Hernando County, Florida
Hernando County
Hernando County is in the Tampa bay region of Florida, along with Manatee, Polk, Hillsborough, Pinellas, Pasco, Citrus and Sarasota counties. The major industries in Hernando County are Distribution, Healthcare, Cement Production, Manufacturing, Mining, Tourism, Dairy/Cattle Production, Citrus Production, Forest Resources, and Construction.
Hernando County is home to the largest (truck-to-truck) Wal-Mart Distribution Center in the U.S, making Wal-Mart the county's largest employer. Other major employers in Hernando County include Oak Hill Hospital, Spring Hill & Brooksville Regional Hospitals, Sparton Electronics, and Florida Crushed Stone. Public Sector employers are Hernando County School Board, Hernando County Government, and Southwest Florida Water District. Cities and census designated places in Hernando County include Brooksville, Weeki Wachee, Bayport, Brookridge, Spring Hill, and Spring Lakes.
Hernando County Florida Cities
There are 4 cities in Hernando County Florida. These are listed below. Click on a link for details.
Brooksville, Istachatta, Nobleton, Spring Hill,
Hernando County has a population of approximately 173,422 people. The population increased 0.4% 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. Hernando County is 472.54 square miles and had a population density of 365.6 Persons per square mile in 2010. This compared to 350.6 for Florida and 87.4 for the country.
There are 84,887 housing units in Hernando 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.) Hernando County has a 82.4% homeownership rate compared to Florida's rate of 69.0%. Hernando County's medium household income in 2011 was $42,700, 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 |
| Hernando County | 173,422 | $2,311 | 0.4% | $42,700 | 84,887 | $145,000 |
12.8% of the population in Hernando County lives below the poverty line, compared to 14.7% in Florida and 14.3% nationwide. Additional Information:
- Hernando County Census Data
- University of Florida Bureau of Economic and Business Research - Hernando County
Hernando 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 Hernando 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 $2,311 million, Hernando County's economic activity represents 0.37% of the Florida economy.
| Activity | Value (Millions) | Percentage |
|---|---|---|
| Manufacturers shipments | $313 | 13.5% |
| Merchant wholesaler sales | $178 | 7.7% |
| Retail sales | $1,654 | 71.6% |
| Accommodation and food services sales | $166 | 7.2% |
| Total | $2,311 | 100% |
Hernando County Regional Comparisons
Hernando County is located in the Tampa Bay Region. This region is responsible for 22.6% of Florida's economic activity. Hernando County represents 1.6% 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 |
Hernando Real Estate
There are 76,036 properties in Hernando 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 | 46 | $292,500 | $72 | January 1st, 2013 | August 1st, 2013 |
| Miscellaneous Property | 214 | 0.28 | 1 | $93,000 | $211 | July 1st, 2013 | July 1st, 2013 |
| Residential Property | 0 | 0.00 | 3,087 | $77,500 | $35 | January 1st, 2013 | September 1st, 2013 |
Commercial Real Estate in Hernando County, Florida
0( .00%) of the properties in Hernando County are classified as Commercial. 46 of them sold between January 1st, 2013 and August 1st, 2013. The total value of these sales was $53,598,700. The median sales price was $292,500. In 2013 the median sales price for A Class Commercial Property in Hernando County was $289 per sq ft, B Class properties sold for $72/ft and C Class $14/ft.
Miscellaneous Real Estate in Hernando County, Florida
214( .28%) of the properties in Hernando County are classified as Miscellaneous. 1 of them sold between July 1st, 2013 and July 1st, 2013. The total value of these sales was $93,000. The median sales price was $93,000. In 2013 the median sales price for Miscellaneous Property in Hernando County was $211 per sq ft.
Residential Real Estate in Hernando County, Florida
0( .00%) of the properties in Hernando County are classified as Residential. 3,087 of them sold between January 1st, 2013 and September 1st, 2013. The total value of these sales was $288,137,485. The median sales price was $77,500. In 2013 the median sales price for A Class Residential Property in Hernando County was $55 per sq ft, B Class properties sold for $35/ft and C Class $17/ft.
Additional Details:
Hernando Market Data
| Property Usage | Property Count | Total Sq Ft |
|---|---|---|
| Agricultural | 1,354 | 4,652,906 |
| Government Property | 417 | 6,914,496 |
| Health Care | 6 | 496,847 |
| Hotel & Motel | 18 | 543,076 |
| Industrial | 203 | 4,624,026 |
| Land | 5,388 | 1,027,839 |
| Miscellaneous Property | 214 | 242,464 |
| Mobile/Manufactured | 11,081 | 20,183,630 |
| Multifamily | 524 | 4,749,560 |
| Office | 482 | 2,382,709 |
| Residential | 60,993 | 152,927,492 |
| Retail | 802 | 9,556,602 |
| Senior Housing | 38 | 1,011,596 |
| Special Purpose | 284 | 2,660,686 |
| Sports & Entertaining | 61 | 722,653 |