Lutz, Florida
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:
Lutz is located in Hillsborough County. It has a population of approximately 19,344 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. Lutz occupies 24.65 of the 1020.21 square miles in Hillsborough County. It had a population density of 784.7 persons per square mile in 2010. This compared to 1204.9 for the county, 350.6 for Florida and 87.4 for the country.
1.4% ( 7,822) of the 540,190 housing units in Hillsborough County are in Lutz (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.) Lutz has a 87.2% 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 |
| Lutz | 19,344 | $179 | X | $74,919 | 7,822 | $243,800 |
Lutz's medium household income in 2011 was $74,919. Hillsborough County's medium household income was $50,195, which is higher than the medium income for Florida as a whole: $47,827. 6.1% of the population in Lutz 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:
Lutz 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 Lutz. 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 $179 million, Lutz's economic activity represents 0.37% 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 | $24 | 13.6% |
| Retail sales | $144 | 80.2% |
| Accommodation and food services sales | $11 | 6.2% |
| Total | $179 | 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 |
Lutz Real Estate
There are 20,610 properties in Lutz. 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 | 205 | 0.99 | 4 | $228,550 | $73 | January 1st, 2014 | April 1st, 2014 |
| Commercial Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
| Government Property | 240 | 1.16 | 1 | $591,900 | $140 | July 1st, 2014 | July 1st, 2014 |
| Health Care | 4 | 0.02 | 0 | n/a | n/a | n/a | n/a |
| Hotel & Motel | 3 | 0.01 | 0 | n/a | n/a | n/a | n/a |
| Industrial | 164 | 0.80 | 0 | n/a | n/a | n/a | n/a |
| Miscellaneous Property | 27 | 0.13 | 0 | n/a | n/a | n/a | n/a |
| Mobile/Manufactured | 949 | 4.60 | 33 | $42,900 | $28 | January 1st, 2014 | September 1st, 2014 |
| Multifamily | 100 | 0.49 | 0 | n/a | n/a | n/a | n/a |
| Office | 317 | 1.54 | 12 | $307,500 | $109 | January 1st, 2014 | September 1st, 2014 |
| Residential | 18,114 | 87.89 | 891 | $169,800 | $78 | January 1st, 2014 | September 1st, 2014 |
| Residential Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
| Retail | 217 | 1.05 | 3 | $1,275,000 | $99 | April 1st, 2014 | June 1st, 2014 |
| Senior Housing | 6 | 0.03 | 0 | n/a | n/a | n/a | n/a |
| Special Purpose | 255 | 1.24 | 5 | $920,000 | $127 | February 1st, 2014 | July 1st, 2014 |
| Sports & Entertaining | 9 | 0.04 | 1 | $115,300 | $55 | January 1st, 2014 | January 1st, 2014 |
Agricultural Real Estate in Lutz, Florida
205( .99%) of the properties in Lutz are classified as Agricultural. 4 of them sold between January 1st, 2014 and April 1st, 2014. The total value of these sales was $907,100. The median sales price was $228,550. In 2014 the median sales price for Agricultural in Lutz was $73 per sq ft.
Commercial Real Estate in Lutz, Florida
0( .00%) of the properties in Lutz are classified as Commercial.
Government Real Estate in Lutz, Florida
240( 1.16%) of the properties in Lutz are classified as Government. 1 of them sold between July 1st, 2014 and July 1st, 2014. The total value of these sales was $591,900. The median sales price was $591,900. In 2014 the median sales price for Government Property in Lutz was $140 per sq ft.
Health Care Real Estate in Lutz, Florida
4( .02%) of the properties in Lutz are classified as Health Care.
Hotel & Motel Real Estate in Lutz, Florida
3( .01%) of the properties in Lutz are classified as Hotel & Motel.
Industrial Real Estate in Lutz, Florida
164( .80%) of the properties in Lutz are classified as Industrial.
Miscellaneous Real Estate in Lutz, Florida
27( .13%) of the properties in Lutz are classified as Miscellaneous.
Mobile/Manufactured Real Estate in Lutz, Florida
949( 4.60%) of the properties in Lutz are classified as Mobile/Manufactured. 33 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $1,600,300. The median sales price was $42,900. In 2014 the median sales price for A Class Mobile/Manufactured in Lutz was $61 per sq ft, B Class properties sold for $28/ft and C Class $16/ft.
Multifamily Real Estate in Lutz, Florida
100( .49%) of the properties in Lutz are classified as Multifamily.
