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Housing Profile
Lafayette County, Florida
  • Population, 2007: 8215. Lafayette County ranks # 66 of Florida's 67 counties in population.
  • Households, 2007: 2458
  • Homeownership Rate, 2007: 82.6%. Statewide, Florida's homeownership rate is 70.4%.
Population Projections
  • In 2030, Lafayette County is projected to have a population of 11101, ranking it # 66 of Florida's 67 counties.

Projected Total Population, Lafayette County, 2007-2030

Place 2007 2010 2015 2020 20252030
Lafayette County 8215 9199 10099 10500 10803 11101
Notes:  Housing Needs Assessment - Population and Household Projection Methodology User Guide.

Sources:   Not Available.
Housing Market

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

  • Single Family Home, average just value, 2008: $109550. (Statewide, the average just value of a single family home in Florida in 2008 was $248425).
  • Mobile Home, average just value, 2008: $54649.
  • Condominium, average just value, 2008: $0.

  • * -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 $174458 in 2007. The median sales price that year was $161000, 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, Lafayette County, 1996-2007

Place Housing Type 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 20062007
Lafayette County Condominiums 0 0 0 0 0 0 0 0 0 0 0 0
Lafayette County Single Family Homes 52250 49000 42000 45000 64750 65750 50000 97500 75500 127500 135000 161000
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 Lafayette County households in 2000 was $420 per month, compared to a statewide median rent of $641.
  • In Lafayette County and the surrounding metro area, the HUD Fair Market Rent in 2009, representing rent for a typical modest apartment, was $476 for a studio apartment, $520 for a one-bedroom, $577 for a two-bedroom, $721 for a three-bedroom, and $803 for a four-bedroom unit.

Households by Monthly Rent Paid, Lafayette 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 14991500 or more
Lafayette County 64 27 37 186 59 17 0 0
Affordable Housing Needs

Cost Burden, General

  • "Cost-burdened" households pay more than 30% of income for rent or mortgage costs. In 2007, 427 Lafayette County households (17%) pay more than 30% of income for housing. By comparison, 0% of households statewide are cost-burdened.
  • 228 households in Lafayette County (9%) pay more than 50% of income for housing.

Households by Cost Burden, Lafayette County, 2007

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Total 2031 199 228
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.

Homeowners and Renters

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

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Owner 1718 138 175
Renter 313 61 53
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 Lafayette County and the surrounding metro area, the HUD-estimated median income for a family of four is $43900 in 2008.

Households by Income and Cost Burden, Lafayette 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 71 47 113
30.01-50% AMI 213 76 62
50.01-80% AMI 386 39 33
80.01+% AMI 1361 37 20
Total 2031 199 228
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

  • 736 households in Lafayette County (29.9%) are headed by a person age 65 or older in 2007. In comparison, 27.3% of households statewide are headed by elderly persons.
  • 1313 of elderly households in Lafayette County (89.4%) own their homes.
  • 125 elderly households (17%) pay more than 30% of income for rent or mortgage costs.

Elderly Households by Age and Cost Burden, Lafayette County, 2007

Age of Householder Amount of Income Paid for Housing
0-30% 30-49.9%50+ %
65+ 611 66 59
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

  • 1383 households in Lafayette County (56%) are made up of 1-2 persons in 2007. 17% of these households pay more than 30% of income for rent or mortgage costs.
  • 781 households in Lafayette County (32%%) are made up of 3-4 persons in 2007. 16% of these households pay more than 30% of income for rent or mortgage costs.
  • 295 households in Lafayette County (12%%) 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, Lafayette County, 2007

Number of Persons in the Household Amount of Income Paid for Housing
0-30% 30.01-50%50.01+ %
1-2 1142 108 133
3-4 659 62 60
5+ 230 30 35
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, 296 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, Lafayette County, 2000

Amount of Income Paid for Housing
0-29.9% 30-49.9%50+ %
147 54 95

Single Family Home Size and Age

  • In 2008, the median size for a new single-family home in Lafayette County was 1628 square feet.

Year Structure Built, Lafayette County, 2000

Year Structure Built, 2000
1939 and earlier 1940s 1950s 1960s 1970s 1980s 1990sPlace
139 140 182 285 786 564 564 Lafayette 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,

  • 131 housing units (6.1% of all units) in Lafayette County were overcrowded, meaning that they housed more than one person per room, compared to a statewide percentage of 6.5%.
  • 35 units (1.6%) in Lafayette County did not use home heating fuel, compared to a statewide percentage of 1.8%.
  • 0 units (0.0%) in Lafayette County lacked complete kitchen facilities, compared to a statewide percentage of 0.5%.
  • 12 units (0.5%) in Lafayette County lacked complete plumbing facilities, compared to a statewide percentage of 0.4%.