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Housing Profile
Citrus County, Florida
  • Population, 2015: 141500. Citrus County ranks # 33 of Florida's 67 counties in population.
  • Households, 2015: 64217
  • Homeownership Rate, 2015: 82.7%. Statewide, Florida's homeownership rate is 67.7%.
Population Projections
  • In 2040, Citrus County is projected to have a population of 171700, ranking it # 35 of Florida's 67 counties.

Projected Total Population, Citrus County, 2010-2040

Place 2010 2015 2020 2025 2030 20352040
Citrus County 141236 141500 149298 156201 162099 167504 171700
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: $114604. (Statewide, the average just value of a single family home in Florida in 2016 was $219681).
  • Mobile Home, average just value, 2016: $38328.
  • Condominium, average just value, 2016: $79257.

Home Sales Prices

  • The average sales price for a single family home was $151238 in 2016. The median sales price that year was $129900, 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, Citrus 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
Citrus County Single Family Homes 60000 60000 67500 70000 74500 77500 85050 95000 115000 149900 170000 163000 135000 120000 110000 99250 102000 109000 108500 125000 129900
Citrus County Condominiums 56000 55000 58000 59700 64900 67000 75000 86000 101200 132450 150000 130000 99100 80000 72000 63000 75000 71000 65000 77000 85000
Notes:  Not applicable
Sources:  Florida Department of Revenue, Sales Data Files

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

Place Median Gross RentState Median Gross Rent
Citrus 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 Citrus County and the surrounding metro area, the HUD Fair Market Rent in 2016, representing rent for a typical modest apartment, was $608 for a studio apartment, $612 for a one-bedroom, $776 for a two-bedroom, $1011 for a three-bedroom, and $1284 for a four-bedroom unit.

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

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

Place <$200 $200-$299 $300-$499 $500-$749 $750-$999 $1,000-$1,499 $1,500 or More No Cash RentTotal
Citrus County 29 334 892 3285 2810 2132 583 1173 11238
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 42 licensed manufactured housing parks in Citrus with 3574 lots in 2012.
  • There are 81 licensed condominium developments in Citrus with 1802 units in 2012. Of these, 8 properties with 138 units were converted from rental to condo.

    Source: Florida Department of Business and Professional Regulation

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

Application Count
Place County Property Type 2005 2006 2007 2008 2009 2010 2011 2012 20132014
Citrus County Citrus One to four-family (other than manufactured housing) 4032 3392 1977 1247 972 876 759 1965 2914 3566
Citrus County Citrus Manufactured housing 342 312 225 140 73 96 81 158 155 217
Citrus County Citrus Multifamily 3 7 5 0 1 0 2 0 7 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, 19436 Citrus County households (30%) pay more than 30% of income for housing. By comparison, 42% of households statewide are cost-burdened.
  • 9609 households in Citrus County (15%) pay more than 50% of income for housing.

Households by Cost Burden, Citrus County, 2015

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Total 44781 9827 9609
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, Citrus County, 2015

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Owner 39318 7754 6032
Renter 5463 2073 3577
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 Citrus County and the surrounding metro area, the HUD-estimated median income for a family of four is $52300 in 2016.

Households by Income and Cost Burden, Citrus 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 680 631 4005
30.01-50% AMI 2343 1373 3095
50.01-80% AMI 6068 2698 1512
80.01+% AMI 35690 5125 997
Total 44781 9827 9609
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Elderly Households

  • 30231 households in Citrus County (47.1%) are headed by a person age 65 or older in 2015. In comparison, 29.6% of households statewide are headed by elderly persons.
  • 27364 of elderly households in Citrus (90.5%) own their homes.
  • 7919 elderly households (26%) pay more than 30% of income for rent or mortgage costs.

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

Age of Householder Amount of Income Paid for Housing
0-30% 30-49.9%50+ %
65 or more 22312 4127 3792
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 Citrus County was 1694 square feet.

Year Structure Built, Citrus 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
Citrus County 17700 16072 21534 14250 4923 2266 511 619 77875 22.7 20.6 27.7 18.3 6.3 4.4
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), Citrus 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 (%)
Citrus County 887 1.5 414 0.7 2166 2.8 1497 1.9
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