Riverview, Florida

Hillsborough County Real Estate - Riverview

Riverview is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 71,050.

The median age for residents of Riverview is 34.1. Around 45.1% of Riverview households include school aged children and 16.8% of households include individuals aged 65 years or over. Census records indicate 70.2% of the Riverview population are White, 16.9% are Black or African American, .4% American Indian, 3.1% Asian and 4% are Two or more Races. Riverview has a significant Hispanic population. 21% (14,946) of Riverview residents are of Hispanic or Latino origin. Of these 19.42% are of Mexican origin, 40.09% Puerto Rican, 9.7% Cuban and 30.77% are of other Hispanic or Latino origin.

There are 27,513 housing units in Riverview. 3,025 (10.9%) of these were reported as vacant in the 2010 Census. There are 6,149 residential rental units in Riverview. 5,323 of them were occupied in 2010 providing a residential rental vacancy rate of 13%.

Riverview links:

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Riverview is located in Hillsborough County. It has a population of approximately 71,050 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. Riverview occupies 46.19 of the 1020.21 square miles in Hillsborough County. It had a population density of 1538.1 persons per square mile in 2010. This compared to 1204.9 for the county, 350.6 for Florida and 87.4 for the country.

5.1% ( 27,513) of the 540,190 housing units in Hillsborough County are in Riverview (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.) Riverview has a 79.0% 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
Riverview 71,050 $258X$67,298 27,513$184,200

Riverview's medium household income in 2011 was $67,298. Hillsborough County's medium household income was $50,195, which is higher than the medium income for Florida as a whole: $47,827. 8.3% of the population in Riverview 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:

Riverview 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 Riverview. 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 $258 million, Riverview's economic activity represents 0.53% of Hillsborough County's $48,928MM in economic activity. Hillsborough County represents 7.76% of the Florida economy.

Riverview Economic Activity
ActivityValue (Millions)Percentage
Manufacturers shipments $0 0.0%
Merchant wholesaler sales $54 21.0%
Retail sales $182 70.8%
Accommodation and food services sales $21 8.2%
Total $258100%

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

Riverview Real Estate

There are 30,461 properties in Riverview. The following table shows a summary of them based on 2014 sales data.

Riverview Real Estate by Usage
Usage TypeProperty Count%Sales CountMedian PriceMedian Price/FtSales FromTo
Agricultural 268 0.88 4 $725,000 $412January 1st, 2014June 1st, 2014
Commercial Property 0 0.00 0n/an/an/an/a
Government Property 238 0.78 0n/an/an/an/a
Hotel & Motel 1 0.00 0n/an/an/an/a
Industrial 208 0.68 3 $82,500 $46January 1st, 2014April 1st, 2014
Miscellaneous Property 15 0.05 0n/an/an/an/a
Mobile/Manufactured 2,026 6.65 70 $43,550 $28January 1st, 2014September 1st, 2014
Multifamily 64 0.21 6 $4,645,050 $67February 1st, 2014August 1st, 2014
Office 110 0.36 8 $346,100 $181January 1st, 2014July 1st, 2014
Residential 26,990 88.61 1,721 $135,000 $70January 1st, 2014September 1st, 2014
Residential Property 0 0.00 0n/an/an/an/a
Retail 213 0.70 11 $2,000,000 $155January 1st, 2014July 1st, 2014
Senior Housing 2 0.01 0n/an/an/an/a
Special Purpose 318 1.04 4 $288,750 $54January 1st, 2014July 1st, 2014
Sports & Entertaining 8 0.03 0n/an/an/an/a

Agricultural Real Estate in Riverview, Florida

268( .88%) of the properties in Riverview are classified as Agricultural. 4 of them sold between January 1st, 2014 and June 1st, 2014. The total value of these sales was $2,615,000. The median sales price was $725,000. In 2014 the median sales price for Agricultural in Riverview was $412 per sq ft.

Commercial Real Estate in Riverview, Florida

0( .00%) of the properties in Riverview are classified as Commercial.

Government Real Estate in Riverview, Florida

238( .78%) of the properties in Riverview are classified as Government.

Hotel & Motel Real Estate in Riverview, Florida

1( .00%) of the properties in Riverview are classified as Hotel & Motel.

Industrial Real Estate in Riverview, Florida

208( .68%) of the properties in Riverview are classified as Industrial. 3 of them sold between January 1st, 2014 and April 1st, 2014. The total value of these sales was $658,400. The median sales price was $82,500. In 2014 the median sales price for Industrial in Riverview was $46 per sq ft.

Miscellaneous Real Estate in Riverview, Florida

15( .05%) of the properties in Riverview are classified as Miscellaneous.

Mobile/Manufactured Real Estate in Riverview, Florida

2,026( 6.65%) of the properties in Riverview are classified as Mobile/Manufactured. 70 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $10,385,600. The median sales price was $43,550. In 2014 the median sales price for A Class Mobile/Manufactured in Riverview was $51 per sq ft, B Class properties sold for $28/ft and C Class $13/ft.

Multifamily Real Estate in Riverview, Florida

64( .21%) of the properties in Riverview are classified as Multifamily. 6 of them sold between February 1st, 2014 and August 1st, 2014. The total value of these sales was $52,915,100. The median sales price was $4,645,050. In 2014 the median sales price for Multifamily in Riverview was $67 per sq ft.

Office Real Estate in Riverview, Florida

110( .36%) of the properties in Riverview are classified as Office. 8 of them sold between January 1st, 2014 and July 1st, 2014. The total value of these sales was $2,696,900. The median sales price was $346,100. In 2014 the median sales price for Office in Riverview was $181 per sq ft.

