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Housing Profile
Suwannee County, Florida
- Population, 2016: 44349. Suwannee County ranks # 44 of Florida's 67 counties in population.
- Homeownership Rate, 2016: 75.5%. Statewide, Florida's homeownership rate is
67.8%.
Population Projections
- In 2040, Suwannee County is projected to have a population of
51801, ranking it # 44 of Florida's 67 counties.
Projected Total Population, Suwannee County, 2010-2040
|
| Place | 2010 | 2016 | 2020 | 2025 | 2030 | 2035 | 2040 |
| Suwannee County |
41551 |
44349 |
45999 |
47800 |
49298 |
50598 |
51801 |
Notes: Not Available.
Sources: University of Florida Bureau of Economic and Business Research, Population Projections; U.S. Census Bureau, 2010 Decennial Census.
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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
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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 | 2015 | 2016 |
| 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
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Median Gross Rent, Suwannee County, Florida, 2011-2015 American Community Survey
|
| Place | Median Gross Rent | State Median Gross Rent |
| Suwannee County, Florida |
677 |
1002 |
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, 2011-2015 American Community Survey 5-Year Summary File
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- In Suwannee County and the surrounding metro area, the
HUD Fair Market Rent in 2017, representing rent for
a typical modest apartment, was $532 for a studio
apartment, $542 for a one-bedroom, $652 for a two-bedroom, $903 for a
three-bedroom, and $1060 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, 2011-2015
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| Place | <$200 | $200-$299 | $300-$499 | $500-$749 | $750-$999 | $1,000-$1,499 | $1,500-$1,999 | $2,000-$2,499 | $2,500-$2,999 | $3,000-$3,499 | $3,500 or More | No Cash Rent | Total |
| Suwannee County |
128 |
53 |
886 |
1215 |
1116 |
416 |
0 |
35 |
0 |
0 |
0 |
1048 |
4897 |
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, 2011-2015 American Community Survey 5-Year Summary File
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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, 2005-2015
|
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Application Count |
| Place | County | Property Type | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Suwannee County |
Suwannee |
One to four-family (other than manufactured housing) |
256 |
256 |
213 |
125 |
88 |
81 |
81 |
118 |
122 |
181 |
189 |
| Suwannee County |
Suwannee |
Manufactured housing |
144 |
137 |
184 |
121 |
94 |
107 |
57 |
85 |
106 |
86 |
122 |
| Suwannee County |
Suwannee |
Multifamily |
0 |
0 |
0 |
0 |
2 |
0 |
0 |
2 |
0 |
0 |
2 |
Notes: Shows loan applications resulting in loan origination only. For more information, see HMDA User Guide
Sources: Home Mortgage Disclosure Act data 2005-2015
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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 2016, 4868 Suwannee County households (28%) pay more than 30% of income for housing. By comparison, 42% of households statewide are cost-burdened.
- 2404 households in Suwannee County (14%) pay more than 50% of income for housing.
Households by Cost Burden, Suwannee County, 2016
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|
Amount of Income Paid for Housing |
| 0-30% | 30-50% | 50% or more |
| Total |
12256 |
2464 |
2404 |
Notes: Click here to get household projections by tenure,
age of householder, income, and cost burden.
Sources: Not Available.
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Homeowners and Renters
Households by Homeowner/Renter Status and Cost Burden, Suwannee County, 2016
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|
Amount of Income Paid for Housing |
| 0-30% | 30-50% | 50% or more |
| Owner |
9931 |
1484 |
1511 |
| Renter |
2325 |
980 |
893 |
Notes: Click here to get household projections by tenure,
age of householder, income, and cost burden.
Sources: Not Available.
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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
$47100 in 2017.
Households by Income and Cost Burden, Suwannee County, 2016
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| Household Income as Percentage of Area Median Income |
Amount of Income Paid for Housing |
| 0-30% | 30-50% | 50% or more |
| <=30% AMI |
419 |
68 |
1191 |
| 30.01-50% AMI |
870 |
740 |
530 |
| 50.01-80% AMI |
2117 |
825 |
362 |
| 80.01+% AMI |
8850 |
831 |
321 |
| Total |
12256 |
2464 |
2404 |
Notes: Click here to get household projections by tenure,
age of householder, income, and cost burden.
Sources: Not Available.
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Elderly Households
- 5877 households in Suwannee County (34.3%) are headed by a person age 65 or older in 2016. In comparison, 30.1% of households statewide are headed by elderly persons.
- 4926 of elderly households in Suwannee (83.8%) own their homes.
- 1431 elderly households (24%) pay more than 30% of income for rent or mortgage costs.
Elderly Households by Age and Cost Burden, Suwannee County, 2016
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| Age of Householder |
Amount of Income Paid for Housing |
| 0-30% | 30-49.9% | 50+ % |
| 65 or more |
4446 |
714 |
717 |
Notes: Click here to get household projections by tenure,
age of householder, income, and cost burden.
Sources: Not Available.
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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, 2011-2015 American Community Survey
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| Place |
Number |
Share by Decade |
| 2010 or After | 2000-2009 | 1990-1999 | 1980-1989 | 1970-1979 | 1960-1969 | 1950-1959 | 1940-1949 | 1939 or Earlier | Total | 2010 or After | 2000-2009 | 1990-1999 | 1980-1989 | 1970-1979 | 1960-1969 | 1959 or Earlier |
| Suwannee County |
431 |
3912 |
4756 |
3931 |
2873 |
1243 |
611 |
486 |
684 |
18927 |
2.3 |
20.7 |
25.1 |
20.8 |
15.2 |
6.6 |
9.4 |
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, 2011-2015 American Community Survey 5-Year Summary File
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Housing Condition Characteristics (Occupied Units), Suwannee County, 2011-2015 American Community Survey
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| 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 Facilities | Share of Occupied Units (%) |
| Suwannee County |
481 |
3.1 |
150 |
1.0 |
976 |
5.2 |
838 |
4.4 |
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, 2011-2015 American Community Survey 5-Year Summary File
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