MyNeighborhood

Can you afford to live in LUTZ?

Median household income, home values and rent in LUTZ, FL — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in LUTZ.

Median household income: $92,095 — +44.0% since 2015 (not adjusted for inflation)

Median gross rent: $1,350/mo — +44.7% since 2015

Median home value, 2015 to 2023

  • 2015: 285500
  • 2023: 485600

Median household income

  • LUTZ: 92095
  • Hillsborough County: 75011
  • FL: 71711
  • U.S.: 78538

Median gross rent

  • LUTZ: 1350
  • Hillsborough County: 1543
  • FL: 1564
  • U.S.: 1348

Share of income a typical renter spends on rent: 29.5% — U.S.: 30.2%

What it means

The typical household here earns $92,095 — notably higher than the national figure of $78,538.

The typical renter here spends 29.5% of household income on rent, below the 30% cost-burden line.

Since 2015, rent has risen faster than income here (+44.7% versus +44.0%), before adjusting for inflation.

Sources

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