Valrico, Florida
Hillsborough County Real Estate - Valrico
Valrico is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 35,545. Valrico is approximately 13 miles from Tampa (population 335,709) and around 27 miles from Saint Petersburg (population 244,769).
The median age for residents of Valrico is 40.2. Around 39.4% of Valrico households include school aged children and 25.1% of households include individuals aged 65 years or over. Census records indicate 81.4% of the Valrico population are White, 8.7% are Black or African American, .2% American Indian, 3.9% Asian and 2.8% are Two or more Races.
There are 13,668 housing units in Valrico. 1,001 (7.3%) of these were reported as vacant in the 2010 Census. There are 2,126 residential rental units in Valrico. 1,943 of them were occupied in 2010 providing a residential rental vacancy rate of 8.3%.
Valrico links:
Valrico is located in Hillsborough County. It has a population of approximately 35,545 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. Valrico occupies 13.81 of the 1020.21 square miles in Hillsborough County. It had a population density of 2574.6 persons per square mile in 2010. This compared to 1204.9 for the county, 350.6 for Florida and 87.4 for the country.
2.5% ( 13,668) of the 540,190 housing units in Hillsborough County are in Valrico (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.) Valrico has a 88.4% 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 |
| Valrico | 35,545 | $64 | X | $76,016 | 13,668 | $222,100 |
Valrico's medium household income in 2011 was $76,016. 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 Valrico 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:
Valrico 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 Valrico. 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 $64 million, Valrico's economic activity represents 0.13% 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 | $2 | 3.3% |
| Retail sales | $57 | 88.8% |
| Accommodation and food services sales | $5 | 8.0% |
| Total | $64 | 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 |
Valrico Real Estate
There are 21,098 properties in Valrico. 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 | 66 | 0.31 | 2 | $929,800 | $429 | February 1st, 2014 | June 1st, 2014 |
| Commercial Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
| Government Property | 125 | 0.59 | 0 | n/a | n/a | n/a | n/a |
| Industrial | 56 | 0.27 | 0 | n/a | n/a | n/a | n/a |
| Miscellaneous Property | 10 | 0.05 | 0 | n/a | n/a | n/a | n/a |
| Mobile/Manufactured | 355 | 1.68 | 16 | $51,050 | $35 | January 1st, 2014 | August 1st, 2014 |
| Multifamily | 13 | 0.06 | 0 | n/a | n/a | n/a | n/a |
| Office | 67 | 0.32 | 2 | $237,000 | $84 | August 1st, 2014 | August 1st, 2014 |
| Residential | 20,116 | 95.35 | 971 | $157,500 | $76 | January 1st, 2014 | September 1st, 2014 |
| Residential Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
| Retail | 136 | 0.64 | 6 | $610,800 | $155 | February 1st, 2014 | August 1st, 2014 |
| Special Purpose | 150 | 0.71 | 3 | $100,000 | $56 | February 1st, 2014 | July 1st, 2014 |
| Sports & Entertaining | 4 | 0.02 | 0 | n/a | n/a | n/a | n/a |
Agricultural Real Estate in Valrico, Florida
66( .31%) of the properties in Valrico are classified as Agricultural. 2 of them sold between February 1st, 2014 and June 1st, 2014. The total value of these sales was $1,859,600. The median sales price was $929,800. In 2014 the median sales price for Agricultural in Valrico was $429 per sq ft.
Commercial Real Estate in Valrico, Florida
0( .00%) of the properties in Valrico are classified as Commercial.
Government Real Estate in Valrico, Florida
125( .59%) of the properties in Valrico are classified as Government.
Industrial Real Estate in Valrico, Florida
56( .27%) of the properties in Valrico are classified as Industrial.
Miscellaneous Real Estate in Valrico, Florida
10( .05%) of the properties in Valrico are classified as Miscellaneous.
Mobile/Manufactured Real Estate in Valrico, Florida
355( 1.68%) of the properties in Valrico are classified as Mobile/Manufactured. 16 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $1,062,300. The median sales price was $51,050. In 2014 the median sales price for Mobile/Manufactured in Valrico was $35 per sq ft.
Multifamily Real Estate in Valrico, Florida
13( .06%) of the properties in Valrico are classified as Multifamily.
Office Real Estate in Valrico, Florida
67( .32%) of the properties in Valrico are classified as Office. 2 of them sold between August 1st, 2014 and August 1st, 2014. The total value of these sales was $474,000. The median sales price was $237,000. In 2014 the median sales price for Office in Valrico was $84 per sq ft.
Residential Real Estate in Valrico, Florida
20,116( 95.35%) of the properties in Valrico are classified as Residential. 971 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $167,459,888. The median sales price was $157,500. In 2014 the median sales price for A Class Residential in Valrico was $98 per sq ft, B Class properties sold for $76/ft and C Class $50/ft.
Residential Real Estate in Valrico, Florida
0( .00%) of the properties in Valrico are classified as Residential.
Retail Real Estate in Valrico, Florida
136( .64%) of the properties in Valrico are classified as Retail. 6 of them sold between February 1st, 2014 and August 1st, 2014. The total value of these sales was $4,607,600. The median sales price was $610,800. In 2014 the median sales price for Retail in Valrico was $155 per sq ft.