Office Real Estate in Lutz, Florida
317( 1.54%) of the properties in Lutz are classified as Office. 12 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $4,375,000. The median sales price was $307,500. In 2014 the median sales price for Office in Lutz was $109 per sq ft.
Residential Real Estate in Lutz, Florida
18,114( 87.89%) of the properties in Lutz are classified as Residential. 891 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $187,426,726. The median sales price was $169,800. In 2014 the median sales price for A Class Residential in Lutz was $113 per sq ft, B Class properties sold for $78/ft and C Class $48/ft.
Residential Real Estate in Lutz, Florida
0( .00%) of the properties in Lutz are classified as Residential.
Retail Real Estate in Lutz, Florida
217( 1.05%) of the properties in Lutz are classified as Retail. 3 of them sold between April 1st, 2014 and June 1st, 2014. The total value of these sales was $2,775,500. The median sales price was $1,275,000. In 2014 the median sales price for Retail in Lutz was $99 per sq ft.
Senior Housing Real Estate in Lutz, Florida
6( .03%) of the properties in Lutz are classified as Senior Housing.
Special Purpose Real Estate in Lutz, Florida
255( 1.24%) of the properties in Lutz are classified as Special Purpose. 5 of them sold between February 1st, 2014 and July 1st, 2014. The total value of these sales was $4,117,000. The median sales price was $920,000. In 2014 the median sales price for Special Purpose in Lutz was $127 per sq ft.
Sports & Entertaining Real Estate in Lutz, Florida
9( .04%) of the properties in Lutz are classified as Sports & Entertaining. 1 of them sold between January 1st, 2014 and January 1st, 2014. The total value of these sales was $115,300. The median sales price was $115,300. In 2014 the median sales price for Sports & Entertaining in Lutz was $55 per sq ft.
Lutz, Hillsborough County Market Data
| Property Usage | Property Count | Total Sq Ft |
|---|---|---|
| Agricultural | 171 | 385,442 |
| Government Property | 251 | 1,120,234 |
| Health Care | 4 | 480,915 |
| Hotel & Motel | 3 | 97,869 |
| Industrial | 85 | 1,324,628 |
| Land | 1,614 | 643,708 |
| Miscellaneous Property | 26 | 15,246 |
| Mobile/Manufactured | 913 | 1,319,663 |
| Multifamily | 98 | 4,339,997 |
| Office | 300 | 1,217,672 |
| Residential | 18,391 | 47,504,522 |
| Retail | 210 | 2,811,917 |
| Senior Housing | 4 | 162,545 |
| Special Purpose | 119 | 1,625,962 |
| Sports & Entertaining | 8 | 143,080 |
Lutz 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 | $264 | $20 | $125 | $15 | $72 | $11 |
| Auto sales, auto repair and storage or auto service shop | 2016 | $421 | $33 | $139 | $16 | $58 | $10 |
| Bowling alley, skating rink, pool hall or enclosed arena | 2016 | $587 | $37 | $251 | $17 | $37 | $7 |
| Church | 2016 | $587 | $20 | $251 | $15 | $37 | $11 |
| Club, lodge or union hall | 2016 | $208 | $20 | $72 | $15 | $38 | $11 |
| Community Shopping Center | 2016 | $421 | $33 | $139 | $16 | $58 | $10 |
| Condominium | 2016 | $94 | $16 | $81 | $16 | $60 | $16 |
| County Owned | 2016 | $208 | $30 | $72 | $15 | $38 | $7 |
| Cropland soil capability Class I | 2016 | $587 | $45 | $251 | $26 | $37 | $19 |
| Dairies, feed lots | 2016 | $587 | $45 | $251 | $26 | $37 | $19 |
| Department Store | 2016 | $183 | $33 | $65 | $16 | $38 | $10 |
| Drive-in Restaurant | 2016 | $264 | $33 | $125 | $16 | $72 | $10 |
| Federal Owned | 2016 | $281 | $30 | $66 | $15 | $64 | $7 |
| Financial institution (bank, saving and loan company, mortgage company, credit services) | 2016 | $264 | $33 | $125 | $16 | $72 | $10 |
