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Sanford Florida Real Estate Market Facts - Everything You Need To Know!

 

Orlando Florida Real Estate Resource

Sanford Florida Real Estate Market Facts - Everything You Need To Know!

 

Sanford Florida - By crossfirecw
Photo By crossfirecw

 

Here Are Some Local Factors That Affect Home Values In Sanford Florida

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Looking for specific information regarding Sanford Florida real estate prices and communities?    Get Your Free Market Snapshot.

Read Also:  Orlando Florida Facts & Resources

City Overview

As of 2007, Sanford's population was 49,124 people. Since 2000, it has had a population growth of 28.29 percent.

The median home cost in Sanford is $284,700. Home appreciation the last year has been -1.36 percent.

Compared to the rest of the country, Sanford's cost of living is 4.43% Lower than the U.S. average.

Sanford public schools spend $4,922 per student. The average school expenditure in the U.S. is $6,058. There are about 15 students per teacher in Sanford.

The unemployment rate in Sanford is 3.80 percent(U.S. avg. is 4.60%). Recent job growth is Positive. Sanford jobs have Increased by 2.78 percent.


People

The 2007 Sanford, FL, population is 49,124. There are 2,569 people per square mile (population density).

Family in Sanford, FL

The median age is 33.8. The US median is 37.6. 42.13% of people in Sanford, FL, are married. 15.06% are divorced.

The average household size is 2.51 people. 17.34% of people are married, with children. 13.91% have children, but are single.

Race in Sanford, FL

56.07% of people are white, 33.84% are black, 1.31% are asian, 0.42% are native american, and 8.40% claim 'Other'.

13.04% of the people in Sanford, FL, claim hispanic ethnicity (meaning 86.96% are non-hispanic).

People

Sanford, FL

United States

Population

49,124

293,655,400

Pop. Density

2,569

80

Pop. Change

28.29%

5.88%

Median Age

33.8

37.6

Households

18,620

108,954,329

Household Size

2.51

2.6

Male Population

49.70%

48.65%

Female Population

50.30%

51.35%

Married Population

48.01%

58.89%

Single Population

51.99%

41.11%


Economy

The unemployment rate in Sanford, FL, is 3.80%, with job growth of 2.78%. Future job growth over the next ten years is predicted to be 27.37%.

Sanford, FL Taxes

Sanford, FL,sales tax rate is 7.00%. Income tax is 0.00%.

Sanford, FL Income and Salaries

The income per capita is $17,653, which includes all adults and children. The median household income is $36,371.

Economy

Sanford, FL

United States

Unemployment Rate

3.80%

4.60%

Recent Job Growth

2.78%

1.40%

Future Job Growth

27.37%

11.90%

Sales Taxes

7.00%

6.00%

Income Taxes

0.00%

5.02%

Income per Cap.

$17,653

$24,020

Household Income

$36,371

$44,684

ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME

   

Income Less Than 15K

18.57%

13.64%

Income between 15K and 25K

15.28%

11.21%

Income between 25K and 35K

15.48%

11.46%

Income between 35K and 50K

17.85%

15.84%

Income between 50K and 75K

18.14%

19.28%

Income between 75K and 100K

7.79%

11.53%

Income between 100K and 150K

5.19%

10.70%

Income between 150K and 250K

1.35%

4.43%

Income between 250K and 500K

0.31%

1.31%

Income greater than 500K

0.03%

0.61%

POPULATION BY OCCUPATION

   

Management, Business, and Financial Operations

9.71%

13.61%

Professional and Related Occupations

16.34%

20.24%

Service

17.89%

14.75%

Sales and Office

29.29%

26.74%

Farming, Fishing, and Forestry

0.23%

0.74%

Construction, Extraction, and Maintenance

11.87%

9.48%

Production, Transportation, and Material Moving

14.67%

14.44%


Housing

The median home value in Sanford, FL, is $284,700. Home appreciation is -1.36% over the last year. The median age of Sanford, FL, real estate is 23 years.

Sanford, FL Apartments and Rentals

Renters make up 41.78% of the Sanford, FL, population. 8.70% of houses and apartments in Sanford, FL, are unoccupied (vacancy rate).

Housing

Sanford, FL

United States

Median Home Age

23

27

Median Home Cost

$284,700

$217,200

Home Appreciation

-1.36%

9.80%

Homes Owned

49.72%

64.07%

Housing Vacant

8.70%

14.48%

Homes Rented

41.78%

21.45%

Property Tax Rate

$12.46

$13.28

OWNER-OCCUPIED HOUSING UNITS BY VALUE

   

Less Than $20,000

3.21%

3.01%

$20,000 to $39,999

2.59%

4.37%

$40,000 to $59,999

6.42%

5.74%

$60,000 to $79,999

10.88%

7.07%

$80,000 to $99,999

19.40%

8.41%

$100,000 to $149,999

37.66%

19.74%

$150,000 to $199,999

11.88%

14.06%

$200,000 to $299,999

6.63%

16.59%

$300,000 to $399,999

0.66%

8.21%

$400,000 to $499,999

0.30%

4.53%

$500,000 to $749,999

0.16%

4.75%

$1,000,000 or more

0.01%

1.86%

HOUSING UNITS BY YEAR STRUCTURE BUILT

   

1999 to October 2005

21.62%

10.15%

1995 to 1998

6.19%

6.69%

1990 to 1994

6.54%

6.70%

1980 to 1989

20.66%

14.75%

1970 to 1979

14.94%

17.11%

1960 to 1969

8.98%

12.78%

1950 to 1959

10.09%

11.64%

1940 to 1949

3.78%

6.64%

1939 or Earlier

7.19%

13.55%


Health

There are 173 physicians per capita in Sanford, FL. The US average is 170.

