:|
:|
:|
:|
 
spacer
Housing Profile
Sumter County, Florida
  • Population, 2015: 115661. Sumter County ranks # 34 of Florida's 67 counties in population.
  • Households, 2015: 53444
  • Homeownership Rate, 2015: 90.5%. Statewide, Florida's homeownership rate is 67.7%.
Population Projections
  • In 2040, Sumter County is projected to have a population of 230501, ranking it # 27 of Florida's 67 counties.

Projected Total Population, Sumter County, 2010-2040

Place 2010 2015 2020 2025 2030 20352040
Sumter County 93420 115661 140997 165199 187906 209597 230501
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: $210193. (Statewide, the average just value of a single family home in Florida in 2016 was $219681).
  • Mobile Home, average just value, 2016: $41368.
  • Condominium, average just value, 2016: $111188.

Home Sales Prices

  • The average sales price for a single family home was $266608 in 2016. The median sales price that year was $240100, 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, Sumter 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
Sumter County Condominiums 32000 32500 38000 33450 32000 33500 34250 32000 37000 58000 209900 165000 125000 80000 71100 64000 75000 92000 106000 119900 120100
Sumter County Single Family Homes 93200 55000 105200 113800 125000 136000 141950 123900 170000 197000 220000 220950 199150 202400 203400 205000 211000 228850 250000 260000 240100
Notes:  Not applicable
Sources:  Florida Department of Revenue, Sales Data Files

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

Place Median Gross RentState Median Gross Rent
Sumter County 780 998
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 Sumter County and the surrounding metro area, the HUD Fair Market Rent in 2016, representing rent for a typical modest apartment, was $520 for a studio apartment, $600 for a one-bedroom, $728 for a two-bedroom, $1061 for a three-bedroom, and $1123 for a four-bedroom unit.

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

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

Place <$200 $200-$299 $300-$499 $500-$749 $750-$999 $1,000-$1,499 $1,500 or More No Cash RentTotal
Sumter County 54 71 565 1066 888 654 455 708 4461
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 24 licensed manufactured housing parks in Sumter with 1563 lots in 2012.
  • There are 7 licensed condominium developments in Sumter with 550 units in 2012. Of these, 2 properties with 142 units were converted from rental to condo.

    Source: Florida Department of Business and Professional Regulation

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

Application Count
Place County Property Type 2005 2006 2007 2008 2009 2010 2011 2012 20132014
Sumter County Sumter One to four-family (other than manufactured housing) 3008 1360 930 714 458 472 2001 7710 9293 7927
Sumter County Sumter Manufactured housing 158 158 129 71 47 38 24 46 84 112
Sumter County Sumter Multifamily 0 0 0 0 0 0 1 0 2 3
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

This table is not available outside of Metropolitan Statistical Areas (MSAs)

Affordable Housing Needs

Cost Burden, General

  • "Cost-burdened" households pay more than 30% of income for rent or mortgage costs. In 2015, 13349 Sumter County households (25%) pay more than 30% of income for housing. By comparison, 42% of households statewide are cost-burdened.
  • 6970 households in Sumter County (13%) pay more than 50% of income for housing.

Households by Cost Burden, Sumter County, 2015

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Total 40095 6379 6970
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, Sumter County, 2015

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Owner 37462 5333 5580
Renter 2633 1046 1390
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 Sumter County and the surrounding metro area, the HUD-estimated median income for a family of four is $62100 in 2016.

Households by Income and Cost Burden, Sumter 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 452 309 3053
30.01-50% AMI 2640 1339 1574
50.01-80% AMI 5763 1592 1332
80.01+% AMI 31240 3139 1011
Total 40095 6379 6970
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Elderly Households

  • 36056 households in Sumter County (67.5%) are headed by a person age 65 or older in 2015. In comparison, 29.6% of households statewide are headed by elderly persons.
  • 34387 of elderly households in Sumter (95.4%) own their homes.
  • 8629 elderly households (24%) pay more than 30% of income for rent or mortgage costs.

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

Age of Householder Amount of Income Paid for Housing
0-30% 30-49.9%50+ %
65 or more 27427 4146 4483
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 Sumter County was 2024 square feet.

Year Structure Built, Sumter 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
Sumter County 35283 10637 5556 3608 1759 825 302 541 58511 60.3 18.2 9.5 6.2 3.0 2.9
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), Sumter 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 (%)
Sumter County 601 1.3 132 0.3 1231 2.1 1045 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