Living in Lutz, Florida
Cost of living, income, home prices, rent and demographics of Lutz · Census data 2020–2024
Lutz has 27,106 residents with a median age of 41.3. The median household income is $120,031 (61% higher than the Florida median), the median home value is $486,500, the median rent is $1,823/month.
Lutz at a glance
- Population
- 27,106
- Median age
- 41.3State: 42.6
- Median household income
- $120,031State: $74,568
- Median home value
- $486,500State: $359,000
- Median rent
- $1,823/moState: $1,669
- Homeowners
- 78.5%
- Bachelor's degree or higher
- 49.6%
- Average commute
- 32 min
Is Lutz a good place to live?
Pros: Median household income 61% higher than the Florida median; unemployment of 2.6%; a poverty rate of 6.1%.
Cons: Home values 36% higher than the state median; an average commute of 32 minutes.
The weather is best in February–March and November–December.
Cost of living in Lutz
Housing is the biggest part of the cost of living. In Lutz the median home value is $486,500, 46% higher than the U.S. median. Renters pay a median of $1,823 per month, which is 35.9% of household income. Homeowners with a mortgage pay $2,360 a month in housing costs.
Lutz median household income
The median household income in Lutz is $120,031 and the income per person is $56,522. 6.1% of residents live below the poverty line (Florida: 12.6%).
Housing in Lutz: homes for sale and rent
- Housing units
- 10,071
- Owner-occupied
- 78.5%
- Renter-occupied
- 21.5%
- Vacant
- 4.8%Includes seasonal homes
- Median year built
- 1990
- Average household size
- 2.79
Lutz demographics
- Population
- 27,106
- Median age
- 41.3
- Under 18
- 24.8%
- 65 and older
- 18.1%
- Households
- 9,589
- Foreign-born
- 10.5%
- Veterans
- 8.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Lutz ›
Education in Lutz
49.6% of adults 25 and older in Lutz have a bachelor's degree or higher (Florida: 34.1%), and 25.5% have a graduate or professional degree.
Jobs and commute in Lutz
- Unemployment rate
- 2.6%State: 4.8%
- Average commute
- 32 minState: 28 min
- Work from home
- 24.8%
- Drive alone
- 68.6%
- Public transit
- 0.4%
- Walk to work
- 0.7%
- Homes with broadband
- 96.8%
Lutz vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lutz | 27,106 | $120,031 | $486,500 | $1,823 |
| Cheval | 13,969 | $101,907 | $525,700 | $1,442 |
| Lake Magdalene | 32,083 | $75,594 | $371,800 | $1,434 |
| University | 48,127 | $37,207 | $164,900 | $1,295 |
| Land O' Lakes | 38,910 | $98,568 | $377,400 | $2,045 |
| Northdale | 25,710 | $94,926 | $418,900 | $1,797 |
| Pebble Creek | 10,447 | $110,085 | $435,900 | $2,320 |
| Odessa | 8,381 | $117,806 | $497,100 | $1,909 |
| Carrollwood | 36,725 | $81,959 | $384,600 | $1,715 |
More for people moving to Lutz
Lutz ZIP code ›Weather and climate ›Living in Lutz: FAQ
What is the median household income in Lutz, FL?
The median household income in Lutz is $120,031, 61% higher than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lutz?
The median home value in Lutz is $486,500, compared with $359,000 in Florida.
How much is rent in Lutz?
The median gross rent in Lutz is $1,823 per month, about 35.9% of household income.
Is Lutz, FL a good place to live?
Pluses: median household income 61% higher than the Florida median; unemployment of 2.6%; a poverty rate of 6.1%. Minuses: home values 36% higher than the state median; an average commute of 32 minutes.
What is the median age in Lutz?
The median age in Lutz is 41.3 years (Florida: 42.6).
How long is the commute in Lutz?
The average commute to work in Lutz is 32 minutes; 24.8% of workers work from home.
What is the unemployment rate in Lutz?
The unemployment rate in Lutz is 2.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lutz?
49.6% of adults in Lutz have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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