:|
:|
:|
:|
 
spacer
Housing Profile
Pinellas County, Florida
  • Population, 2015: 944976. Pinellas County ranks # 6 of Florida's 67 counties in population.
  • Households, 2015: 434206
  • Homeownership Rate, 2015: 68.1%. Statewide, Florida's homeownership rate is 67.7%.
Population Projections
  • In 2040, Pinellas County is projected to have a population of 982201, ranking it # 8 of Florida's 67 counties.

Projected Total Population, Pinellas County, 2010-2040

Place 2010 2015 2020 2025 2030 20352040
Pinellas County 916542 944976 956496 967096 972502 975691 982201
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: $202035. (Statewide, the average just value of a single family home in Florida in 2016 was $219681).
  • Mobile Home, average just value, 2016: $47462.
  • Condominium, average just value, 2016: $155127.

Home Sales Prices

  • The average sales price for a single family home was $272862 in 2016. The median sales price that year was $215000, 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, Pinellas 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
Pinellas County Single Family Homes 87600 90000 94500 102700 109000 120000 130000 143000 161500 192000 210000 209000 165000 165000 157000 150000 155000 170000 185900 197500 215000
Pinellas County Condominiums 61300 65300 65000 66000 72000 75000 83500 98900 130000 160950 169000 159000 135000 119950 115000 90000 93000 100000 109000 114700 118000
Notes:  Not applicable
Sources:  Florida Department of Revenue, Sales Data Files

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

Place Median Gross RentState Median Gross Rent
Pinellas County 955 998
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 Pinellas County and the surrounding metro area, the HUD Fair Market Rent in 2016, representing rent for a typical modest apartment, was $668 for a studio apartment, $795 for a one-bedroom, $992 for a two-bedroom, $1319 for a three-bedroom, and $1575 for a four-bedroom unit.

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

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

Place <$200 $200-$299 $300-$499 $500-$749 $750-$999 $1,000-$1,499 $1,500 or More No Cash RentTotal
Pinellas County 1021 2037 4652 24361 41279 42894 16657 6090 138991
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 189 licensed manufactured housing parks in Pinellas with 26148 lots in 2012.
  • There are 2009 licensed condominium developments in Pinellas with 105611 units in 2012. Of these, 249 properties with 19191 units were converted from rental to condo.

    Source: Florida Department of Business and Professional Regulation

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

Application Count
Place County Property Type 2005 2006 2007 2008 2009 2010 2011 2012 20132014
Pinellas County Pinellas One to four-family (other than manufactured housing) 31602 22500 11937 7187 6553 6458 6570 11945 14020 16482
Pinellas County Pinellas Manufactured housing 366 728 203 141 64 59 30 42 82 78
Pinellas County Pinellas Multifamily 117 50 37 17 12 17 18 42 60 43
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 Tampa-St. Petersburg-Clearwater MSA had a foreclosure rate for 1-4 unit homes of 10.86% and a serious delinquency (90+ day) rate of 3.94% 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, 168988 Pinellas County households (39%) pay more than 30% of income for housing. By comparison, 42% of households statewide are cost-burdened.
  • 81979 households in Pinellas County (19%) pay more than 50% of income for housing.

Households by Cost Burden, Pinellas County, 2015

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Total 265218 87009 81979
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, Pinellas County, 2015

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Owner 196477 55120 44297
Renter 68741 31889 37682
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 Pinellas County and the surrounding metro area, the HUD-estimated median income for a family of four is $59200 in 2016.

Households by Income and Cost Burden, Pinellas 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 3512 2756 33760
30.01-50% AMI 7936 12913 21763
50.01-80% AMI 25309 26803 14673
80.01+% AMI 228461 44537 11783
Total 265218 87009 81979
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Elderly Households

  • 147176 households in Pinellas County (33.9%) are headed by a person age 65 or older in 2015. In comparison, 29.6% of households statewide are headed by elderly persons.
  • 119712 of elderly households in Pinellas (81.3%) own their homes.
  • 63767 elderly households (43%) pay more than 30% of income for rent or mortgage costs.

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

Age of Householder Amount of Income Paid for Housing
0-30% 30-49.9%50+ %
65 or more 83409 32616 31151
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 Pinellas County was 1778 square feet.

Year Structure Built, Pinellas 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
Pinellas County 33004 46477 102517 143975 80780 66518 12540 17617 503428 6.6 9.2 20.4 28.6 16.0 19.2
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), Pinellas 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 (%)
Pinellas County 5743 1.4 3059 0.8 10545 2.1 7225 1.4
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