Sumter County Real Estate - The Villages

The Villages is in East Central Florida. It's population as recorded in the 2010 Census was 51,442.

The median age for residents of The Villages is 68.7. Around .2% of The Villages households include school aged children and 79.6% of households include individuals aged 65 years or over. Census records indicate 98.1% of the The Villages population are White, .6% are Black or African American, .1% American Indian, .6% Asian and .2% are Two or more Races.

There are 35,587 housing units in The Villages. 6,946 (19.5%) of these were reported as vacant in the 2010 Census. The Villages is a tourist destination, 65.6% (4,559) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 2,162 residential rental units in The Villages. 889 of them were occupied in 2010 providing a residential rental vacancy rate of 54.4%.

The Villages links:

Sumter County

Sumter County is located in East Central Florida, along with Brevard, Orange, Volusia, Seminole, Lake, and Osceola counties. Cities in Sumter County include Bushnell, Center Hill, Coleman, Webster, and Wildwood. The county is home to over 90,000.

The largest industries in Sumter County by employment are leisure & hospitality, trade & transportation, education & health services, and public administration. Sumter County major private employers are The Villages, T&D Concrete, Villages Regional Medical Center, Wal-Mart, and Sumter Electric Cooperative. Major public employers include Coleman Federal Prison, Sumter District Schools, Sumter Correctional Institute, Sumter County Government, and Lake Sumter Community College.

Known as "Hog County" for its large pig population, Sumter is historically a largely rural county. Sumter is number eighteen among Florida counties for number of cattle and calves. In the southern end of the county, near Webster, cucumbers, eggplants and peppers are grown for commercial sale. Near the unincorporated community of Oxford in the north, tomatoes and watermelons are the more popular crops.

The county is known to the Census Bureau as The Villages Micropolitan Statistical Area, named after the most populous census-designated place in Sumter County. The Villages is a large, planned retirement community that spans Sumter, Lake, and Marion Counties. The community in northeast Sumter County is home to over 50,000. In addition to the retirees, The Villages also contains subdivisions for workers and their families that includes a charter school. Over 95% of residents are white caucasians.

Neighboring Properties

AddressTypeSq FtClass 
817 Carnegie Ct Single Family 1,449 L
825 Carnegie Ct Single Family 1,449 L
813 Carnegie Ct Single Family 1,423 L
829 Carnegie Ct Single Family 1,423 L
809 Carnegie Ct Single Family 1,452 L
833 Carnegie Ct Single Family 1,663 L
818 Carnegie Ct Single Family 1,423 L
822 Carnegie Ct Single Family 1,423 L
814 Carnegie Ct Single Family 1,423 L
826 Carnegie Ct Single Family 1,452 L
810 Carnegie Ct Single Family 1,449 L
2209 Jasper Way Single Family 1,946 L
806 Carnegie Ct Single Family 1,671 L
817 Eaglemont Ave Single Family 1,449 L
821 Eaglemont Ave Single Family 1,423 L
2238 Braxton St Single Family 1,423 L
2242 Braxton St Single Family 1,449 L
2229 Bellamy Ln Single Family 1,661 L
813 Eaglemont Ave Single Family 1,235 L
2234 Braxton St Single Family 1,423 L
825 Eaglemont Ave Single Family 1,525 L
2208 Jasper Way Single Family 1,978 L
2246 Braxton St Single Family 1,423 L
2233 Bellamy Ln Single Family 1,449 L
2203 Jasper Way Single Family 1,878 L
809 Eaglemont Ave Single Family 1,423 L
2237 Bellamy Ln Single Family 1,423 L
2250 Braxton St Single Family 1,423 L
805 Eaglemont Ave Single Family 1,689 L
2241 Bellamy Ln Single Family 1,423 L
2254 Braxton St Single Family 1,423 L
2245 Bellamy Ln Single Family 1,423 L
2202 Jasper Way Single Family 1,746 L
2197 Jasper Way Single Family 1,832 L
2209 Bernard Ln Single Family 1,946 L
2258 Braxton St Single Family 1,449 L
2249 Bellamy Ln Single Family 1,423 L
2230 Lockwood Loop Single Family 2,018 L
2215 Bernard Ln Single Family 1,915 L
2234 Lockwood Loop Single Family 1,978 L
818 Eaglemont Ave Single Family 1,423 L
822 Eaglemont Ave Single Family 1,235 L
2196 Jasper Way Single Family 1,746 L
814 Eaglemont Ave Single Family 1,423 L
826 Eaglemont Ave Single Family 1,423 L
2253 Bellamy Ln Single Family 1,423 L
810 Eaglemont Ave Single Family 1,423 L
2238 Lockwood Loop Single Family 1,527 L
2191 Jasper Way Single Family 1,895 L

Local Household Income

The median household income in this part of Florida is $52,536. The bottom 10% of the population earn less than $19,404 per year. The top 10% earn more than $118,419 per year. The top 1% earn more than $306,813 per year. Most renters earn between $24,504 (20th percentile) and $42,492 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $105,072 and $131,340.

The tax assessed value of this property places it in percentile 54 of all properties in this area. This suggests it would appeal to someone earning around $55,980 per year who should qualify for a mortgage between $111,960 and $139,950.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $801. Most renters earn between $2,042 and $3,541 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $619 (20th percentile) to $1,098 (80th percentile) range. The residential vacancy rate is 10%.

This property falls in percentile 54 of all properties in this area. This corresponds to a rent of $840 per month and a monthly household income of $2,871 ($34,452 per year)

Disclaimers and Disclosures

Public Records Data

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