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 
738 Angelita Ave Single Family 1,423 L
36200 Grays Airport Rd Single Family 1,030 L
744 Angelita Ave Single Family 1,289 L
736 Angelita Ave Single Family 1,409 L
1506 Yucatan Way Single Family 1,748 L
1504 Yucatan Way Single Family 1,737 L
731 Dumas St Single Family 1,409 L
746 Angelita Ave Single Family 1,409 L
1508 Yucatan Way Single Family 1,602 L
734 Villita Ln Single Family 1,376 L
734 Angelita Ave Single Family 1,393 L
729 Dumas St Single Family 1,409 L
732 Villita Ln Single Family 1,409 L
748 Angelita Ave Single Family 1,431 L
1510 Yucatan Way Single Family 1,602 L
1502 Yucatan Way Single Family 2,288 L
741 Villita Ln Single Family 1,409 L
732 Angelita Ave Single Family 1,431 L
727 Dumas St Single Family 1,398 L
730 Villita Ln Single Family 1,409 L
730 Angelita Ave Single Family 1,394 L
739 Villita Ln Single Family 1,409 L
1512 Yucatan Way Single Family 1,625 L
728 Dumas St Single Family 1,401 L
725 Dumas St Single Family 1,409 L
737 Villita Ln Single Family 1,409 L
728 Villita Ln Single Family 1,409 L
1501 Yucatan Way Single Family 1,802 L
726 Dumas St Single Family 1,409 L
1507 Yucatan Way Single Family 1,746 L
1505 Yucatan Way Single Family 1,501 L
735 Villita Ln Single Family 1,409 L
723 Dumas St Single Family 1,409 L
1514 Yucatan Way Single Family 1,642 L
1503 Armadillo Pl Single Family 1,881 L
1509 Yucatan Way Single Family 1,721 L
726 Villita Ln Single Family 1,376 L
724 Dumas St Single Family 1,431 L
1503 Yucatan Way Single Family 1,543 L
1501 Armadillo Pl Single Family 1,541 L
733 Villita Ln Single Family 1,409 L
721 Dumas St Single Family 1,401 L
722 Dumas St Single Family 1,409 L
724 Villita Ln Single Family 1,409 L
1511 Yucatan Way Single Family 1,633 L
731 Villita Ln Single Family 1,376 L
1516 Yucatan Way Single Family 1,923 L
719 Dumas St Single Family 1,085 L
1606 San Diego St Single Family 1,316 L

Local Household Income

The median household income in this part of Florida is $54,508. The bottom 10% of the population earn less than $19,472 per year. The top 10% earn more than $126,999 per year. The top 1% earn more than $446,344 per year. Most renters earn between $26,532 (20th percentile) and $49,788 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $109,016 and $136,270.

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 $58,337 per year who should qualify for a mortgage between $116,674 and $145,843.

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 $890. Most renters earn between $2,211 and $4,149 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $655 (20th percentile) to $1,270 (80th percentile) range. The residential vacancy rate is 11%.

This property falls in percentile 54 of all properties in this area. This corresponds to a rent of $933 per month and a monthly household income of $3,021 ($36,252 per year)

Nearby Companies

Disclaimers and Disclosures

Public Records Data

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