Housing Profile
Polk County, Florida

• Population, 2007: 581059. Polk County ranks # 9 of Florida's 67 counties in population.

• Households, 2007: 225607

• In 2030, Polk County is projected to have a population of 813797, ranking it # 9 of Florida's 67 counties.

Projected Total Population, Polk County, 2007-2030

Place	2007	2010	2015	2020	2025	2030
Polk County	581059	602508	660503	713896	765501	813797
Notes:  Housing Needs Assessment - Population and Household Projection Methodology User Guide. Sources:   Not Available.

Existing Home Values (Based on County Property Appraisers' Just Value)

• Single Family Home, average just value, 2008: $168461. (Statewide, the average just value of a single family home in Florida in 2008 was $248425).
• Mobile Home, average just value, 2008: $64019.
• Condominium, average just value, 2008: $97343.
• 
  * -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 $229166 in 2007. The median sales price that year was $208000, 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, Polk County, 1996-2007

Place	Housing Type	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007
Polk County	Condominiums	50000	51400	48050	49900	51500	55000	56500	58900	65800	99900	122500	112000
Polk County	Single Family Homes	76900	79900	82300	87121	94900	99900	103450	119000	134000	168000	217100	208000
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 Polk County households in 2000 was $501 per month, compared to a statewide median rent of $641.

• In Polk County and the surrounding metro area, the HUD Fair Market Rent in 2009, representing rent for a typical modest apartment, was $617 for a studio apartment, $681 for a one-bedroom, $784 for a two-bedroom, $994 for a three-bedroom, and $1167 for a four-bedroom unit.

Households by Monthly Rent Paid, Polk 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
Polk County	2786	2160	3020	18106	17416	4212	1487	455

Cost Burden, General

• "Cost-burdened" households pay more than 30% of income for rent or mortgage costs. In 2007, 53647 Polk County households (24%) pay more than 30% of income for housing. By comparison, 0% of households statewide are cost-burdened.

• 21719 households in Polk County (10%) pay more than 50% of income for housing.

Households by Cost Burden, Polk County, 2007

	Amount of Income Paid for Housing
	0-30%	30-50%	50% or more
Total	171960	31928	21719
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.

Households by Homeowner/Renter Status and Cost Burden, Polk County, 2007

	Amount of Income Paid for Housing
	0-30%	30-50%	50% or more
Owner	131415	21447	12344
Renter	40545	10481	9375
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 Polk County and the surrounding metro area, the HUD-estimated median income for a family of four is $50700 in 2008.

Households by Income and Cost Burden, Polk 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	6042	3513	12142
30.01-50% AMI	9019	8197	5244
50.01-80% AMI	26807	9832	3216
80.01+% AMI	130092	10386	1117
Total	171960	31928	21719
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

• 65455 households in Polk 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.

• 112959 of elderly households in Polk County (86.3%) own their homes.

• 15449 elderly households (24%) pay more than 30% of income for rent or mortgage costs.

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

Age of Householder	Amount of Income Paid for Housing
	0-30%	30-49.9%	50+ %
65+	50006	9572	5877
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

• 140715 households in Polk County (62%) are made up of 1-2 persons in 2007. 26% of these households pay more than 30% of income for rent or mortgage costs.

• 62650 households in Polk County (28%%) are made up of 3-4 persons in 2007. 20% of these households pay more than 30% of income for rent or mortgage costs.

• 22234 households in Polk County (10%%) are made up of 5 persons or more in 2007. 22% of these households pay more than 30% of income for rent or mortgage costs.

Households by Size and Cost Burden, Polk County, 2007

Number of Persons in the Household	Amount of Income Paid for Housing
	0-30%	30.01-50%	50.01+ %
1-2	104769	20619	15327
3-4	49885	8340	4425
5+	17301	2969	1964
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, 24340 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, Polk County, 2000

Amount of Income Paid for Housing
0-29.9%	30-49.9%	50+ %
9455	6300	8585

Single Family Home Size and Age

• In 2008, the median size for a new single-family home in Polk County was 2337 square feet.

Year Structure Built, Polk County, 2000

Year Structure Built, 2000
1939 and earlier	1940s	1950s	1960s	1970s	1980s	1990s	Place
9573	7669	20034	27344	47129	58284	56343	Polk 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,

• 9277 housing units (5.0% of all units) in Polk County were overcrowded, meaning that they housed more than one person per room, compared to a statewide percentage of 6.5%.

• 1839 units (1.0%) in Polk County did not use home heating fuel, compared to a statewide percentage of 1.8%.

• 859 units (0.4%) in Polk County lacked complete kitchen facilities, compared to a statewide percentage of 0.5%.

• 656 units (0.3%) in Polk County lacked complete plumbing facilities, compared to a statewide percentage of 0.4%.