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Lutz, Florida

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
27,106
Population
$120,031
Median Income
$486,500
Home Value
41.3
Median Age

Demographics

Lutz has a population of 27,106 with a median age of 41.3. Here is the racial and ethnic breakdown of the population:

White
64.9%
Hispanic
19.9%
Black
9.0%
Asian
6.8%
Demographic Value
Total Population27,106
Median Age41.3
White64.9%
Black or African American9.0%
Asian6.8%
Hispanic or Latino19.9%
Lutz, Florida — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 101.White: 64.5%Hispanic/Latino: 19.8%Black: 8.9%Asian: 6.8%27,106PopulationWhiteWhite64.5%Hispanic/LatinoHispanic/Latino19.8%BlackBlack8.9%AsianAsian6.8%

Income & Economy

The median household income in Lutz is $120,031, which is 48.9% above the national median of $80,610. The per capita income is $56,522. The poverty rate is 6.1%.

$120,031
Median Household Income
$56,522
Per Capita Income
6.1%
Poverty Rate

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Education

In Lutz, 97.0% of residents age 25+ have a high school diploma or higher, and 49.6% hold a bachelor's degree or higher (25.5% with a graduate or professional degree).

HS Diploma+
97.0%
Bachelor's+
49.6%
Graduate+
25.5%
Education Level % of Adults (25+)
High School Diploma or Higher97.0%
Bachelor's Degree or Higher49.6%
Graduate or Professional Degree25.5%

Housing

The median home value in Lutz is $486,500, above the national median of $303,400. The median monthly rent is $1,823. The homeownership rate is 78.5%.

$486,500
Median Home Value
$1,823/mo
Median Rent
78.5%
Homeownership Rate
Housing Metric Value
Median Home Value$486,500
Median Monthly Rent$1,823
Homeownership Rate78.5%
Vacancy Rate4.8%

Salaries in Florida

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Frequently Asked Questions

What is the population of Lutz, Florida?
The population of Lutz, Florida is 27,106 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lutz, Florida?
The median household income in Lutz, Florida is $120,031. This is 48.9% above the national median of $80,610.
What is the median home value in Lutz, Florida?
The median home value in Lutz, Florida is $486,500. The median monthly rent is $1,823.
What percentage of people in Lutz have a college degree?
In Lutz, Florida, 49.6% of adults age 25 and older hold a bachelor's degree or higher, and 97.0% have a high school diploma or higher.
Is Lutz, Florida an affordable place to live?
The home price-to-income ratio in Lutz, Florida is 4.1x (median home value $486,500 vs. median income $120,031), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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