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Housing Profile
Gadsden County, Florida
  • Population, 2016: 48483. Gadsden County ranks # 43 of Florida's 67 counties in population.
  • Households, 2016: 18163
  • Homeownership Rate, 2016: 74.3%. Statewide, Florida's homeownership rate is 67.8%.
Population Projections
  • In 2040, Gadsden County is projected to have a population of 51901, ranking it # 43 of Florida's 67 counties.

Projected Total Population, Gadsden County, 2010-2040

Place 2010 2016 2020 2025 2030 20352040
Gadsden County 46389 48483 49198 49899 50596 51293 51901
Notes:  Not Available.
Sources:  University of Florida Bureau of Economic and Business Research, Population Projections; U.S. Census Bureau, 2010 Decennial Census.
Housing Market

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

  • Single Family Home, average just value, 2016: $82061. (Statewide, the average just value of a single family home in Florida in 2016 was $219681).
  • Mobile Home, average just value, 2016: $35249.
  • Condominium, average just value, 2016: $0.

Home Sales Prices

  • The average sales price for a single family home was $138021 in 2016. The median sales price that year was $130000, compared to a statewide median sales price of $212000.

    Source: Florida Department of Revenue, Sales Data Files

Median Sales Price for Single Family Homes and Condominiums, Gadsden County, 1996-2016

Place Housing Type 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 20152016
Gadsden County Condominiums NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Gadsden County Single Family Homes 62800 75000 73000 69900 68250 82000 83000 90400 112000 128928 150000 164000 150450 150000 140000 134450 120000 117500 131850 135500 130000
Notes:  Not applicable
Sources:  Florida Department of Revenue, Sales Data Files

Median Gross Rent, Gadsden County, Florida, 2011-2015 American Community Survey

Place Median Gross RentState Median Gross Rent
Gadsden County, Florida 682 1002
Notes:  American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2011-2015 American Community Survey 5-Year Summary File
  • In Gadsden County and the surrounding metro area, the HUD Fair Market Rent in 2017, representing rent for a typical modest apartment, was $703 for a studio apartment, $736 for a one-bedroom, $917 for a two-bedroom, $1217 for a three-bedroom, and $1397 for a four-bedroom unit.

    Source: U.S. Department of Housing and Urban Development, 2016 Fair Market Rents

Households by Monthly Rent Paid, Gadsden County, 2011-2015

Place <$200 $200-$299 $300-$499 $500-$749 $750-$999 $1,000-$1,499 $1,500-$1,999 $2,000-$2,499 $2,500-$2,999 $3,000-$3,499 $3,500 or More No Cash RentTotal
Gadsden County 135 190 916 1250 1206 478 70 0 0 0 0 729 4974
Notes:  American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2011-2015 American Community Survey 5-Year Summary File

Manufactured Housing Parks and Condominiums

  • There are 10 licensed manufactured housing parks in Gadsden with 218 lots in 2012.
  • There are licensed condominium developments in with units in 2012. Of these, properties with units were converted from rental to condo.

    Source: Florida Department of Business and Professional Regulation

Home Purchase Loans by Property Type, Gadsden County, 2005-2015

Application Count
Place County Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 20142015
Gadsden County Gadsden One to four-family (other than manufactured housing) 480 568 502 245 180 163 123 255 296 328 402
Gadsden County Gadsden Manufactured housing 111 136 125 54 30 37 25 50 62 73 76
Gadsden County Gadsden Multifamily 0 1 1 0 0 0 0 0 0 0 0
Notes:  Shows loan applications resulting in loan origination only. For more information, see HMDA User Guide
Sources:  Home Mortgage Disclosure Act data 2005-2015

Foreclosures and Serious Delinquencies

  • The Tallahassee MSA had a foreclosure rate for 1-4 unit homes of 6.64% and a serious delinquency (90+ day) rate of 2.86% in September 2013.

    Source: Analysis of LPI Applied Analytics data by LISC, tabulated by the Urban Institute
Affordable Housing Needs

Cost Burden, General

  • "Cost-burdened" households pay more than 30% of income for rent or mortgage costs. In 2016, 6201 Gadsden County households (34%) pay more than 30% of income for housing. By comparison, 42% of households statewide are cost-burdened.
  • 3702 households in Gadsden County (20%) pay more than 50% of income for housing.

Households by Cost Burden, Gadsden County, 2016

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Total 11962 2499 3702
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.
Homeowners and Renters

Households by Homeowner/Renter Status and Cost Burden, Gadsden County, 2016

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Owner 9978 1583 1935
Renter 1984 916 1767
Notes:  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 Gadsden County and the surrounding metro area, the HUD-estimated median income for a family of four is $68400 in 2017.

Households by Income and Cost Burden, Gadsden County, 2016

Household Income as Percentage of Area Median Income Amount of Income Paid for Housing
0-30% 30-50%50% or more
<=30% AMI 847 517 2716
30.01-50% AMI 1417 649 645
50.01-80% AMI 2390 703 294
80.01+% AMI 7308 630 47
Total 11962 2499 3702
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Elderly Households

  • 5104 households in Gadsden County (28.1%) are headed by a person age 65 or older in 2016. In comparison, 30.1% of households statewide are headed by elderly persons.
  • 4421 of elderly households in Gadsden (86.6%) own their homes.
  • 1415 elderly households (28%) pay more than 30% of income for rent or mortgage costs.

Elderly Households by Age and Cost Burden, Gadsden County, 2016

Age of Householder Amount of Income Paid for Housing
0-30% 30-49.9%50+ %
65 or more 3689 592 823
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Supply Characteristics

Single Family Home Size and Age

  • In 2016, the median size for a new single-family home in Gadsden County was 1697 square feet.

Year Structure Built, Gadsden County, 2011-2015 American Community Survey

Place Number Share by Decade
2010 or After 2000-2009 1990-1999 1980-1989 1970-1979 1960-1969 1950-1959 1940-1949 1939 or Earlier Total 2010 or After 2000-2009 1990-1999 1980-1989 1970-1979 1960-19691959 or Earlier
Gadsden County 337 3510 4258 3061 2279 2142 1773 987 1105 19452 1.7 18.0 21.9 15.7 11.7 11.0 19.9
Notes:  American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2011-2015 American Community Survey 5-Year Summary File

Housing Condition Characteristics (Occupied Units), Gadsden County, 2011-2015 American Community Survey

Place Persons Per Room House Heating Fuel Kitchen Facilities Plumbing Facilities
1.01 or More Persons per Room Share of Occupied Units (%) No Fuel Used Share of Occupied Units (%) Lacking Complete Facilities Share of Occupied Units (%) Lacking Complete FacilitiesShare of Occupied Units (%)
Gadsden County 1003 5.9 131 0.8 910 4.7 877 4.5
Notes:  Housing units are considered to be substandard if they are overcrowded, do not have heat, or lack complete kitchens or plumbing.
American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2011-2015 American Community Survey 5-Year Summary File