Gibsonton, Florida
Hillsborough County Real Estate - Gibsonton
Gibsonton is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 14,234. Gibsonton is approximately 8 miles from Tampa (population 335,709) and around 17 miles from Saint Petersburg (population 244,769).
The median age for residents of Gibsonton is 31.4. Around 44.6% of Gibsonton households include school aged children and 16.6% of households include individuals aged 65 years or over. Census records indicate 72.7% of the Gibsonton population are White, 12.6% are Black or African American, .5% American Indian, 1.7% Asian and 3% are Two or more Races. Gibsonton has a significant Hispanic population. 27.8% (3,969) of Gibsonton residents are of Hispanic or Latino origin. Of these 58.3% are of Mexican origin, 19.24% Puerto Rican, 5.08% Cuban and 17.35% are of other Hispanic or Latino origin.
There are 5,622 housing units in Gibsonton. 839 (14.9%) of these were reported as vacant in the 2010 Census. There are 2,072 residential rental units in Gibsonton. 1,767 of them were occupied in 2010 providing a residential rental vacancy rate of 14.4%.
Gibsonton links:
Gibsonton is located in Hillsborough County. It has a population of approximately 14,234 people. The population increased X from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 3.9% for Hillsborough County and a 1.7% increase for the country as a whole. Gibsonton occupies 12.79 of the 1020.21 square miles in Hillsborough County. It had a population density of 1112.8 persons per square mile in 2010. This compared to 1204.9 for the county, 350.6 for Florida and 87.4 for the country.
1.0% ( 5,622) of the 540,190 housing units in Hillsborough County are in Gibsonton (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.) Gibsonton has a 67.9% homeownership rate compared to Hillsborough County's 62.4% homeownership rate and Florida's rate of 69.0%.
| Region | Population 2010 | 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 | 18,801,310 | $630,738 | 2.7% | $47,827 | 9,026,965 | $188,600 |
| Hillsborough County | 1,229,226 | $48,928 | 3.9% | $50,195 | 540,190 | $185,900 |
| Gibsonton | 14,234 | $219 | X | $42,079 | 5,622 | $159,400 |
Gibsonton's medium household income in 2011 was $42,079. Hillsborough County's medium household income was $50,195, which is higher than the medium income for Florida as a whole: $47,827. 19.8% of the population in Gibsonton lives below the poverty line, compared to 14.7% in Florida, 15.0% of the population in Hillsborough County and 14.3% nationwide. Additional Information:
Gibsonton Economic Activity
The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Gibsonton. 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 $219 million, Gibsonton's economic activity represents 0.45% of Hillsborough County's $48,928MM in economic activity. Hillsborough County represents 7.76% of the Florida economy.
| Activity | Value (Millions) | Percentage |
|---|---|---|
| Manufacturers shipments | $0 | 0.0% |
| Merchant wholesaler sales | $61 | 28.0% |
| Retail sales | $153 | 69.9% |
| Accommodation and food services sales | $5 | 2.1% |
| Total | $219 | 100% |
Hillsborough County Regional Comparisons
| City | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| Apollo Beach | 14,055 | $49 | X | $68,368 | 6,694 | $245,100 |
| Brandon | 103,483 | $2,695 | X | $55,344 | 43,352 | $174,600 |
| Gibsonton | 14,234 | $219 | X | $42,079 | 5,622 | $159,400 |
| Lutz | 19,344 | $179 | X | $74,919 | 7,822 | $243,800 |
| Plant City | 34,721 | $2,865 | 3.5% | $47,565 | 13,732 | $162,700 |
| Riverview | 71,050 | $258 | X | $67,298 | 27,513 | $184,200 |
| Ruskin | 17,208 | $105 | X | $45,258 | 6,888 | $146,100 |
| Seffner | 7,579 | $239 | X | $54,589 | 2,919 | $190,500 |
| Sun City Center | 19,258 | $0 | X | $43,430 | 14,042 | $148,100 |
| Tampa | 335,709 | $17,245 | 3.6% | $43,957 | 157,130 | $189,400 |
| Thonotosassa | 13,014 | $46 | X | $39,118 | 5,545 | $136,600 |
| Valrico | 35,545 | $64 | X | $76,016 | 13,668 | $222,100 |
| Wimauma | 6,373 | $0 | X | $26,782 | 1,802 | $153,100 |
Hillsborough County is located in the Tampa Bay Region. This region is responsible for 22.6% of Florida's economic activity. Hillsborough County represents 34.3% of the region's economy.
| Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| Citrus County | 141,236 | $1,515 | -1.3% | $38,189 | 78,423 | $134,800 |
| Hernando County | 172,778 | $2,311 | 0.4% | $42,700 | 84,887 | $145,000 |
| Pasco County | 464,697 | $6,731 | 1.2% | $44,103 | 231,008 | $145,100 |
| Hillsborough County | 1,229,226 | $48,928 | 3.9% | $50,195 | 540,190 | $185,900 |
| Pinellas County | 916,542 | $37,192 | 0.5% | $45,891 | 504,146 | $172,900 |
| Polk County | 602,095 | $27,540 | 2.3% | $44,398 | 281,004 | $133,200 |
| Manatee County | 322,833 | $9,029 | 3.4% | $48,181 | 173,660 | $195,300 |
| Sarasota County | 379,448 | $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 |
Gibsonton Real Estate
There are 4,056 properties in Gibsonton. The following table shows a summary of them based on 2014 sales data.
| Usage Type | Property Count | % | Sales Count | Median Price | Median Price/Ft | Sales From | To |
|---|---|---|---|---|---|---|---|
| Agricultural | 37 | 0.91 | 0 | n/a | n/a | n/a | n/a |
| Commercial Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
| Government Property | 51 | 1.26 | 0 | n/a | n/a | n/a | n/a |
| Hotel & Motel | 4 | 0.10 | 0 | n/a | n/a | n/a | n/a |
| Industrial | 113 | 2.79 | 3 | $349,000 | $17 | January 1st, 2014 | February 1st, 2014 |
| Miscellaneous Property | 10 | 0.25 | 0 | n/a | n/a | n/a | n/a |
| Mobile/Manufactured | 728 | 17.95 | 36 | $42,850 | $35 | January 1st, 2014 | September 1st, 2014 |
| Multifamily | 35 | 0.86 | 2 | $70,150 | $25 | April 1st, 2014 | June 1st, 2014 |
| Office | 13 | 0.32 | 1 | $100,000 | $122 | February 1st, 2014 | February 1st, 2014 |
| Residential | 2,945 | 72.61 | 235 | $124,400 | $60 | January 1st, 2014 | September 1st, 2014 |
| Residential Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
| Retail | 72 | 1.78 | 4 | $158,750 | $48 | January 1st, 2014 | August 1st, 2014 |
| Special Purpose | 47 | 1.16 | 2 | $113,100 | $118 | August 1st, 2014 | August 1st, 2014 |
| Sports & Entertaining | 1 | 0.02 | 1 | $425,000 | $91 | August 1st, 2014 | August 1st, 2014 |
Agricultural Real Estate in Gibsonton, Florida
37( .91%) of the properties in Gibsonton are classified as Agricultural.
Commercial Real Estate in Gibsonton, Florida
0( .00%) of the properties in Gibsonton are classified as Commercial.
Government Real Estate in Gibsonton, Florida
51( 1.26%) of the properties in Gibsonton are classified as Government.
Hotel & Motel Real Estate in Gibsonton, Florida
4( .10%) of the properties in Gibsonton are classified as Hotel & Motel.
Industrial Real Estate in Gibsonton, Florida
113( 2.79%) of the properties in Gibsonton are classified as Industrial. 3 of them sold between January 1st, 2014 and February 1st, 2014. The total value of these sales was $778,000. The median sales price was $349,000. In 2014 the median sales price for Industrial in Gibsonton was $17 per sq ft.
