Housing Profile
Charlotte County, Florida

• Population, 2007: 164582. Charlotte County ranks # 28 of Florida's 67 counties in population.

• Households, 2007: 74438

• In 2030, Charlotte County is projected to have a population of 219299, ranking it # 28 of Florida's 67 counties.

Projected Total Population, Charlotte County, 2007-2030

Place	2007	2010	2015	2020	2025	2030
Charlotte County	164582	169702	183302	195899	208001	219299
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: $185236. (Statewide, the average just value of a single family home in Florida in 2008 was $248425).
• Mobile Home, average just value, 2008: $70628.
• Condominium, average just value, 2008: $202266.
• 
  * -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 $255788 in 2007. The median sales price that year was $209450, 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, Charlotte County, 1996-2007

Place	Housing Type	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007
Charlotte County	Condominiums	73000	76250	70500	76500	74500	76350	88000	109900	143950	199000	235000	288250
Charlotte County	Single Family Homes	78000	85000	87000	88900	97000	107000	122000	138600	167000	225000	215900	209450
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 Charlotte County households in 2000 was $626 per month, compared to a statewide median rent of $641.

• In Charlotte County and the surrounding metro area, the HUD Fair Market Rent in 2009, representing rent for a typical modest apartment, was $645 for a studio apartment, $676 for a one-bedroom, $877 for a two-bedroom, $1280 for a three-bedroom, and $1541 for a four-bedroom unit.

Households by Monthly Rent Paid, Charlotte 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
Charlotte County	724	289	367	1735	4483	1799	771	223

Cost Burden, General

• "Cost-burdened" households pay more than 30% of income for rent or mortgage costs. In 2007, 18653 Charlotte County households (25%) pay more than 30% of income for housing. By comparison, 0% of households statewide are cost-burdened.

• 7898 households in Charlotte County (11%) pay more than 50% of income for housing.

Households by Cost Burden, Charlotte County, 2007

	Amount of Income Paid for Housing
	0-30%	30-50%	50% or more
Total	55785	10755	7898
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, Charlotte County, 2007

	Amount of Income Paid for Housing
	0-30%	30-50%	50% or more
Owner	48005	8278	5817
Renter	7780	2477	2081
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 Charlotte County and the surrounding metro area, the HUD-estimated median income for a family of four is $52600 in 2008.

Households by Income and Cost Burden, Charlotte 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	1426	819	2993
30.01-50% AMI	3118	2238	2774
50.01-80% AMI	7561	3796	1562
80.01+% AMI	43680	3902	569
Total	55785	10755	7898
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

• 34921 households in Charlotte County (46.9%) are headed by a person age 65 or older in 2007. In comparison, 27.3% of households statewide are headed by elderly persons.

• 62679 of elderly households in Charlotte County (89.7%) own their homes.

• 7920 elderly households (23%) pay more than 30% of income for rent or mortgage costs.

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

Age of Householder	Amount of Income Paid for Housing
	0-30%	30-49.9%	50+ %
65+	27001	4490	3430
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

• 56573 households in Charlotte County (76%) are made up of 1-2 persons in 2007. 26% of these households pay more than 30% of income for rent or mortgage costs.

• 14118 households in Charlotte County (19%%) are made up of 3-4 persons in 2007. 23% of these households pay more than 30% of income for rent or mortgage costs.

• 3748 households in Charlotte County (5%%) are made up of 5 persons or more in 2007. 25% of these households pay more than 30% of income for rent or mortgage costs.

Households by Size and Cost Burden, Charlotte County, 2007

Number of Persons in the Household	Amount of Income Paid for Housing
	0-30%	30.01-50%	50.01+ %
1-2	42053	8155	6365
3-4	10918	2032	1168
5+	2812	570	366
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, 6861 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, Charlotte County, 2000

Amount of Income Paid for Housing
0-29.9%	30-49.9%	50+ %
2420	1688	2753

Single Family Home Size and Age

• In 2008, the median size for a new single-family home in Charlotte County was 1680 square feet.

Year Structure Built, Charlotte County, 2000

Year Structure Built, 2000
1939 and earlier	1940s	1950s	1960s	1970s	1980s	1990s	Place
662	474	3394	7160	18175	30182	19711	Charlotte 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,

• 1105 housing units (1.7% of all units) in Charlotte County were overcrowded, meaning that they housed more than one person per room, compared to a statewide percentage of 6.5%.

• 457 units (0.7%) in Charlotte County did not use home heating fuel, compared to a statewide percentage of 1.8%.

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

• 144 units (0.2%) in Charlotte County lacked complete plumbing facilities, compared to a statewide percentage of 0.4%.