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:

Sue Goldthorp

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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%.

Economic Indicators
RegionPopulation
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 $179X$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.

Lutz Economic Activity
ActivityValue (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 $179100%

Hillsborough County Regional Comparisons

Economic Indicators
CityPopulation
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 $49X$68,368 6,694$245,100
Brandon 103,483 $2,695X$55,344 43,352$174,600
Gibsonton 14,234 $219X$42,079 5,622$159,400
Lutz 19,344 $179X$74,919 7,822$243,800
Plant City 34,721 $2,8653.5%$47,565 13,732$162,700
Riverview 71,050 $258X$67,298 27,513$184,200
Ruskin 17,208 $105X$45,258 6,888$146,100
Seffner 7,579 $239X$54,589 2,919$190,500
Sun City Center 19,258 $0X$43,430 14,042$148,100
Tampa 335,709 $17,2453.6%$43,957 157,130$189,400
Thonotosassa 13,014 $46X$39,118 5,545$136,600
Valrico 35,545 $64X$76,016 13,668$222,100
Wimauma 6,373 $0X$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.

Economic Indicators
RegionPopulation
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.

Lutz Real Estate by Usage
Usage TypeProperty Count%Sales CountMedian PriceMedian Price/FtSales FromTo
Agricultural 205 0.99 4 $228,550 $73January 1st, 2014April 1st, 2014
Commercial Property 0 0.00 0n/an/an/an/a
Government Property 240 1.16 1 $591,900 $140July 1st, 2014July 1st, 2014
Health Care 4 0.02 0n/an/an/an/a
Hotel & Motel 3 0.01 0n/an/an/an/a
Industrial 164 0.80 0n/an/an/an/a
Miscellaneous Property 27 0.13 0n/an/an/an/a
Mobile/Manufactured 949 4.60 33 $42,900 $28January 1st, 2014September 1st, 2014
Multifamily 100 0.49 0n/an/an/an/a
Office 317 1.54 12 $307,500 $109January 1st, 2014September 1st, 2014
Residential 18,114 87.89 891 $169,800 $78January 1st, 2014September 1st, 2014
Residential Property 0 0.00 0n/an/an/an/a
Retail 217 1.05 3 $1,275,000 $99April 1st, 2014June 1st, 2014
Senior Housing 6 0.03 0n/an/an/an/a
Special Purpose 255 1.24 5 $920,000 $127February 1st, 2014July 1st, 2014
Sports & Entertaining 9 0.04 1 $115,300 $55January 1st, 2014January 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

Lutz Real Estate
Property UsageProperty CountTotal 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

Lutz Median Property Values per Sq Ft by Property Class
Property Class Class AClass BClass C
UsageYear SaleLease SaleLease SaleLease
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