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Housing Profile
Lee County, Florida
- Population, 2007: 615742. Lee County ranks # 8 of Florida's 67 counties in population.
- 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
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 | 2006 | 2007 |
| 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.
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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 1499 | 1500 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
** 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
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.
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** 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
** 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
** 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
| 1939 and earlier | 1940s | 1950s | 1960s | 1970s | 1980s | 1990s | Place |
| 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%.
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