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Housing Profile
Levy County, Florida
- Population, 2007: 40044. Levy County ranks # 44 of Florida's 67 counties in population.
- Homeownership Rate, 2007: 83.4%. Statewide, Florida's homeownership rate is
70.4%.
Population Projections
- In 2030, Levy County is projected to have a population of
55102, ranking it # 44 of Florida's 67 counties.
Projected Total Population, Levy County, 2007-2030
Housing Market
Existing Home Values (Based on County Property Appraisers' Just Value)
- Single Family Home, average just value, 2008: $156925. (Statewide, the average just value of a
single family home in Florida in 2008 was $248425).
- Mobile Home, average just value, 2008: $65656.
- Condominium, average just value, 2008: $222581.
* -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 $185028 in 2007.
The median sales price that year was $150000, 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, Levy County, 1996-2007
| Place | Housing Type | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 |
| Levy County | Condominiums | 140000 |
91000 |
115000 |
124700 |
85000 |
129500 |
155000 |
205000 |
225000 |
320000 |
262500 |
297000 |
| Levy County | Single Family Homes | 55000 |
62000 |
55000 |
62000 |
66500 |
69900 |
80000 |
83500 |
117950 |
139000 |
155000 |
150000 |
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 Levy County households in 2000 was $413 per month, compared to a statewide median rent of $641.
- In Levy County and the surrounding metro area, the
HUD Fair Market Rent in 2009, representing rent for
a typical modest apartment, was $478 for a studio
apartment, $513 for a one-bedroom, $577 for a two-bedroom, $737 for a
three-bedroom, and $758 for a four-bedroom unit.
Households by Monthly Rent Paid, Levy 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 |
| Levy County | 341 | 210 |
194 |
896 |
493 |
41 |
25 |
6 |
Affordable Housing Needs
Cost Burden, General
- "Cost-burdened" households pay more than 30% of income for rent or mortgage costs. In 2007, 4911 Levy County households (30%) pay more than 30% of income for housing. By comparison, 0% of households statewide are cost-burdened.
- 2442 households in Levy County (15%) pay more than 50% of income for housing.
Households by Cost Burden, Levy 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, Levy 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 Levy County and the surrounding metro
area, the HUD-estimated median income for a family of four is
$38400 in 2008.
Households by Income and Cost Burden, Levy County, 2007
** 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
- 4750 households in Levy County (29.0%) are headed by a person age 65 or older in 2007. In comparison, 27.3% of households statewide are headed by elderly persons.
- 8575 of elderly households in Levy County (90.2%) own their homes.
- 1410 elderly households (30%) pay more than 30% of income for rent or mortgage costs.
Elderly Households by Age and Cost Burden, Levy 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
- 10517 households in Levy County (64%) are made up of 1-2 persons in 2007. 30% of these households pay more than 30% of income for rent or mortgage costs.
- 4416 households in Levy County (27%%) are made up of 3-4 persons in 2007. 28% of these households pay more than 30% of income for rent or mortgage costs.
- 1437 households in Levy County (9%%) are made up of 5 persons or more in 2007. 36% of these households pay more than 30% of income for rent or mortgage costs.
Households by Size and Cost Burden, Levy 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, 2446 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, Levy County, 2000
| Amount of Income Paid for Housing |
| 0-29.9% | 30-49.9% | 50+ % |
| 1007 | 572 |
867 |
Single Family Home Size and Age
- In 2008, the median size for a new single-family home in Levy County was 1762 square feet.
Year Structure Built, Levy County, 2000
| 1939 and earlier | 1940s | 1950s | 1960s | 1970s | 1980s | 1990s | Place |
| 526 |
353 |
798 |
1270 |
3749 |
4955 |
4919 |
Levy 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,
- 551 housing units (4.0%
of all units) in Levy County were overcrowded, meaning that they housed more than one person per room, compared to a statewide percentage of 6.5%.
- 122 units (0.9%) in Levy County did not use home heating fuel, compared to a statewide percentage of 1.8%.
- 104 units (0.6%) in Levy County lacked complete kitchen facilities, compared to a statewide percentage of 0.5%.
- 98 units (0.6%) in Levy County lacked complete plumbing facilities, compared to a statewide percentage of 0.4%.
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