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 
12459 Ne 52nd Loop Single Family 1,759 L
12446 Ne 52nd Loop Single Family 1,603 L
12450 Ne 52nd Loop Single Family 1,561 L
12442 Ne 52nd Loop Single Family 1,603 L
5159 Ne 124th Place Single Family 1,672 L
12438 Ne 52nd Loop Single Family 1,561 L
12434 Ne 52nd Loop Single Family 1,453 L
5155 Ne 124th Pl Single Family 1,625 L
12430 Ne 52nd Loop Single Family 1,321 L
5151 Ne 124th Pl Single Family 1,310 L
12395 Ne 51st Ter Single Family 1,561 L
12399 Ne 51st Ter Single Family 1,492 L
12391 Ne 51st Ter Single Family 1,267 L
5170 Ne 124th Pl Vacant Residential 2,159 L
5174 Ne 124th Pl Single Family 1,594 L
5166 Ne 124th Pl Single Family 2,284 L
12387 Ne 51st Ter Single Family 1,303 L
12426 Ne 52nd Loop Single Family 2,024 L
5162 Ne 124th Place Single Family 2,194 L
5147 Ne 124th Pl Single Family 1,945 L
3568 Idlewood Loop Single Family 1,746 L
3564 Idlewood Loop Single Family 1,746 L
12422 Ne 52nd Loop Single Family 2,313 L
3572 Idlewood Loop Single Family 1,746 L
3560 Idlewood Loop Single Family 1,895 L
3576 Idlewood Loop Single Family 1,746 L
12375 Ne 51st Terr Single Family 2,194 L
12418 Ne 52nd Loop Single Family 2,191 L
3556 Idlewood Loop Single Family 1,895 L
12451 Ne 52nd Loop Vacant Residential 1,599 L
5150 Ne 124th Pl Single Family 1,623 L
12371 Ne 51st Terr Single Family 1,964 L
3580 Idlewood Loop Single Family 1,498 L
3552 Idlewood Loop Single Family 1,746 L
5141 Ne 124th Pl Single Family 1,871 L
5146 Ne 124th Place Single Family 1,588 L
12396 Ne 51st Ter Single Family 1,623 L
12367 Ne 51st Terrace Single Family 2,194 L
12400 Ne 51st Terr Single Family 2,242 L
12392 Ne 51st Ter Single Family 2,194 L
12388 Ne 51st Ter Single Family 1,306 L
3548 Idlewood Loop Single Family 1,746 L
3584 Idlewood Loop Single Family 2,067 L
12363 Ne 51st Ter Single Family 1,405 L
5137 Ne 124th Pl Single Family 1,608 L
3569 Idlewood Loop Single Family 1,391 L
3565 Idlewood Loop Single Family 1,529 L
3573 Idlewood Loop Single Family 1,498 L
3561 Idlewood Loop Single Family 1,391 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 93 of all properties in this area. This suggests it would appeal to someone earning around $138,873 per year who should qualify for a mortgage between $277,746 and $347,183.

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 93 of all properties in this area. This corresponds to a rent of $1,371 per month and a monthly household income of $4,486 ($53,832 per year)

Nearby Companies

Hummell'S Painting LLC
5162 Ne 124th Pl
Dlh LLC
5162 Ne 124th Pl
Disclaimers and Disclosures

Public Records Data

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