Sanford, FL Health Index

Air quality in Sanford, FL is 32 on a scale to 100 (higher is better). This is based on ozone alert days and number of pollutants in the air, as reported by the EPA.

Water quality in Sanford, FL is 60 on a scale to 100 (higher is better). The EPA has a complex method of measuring watershed quality using 15 indicators.

Superfund index is 99 on a scale to 100 (higher is better). This is upon the number and impact of EPA Superfund pollution sites in the county, including spending on the cleanup efforts.

Health

Sanford, FL

United States

Air Quality (100=best)

32

48

Water Quality (100=best)

60

55

Superfund Sites (100=best)

99

71

Physicians per 100k

172.8

169.7


Crime

Sanford, FL, violent crime, on a scale from 1 (low crime) to 10, is 7. Violent crime is composed of four offenses: murder and nonnegligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.

Sanford, FL, property crime, on a scale from 1 (low) to 10, is 6. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.

Crime

Sanford, FL

United States

Violent Crime

7

3

Property Crime

6

3


Climate

Sanford, FL, gets 55 inches of rain per year. The US average is 37. Snowfall is 0 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 117.

On average, there are 238 sunny days per year in Sanford, FL. The July high is around 92 degrees. The January low is 48. Our comfort index, which is based on humidity during the hot months, is a 27 out of 100, where higher is more comfortable. The US average on the comfort index is 44.

Climate

Sanford, FL

United States

Rainfall (in.)

54.8

36.6

Snowfall (in.)

0

25.2

Precipitation Days

117

101

Sunny Days

238

205

Avg. July High

92

86.5

Avg. Jan. Low

47.8

20.8

Comfort Index (higher=better)

27

44

UV Index

6.5

4.3

Elevation ft.

16

1,062


Education

Sanford, FL, schools spend $4,922 per student. There are 15 pupils per teacher, 814 students per librarian, and 605 children per counselor in Sanford, FL schools.

Education

Sanford, FL

United States

School Expend.

$4,922

$6,058

Pupil/Teacher Ratio

15

15.9

Students per Librarian

814

907

Students per Counselor

605

546

2 yr College Grad.

7.52%

8.22%

4 yr College Grad.

10.41%

15.16%

Graduate Degrees

4.22%

7.16%

High School Grads.

77.44%

79.62%


Transportation

The average one-way commute in Sanford, FL, takes 29 minutes. 76% of commuters drive their own car alone. 18% carpool with others. 1% take mass transit and 2% work from home.

Transportation

Sanford, FL

United States

Commute Time

28.6

27.4

COMMUTE MODE

   

Auto (alone)

76.15%

71.32%

Carpool

17.54%

14.52%

Mass Transit

1.15%

2.00%

Work at Home

2.20%

5.46%

COMMUTE TIME TO WORK

   

Commute Less Than 15 min.

28.59%

28.89%

Commute 15 to 29 min.

34.67%

36.08%

Commute 30 to 44 min.

20.11%

19.35%

Commute 45 to 59 min.

8.79%

7.57%

Commute greater than 60 min.

7.83%

8.12%


Cost of Living

Our cost of living indices are based on a US average of 100. An amount below 100 means Sanford, FL is cheaper than the US average. A cost of living index above 100 means Sanford, FL is more expensive.

Overall, Sanford, FL cost of living is 95.57.

Costofliving

Sanford, FL

United States

Overall

96

100

Food

102

100

Utilities

101

100

Miscellaneous

97

100


Religion

36.77% of the people in Sanford, FL are religious, meaning they affiliate with a religion. 16.48% are Catholic; 13.62% are Protestant; 0.50% are LDS; 5.16% are another Christian faith; 0.99% in Sanford, FL are Jewish; 0.03% are an eastern faith; 0.00% affilite with Islam.

Religion

Sanford, FL

United States

Percent Religious

36.77%

50.03%

Catholic

16.48%

21.92%

Protestant

13.62%

19.12%

LDS

0.50%

1.57%

Baptist

5.57%

8.16%

Episcipalian

0.67%

8.12%

Pentacostal

1.42%

1.89%

Lutheran

1.85%

2.81%

Methodist

2.64%

3.84%

Presbyterian

1.47%

1.33%

Other Christian

5.16%

4.66%

Jewish

0.99%

2.16%

Eastern

0.03%

0.05%

Islam

0.00%

0.54%


Voting

41.34% of the people in Sanford, FL are registered as Democrats. 58.10% are registered Republican. Remaining are independent: 0.56%.

Voting

Sanford, FL

United States

Democrat

41.339%

48.590%

Republican

58.096%

51.070%

Independent Other

0.000%

0.066%

Independent Liberal

0.344%

0.475%

Independent Conservative

0.221%

0.447%

Read Also:  Orlando Florida City - Everything You Need To Know!

Looking for specific information regarding Sanford Florida real estate prices and communities?    Get Your Free Market Snapshot.

If you are wanting to sell your Seminole County or Orlando area home in the next 6 to12 months, now is the time to begin putting your plan into place, while time is still on your side. Please contact us for any real estate assistance you may need.

We're experts at putting people together with homes they love and can afford. Contact us today for information on Orlando and Seminole County real estate, Orlando & Seminole County homes for sale, Orlando & Seminole County relocation information, a free market analysis of your Orlando area or Seminole County home or statistics on homes in Orlando & Seminole County Florida or the surrounding Central Florida area, including Seminole County, Orange County, Lake County and Volusia County. We're always available to answer your questions.

 

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http://www.orlandofloridarealestatehomes.com/006895
Posted on March 30, 2008 00:42:26 by Christopher Myers

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