Miscellaneous Real Estate in Gibsonton, Florida
10( .25%) of the properties in Gibsonton are classified as Miscellaneous.
Mobile/Manufactured Real Estate in Gibsonton, Florida
728( 17.95%) of the properties in Gibsonton are classified as Mobile/Manufactured. 36 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $2,055,200. The median sales price was $42,850. In 2014 the median sales price for A Class Mobile/Manufactured in Gibsonton was $69 per sq ft, B Class properties sold for $35/ft and C Class $17/ft.
Multifamily Real Estate in Gibsonton, Florida
35( .86%) of the properties in Gibsonton are classified as Multifamily. 2 of them sold between April 1st, 2014 and June 1st, 2014. The total value of these sales was $140,300. The median sales price was $70,150. In 2014 the median sales price for Multifamily in Gibsonton was $25 per sq ft.
Office Real Estate in Gibsonton, Florida
13( .32%) of the properties in Gibsonton are classified as Office. 1 of them sold between February 1st, 2014 and February 1st, 2014. The total value of these sales was $100,000. The median sales price was $100,000. In 2014 the median sales price for Office in Gibsonton was $122 per sq ft.
Residential Real Estate in Gibsonton, Florida
2,945( 72.61%) of the properties in Gibsonton are classified as Residential. 235 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $28,828,672. The median sales price was $124,400. In 2014 the median sales price for A Class Residential in Gibsonton was $77 per sq ft, B Class properties sold for $60/ft and C Class $34/ft.
Residential Real Estate in Gibsonton, Florida
0( .00%) of the properties in Gibsonton are classified as Residential.
Retail Real Estate in Gibsonton, Florida
72( 1.78%) of the properties in Gibsonton are classified as Retail. 4 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $2,966,700. The median sales price was $158,750. In 2014 the median sales price for Retail in Gibsonton was $48 per sq ft.
Special Purpose Real Estate in Gibsonton, Florida
47( 1.16%) of the properties in Gibsonton are classified as Special Purpose. 2 of them sold between August 1st, 2014 and August 1st, 2014. The total value of these sales was $226,200. The median sales price was $113,100. In 2014 the median sales price for Special Purpose in Gibsonton was $118 per sq ft.
Sports & Entertaining Real Estate in Gibsonton, Florida
1( .02%) of the properties in Gibsonton are classified as Sports & Entertaining. 1 of them sold between August 1st, 2014 and August 1st, 2014. The total value of these sales was $425,000. The median sales price was $425,000. In 2014 the median sales price for Sports & Entertaining in Gibsonton was $91 per sq ft.
Gibsonton, Hillsborough County Market Data
| Property Usage | Property Count | Total Sq Ft |
|---|---|---|
| Agricultural | 30 | 59,338 |
| Government Property | 51 | 698,149 |
| Hotel & Motel | 4 | 18,100 |
| Industrial | 47 | 1,564,396 |
| Land | 572 | 363,822 |
| Miscellaneous Property | 12 | 705,742 |
| Mobile/Manufactured | 705 | 900,177 |
| Multifamily | 35 | 113,601 |
| Office | 14 | 35,205 |
| Residential | 3,108 | 5,972,519 |
| Retail | 69 | 614,339 |
| Special Purpose | 20 | 106,488 |
| Sports & Entertaining | 1 | 4,689 |
Gibsonton Median Property Values per Sq Ft
| Property Class | Class A | Class B | Class C | ||||
