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Housing Profile
Citrus County, Florida
- Population, 2007: 140120. Citrus County ranks # 32 of Florida's 67 counties in population.
- Homeownership Rate, 2007: 86.2%. Statewide, Florida's homeownership rate is
70.4%.
Population Projections
- In 2030, Citrus County is projected to have a population of
192900, ranking it # 33 of Florida's 67 counties.
Projected Total Population, Citrus County, 2007-2030
Housing Market
Existing Home Values (Based on County Property Appraisers' Just Value)
- Single Family Home, average just value, 2008: $153799. (Statewide, the average just value of a
single family home in Florida in 2008 was $248425).
- Mobile Home, average just value, 2008: $59423.
- Condominium, average just value, 2008: $120721.
* -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 $190039 in 2007.
The median sales price that year was $163000, 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, Citrus County, 1996-2007
| Place | Housing Type | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 |
| Citrus County | Condominiums | 56000 |
55000 |
58000 |
59700 |
64900 |
67000 |
75000 |
86000 |
101200 |
132450 |
150000 |
130000 |
| Citrus County | Single Family Homes | 60000 |
60000 |
67500 |
70000 |
74500 |
77500 |
85050 |
95000 |
115000 |
149900 |
170000 |
163000 |
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.
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Rents
- The median rent paid by Citrus County households in 2000 was $478 per month, compared to a statewide median rent of $641.
- In Citrus County and the surrounding metro area, the
HUD Fair Market Rent in 2009, representing rent for
a typical modest apartment, was $552 for a studio
apartment, $600 for a one-bedroom, $664 for a two-bedroom, $963 for a
three-bedroom, and $1159 for a four-bedroom unit.
Households by Monthly Rent Paid, Citrus 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 |
| Citrus County | 713 | 241 |
375 |
3140 |
2304 |
514 |
169 |
81 |
Affordable Housing Needs
Cost Burden, General
- "Cost-burdened" households pay more than 30% of income for rent or mortgage costs. In 2007, 14711 Citrus County households (23%) pay more than 30% of income for housing. By comparison, 0% of households statewide are cost-burdened.
- 6308 households in Citrus County (10%) pay more than 50% of income for housing.
Households by Cost Burden, Citrus County, 2007
** 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.
Homeowners and Renters
Households by Homeowner/Renter Status and Cost Burden, Citrus County, 2007
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
$46200 in 2008.
Households by Income and Cost Burden, Citrus 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 | 1817 | 642 |
2517 |
| 30.01-50% AMI | 3139 | 1828 |
2056 |
| 50.01-80% AMI | 7704 | 2735 |
1208 |
| 80.01+% AMI | 35963 | 3198 |
527 |
| Total | 48623 | 8403 |
6308 |
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.
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** 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
- 28136 households in Citrus County (44.4%) are headed by a person age 65 or older in 2007. In comparison, 27.3% of households statewide are headed by elderly persons.
- 52578 of elderly households in Citrus County (93.5%) own their homes.
- 5326 elderly households (19%) pay more than 30% of income for rent or mortgage costs.
Elderly Households by Age and Cost Burden, Citrus County, 2007
** 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
- 47146 households in Citrus County (74%) are made up of 1-2 persons in 2007. 23% of these households pay more than 30% of income for rent or mortgage costs.
- 12724 households in Citrus County (20%%) are made up of 3-4 persons in 2007. 23% of these households pay more than 30% of income for rent or mortgage costs.
- 3470 households in Citrus County (5%%) are made up of 5 persons or more in 2007. 23% of these households pay more than 30% of income for rent or mortgage costs.
Households by Size and Cost Burden, Citrus County, 2007
** 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, 6782 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, Citrus County, 2000
| Amount of Income Paid for Housing |
| 0-29.9% | 30-49.9% | 50+ % |
| 3115 | 1508 |
2159 |
Single Family Home Size and Age
- In 2008, the median size for a new single-family home in Citrus County was 2359 square feet.
Year Structure Built, Citrus County, 2000
| 1939 and earlier | 1940s | 1950s | 1960s | 1970s | 1980s | 1990s | Place |
| 521 |
543 |
1863 |
4635 |
15276 |
22611 |
16755 |
Citrus 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,
- 787 housing units (1.5%
of all units) in Citrus County were overcrowded, meaning that they housed more than one person per room, compared to a statewide percentage of 6.5%.
- 257 units (0.5%) in Citrus County did not use home heating fuel, compared to a statewide percentage of 1.8%.
- 95 units (0.2%) in Citrus County lacked complete kitchen facilities, compared to a statewide percentage of 0.5%.
- 132 units (0.2%) in Citrus County lacked complete plumbing facilities, compared to a statewide percentage of 0.4%.
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