Groveland, Florida
Lake County Real Estate - Groveland
Groveland is in East Central Florida. It's population as recorded in the 2010 Census was 8,729. Groveland is approximately 29 miles from Orlando (population 238,300) and around 27 miles from The Villages (population 51,442).
The median age for residents of Groveland is 33.9. Around 47.5% of Groveland households include school aged children and 22.1% of households include individuals aged 65 years or over. Census records indicate 65.6% of the Groveland population are White, 17% are Black or African American, 1% American Indian, 2.5% Asian and 4.2% are Two or more Races. Groveland has a significant Hispanic population. 25.9% (2,263) of Groveland residents are of Hispanic or Latino origin. Of these 34.9% are of Mexican origin, 33.53% Puerto Rican, 5.92% Cuban and 25.62% are of other Hispanic or Latino origin.
There are 3,369 housing units in Groveland. 506 (15%) of these were reported as vacant in the 2010 Census. There are 710 residential rental units in Groveland. 621 of them were occupied in 2010 providing a residential rental vacancy rate of 12%.
Groveland links:
Groveland is located in Lake County. It has a population of approximately 8,729 people. The population increased 5.2% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 2.1% for Lake County and a 1.7% increase for the country as a whole. Groveland occupies 14.98 of the 938.38 square miles in Lake County. It had a population density of 582.6 persons per square mile in 2010. This compared to 316.6 for the county, 350.6 for Florida and 87.4 for the country.
2.3% ( 3,369) of the 145,303 housing units in Lake County are in Groveland (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Groveland has a 78.9% homeownership rate compared to Lake County's 77.7% homeownership rate and Florida's rate of 69.0%.
Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
United States | 313,914,040 | $14,025,202 | 1.7% | $52,762 | 132,312,404 | $186,200 |
Florida | 18,801,310 | $630,738 | 2.7% | $47,827 | 9,026,965 | $188,600 |
Lake County | 297,052 | $5,430 | 2.1% | $47,509 | 145,303 | $167,900 |
Groveland | 8,729 | $59 | 5.2% | $53,178 | 3,369 | $184,900 |
Groveland's medium household income in 2011 was $53,178. Lake County's medium household income was $47,509, which is lower than the medium income for Florida as a whole: $47,827. 12.8% of the population in Groveland lives below the poverty line, compared to 14.7% in Florida, 11.4% of the population in Lake County and 14.3% nationwide. Additional Information:
Groveland Economic Activity
The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Groveland. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.
At $59 million, Groveland's economic activity represents 1.09% of Lake County's $5,430MM in economic activity. Lake County represents 0.86% of the Florida economy.
Activity | Value (Millions) | Percentage |
---|---|---|
Manufacturers shipments | $0 | 0.0% |
Merchant wholesaler sales | $0 | 0.0% |
Retail sales | $55 | 92.7% |
Accommodation and food services sales | $4 | 7.3% |
Total | $59 | 100% |
Lake County Regional Comparisons
City | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
Clermont | 28,742 | $819 | 2.3% | $56,291 | 12,730 | $213,000 |
Eustis | 18,558 | $272 | 1.8% | $45,170 | 8,871 | $158,800 |
Groveland | 8,729 | $59 | 5.2% | $53,178 | 3,369 | $184,900 |
Lady Lake | 13,926 | $351 | 1.2% | $35,625 | 8,865 | $131,400 |
Leesburg | 20,117 | $1,058 | 2.1% | $36,061 | 10,625 | $133,000 |
Mascotte | 5,101 | $10 | 1.6% | $50,729 | 1,737 | $124,400 |
Mount Dora | 12,370 | $495 | 3.9% | $45,104 | 6,942 | $215,400 |
Tavares | 13,951 | $136 | 2.1% | $39,395 | 7,598 | $139,200 |
Lake County is located in East Central Florida. This region is responsible for 17.0% of Florida's economic activity. Lake County represents 5.1% of the region's economy.
Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
Brevard County | 543,376 | $16,070 | 0.7% | $50,068 | 270,512 | $171,200 |
Osceola County | 268,685 | $7,448 | 7.0% | $46,479 | 129,830 | $170,200 |
Orange County | 1,145,956 | $53,843 | 4.9% | $49,731 | 492,209 | $211,100 |
Seminole County | 422,718 | $12,124 | 1.9% | $58,908 | 182,625 | $225,500 |
Lake County | 297,052 | $5,430 | 2.1% | $47,509 | 145,303 | $167,900 |
Volusia County | 494,593 | $10,951 | 0.5% | $44,169 | 254,981 | $172,100 |
Sumter County | 93,420 | $1,120 | 8.8% | $44,817 | 55,988 | $186,800 |
Total | 3,369,551 | $106,985 | 3.7% | $48,812 | 1,531,448 | $186,400 |
Groveland Real Estate
There are 6,522 properties in Groveland. The following table shows a summary of them based on 2014 sales data.
Usage Type | Property Count | % | Sales Count | Median Price | Median Price/Ft | Sales From | To |
---|---|---|---|---|---|---|---|
Agricultural | 676 | 10.36 | 16 | $236,650 | $119 | February 1st, 2014 | August 1st, 2014 |
Commercial Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
Government Property | 109 | 1.67 | 0 | n/a | n/a | n/a | n/a |
Hotel & Motel | 2 | 0.03 | 1 | $1,590,000 | $37 | January 1st, 2014 | January 1st, 2014 |
Industrial | 70 | 1.07 | 0 | n/a | n/a | n/a | n/a |
Miscellaneous Property | 7 | 0.11 | 0 | n/a | n/a | n/a | n/a |
Mobile/Manufactured | 701 | 10.75 | 28 | $75,750 | $54 | January 1st, 2014 | August 1st, 2014 |
Multifamily | 38 | 0.58 | 1 | $9,700 | $2 | May 1st, 2014 | May 1st, 2014 |
Office | 34 | 0.52 | 0 | n/a | n/a | n/a | n/a |
Residential | 4,747 | 72.78 | 292 | $140,000 | $77 | January 1st, 2014 | September 1st, 2014 |
Residential Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
Retail | 89 | 1.36 | 3 | $2,094,400 | $227 | January 1st, 2014 | February 1st, 2014 |
Special Purpose | 45 | 0.69 | 0 | n/a | n/a | n/a | n/a |
Sports & Entertaining | 4 | 0.06 | 0 | n/a | n/a | n/a | n/a |
Agricultural Real Estate in Groveland, Florida
676( 10.36%) of the properties in Groveland are classified as Agricultural. 16 of them sold between February 1st, 2014 and August 1st, 2014. The total value of these sales was $4,751,700. The median sales price was $236,650. In 2014 the median sales price for Agricultural in Groveland was $119 per sq ft.
Commercial Real Estate in Groveland, Florida
0( .00%) of the properties in Groveland are classified as Commercial.
Government Real Estate in Groveland, Florida
109( 1.67%) of the properties in Groveland are classified as Government.
Hotel & Motel Real Estate in Groveland, Florida
2( .03%) of the properties in Groveland are classified as Hotel & Motel. 1 of them sold between January 1st, 2014 and January 1st, 2014. The total value of these sales was $1,590,000. The median sales price was $1,590,000. In 2014 the median sales price for Hotel & Motel in Groveland was $37 per sq ft.
Industrial Real Estate in Groveland, Florida
70( 1.07%) of the properties in Groveland are classified as Industrial.
Miscellaneous Real Estate in Groveland, Florida
7( .11%) of the properties in Groveland are classified as Miscellaneous.
Mobile/Manufactured Real Estate in Groveland, Florida
701( 10.75%) of the properties in Groveland are classified as Mobile/Manufactured. 28 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $2,771,800. The median sales price was $75,750. In 2014 the median sales price for A Class Mobile/Manufactured in Groveland was $90 per sq ft, B Class properties sold for $54/ft and C Class $41/ft.
