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Housing Profile
Lee County, Florida
  • Population, 2007: 615742. Lee County ranks # 8 of Florida's 67 counties in population.
  • Households, 2007: 257679
  • Homeownership Rate, 2007: 76.0%. Statewide, Florida's homeownership rate is 70.4%.
Population Projections
  • In 2030, Lee County is projected to have a population of 1033499, ranking it # 7 of Florida's 67 counties.

Projected Total Population, Lee County, 2007-2030

Place 2007 2010 2015 2020 20252030
Lee County 615742 654599 756702 851999 945298 1033499
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: $271146. (Statewide, the average just value of a single family home in Florida in 2008 was $248425).
  • Mobile Home, average just value, 2008: $82521.
  • Condominium, average just value, 2008: $237299.

  • * -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 $357126 in 2007. The median sales price that year was $262500, 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, Lee County, 1996-2007

Place Housing Type 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 20062007
Lee County Condominiums 99900 108200 115450 119050 128800 135000 145000 157500 177600 230000 258000 250700
Lee County Single Family Homes 107000 115000 116850 123900 128700 138000 152000 167500 195950 263000 279900 262500
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 Lee County households in 2000 was $646 per month, compared to a statewide median rent of $641.
  • In Lee County and the surrounding metro area, the HUD Fair Market Rent in 2009, representing rent for a typical modest apartment, was $800 for a studio apartment, $864 for a one-bedroom, $984 for a two-bedroom, $1337 for a three-bedroom, and $1377 for a four-bedroom unit.

Households by Monthly Rent Paid, Lee 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
Lee County 2150 1477 1217 6951 19106 8743 3144 1434
Affordable Housing Needs

Cost Burden, General

  • "Cost-burdened" households pay more than 30% of income for rent or mortgage costs. In 2007, 67707 Lee County households (26%) pay more than 30% of income for housing. By comparison, 0% of households statewide are cost-burdened.
  • 28449 households in Lee County (11%) pay more than 50% of income for housing.

Households by Cost Burden, Lee County, 2007

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Total 189972 39258 28449
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, Lee County, 2007

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Owner 150852 26922 18105
Renter 39120 12336 10344
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 Lee County and the surrounding metro area, the HUD-estimated median income for a family of four is $59900 in 2008.

Households by Income and Cost Burden, Lee 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 6265 2596 12393
30.01-50% AMI 8743 8601 8164
50.01-80% AMI 26684 14014 4767
80.01+% AMI 148280 14047 3125
Total 189972 39258 28449
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

  • 89218 households in Lee County (34.6%) are headed by a person age 65 or older in 2007. In comparison, 27.3% of households statewide are headed by elderly persons.
  • 158224 of elderly households in Lee County (88.8%) own their homes.
  • 21296 elderly households (24%) pay more than 30% of income for rent or mortgage costs.

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

Age of Householder Amount of Income Paid for Housing
0-30% 30-49.9%50+ %
65+ 67922 11541 9755
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

  • 181851 households in Lee County (71%) are made up of 1-2 persons in 2007. 27% of these households pay more than 30% of income for rent or mortgage costs.
  • 58520 households in Lee County (23%%) are made up of 3-4 persons in 2007. 23% of these households pay more than 30% of income for rent or mortgage costs.
  • 17294 households in Lee County (7%%) are made up of 5 persons or more in 2007. 24% of these households pay more than 30% of income for rent or mortgage costs.

Households by Size and Cost Burden, Lee County, 2007

Number of Persons in the Household Amount of Income Paid for Housing
0-30% 30.01-50%50.01+ %
1-2 132034 27609 22208
3-4 44856 8988 4676
5+ 13076 2658 1560
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, 19708 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, Lee County, 2000

Amount of Income Paid for Housing
0-29.9% 30-49.9%50+ %
6950 5304 7454

Single Family Home Size and Age

  • In 2008, the median size for a new single-family home in Lee County was 3038 square feet.

Year Structure Built, Lee County, 2000

Year Structure Built, 2000
1939 and earlier 1940s 1950s 1960s 1970s 1980s 1990sPlace
2654 2355 9041 24025 56952 81099 69279 Lee 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,

  • 6984 housing units (3.7% of all units) in Lee County were overcrowded, meaning that they housed more than one person per room, compared to a statewide percentage of 6.5%.
  • 2650 units (1.4%) in Lee County did not use home heating fuel, compared to a statewide percentage of 1.8%.
  • 731 units (0.3%) in Lee County lacked complete kitchen facilities, compared to a statewide percentage of 0.5%.
  • 743 units (0.3%) in Lee County lacked complete plumbing facilities, compared to a statewide percentage of 0.4%.