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Single-family homes “for sale” in Lutz? Check these statistics first.

Jan 24, 2022

19 min

    industry-trends

Is Lutz a good place to live?

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Are you planning to buy or build your first home, but you don't know where to have it? Let's see. 

Are you an autophile, someone who loves solitude? How about spending your day in one of the most peaceful neighborhoods considered in the United States? Does it sound good? If you do, we have a suggestion for you, build a home or look for one in Lutz. 

Lutz is located in the northern part of Hillsborough County. A culturally-rich and affluent place in the Tampa Bay Region. Residents of Lutz enjoy nature and city vibes simultaneously, which makes it autophile-friendly. Does this make you excited to look for a "house for sale" in Lutz over the internet? Before you go ahead and see, we invite you to check these statistics first to help you decide. We've grouped them into three: statistics that may impact your economic well-being, statistics that may affect your physical well-being, and statistics that may impact your mental well-being. 

Statistics that may impact your economic well-being

This section will present the economic data of Lutz we collated from various sources. 

Lutz's Population: 23,543

According to Sperling's Best Places, Lutz's population has grown about 8.9% since 2020. While it is below the average level, the fact that the population is growing is still good and is suitable for those who want to start their businesses in Lutz. Especially those who plan to sell essential goods. Based on reports, the job market in Lutz increased by 2.3%, and the future job growth in the next ten years is forecasted to be 42.6%. It is 9.1% higher than the projected growth rate for the national level. While no study directly correlates the increase in Lutz's population with employment, we can partly assume that the employment level wouldn't increase if businesses hadn't forecasted growth opportunities in Lutz. 

Here are some more statistics where Lutz performs well economically based on Sperling's Best Places and Payscale: 

  • Unemployment rate: 4.6%, 1.4% better than the U.S. national average, 6%. 
  • Average Income: $36,060, relatively higher than the national average, $28,555. 
  • Sales Tax Rate for Lutz, 7.0%. Lower by 0.3% from the national average. 
  • Income Tax: 0%. Since Lutz is part of Florida–one of the eight states that do not levy income taxes, citizens do not pay income taxes. This is comparably low compared to the 4.6% income tax in the U.S. overall. 
  • Cost of Living in Lutz, 4% lower than the national average. To know the details, you can review them here.  

Those are, by far, the statistics that we think could benefit your economic well-being. How have you found them so far? 

For now, let's move on to the next set of statistics that we believe is vital in considering whether Lutz is your place to be or not. They're only a few but worthy of being considered. 

Statistics that may impact your physical well-being

At this point, if you're already considering Lutz, here are some statistics that we think could benefit your physical well-being

  • Health Cost Index: 4.2% cheaper than the national average. 
  • Air Quality Index: 2% higher than the national average

If you want to know more about other indices, please click here

Statistics that could impact your mental well-being

When looking for a place where you want to put up your dream home, don't just consider your physical and economic benefits. Make sure that your mental well-being is being taken care of as well. Without peace of mind and joy, earning a higher wage and being fit physically are not enough. So, in this article, we've also included statistics for your mental well-being.

To add some more information, here are statistics from Numbeo that may also help you secure your mental well-being if you decide to live in Lutz. 

  • Lutz's crime rate: 29% lower than the national average
  • Ranked 26th out of 380 Best Suburbs to raise a family in Florida (Niche.com) 
  • Out of 17 responses, 82% said that policemen in Lutz are very visible and very responsive

However, note that Lutz, like any other place, is not that perfect. If you're wondering what others are saying about Lutz, please view them here

With the current state of the pandemic, when travel restrictions between borders are implemented from time to time, there is another statistic that we would like you to consider: the number of beautiful places in Lutz. Are you wondering how many activities can Lutz offer? Despite it being a small area compared to the rest of our service locations, Lutz can offer a lot more depending on what you prefer–parks, lagoons, or fun-filled activities with your friends such as skating, playing in the arcade, and bowling.

Check the list below to know the details of the places and activities you can visit in Lutz. 

Recreation

1. Walk your dog, ride a bike, jog or simply sit and enjoy the fresh air and view at the highly-maintained Lake Park (Lutz)

2. Ride on a hot air balloon and get to see the bird's eye view of Lutz at American Balloons

3. Invite your family or friends to try the expansive indoor laser tag area, ride the bumper cars, overcome obstacle courses, and play in arcades at Xtreme Adventure Family Fun Center

4. Play golf at TPC Tampa Bay, The Club at Cheval, or Heritage Harbor Golf Course

6. Solve puzzles within the time allotted along with your friends and family at Lost in Lutz Escape Room

7. Learn how to make beads and create pieces of jewelry by attending the classes conducted by Dan Balk at Dan Balk Jewelry

8. Explore your creativity or discover your artistic side at Art Bar, 1532 Land O Lakes Blvd, Lutz. 

9. Enjoy any scrapbook-related activities at the only scrapbooking store at Lutz, Scraporium.

Shopping

Have fun shopping at Tampa Premium Outlets located at 2300 Grand Cypress Drive, Lutz

Aside from those activities, if you want something different, you can look forward to the fantastic beaches in Clearwater, Pinellas County. You can also roam around various parks in Tarpon Springs and Safety Harbor. Try exciting rides in Tampa Bay CityPASS, watch concerts and shows (once restrictions are lifted), and of course, try exciting foods!

Conclusion

Lutz is not only an excellent place for autophiles. It is a strategic place that allows you to live in solitude while enjoying the perks of living in a city– amazing schools, highways, great shopping malls, and fabulous restaurants. These are just a few of the exciting things you can look forward to if you have decided to look for a “house for sale” at Lutz, Florida. 

With all the information shared above, we can confidently say that you can definitely settle at Lutz for good! Don’t wait for your retirement before starting a beautiful life at Lutz. Start now!

This article was last updated on Jun 17, 2024

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