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Housing Profile
Gulf County, Florida
  • Population, 2015: 16350. Gulf County ranks # 59 of Florida's 67 counties in population.
  • Households, 2015: 5500
  • Homeownership Rate, 2015: 75.8%. Statewide, Florida's homeownership rate is 67.7%.
Population Projections
  • In 2040, Gulf County is projected to have a population of 17603, ranking it # 60 of Florida's 67 counties.

Projected Total Population, Gulf County, 2010-2040

Place 2010 2015 2020 2025 2030 20352040
Gulf County 15863 16350 16700 17000 17197 17402 17603
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: $160397. (Statewide, the average just value of a single family home in Florida in 2016 was $219681).
  • Mobile Home, average just value, 2016: $40517.
  • Condominium, average just value, 2016: $213097.

Home Sales Prices

  • The average sales price for a single family home was $253586 in 2016. The median sales price that year was $180000, 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, Gulf 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
Gulf County Single Family Homes 65000 80000 80900 111500 125000 132000 165000 185000 236000 265000 192850 217500 250000 192500 175000 173500 150000 181000 198000 190000 180000
Gulf County Condominiums 109700 149000 115000 190500 194250 228700 166750 160000 370000 500000 521900 190500 397000 235050 225000 245000 196000 219000 275000 299000 325500
Notes:  Not applicable
Sources:  Florida Department of Revenue, Sales Data Files

Median Gross Rent, Gulf County, 2010-2014 American Community Survey

Place Median Gross RentState Median Gross Rent
Gulf County 842 998
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, 2010-2014 American Community Survey 5-Year Summary File
  • In Gulf County and the surrounding metro area, the HUD Fair Market Rent in 2016, representing rent for a typical modest apartment, was $543 for a studio apartment, $638 for a one-bedroom, $738 for a two-bedroom, $1001 for a three-bedroom, and $1238 for a four-bedroom unit.

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

Households by Monthly Rent Paid, Gulf County, 2010-2014

Place <$200 $200-$299 $300-$499 $500-$749 $750-$999 $1,000-$1,499 $1,500 or More No Cash RentTotal
Gulf County 13 29 95 318 439 223 65 332 1514
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, 2010-2014 American Community Survey 5-Year Summary File

Manufactured Housing Parks and Condominiums

  • There are 1 licensed manufactured housing parks in Gulf with 18 lots in 2012.
  • There are 7 licensed condominium developments in Gulf with 104 units in 2012. Of these, 0 properties with 0 units were converted from rental to condo.

    Source: Florida Department of Business and Professional Regulation

Home Purchase Loans by Property Type, Gulf County, 2005-2014

Application Count
Place County Property Type 2005 2006 2007 2008 2009 2010 2011 2012 20132014
Gulf County Gulf One to four-family (other than manufactured housing) 310 210 196 106 108 107 112 246 320 334
Gulf County Gulf Manufactured housing 39 33 29 10 8 12 10 11 34 26
Gulf County Gulf Multifamily 0 0 1 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 2005-2014

Foreclosures and Serious Delinquencies

This table is not available outside of Metropolitan Statistical Areas (MSAs)

Affordable Housing Needs

Cost Burden, General

  • "Cost-burdened" households pay more than 30% of income for rent or mortgage costs. In 2015, 1787 Gulf County households (32%) pay more than 30% of income for housing. By comparison, 42% of households statewide are cost-burdened.
  • 862 households in Gulf County (16%) pay more than 50% of income for housing.

Households by Cost Burden, Gulf County, 2015

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Total 3713 925 862
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, Gulf County, 2015

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Owner 3029 595 543
Renter 684 330 319
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 Gulf County and the surrounding metro area, the HUD-estimated median income for a family of four is $45700 in 2016.

Households by Income and Cost Burden, Gulf County, 2015

Household Income as Percentage of Area Median Income Amount of Income Paid for Housing
0-30% 30-50%50% or more
<=30% AMI 51 50 385
30.01-50% AMI 196 160 227
50.01-80% AMI 448 291 129
80.01+% AMI 3018 424 121
Total 3713 925 862
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Elderly Households

  • 1997 households in Gulf County (36.3%) are headed by a person age 65 or older in 2015. In comparison, 29.6% of households statewide are headed by elderly persons.
  • 1739 of elderly households in Gulf (87.1%) own their homes.
  • 488 elderly households (24%) pay more than 30% of income for rent or mortgage costs.

Elderly Households by Age and Cost Burden, Gulf County, 2015

Age of Householder Amount of Income Paid for Housing
0-30% 30-49.9%50+ %
65 or more 1509 237 251
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 Gulf County was 1781 square feet.

Year Structure Built, Gulf County, 2010-2014 American Community Survey

Place Number Share by Decade
2000 or After 1990-1999 1980-1989 1970-1979 1960-1969 1950-1959 1940-1949 1939 or Earlier Total 2000 or After 1990-1999 1980-1989 1970-1979 1960-19691959 or Earlier
Gulf County 2186 1587 1718 996 993 1098 355 197 9130 23.9 17.4 18.8 10.9 10.9 18.1
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, 2010-2014 American Community Survey 5-Year Summary File

Housing Condition Characteristics (Occupied Units), Gulf County, 2010-2014 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 (%)
Gulf County 194 3.6 - - 183 2.0 275 3.0
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, 2010-2014 American Community Survey 5-Year Summary File