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Housing Profile
Nassau County, Florida
  • Population, 2015: 76537. Nassau County ranks # 37 of Florida's 67 counties in population.
  • Households, 2015: 30857
  • Homeownership Rate, 2015: 78.7%. Statewide, Florida's homeownership rate is 67.7%.
Population Projections
  • In 2040, Nassau County is projected to have a population of 111298, ranking it # 37 of Florida's 67 counties.

Projected Total Population, Nassau County, 2010-2040

Place 2010 2015 2020 2025 2030 20352040
Nassau County 73314 76537 84504 92003 98895 105303 111298
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: $229236. (Statewide, the average just value of a single family home in Florida in 2016 was $219681).
  • Mobile Home, average just value, 2016: $56956.
  • Condominium, average just value, 2016: $305679.

Home Sales Prices

  • The average sales price for a single family home was $322275 in 2016. The median sales price that year was $246000, 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, Nassau 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
Nassau County Condominiums 154700 199000 129900 240000 324000 262750 280000 314750 360000 385500 315000 369900 316500 207500 120600 280000 239000 269000 280000 285000 267500
Nassau County Single Family Homes 112000 121950 127500 140500 147100 165000 175000 178400 190150 224500 255000 254200 232850 210000 215300 192900 200000 206950 233600 229900 246000
Notes:  Not applicable
Sources:  Florida Department of Revenue, Sales Data Files

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

Place Median Gross RentState Median Gross Rent
Nassau County 1026 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 Nassau County and the surrounding metro area, the HUD Fair Market Rent in 2016, representing rent for a typical modest apartment, was $616 for a studio apartment, $787 for a one-bedroom, $960 for a two-bedroom, $1270 for a three-bedroom, and $1578 for a four-bedroom unit.

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

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

Place <$200 $200-$299 $300-$499 $500-$749 $750-$999 $1,000-$1,499 $1,500 or More No Cash RentTotal
Nassau County 19 179 388 944 1186 1862 1079 643 6300
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 11 licensed manufactured housing parks in Nassau with 247 lots in 2012.
  • There are 79 licensed condominium developments in Nassau with 3872 units in 2012. Of these, 7 properties with 662 units were converted from rental to condo.

    Source: Florida Department of Business and Professional Regulation

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

Application Count
Place County Property Type 2005 2006 2007 2008 2009 2010 2011 2012 20132014
Nassau County Nassau One to four-family (other than manufactured housing) 2253 2143 1327 729 670 730 683 1402 1929 2113
Nassau County Nassau Manufactured housing 184 174 171 135 70 73 60 110 112 145
Nassau County Nassau Multifamily 0 1 2 0 0 0 0 2 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

  • The Jacksonville MSA had a foreclosure rate for 1-4 unit homes of 8.59% and a serious delinquency (90+ day) rate of 4.57% in September 2013.

    Source: Analysis of LPI Applied Analytics data by LISC, tabulated by the Urban Institute
Affordable Housing Needs

Cost Burden, General

  • "Cost-burdened" households pay more than 30% of income for rent or mortgage costs. In 2015, 10037 Nassau County households (33%) pay more than 30% of income for housing. By comparison, 42% of households statewide are cost-burdened.
  • 4668 households in Nassau County (15%) pay more than 50% of income for housing.

Households by Cost Burden, Nassau County, 2015

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Total 20820 5369 4668
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, Nassau County, 2015

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Owner 17226 3865 3200
Renter 3594 1504 1468
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 Nassau County and the surrounding metro area, the HUD-estimated median income for a family of four is $64900 in 2016.

Households by Income and Cost Burden, Nassau 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 656 395 2133
30.01-50% AMI 1068 812 1085
50.01-80% AMI 2585 1611 830
80.01+% AMI 16511 2551 620
Total 20820 5369 4668
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Elderly Households

  • 9589 households in Nassau County (31.1%) are headed by a person age 65 or older in 2015. In comparison, 29.6% of households statewide are headed by elderly persons.
  • 8408 of elderly households in Nassau (87.7%) own their homes.
  • 2512 elderly households (26%) pay more than 30% of income for rent or mortgage costs.

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

Age of Householder Amount of Income Paid for Housing
0-30% 30-49.9%50+ %
65 or more 7077 1242 1270
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 Nassau County was 2324 square feet.

Year Structure Built, Nassau 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
Nassau County 11303 6944 7289 4843 1856 1645 456 1085 35421 31.9 19.6 20.6 13.7 5.2 9.0
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), Nassau 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 (%)
Nassau County 319 1.1 254 0.9 781 2.2 631 1.8
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