a family of four is $43500 in 2008.

Households by Income and Cost Burden, DeSoto County, 2007

Household Income as Percentage of Area Median Income	Amount of Income Paid for Housing
	0-30%	30-50%	50% or more
<=30% AMI	394	147	530
30.01-50% AMI	628	430	298
50.01-80% AMI	1633	551	116
80.01+% AMI	6200	312	110
Total	8855	1440	1054
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.

** 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

• 4263 households in De Soto County (37.6%) are headed by a person age 65 or older in 2007. In comparison, 27.3% of households statewide are headed by elderly persons.

• 7614 of elderly households in De Soto County (89.2%) own their homes.

• 790 elderly households (19%) pay more than 30% of income for rent or mortgage costs.

Elderly Households by Age and Cost Burden, De Soto County, 2007

Age of Householder	Amount of Income Paid for Housing
	0-30%	30-49.9%	50+ %
65+	3473	447	343
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.

** 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

• 7008 households in De Soto County (62%) are made up of 1-2 persons in 2007. 22% of these households pay more than 30% of income for rent or mortgage costs.

• 2818 households in De Soto County (25%%) are made up of 3-4 persons in 2007. 21% of these households pay more than 30% of income for rent or mortgage costs.

• 1523 households in De Soto County (13%%) are made up of 5 persons or more in 2007. 22% of these households pay more than 30% of income for rent or mortgage costs.

Households by Size and Cost Burden, De Soto County, 2007

Number of Persons in the Household	Amount of Income Paid for Housing
	0-30%	30.01-50%	50.01+ %
1-2	5438	907	663
3-4	2234	333	251
5+	1185	196	142
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.

** 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, 1495 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, De Soto County, 2000

Amount of Income Paid for Housing
0-29.9%	30-49.9%	50+ %
774	364	357

Single Family Home Size and Age

• In 2008, the median size for a new single-family home in DeSoto County was 1757 square feet.

Year Structure Built, DeSoto County, 2000

Year Structure Built, 2000
1939 and earlier	1940s	1950s	1960s	1970s	1980s	1990s	Place
646	277	875	1632	3230	3651	3297	DeSoto County

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,

• 1123 housing units (10.5% of all units) in De Soto County were overcrowded, meaning that they housed more than one person per room, compared to a statewide percentage of 6.5%.

• 211 units (2.0%) in De Soto County did not use home heating fuel, compared to a statewide percentage of 1.8%.

• 40 units (0.3%) in De Soto County lacked complete kitchen facilities, compared to a statewide percentage of 0.5%.

• 42 units (0.3%) in De Soto County lacked complete plumbing facilities, compared to a statewide percentage of 0.4%.