|---|---|---|---|---|---|---|---|
| Usage | Year | Sale | Lease | Sale | Lease | Sale | Lease |
| Airport (private or commercial), bus terminal, marine terminal, pier or marina. | 2016 | $421 | $24 | $139 | $12 | $58 | $7 |
| Auto sales, auto repair and storage or auto service shop | 2016 | $421 | $20 | $139 | $11 | $58 | $7 |
| Church | 2016 | $183 | $24 | $58 | $12 | $34 | $7 |
| Club, lodge or union hall | 2016 | $208 | $24 | $72 | $12 | $38 | $7 |
| Community Shopping Center | 2016 | $421 | $20 | $139 | $11 | $58 | $7 |
| County Owned | 2016 | $208 | $30 | $72 | $15 | $38 | $7 |
| Cropland soil capability Class I | 2016 | $183 | $27 | $58 | $15 | $34 | $9 |
| Dairies, feed lots | 2016 | $183 | $27 | $58 | $15 | $34 | $9 |
| Department Store | 2016 | $421 | $20 | $139 | $11 | $58 | $7 |
| Food processing | 2016 | $587 | $21 | $251 | $9 | $37 | $5 |
| Grazing land soil capability Class I | 2016 | $183 | $27 | $58 | $15 | $34 | $9 |
| Hotel or motel | 2016 | $587 | $33 | $251 | $33 | $37 | $33 |
| Leasehold interests (government owned property leased by a non-governmental lessee) | 2016 | $208 | $42 | $72 | $15 | $38 | $6 |
| Light manufacturing | 2016 | $587 | $21 | $251 | $9 | $37 | $5 |
| Mineral processing, cement plant,refinery, clay plants or gravel plant | 2016 | $183 | $21 | $58 | $9 | $34 | $5 |
| Miscellaneous Residential (migrant camp or boarding home.) | 2016 | $98 | $33 | $54 | $33 | $31 | $33 |
| Mixed use - store and office or store and residential or residential combination | 2016 | $421 | $20 | $139 | $11 | $58 | $7 |
| Mobile Home | 2016 | $98 | $6 | $54 | $6 | $31 | $6 |
| Multi-family - 10 units or more | 2016 | $98 | $9 | $54 | $7 | $31 | $5 |
| Multi-family - less than 10 units | 2016 | $183 | $9 | $65 | $7 | $38 | $5 |
| Municipal Owned | 2016 | $208 | $30 | $72 | $15 | $38 | $7 |
| Nightclub, cocktail lounge or bar | 2016 | $587 | $37 | $251 | $17 | $37 | $7 |
| Office building, non-professional service building, one story | 2016 | $421 | $30 | $139 | $18 | $58 | $11 |
| Open storage (building supplies, auto wrecking, fuel, equipment or material storage) | 2016 | $183 | $21 | $58 | $9 | $34 | $5 |
| Ornamentals, miscellaneous agricultural | 2016 | $183 | $27 | $58 | $15 | $34 | $9 |
| Orphanage, other non-profit or charitable services | 2016 | $208 | $24 | $72 | $12 | $38 | $7 |
| Poultry, bees, tropical fish, rabbits, etc. | 2016 | $183 | $27 | $58 | $15 | $34 | $9 |
| Private school or college | 2016 | $208 | $24 | $72 | $12 | $38 | $7 |
| Professional service building | 2016 | $421 | $30 | $139 | $18 | $58 | $11 |
| Public county school | 2016 | $208 | $30 | $72 | $15 | $38 | $7 |
| Repair service shop (excluding automotive) | 2016 | $421 | $20 | $139 | $11 | $58 | $7 |
| Restaurant, cafeteria | 2016 | $421 | $20 | $139 | $11 | $58 | $7 |
| Single Family | 2016 | $95 | $16 | $72 | $16 | $57 | $16 |
| State Owned | 2016 | $208 | $30 | $72 | $15 | $38 | $7 |
| Store, one story | 2016 | $421 | $20 | $139 | $11 | $58 | $7 |
| Supermarket | 2016 | $421 | $20 | $139 | $11 | $58 | $7 |
| Undefined - Reserved for Use by Department of Revenue | 2016 | $183 | $16 | $65 | $16 | $38 | $16 |
| Utility | 2016 | $208 | $42 | $72 | $15 | $38 | $6 |
| Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 2016 | $183 | $21 | $58 | $9 | $34 | $5 |