C/O Ann Fortner, Lake Butler

Union County Real Estate - Lake Butler

Lake Butler is in North Central Florida. It's population as recorded in the 2010 Census was 1,897. Lake Butler is approximately 26 miles from Gainesville (population 124,354) and around 38 miles from Fleming Island (population 27,126).

The median age for residents of Lake Butler is 34. Around 38% of Lake Butler households include school aged children and 21.5% of households include individuals aged 65 years or over. Census records indicate 69.9% of the Lake Butler population are White, 26.6% are Black or African American, .4% American Indian, .3% Asian and 1.6% are Two or more Races.

There are 838 housing units in Lake Butler. 91 (10.8%) of these were reported as vacant in the 2010 Census. There are 447 residential rental units in Lake Butler. 391 of them were occupied in 2010 providing a residential rental vacancy rate of 12.3%.

Lake Butler links:

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Union County

Union County is located in North Central Florida, along with Alachua, Madison, Hamilton, Taylor, Suwannee, Bradford, Lafayette, Dixie, Levy, Gilchrist, Marion, and Columbia counties. Union County is Florida's smallest county in area. Union County's largest industries by employment are trade, transportation, & utilities; manufacturing; and public administration. Major private sector employers are North Florida reception Center, Prichet Trucking, Suwannee Medical Personnel, Lake Butler Hospital/ Ramadan Hand Institute, and Ellington Construction. Top public sector employers are Union Correctional Institute, Union County School District, and Union County Government. Union County cities are Lake Butler (county seat), Raiford, and Worthington Springs.

Neighboring Properties

AddressTypeSq FtClass 
105 Nw 4th Ave Single Family 1,292 B
Po Box 147 Single Family 1,895 B
Po Box 317 Single Family 1,887 B
120 Nw 4th Ave Single Family 1,607 B
Po Box 233 Office building, non-professional service building, one story 7,850 L
60 Nw 4th Ave Single Family 1,337 B
430 Nw 2nd St Single Family 1,542 B
Po Box 652 Single Family 1,586 B
Po Box 87 Church 4,757 L
110 Nw 3rd Ave Single Family 1,973 B
475 Nw 2nd Street Single Family 1,132 B
190 Nw 3rd Ave Single Family 1,915 B
325 W Main St Club, lodge or union hall 1,748 L
360 Nw 3rd St Vacant Residential 0 L
355 Nw 2nd St Single Family 2,101 B
455 Nw First St Single Family 1,166 B
245 Nw 4th Ave Single Family 1,967 B
250 Nw 4th Ave Single Family 1,316 B
450 Nw 2nd St Miscellaneous Residential (migrant camp or boarding home.) 0 L
435 Nw 1st St Vacant Residential 0 L

Local Household Income

The median household income in this part of Florida is $47,144. The bottom 10% of the population earn less than $14,911 per year. The top 10% earn more than $110,883 per year. The top 1% earn more than $404,215 per year. Most renters earn between $22,800 (20th percentile) and $42,960 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $94,288 and $117,860.

The tax assessed value of this property places it in percentile 20 of all properties in this area. This suggests it would appeal to someone earning around $23,162 per year who should qualify for a mortgage between $46,324 and $57,905.

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 $717. Most renters earn between $1,900 and $3,580 per month. They typically spend 29% of their monthly income on rent. Most rents fall in the $504 (20th percentile) to $957 (80th percentile) range. The residential vacancy rate is 6%.

This property falls in percentile 20 of all properties in this area. This corresponds to a rent of $504 per month and a monthly household income of $1,900 ($22,800 per year)

Nearby Companies

Lake Butler Church Of Christ Inc
475 Nw 2nd St
Kal Pin, Inc
440 West Main St
Union County Historical Society, Inc.
410 W Main St
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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