Special Purpose Real Estate in Valrico, Florida
150( .71%) of the properties in Valrico are classified as Special Purpose. 3 of them sold between February 1st, 2014 and July 1st, 2014. The total value of these sales was $331,000. The median sales price was $100,000. In 2014 the median sales price for Special Purpose in Valrico was $56 per sq ft.
Sports & Entertaining Real Estate in Valrico, Florida
4( .02%) of the properties in Valrico are classified as Sports & Entertaining.
Valrico, Hillsborough County Market Data
| Property Usage | Property Count | Total Sq Ft |
|---|---|---|
| Agricultural | 45 | 61,920 |
| Government Property | 142 | 1,050,451 |
| Industrial | 14 | 290,579 |
| Land | 356 | 162,134 |
| Miscellaneous Property | 10 | 5,186 |
| Mobile/Manufactured | 342 | 508,060 |
| Multifamily | 12 | 401,075 |
| Office | 64 | 197,738 |
| Residential | 20,378 | 47,550,415 |
| Retail | 132 | 1,427,172 |
| Senior Housing | 1 | 2,940 |
| Special Purpose | 60 | 514,834 |
| Sports & Entertaining | 4 | 83,524 |
Valrico Median Property Values per Sq Ft
| Property Class | Class A | Class B | Class C | ||||
|---|---|---|---|---|---|---|---|
| Usage | Year | Sale | Lease | Sale | Lease | Sale | Lease |
| Auto sales, auto repair and storage or auto service shop | 2016 | $264 | $36 | $125 | $26 | $72 | $14 |
| Church | 2016 | $245 | $20 | $138 | $16 | $62 | $12 |
| Club, lodge or union hall | 2016 | $208 | $20 | $72 | $16 | $38 | $12 |
| Community Shopping Center | 2016 | $421 | $36 | $139 | $26 | $58 | $14 |
| Condominium | 2016 | $152 | $16 | $93 | $16 | $60 | $16 |
| County Owned | 2016 | $208 | $30 | $72 | $15 | $38 | $7 |
| Cropland soil capability Class I | 2016 | $183 | $36 | $58 | $25 | $34 | $19 |
| Dairies, feed lots | 2016 | $245 | $36 | $138 | $25 | $62 | $19 |
| Drive-in Restaurant | 2016 | $264 | $36 | $125 | $26 | $72 | $14 |
| Enclosed theater or auditorium | 2016 | $587 | $37 | $251 | $17 | $37 | $7 |
| Federal Owned | 2016 | $208 | $30 | $72 | $15 | $38 | $7 |
| Financial institution (bank, saving and loan company, mortgage company, credit services) | 2016 | $264 | $36 | $125 | $26 | $72 | $14 |
| Golf course or driving range | 2016 | $587 | $37 | $251 | $17 | $37 | $7 |
| Grazing land soil capability Class I | 2016 | $245 | $36 | $138 | $25 | $62 | $19 |
| Mixed use - store and office or store and residential or residential combination | 2016 | $421 | $36 | $139 | $26 | $58 | $14 |
| Mobile Home | 2016 | $79 | $6 | $43 | $6 | $25 | $6 |
| Mortuary, cemetery or crematorium | 2016 | $208 | $20 | $72 | $16 | $38 | $12 |
| Multi-family - 10 units or more | 2016 | $79 | $22 | $43 | $13 | $25 | $7 |
| Multi-family - less than 10 units | 2016 | $152 | $22 | $93 | $13 | $60 | $7 |
| Municipal Owned | 2016 | $208 | $30 | $72 | $15 | $38 | $7 |
| Office building, non-professional service building, multi-story | 2016 | $264 | $24 | $125 | $23 | $72 | $19 |
| Office building, non-professional service building, one story | 2016 | $264 | $24 | $125 | $23 | $72 | $19 |
| Open storage (building supplies, auto wrecking, fuel, equipment or material storage) | 2016 | $183 | $17 | $58 | $10 | $34 | $5 |
| Orchard Groves, Citrus, etc. | 2016 | $245 | $36 | $138 | $25 | $62 | $19 |
| Ornamentals, miscellaneous agricultural | 2016 | $245 | $36 | $138 | $25 | $62 | $19 |
| Orphanage, other non-profit or charitable services | 2016 | $208 | $20 | $72 | $16 | $38 | $12 |
| Private school or college | 2016 | $208 | $20 | $72 | $16 | $38 | $12 |
| Professional service building | 2016 | $264 | $24 | $125 | $23 | $72 | $19 |
| Public county school | 2016 | $208 | $30 | $72 | $15 | $38 | $7 |
| Repair service shop (excluding automotive) | 2016 | $264 | $36 | $125 | $26 | $72 | $14 |
| Restaurant, cafeteria | 2016 | $264 | $36 | $125 | $26 | $72 | $14 |
| Retirement Home not eligible for exemption. | 2016 | $152 | $15 | $93 | $10 | $60 | $9 |
| Single Family | 2016 | $110 | $16 | $92 | $16 | $71 | $16 |
| State Owned | 2016 | $208 | $30 | $72 | $15 | $38 | $7 |
| Store, one story | 2016 | $421 | $36 | $139 | $26 | $58 | $14 |
| Supermarket | 2016 | $421 | $36 | $139 | $26 | $58 | $14 |
| 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 | $17 | $58 | $10 | $34 | $5 |