Citrus County, Florida
Citrus County
Citrus County is located in the Tampa Bay region of Florida, along with Manatee, Polk, Hillsborough, Pinellas, Pasco, Hernando, and Sarasota counties. Main industries in Citrus County include educational, health, and social services; retail trade; construction; and arts, entertainment, recreation, accommodation and food services. Citrus County is home to Crystal River and Homosassa Springs and is the only place in the United States where you can legally swim and interact with manatees.
Citrus County's top five major employers are Citrus County School Board, Citrus memorial Hospital, progress Energy, Seven Rivers Community Hospital, and Citrus County Sheriff's Department. More than 80% of the businesses in Citrus County are small businesses.
Citrus County Florida Cities
There are 10 cities in Citrus County Florida. These are listed below. Click on a link for details.
Beverly Hills, Crystal River, Dunnellon, Floral City, Hernando, Holder, Homosassa, Homosassa Springs, Inverness, Lecanto,
Citrus County has a population of approximately 139,360 people. The population increased -1.3% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida and a 1.7% increase for the country as a whole. Citrus County is 581.7 square miles and had a population density of 242.8 Persons per square mile in 2010. This compared to 350.6 for Florida and 87.4 for the country.
There are 78,423 housing units in Citrus County (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Citrus County has a 83.3% homeownership rate compared to Florida's rate of 69.0%. Citrus County's medium household income in 2011 was $38,189, which is lower than the medium income for Florida as a whole: $47,827.
| Region | Population 2012 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| United States | 313,914,040 | $14,025,202 | 1.7% | $52,762 | 132,312,404 | $186,200 |
| Florida | 19,317,568 | $630,738 | 2.7% | $47,827 | 9,026,965 | $188,600 |
| Citrus County | 139,360 | $1,515 | -1.3% | $38,189 | 78,423 | $134,800 |
15.8% of the population in Citrus County lives below the poverty line, compared to 14.7% in Florida and 14.3% nationwide. Additional Information:
- Citrus County Census Data
- University of Florida Bureau of Economic and Business Research - Citrus County
Citrus County Economic Activity
The U.S. Bureau of the Census, Economic , 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Citrus County. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.
At $1,515 million, Citrus County's economic activity represents 0.24% of the Florida economy.
| Activity | Value (Millions) | Percentage |
|---|---|---|
| Manufacturers shipments | $0 | 0.0% |
| Merchant wholesaler sales | $0 | 0.0% |
| Retail sales | $1,406 | 92.8% |
| Accommodation and food services sales | $110 | 7.2% |
| Total | $1,515 | 100% |
Citrus County Regional Comparisons
Citrus County is located in the Tampa Bay Region. This region is responsible for 22.6% of Florida's economic activity. Citrus County represents 1.1% of the region's economy.
| Region | Population 2012 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| Citrus County | 139,360 | $1,515 | -1.3% | $38,189 | 78,423 | $134,800 |
| Hernando County | 173,422 | $2,311 | 0.4% | $42,700 | 84,887 | $145,000 |
| Pasco County | 470,391 | $6,731 | 1.2% | $44,103 | 231,008 | $145,100 |
| Hillsborough County | 1,277,746 | $48,928 | 3.9% | $50,195 | 540,190 | $185,900 |
| Pinellas County | 921,319 | $37,192 | 0.5% | $45,891 | 504,146 | $172,900 |
| Polk County | 616,158 | $27,540 | 2.3% | $44,398 | 281,004 | $133,200 |
| Manatee County | 333,895 | $9,029 | 3.4% | $48,181 | 173,660 | $195,300 |
| Sarasota County | 386,147 | $9,371 | 1.8% | $49,212 | 229,346 | $213,400 |
| Total | 4,318,438 | $142,617 | 1.5% | $45,359 | 2,122,664 | $165,700 |
Citrus Real Estate
There are 73,522 properties in Citrus County. The following table shows a summary of them based on 2013 sales data.
| Usage Type | Property Count | % | Sales Count | Median Price | Median Price/Ft | Sales From | To |
|---|---|---|---|---|---|---|---|
| Commercial Property | 0 | 0.00 | 63 | $115,000 | $53 | January 1st, 2013 | August 1st, 2013 |
| Government Property | 1,768 | 2.40 | 2 | $107,050 | $53 | February 1st, 2013 | May 1st, 2013 |
| Residential Property | 0 | 0.00 | 2,778 | $72,500 | $38 | January 1st, 2013 | September 1st, 2013 |
Commercial Real Estate in Citrus County, Florida
0( .00%) of the properties in Citrus County are classified as Commercial. 63 of them sold between January 1st, 2013 and August 1st, 2013. The total value of these sales was $22,647,500. The median sales price was $115,000. In 2013 the median sales price for A Class Commercial Property in Citrus County was $173 per sq ft, B Class properties sold for $53/ft and C Class $24/ft.
Government Real Estate in Citrus County, Florida
1,768( 2.40%) of the properties in Citrus County are classified as Government. 2 of them sold between February 1st, 2013 and May 1st, 2013. The total value of these sales was $214,100. The median sales price was $107,050. In 2013 the median sales price for Government Property in Citrus County was $53 per sq ft.
Residential Real Estate in Citrus County, Florida
0( .00%) of the properties in Citrus County are classified as Residential. 2,778 of them sold between January 1st, 2013 and September 1st, 2013. The total value of these sales was $275,102,786. The median sales price was $72,500. In 2013 the median sales price for A Class Residential Property in Citrus County was $67 per sq ft, B Class properties sold for $38/ft and C Class $18/ft.
Additional Details:
Citrus Market Data
| Property Usage | Property Count | Total Sq Ft |
|---|---|---|
| Agricultural | 2,228 | 1,059,631 |
| Government Property | 2,096 | 3,547,806 |
| Health Care | 12 | 324,474 |
| Hotel & Motel | 25 | 462,926 |
| Industrial | 247 | 3,111,851 |
| Land | 63,318 | 532,147 |
| Miscellaneous Property | 168 | 871,410 |
| Mobile/Manufactured | 14,075 | 16,089,512 |
| Multifamily | 540 | 2,444,590 |
| Office | 503 | 2,108,286 |
| Residential | 53,252 | 124,725,848 |
| Retail | 1,348 | 9,810,975 |
| Senior Housing | 25 | 996,733 |
| Special Purpose | 329 | 2,952,267 |
| Sports & Entertaining | 82 | 642,512 |