Hillsborough County Real Estate - Lutz

Lutz is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 19,344. Lutz is approximately 14 miles from Tampa (population 335,709) and around 25 miles from Clearwater Beach (population 107,685).

The median age for residents of Lutz is 43.3. Around 33.2% of Lutz households include school aged children and 23.7% of households include individuals aged 65 years or over. Census records indicate 88.7% of the Lutz population are White, 4.8% are Black or African American, .3% American Indian, 2.4% Asian and 2% are Two or more Races.

There are 7,822 housing units in Lutz. 572 (7.3%) of these were reported as vacant in the 2010 Census. There are 1,343 residential rental units in Lutz. 1,174 of them were occupied in 2010 providing a residential rental vacancy rate of 12.1%.

Lutz links:

Hillsborough County

Hillsborough County is in the Tampa Bay region of Florida, along with Citrus, Hernando, Pasco, Pinellas, Polk, Manatee, and Sarasota counties. Tampa, one of Florida's largest cities, is part of Hillsborough County. Over 1.2 million people live in Hillsborough County.

Hillsborough County has the 6th largest school district in the country, employing approximately 25,000 people. Other major public employers are MacDill Air Force Base, Hillsborough County Government, University of South Florida, and Hillsborough Community College. The largest private sector employers are JP Morgan Chase, H. Lee Moffitt Cancer Center & Research Institute, Citi, Pricewaterhouse Coopers, and Progressive Insurance. Target industries are applied medicine & human performance, high-tech electronics and instruments, business, financial & data services, and marine & environmental activities.

Busch Gardens, one of Florida's main theme parks, is in Tampa and attracts many tourists. Tourists also visit historic Tampa neighborhood of Ybor City, once a cigar factory district, now a National Historic Landmark. Many tourists also flow through the Port of Tampa, which handles about a million cruise passengers each year. Not just for tourists, the port is busiest in the state for cargo, with large quantities of phosphates and steel flowing through it.

Located just outside of Tampa is MacDill Air Force Base, the headquarters for U.S. Central Command and the Special Operations Command. When hurricanes threaten the Atlantic coast, ?hurricane hunter? planes takeoff from MacDill to fly into the storm and take measurements. MacDill employs more than 14,000 and has an estimated impact of $5 billion.

Tampa is ranked by the Globalization and World Cities Research Network as a Gamma+ class city. In 2014 it was ranked as the number two city in the nation for investing in rental properties by All Property Management.

Neighboring Properties

AddressTypeSq FtClass 
5337 Southwick Dr Single Family 1,472 B
5341 Southwick Dr Single Family 1,503 B
5335 Southwick Dr Single Family 1,545 B
5346 Southwick Dr Single Family 1,438 B
5343 Southwick Dr Single Family 1,502 B
5333 Southwick Dr Single Family 1,509 B
5301 Macbeth Ct Single Family 1,611 B
5250 Lowell Rd Mobile Home 1,870 B
5345 Southwick Dr Single Family 1,552 B
5348 Southwick Dr Single Family 1,468 B
5331 Southwick Dr Single Family 1,520 B
5303 Macbeth Ct Single Family 1,518 B
5347 Southwick Dr Single Family 1,463 B
5350 Southwick Dr Single Family 1,320 B
5329 Southwick Dr Single Family 1,331 B
5349 Southwick Dr Single Family 1,338 B
5228 Lowell Rd Mobile Home 1,576 B
5305 Macbeth Ct Single Family 1,331 B
5302 Macbeth Ct Single Family 1,629 B
5215 Salem St Mobile Home 960 B
5352 Southwick Dr Single Family 1,501 B
5327 Southwick Dr Single Family 1,500 B
5238 Lowell Rd Mobile Home 1,616 B
5304 Macbeth Ct Single Family 1,320 B
5351 Southwick Dr Single Family 1,441 B
12858 Coverdale Dr Single Family 1,321 B
5307 Macbeth Ct Single Family 1,468 B
5306 Macbeth Ct Single Family 1,528 B
5320 Southwick Dr Single Family 1,561 B
5353 Southwick Dr Single Family 1,383 B
5354 Southwick Dr Single Family 1,460 B
12855 Coverdale Dr Single Family 1,484 B
5325 Southwick Dr Single Family 1,499 B
5309 Macbeth Ct Single Family 1,394 B
12856 Coverdale Dr Single Family 1,473 B
5318 Southwick Dr Single Family 1,338 B
5308 Macbeth Ct Single Family 1,475 B
5355 Southwick Dr Single Family 1,652 B
5356 Southwick Dr Single Family 1,468 B
5225 Lowell Rd Single Family 1,744 B
5214 Lowell Rd Single Family 2,702 B
5316 Southwick Dr Single Family 1,456 B
5311 Macbeth Ct Single Family 1,430 B
12853 Coverdale Dr Single Family 1,337 B
12854 Coverdale Dr Single Family 1,466 B
12801 Millridge Forest St Single Family 1,468 B
5310 Macbeth Ct Single Family 1,438 B
5210 Lowell Rd Single Family 1,308 B
5323 Southwick Dr Single Family 1,489 B

Local Household Income

The median household income in this part of Florida is $70,427. The bottom 10% of the population earn less than $22,779 per year. The top 10% earn more than $184,529 per year. The top 1% earn more than $494,706 per year. Most renters earn between $31,992 (20th percentile) and $54,108 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $140,854 and $176,068.

The tax assessed value of this property places it in percentile 39 of all properties in this area. This suggests it would appeal to someone earning around $54,839 per year who should qualify for a mortgage between $109,678 and $137,098.

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 $922. Most renters earn between $2,666 and $4,509 per month. They typically spend 31% of their monthly income on rent. Most rents fall in the $720 (20th percentile) to $1,184 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 39 of all properties in this area. This corresponds to a rent of $854 per month and a monthly household income of $3,081 ($36,972 per year)

Nearby Companies

Carlos Rp Multiservices, LLC
5325 Southwick Dr
Madrigal Home Repair Inc
5335 Southwick Dr
Jr Unlimited Car Sales, Inc.
5352 Southwick Dr
Nature Extracts LLC
12718 Hampton Park Blvd
Robert S. Gilson, P.A.
5345 Southwick Dr
North Tampa Allstars, LLC
12854 Coverdale Dr
Disclaimers and Disclosures

Public Records Data

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