:|
:|
:|
:|
 
spacer
Housing Profile
Suwannee County, Florida
  • Population, 2015: 44456. Suwannee County ranks # 44 of Florida's 67 counties in population.
  • Households, 2015: 17121
  • Homeownership Rate, 2015: 75.4%. Statewide, Florida's homeownership rate is 67.7%.
Population Projections
  • In 2040, Suwannee County is projected to have a population of 54803, ranking it # 42 of Florida's 67 counties.

Projected Total Population, Suwannee County, 2010-2040

Place 2010 2015 2020 2025 2030 20352040
Suwannee County 41551 44456 46999 49301 51299 53200 54803
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: $98495. (Statewide, the average just value of a single family home in Florida in 2016 was $219681).
  • Mobile Home, average just value, 2016: $48975.
  • Condominium, average just value, 2016: $0.

Home Sales Prices

  • The average sales price for a single family home was $136425 in 2016. The median sales price that year was $120000, 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, Suwannee 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
Suwannee County Single Family Homes 55000 60000 60000 64900 69000 78250 79000 77250 89900 128450 147850 129500 130000 123250 117000 105000 128000 99300 118450 130250 120000
Suwannee County Condominiums NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Notes:  Not applicable
Sources:  Florida Department of Revenue, Sales Data Files

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

Place Median Gross RentState Median Gross Rent
Suwannee County 674 998
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 Suwannee County and the surrounding metro area, the HUD Fair Market Rent in 2016, representing rent for a typical modest apartment, was $471 for a studio apartment, $474 for a one-bedroom, $634 for a two-bedroom, $877 for a three-bedroom, and $1013 for a four-bedroom unit.

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

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

Place <$200 $200-$299 $300-$499 $500-$749 $750-$999 $1,000-$1,499 $1,500 or More No Cash RentTotal
Suwannee County 89 161 847 1247 914 302 53 1024 4637
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 6 licensed manufactured housing parks in Suwannee with 289 lots in 2012.
  • There are licensed condominium developments in with units in 2012. Of these, properties with units were converted from rental to condo.

    Source: Florida Department of Business and Professional Regulation

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

Application Count
Place County Property Type 2005 2006 2007 2008 2009 2010 2011 2012 20132014
Suwannee County Suwannee One to four-family (other than manufactured housing) 256 256 213 125 88 81 81 118 122 181
Suwannee County Suwannee Manufactured housing 144 137 184 121 94 107 57 85 106 86
Suwannee County Suwannee Multifamily 0 0 0 0 2 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

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, 4874 Suwannee County households (28%) pay more than 30% of income for housing. By comparison, 42% of households statewide are cost-burdened.
  • 2405 households in Suwannee County (14%) pay more than 50% of income for housing.

Households by Cost Burden, Suwannee County, 2015

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Total 12247 2469 2405
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, Suwannee County, 2015

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Owner 9913 1484 1508
Renter 2334 985 897
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 Suwannee County and the surrounding metro area, the HUD-estimated median income for a family of four is $44900 in 2016.

Households by Income and Cost Burden, Suwannee 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 416 69 1193
30.01-50% AMI 863 740 526
50.01-80% AMI 2111 826 363
80.01+% AMI 8857 834 323
Total 12247 2469 2405
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Elderly Households

  • 5753 households in Suwannee County (33.6%) are headed by a person age 65 or older in 2015. In comparison, 29.6% of households statewide are headed by elderly persons.
  • 4820 of elderly households in Suwannee (83.8%) own their homes.
  • 1401 elderly households (24%) pay more than 30% of income for rent or mortgage costs.

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

Age of Householder Amount of Income Paid for Housing
0-30% 30-49.9%50+ %
65 or more 4352 699 702
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 Suwannee County was 1580 square feet.

Year Structure Built, Suwannee 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
Suwannee County 4122 4675 3949 3016 1224 715 493 810 19004 21.7 24.6 20.8 15.9 6.4 10.6
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), Suwannee 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 (%)
Suwannee County 431 2.8 81 0.5 948 5.0 826 4.3
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