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Housing Profile
Charlotte County, Florida
- Population, 2016: 170450. Charlotte County ranks # 29 of Florida's 67 counties in population.
- Homeownership Rate, 2016: 80.2%. Statewide, Florida's homeownership rate is
67.8%.
Population Projections
- In 2040, Charlotte County is projected to have a population of
215598, ranking it # 30 of Florida's 67 counties.
Projected Total Population, Charlotte County, 2010-2040
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| Place | 2010 | 2016 | 2020 | 2025 | 2030 | 2035 | 2040 |
| Charlotte County |
159978 |
170450 |
180099 |
190999 |
200401 |
208399 |
215598 |
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: $177036. (Statewide, the average just value of a
single family home in Florida in 2016 was $219681).
- Mobile Home, average just value, 2016: $60738.
- Condominium, average just value, 2016: $162953.
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Home Sales Prices
- The average sales price for a single family home was $224556 in 2016.
The median sales price that year was $186500, 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, Charlotte County, 1996-2016
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| Place | Housing Type | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| Charlotte County |
Single Family Homes |
78000 |
85000 |
87000 |
88900 |
97000 |
107000 |
122000 |
138600 |
167000 |
225000 |
215900 |
209450 |
156950 |
130000 |
110600 |
110000 |
119000 |
141000 |
150000 |
172450 |
186500 |
| Charlotte County |
Condominiums |
73000 |
76250 |
70500 |
76500 |
74500 |
76350 |
88000 |
109900 |
143950 |
199000 |
235000 |
288250 |
153000 |
124900 |
119700 |
90000 |
109900 |
113000 |
115000 |
132000 |
140500 |
Notes: Not applicable
Sources: Florida Department of Revenue, Sales Data Files
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Median Gross Rent, Charlotte County, Florida, 2011-2015 American Community Survey
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| Place | Median Gross Rent | State Median Gross Rent |
| Charlotte County, Florida |
886 |
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 Charlotte County and the surrounding metro area, the
HUD Fair Market Rent in 2017, representing rent for
a typical modest apartment, was $630 for a studio
apartment, $661 for a one-bedroom, $878 for a two-bedroom, $1227 for a
three-bedroom, and $1488 for a four-bedroom unit.
Source: U.S. Department of Housing and Urban Development, 2016 Fair Market Rents
Households by Monthly Rent Paid, Charlotte 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 |
| Charlotte County |
175 |
302 |
451 |
3678 |
4613 |
3731 |
1068 |
230 |
139 |
64 |
34 |
1352 |
15837 |
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 18 licensed manufactured housing parks in Charlotte with 2542 lots in 2012.
- There are 423 licensed condominium developments in Charlotte with 13666 units in 2012.
Of these, 19 properties with 300 units were converted from rental to condo.
Source: Florida Department of Business and Professional Regulation
Home Purchase Loans by Property Type, Charlotte County County, 2005-2015
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Application Count |
| Place | County | Property Type | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Charlotte County County |
Charlotte County |
One to four-family (other than manufactured housing) |
6685 |
5467 |
3344 |
1633 |
1492 |
1350 |
1410 |
1322 |
1521 |
1747 |
2350 |
| Charlotte County County |
Charlotte County |
Manufactured housing |
203 |
112 |
75 |
38 |
15 |
18 |
21 |
20 |
25 |
31 |
35 |
| Charlotte County County |
Charlotte County |
Multifamily |
4 |
5 |
0 |
6 |
0 |
0 |
0 |
3 |
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
- The Punta Gorda MSA had a foreclosure rate for 1-4 unit homes of 8.78% and a serious delinquency (90+ day) rate of 3.6%
in September 2013.
Source: Analysis of LPI Applied Analytics data by LISC, tabulated by the Urban Institute
Affordable Housing Needs
Cost Burden, General
- "Cost-burdened" households pay more than 30% of income for rent or mortgage costs. In 2016, 28775 Charlotte County households (36%) pay more than 30% of income for housing. By comparison, 42% of households statewide are cost-burdened.
- 14218 households in Charlotte County (18%) pay more than 50% of income for housing.
Households by Cost Burden, Charlotte County, 2016
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Amount of Income Paid for Housing |
| 0-30% | 30-50% | 50% or more |
| Total |
50293 |
14557 |
14218 |
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, Charlotte County, 2016
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Amount of Income Paid for Housing |
| 0-30% | 30-50% | 50% or more |
| Owner |
42750 |
10875 |
9761 |
| Renter |
7543 |
3682 |
4457 |
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 Charlotte County and the surrounding metro
area, the HUD-estimated median income for a family of four is
$54500 in 2017.
Households by Income and Cost Burden, Charlotte 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 |
772 |
607 |
5671 |
| 30.01-50% AMI |
2297 |
2158 |
3572 |
| 50.01-80% AMI |
5979 |
4771 |
3086 |
| 80.01+% AMI |
41245 |
7021 |
1889 |
| Total |
50293 |
14557 |
14218 |
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
- 39367 households in Charlotte County (49.8%) are headed by a person age 65 or older in 2016. In comparison, 30.1% of households statewide are headed by elderly persons.
- 35103 of elderly households in Charlotte (89.2%) own their homes.
- 12307 elderly households (31%) pay more than 30% of income for rent or mortgage costs.
Elderly Households by Age and Cost Burden, Charlotte County, 2016
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| Age of Householder |
Amount of Income Paid for Housing |
| 0-30% | 30-49.9% | 50+ % |
| 65 or more |
27060 |
6560 |
5747 |
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 Charlotte County was 1727 square feet.
Year Structure Built, Charlotte 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 |
| Charlotte County |
757 |
25569 |
17621 |
29850 |
15885 |
7573 |
3225 |
195 |
520 |
101195 |
0.7 |
25.3 |
17.4 |
29.5 |
15.7 |
7.5 |
3.9 |
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), Charlotte 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 (%) |
| Charlotte County |
963 |
1.3 |
1015 |
1.4 |
1295 |
1.3 |
426 |
0.4 |
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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