Residential Real Estate in Riverview, Florida

26,990( 88.61%) of the properties in Riverview are classified as Residential. 1,721 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $244,299,231. The median sales price was $135,000. In 2014 the median sales price for A Class Residential in Riverview was $91 per sq ft, B Class properties sold for $70/ft and C Class $41/ft.

Residential Real Estate in Riverview, Florida

0( .00%) of the properties in Riverview are classified as Residential.

Retail Real Estate in Riverview, Florida

213( .70%) of the properties in Riverview are classified as Retail. 11 of them sold between January 1st, 2014 and July 1st, 2014. The total value of these sales was $29,141,800. The median sales price was $2,000,000. In 2014 the median sales price for Retail in Riverview was $155 per sq ft.

Senior Housing Real Estate in Riverview, Florida

2( .01%) of the properties in Riverview are classified as Senior Housing.

Special Purpose Real Estate in Riverview, Florida

318( 1.04%) of the properties in Riverview are classified as Special Purpose. 4 of them sold between January 1st, 2014 and July 1st, 2014. The total value of these sales was $12,157,500. The median sales price was $288,750. In 2014 the median sales price for Special Purpose in Riverview was $54 per sq ft.

Sports & Entertaining Real Estate in Riverview, Florida

8( .03%) of the properties in Riverview are classified as Sports & Entertaining.

Riverview, Hillsborough County Market Data

Riverview Real Estate
Property UsageProperty CountTotal Sq Ft
Agricultural 199 572,275
Government Property 268 2,226,643
Health Care 2 106,574
Hotel & Motel 1 79,751
Industrial 124 3,603,628
Land 3,577 328,925
Miscellaneous Property 16 36,276
Mobile/Manufactured 1,960 2,879,673
Multifamily 60 3,806,675
Office 116 1,419,632
Residential 29,207 58,915,979
Retail 215 3,250,779
Senior Housing 1 55,316
Special Purpose 102 1,168,236
Sports & Entertaining 5 70,075

Riverview Median Property Values per Sq Ft

Riverview Median Property Values per Sq Ft by Property Class
Property Class Class AClass BClass C
UsageYear SaleLease SaleLease SaleLease
Auto sales, auto repair and storage or auto service shop 2016 $421$49 $139$27 $58$13
Bowling alley, skating rink, pool hall or enclosed arena 2016 $587$37 $251$17 $37$7
Church 2016 $245$21 $138$16 $62$11
Club, lodge or union hall 2016 $208$21 $72$16 $38$11
Community Shopping Center 2016 $421$49 $139$27 $58$13
Condominium 2016 $89$16 $47$16 $42$16
Cooperative 2016 $152$16 $93$16 $60$16
County Owned 2016 $208$32 $72$19 $38$13
Cropland soil capability Class I 2016 $183$32 $58$22 $34$16
Dairies, feed lots 2016 $245$32 $138$22 $62$16
Department Store 2016 $421$49 $139$27 $58$13
Drive-in Restaurant 2016 $421$49 $139$27 $58$13
Enclosed theater or auditorium 2016 $587$37 $251$17 $37$7
Federal Owned 2016 $208$32 $72$19 $38$13
Financial institution (bank, saving and loan company, mortgage company, credit services) 2016 $421$49 $139$27 $58$13
Golf course or driving range 2016 $587$37 $251$17 $37$7
Grazing land soil capability Class I 2016 $245$32 $138$22 $62$16
Hotel or motel 2016 $587$33 $251$33 $37$33
Light manufacturing 2016 $587$13 $251$12 $37$9
Mineral processing, cement plant,refinery, clay plants or gravel plant 2016 $587$13 $251$12 $37$9
Mixed use - store and office or store and residential or residential combination 2016 $421$49 $139$27 $58$13
Mobile Home 2016 $74$6 $43$6 $26$6
Mortuary, cemetery or crematorium 2016 $245$21 $138$16 $62$11
Multi-family - 10 units or more 2016 $183$13 $65$11 $38$7
Multi-family - less than 10 units 2016 $152$13 $93$11 $60$7
Municipal Owned 2016 $208$32 $72$19 $38$13
Nightclub, cocktail lounge or bar 2016 $587$37 $251$17 $37$7
Office building, non-professional service building, multi-story 2016 $264$28 $125$25 $72$19
Office building, non-professional service building, one story 2016 $264$28 $125$25 $72$19
Open storage (building supplies, auto wrecking, fuel, equipment or material storage) 2016 $183$13 $58$12 $34$9
Orchard Groves, Citrus, etc. 2016 $245$32 $138$22 $62$16
Ornamentals, miscellaneous agricultural 2016 $245$32 $138$22 $62$16
Orphanage, other non-profit or charitable services 2016 $245$21 $138$16 $62$11
Poultry, bees, tropical fish, rabbits, etc. 2016 $245$32 $138$22 $62$16
Private school or college 2016 $245$21 $138$16 $62$11
Privately owned hospital 2016 $245$25 $138$17 $62$11
Professional service building 2016 $264$28 $125$25 $72$19
Public county school 2016 $208$32 $72$19 $38$13
Repair service shop (excluding automotive) 2016 $421$49 $139$27 $58$13
Restaurant, cafeteria 2016 $421$49 $139$27 $58$13
Retirement Home not eligible for exemption. 2016 $152$15 $93$10 $60$9
Single Family 2016 $104$16 $87$16 $68$16
State Owned 2016 $208$32 $72$19 $38$13
Store, one story 2016 $421$49 $139$27 $58$13
Supermarket 2016 $421$49 $139$27 $58$13
Timberland not classified by site index to Pines 2016 $183$32 $58$22 $34$16
Undefined - Reserved for Use by Department of Revenue 2016 $152$16 $93$16 $60$16
Utility 2016 $208$42 $72$15 $38$6
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 2016 $183$13 $58$12 $34$9