Multifamily Real Estate in Groveland, Florida
38( .58%) of the properties in Groveland are classified as Multifamily. 1 of them sold between May 1st, 2014 and May 1st, 2014. The total value of these sales was $9,700. The median sales price was $9,700. In 2014 the median sales price for Multifamily in Groveland was $2 per sq ft.
Office Real Estate in Groveland, Florida
34( .52%) of the properties in Groveland are classified as Office.
Residential Real Estate in Groveland, Florida
4,747( 72.78%) of the properties in Groveland are classified as Residential. 292 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $80,386,100. The median sales price was $140,000. In 2014 the median sales price for A Class Residential in Groveland was $111 per sq ft, B Class properties sold for $77/ft and C Class $36/ft.
Residential Real Estate in Groveland, Florida
0( .00%) of the properties in Groveland are classified as Residential.
Retail Real Estate in Groveland, Florida
89( 1.36%) of the properties in Groveland are classified as Retail. 3 of them sold between January 1st, 2014 and February 1st, 2014. The total value of these sales was $4,246,400. The median sales price was $2,094,400. In 2014 the median sales price for Retail in Groveland was $227 per sq ft.
Special Purpose Real Estate in Groveland, Florida
45( .69%) of the properties in Groveland are classified as Special Purpose.
Sports & Entertaining Real Estate in Groveland, Florida
4( .06%) of the properties in Groveland are classified as Sports & Entertaining.
Groveland, Lake County Market Data
Property Usage | Property Count | Total Sq Ft |
---|---|---|
Agricultural | 603 | 916,184 |
Government Property | 110 | 88,497 |
Hotel & Motel | 3 | 54,591 |
Industrial | 68 | 3,227,111 |
Land | 1,639 | 52,992 |
Miscellaneous Property | 4 | 0 |
Mobile/Manufactured | 677 | 907,869 |
Multifamily | 36 | 122,835 |
Office | 31 | 104,937 |
Residential | 5,436 | 8,973,457 |
Retail | 77 | 550,020 |
Special Purpose | 55 | 293,873 |
Sports & Entertaining | 4 | 33,546 |
Groveland Median Property Values per Sq Ft
Property Class | Class A | Class B | Class C | ||||
---|---|---|---|---|---|---|---|
Usage | Year | Sale | Lease | Sale | Lease | Sale | Lease |
Camp | 2016 | $229 | $37 | $98 | $17 | $50 | $7 |
Airport (private or commercial), bus terminal, marine terminal, pier or marina. | 2016 | $229 | $12 | $98 | $9 | $50 | $6 |
Auto sales, auto repair and storage or auto service shop | 2016 | $229 | $17 | $98 | $10 | $50 | $7 |
Church | 2016 | $344 | $12 | $150 | $9 | $80 | $6 |
Club, lodge or union hall | 2016 | $344 | $12 | $150 | $9 | $80 | $6 |
Community Shopping Center | 2016 | $352 | $17 | $117 | $10 | $49 | $7 |
Condominium | 2016 | $96 | $16 | $48 | $16 | $27 | $16 |
County Owned | 2016 | $344 | $30 | $150 | $15 | $80 | $7 |
Cropland soil capability Class III | 2016 | $130 | $16 | $43 | $12 | $21 | $8 |
Department Store | 2016 | $352 | $17 | $117 | $10 | $49 | $7 |
Drive-in Restaurant | 2016 | $229 | $17 | $98 | $10 | $50 | $7 |
Federal Owned | 2016 | $344 | $30 | $150 | $15 | $80 | $7 |
Financial institution (bank, saving and loan company, mortgage company, credit services) | 2016 | $229 | $17 | $98 | $10 | $50 | $7 |