| Forest, park or recreational area | 2016 | $208 | $30 | $72 | $15 | $38 | $7 |
| Golf course or driving range | 2016 | $587 | $37 | $251 | $17 | $37 | $7 |
| Grazing land soil capability Class I | 2016 | $587 | $45 | $251 | $26 | $37 | $19 |
| Grazing land soil capability Class III | 2016 | $587 | $45 | $251 | $26 | $37 | $19 |
| Grazing land soil capability Class V | 2016 | $587 | $45 | $251 | $26 | $37 | $19 |
| Heavy industrial | 2016 | $587 | $13 | $251 | $10 | $37 | $7 |
| Hotel or motel | 2016 | $587 | $33 | $251 | $33 | $37 | $33 |
| Light manufacturing | 2016 | $587 | $13 | $251 | $10 | $37 | $7 |
| Lumber yard, sawmill or planing mill | 2016 | $587 | $13 | $251 | $10 | $37 | $7 |
| Mineral processing, cement plant,refinery, clay plants or gravel plant | 2016 | $587 | $13 | $251 | $10 | $37 | $7 |
| Miscellaneous Residential (migrant camp or boarding home.) | 2016 | $94 | $33 | $81 | $33 | $60 | $33 |
| Mixed use - store and office or store and residential or residential combination | 2016 | $183 | $33 | $65 | $16 | $38 | $10 |
| Mobile Home | 2016 | $79 | $6 | $43 | $6 | $25 | $6 |
| Mortuary, cemetery or crematorium | 2016 | $208 | $20 | $72 | $15 | $38 | $11 |
| Multi-family - 10 units or more | 2016 | $183 | $13 | $65 | $10 | $38 | $8 |
| Multi-family - less than 10 units | 2016 | $183 | $13 | $65 | $10 | $38 | $8 |
| Municipal Owned | 2016 | $281 | $30 | $66 | $15 | $64 | $7 |
| Office building, non-professional service building, multi-story | 2016 | $264 | $23 | $125 | $20 | $72 | $17 |
| Office building, non-professional service building, one story | 2016 | $264 | $23 | $125 | $20 | $72 | $17 |
| Open storage (building supplies, auto wrecking, fuel, equipment or material storage) | 2016 | $587 | $13 | $251 | $10 | $37 | $7 |
| Orchard Groves, Citrus, etc. | 2016 | $587 | $45 | $251 | $26 | $37 | $19 |
| Ornamentals, miscellaneous agricultural | 2016 | $587 | $45 | $251 | $26 | $37 | $19 |
| Orphanage, other non-profit or charitable services | 2016 | $208 | $20 | $72 | $15 | $38 | $11 |
| Poultry, bees, tropical fish, rabbits, etc. | 2016 | $587 | $45 | $251 | $26 | $37 | $19 |
| Private school or college | 2016 | $208 | $20 | $72 | $15 | $38 | $11 |
| Privately owned hospital | 2016 | $208 | $25 | $72 | $17 | $38 | $11 |
| Professional service building | 2016 | $264 | $23 | $125 | $20 | $72 | $17 |
| Public county school | 2016 | $208 | $30 | $72 | $15 | $38 | $7 |
| Repair service shop (excluding automotive) | 2016 | $421 | $33 | $139 | $16 | $58 | $10 |
| Restaurant, cafeteria | 2016 | $264 | $33 | $125 | $16 | $72 | $10 |
| Retirement Home not eligible for exemption. | 2016 | $94 | $15 | $81 | $10 | $60 | $9 |
| Sanitarium or convalescent rest home | 2016 | $208 | $25 | $72 | $17 | $38 | $11 |
| Single Family | 2016 | $135 | $16 | $107 | $16 | $73 | $16 |
| State Owned | 2016 | $208 | $30 | $72 | $15 | $38 | $7 |
| Store, one story | 2016 | $183 | $33 | $65 | $16 | $38 | $10 |
| Supermarket | 2016 | $421 | $33 | $139 | $16 | $58 | $10 |
| Timberland - site index 80 to 89 | 2016 | $587 | $45 | $251 | $26 | $37 | $19 |
| Timberland - site index 90 and above | 2016 | $587 | $45 | $251 | $26 | $37 | $19 |
| Timberland not classified by site index to Pines | 2016 | $587 | $45 | $251 | $26 | $37 | $19 |
| Undefined - Reserved for Use by Department of Revenue | 2016 | $183 | $16 | $65 | $16 | $38 | $16 |
| Utility | 2016 | $281 | $42 | $66 | $15 | $64 | $6 |
| Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 2016 | $587 | $13 | $251 | $10 | $37 | $7 |