Golf course or driving range | 2016 | $229 | $37 | $98 | $17 | $50 | $7 |
Government Undefined | 2016 | $344 | $30 | $150 | $15 | $80 | $7 |
Grazing land soil capability Class I | 2016 | $130 | $16 | $43 | $12 | $21 | $8 |
Grazing land soil capability Class III | 2016 | $344 | $16 | $150 | $12 | $80 | $8 |
Grazing land soil capability Class IV | 2016 | $344 | $16 | $150 | $12 | $80 | $8 |
Grazing land soil capability Class V | 2016 | $344 | $16 | $150 | $12 | $80 | $8 |
Grazing land soil capability Class VI | 2016 | $344 | $16 | $150 | $12 | $80 | $8 |
Hotel or motel | 2016 | $229 | $33 | $98 | $33 | $50 | $33 |
Improved agricultural | 2016 | $130 | $16 | $43 | $12 | $21 | $8 |
Light manufacturing | 2016 | $130 | $8 | $43 | $5 | $21 | $3 |
Mixed use - store and office or store and residential or residential combination | 2016 | $352 | $17 | $117 | $10 | $49 | $7 |
Mobile Home | 2016 | $96 | $6 | $48 | $6 | $27 | $6 |
Mortuary, cemetery or crematorium | 2016 | $344 | $12 | $150 | $9 | $80 | $6 |
Multi-family - 10 units or more | 2016 | $96 | $10 | $48 | $8 | $27 | $6 |
Multi-family - less than 10 units | 2016 | $96 | $10 | $48 | $8 | $27 | $6 |
Municipal Owned | 2016 | $344 | $30 | $150 | $15 | $80 | $7 |
Nightclub, cocktail lounge or bar | 2016 | $229 | $37 | $98 | $17 | $50 | $7 |
Office building, non-professional service building, one story | 2016 | $229 | $15 | $98 | $12 | $50 | $9 |
Open storage (building supplies, auto wrecking, fuel, equipment or material storage) | 2016 | $130 | $8 | $43 | $5 | $21 | $3 |
Orchard Groves, Citrus, etc. | 2016 | $344 | $16 | $150 | $12 | $80 | $8 |
Ornamentals, miscellaneous agricultural | 2016 | $344 | $16 | $150 | $12 | $80 | $8 |
Orphanage, other non-profit or charitable services | 2016 | $344 | $12 | $150 | $9 | $80 | $6 |
Poultry, bees, tropical fish, rabbits, etc. | 2016 | $344 | $16 | $150 | $12 | $80 | $8 |
Private school or college | 2016 | $344 | $12 | $150 | $9 | $80 | $6 |
Professional service building | 2016 | $229 | $15 | $98 | $12 | $50 | $9 |
Public county school | 2016 | $344 | $30 | $150 | $15 | $80 | $7 |
Repair service shop (excluding automotive) | 2016 | $229 | $17 | $98 | $10 | $50 | $7 |
Restaurant, cafeteria | 2016 | $229 | $17 | $98 | $10 | $50 | $7 |
Service station | 2016 | $229 | $17 | $98 | $10 | $50 | $7 |
Single Family | 2016 | $130 | $16 | $93 | $16 | $67 | $16 |
State Owned | 2016 | $344 | $30 | $150 | $15 | $80 | $7 |
Store, one story | 2016 | $352 | $17 | $117 | $10 | $49 | $7 |
Timberland - site index 60 to 69 | 2016 | $130 | $16 | $43 | $12 | $21 | $8 |
Timberland - site index 70 to 79 | 2016 | $130 | $16 | $43 | $12 | $21 | $8 |
Timberland - site index 90 and above | 2016 | $130 | $16 | $43 | $12 | $21 | $8 |
Undefined - Reserved for Use by Department of Revenue | 2016 | $96 | $16 | $48 | $16 | $27 | $16 |
Utility | 2016 | $344 | $42 | $150 | $15 | $80 | $6 |
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 2016 | $130 | $8 | $43 | $5 | $21 | $3 |
Wholesale outlet, produce house or manufacturing outlet | 2016 | $229 | $17 | $98 | $10 | $50 | $7 |
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