1st Advantage MortgageCitrus County (162,472 residents) has a $56,546 median household income and $1,107 median rent, by the latest Census five-year survey. Whatever your own numbers, compare written offers on APR, fees and total cost, and verify the lender is licensed in Florida before sharing details.
On this page
- Citrus County, FL: the basics
- Household income in Citrus County
- Renting and owning in Citrus County
- Where Citrus County works
- Citrus County against other Florida counties
- Citrus County communities by population
- The counties around Citrus County
- Citrus County demographics against Florida
- Budget math at the Citrus County median
- Borrowing situations common in Citrus County
- Florida rules that apply in Citrus County
- Before you sign
- Keep exploring
- Frequently asked questions
Citrus County, FL: the basics
The latest five-year Census estimate puts Citrus County's population at 162,472; only 31 of Florida's 67 county-level areas are larger. Land area is 582 square miles (2024 Gazetteer), so density runs near 279 per square mile. It is one of the counties that make up the Homosassa Springs, FL metropolitan statistical area (OMB, 2023). Homosassa Springs is the biggest of its 15 Census places, at roughly 15,701 people (10% of the county total).
Household income in Citrus County
At $56,546, the typical Citrus County household income is 14% below the median U.S. county ($65,681).
| Households earning | Citrus County | +/- vs Florida |
|---|---|---|
| Under $35,000 | 30.3% | +8.0 pts |
| $35,000 to $99,999 | 44.6% | +3.6 pts |
| $100,000 to $199,999 | 19.5% | -6.1 pts |
| $200,000 or more | 5.6% | -5.4 pts |
About 30% of households earn under $35,000, while 25% clear $100,000. Census counts 15.6% of Citrus County residents in poverty, against 12.6% across Florida. None of these numbers decides a Citrus County application. Lenders weigh your own documented income against your own debts.
Renting and owning in Citrus County
Renters in Citrus County pay a median of $1,107 a month, 34% below the Florida figure of $1,669. 56% of renting households spend 30% or more of income on rent, and 31% spend half or more. Home values center on $245,500, or 4.3 years of median income. In Citrus County, 85% of occupied homes are owned by the people living in them. The median year built is 1990.
| Citrus County | Florida | Difference | |
|---|---|---|---|
| Median gross rent | $1,107/mo | $1,669/mo | 34% lower |
| Median home value | $245,500 | $359,000 | 32% lower |
| Owners | 85% | 68% | +17.6 pts |
| Rent-burdened renters | 56% | 60% | -4.1 pts |
| Burdened owners | 34% | 35% | -1.5 pts |
| Mobile homes | 21.1% | 8.0% | +13.1 pts |
| Vacant units | 16% | 15% | +1.4 pts |
Because most Citrus County households own, home repairs are a frequent reason to borrow. An unsecured personal loan leaves the house out of the deal, while a HELOC uses it as collateral. When half or more of renters are already stretched, a new payment needs a stress test: what happens if a paycheck is a week late?
Where Citrus County works
Education and health care employs 23% of working residents, the largest share; retail trade is next with 15%. Compared with Florida, the county leans toward retail trade (15% against 12%). The survey's unemployment rate for Citrus County averages 6.4% over 2020 to 2024 (state: 4.8%). 19% of commuters travel 45 minutes or more each way, and 14% work from home. Households without a car make up 4.3% of the total (6.0% statewide).
| Top industries | Citrus County share | +/- vs Florida |
|---|---|---|
| Education and health care | 22.7% | +1.7 pts |
| Retail trade | 15.1% | +3.1 pts |
| Arts, lodging and food service | 10.5% | -0.4 pts |
| Professional and administrative services | 9.8% | -4.3 pts |
| Construction | 8.7% | +0.5 pts |
| Transportation, warehousing and utilities | 6.6% | +0.2 pts |
Industry shapes paperwork. Salaried and public jobs are easy to verify, while hourly, tipped, commission or contract earners in Citrus County should have bank statements and tax returns ready.
Citrus County against other Florida counties
- Citrus County ranks 3rd highest of 67 Florida counties for homeownership: 85%, against 68% statewide. An owner-heavy county means repairs are a common reason to borrow.
- Few Florida counties match Citrus County on median age: 56.9 here, 42.6 for the state, ranking 4th highest of 67. Retirement income counts when documented; favor loans with no prepayment penalty.
- Citrus County ranks 11th highest of 67 Florida counties for the ACS unemployment rate: 6.4%, against 4.8% statewide. Job gaps can make income hard to document; gather records first.
Citrus County communities by population
Here are the 14 most populous of the county's 15 Census places, with income and rent from the same 2020 to 2024 survey. About 71% of Citrus County residents live in one of the 15. Among places of 500 or more people, median income runs from $43,076 in Hernando to $96,305 in Black Diamond. None of the 15 has its own city guide, so this page covers all of them.
| Place in county | Status | Population (ACS) | Median HH income | Monthly rent | Distance from center |
|---|---|---|---|---|---|
| Homosassa Springs | CDP | 15,701 | $48,049 | $939 | 4 mi |
| Citrus Springs | CDP | 12,215 | $68,011 | $1,324 | 13 mi |
| Sugarmill Woods | CDP | 10,782 | $71,426 | $1,276 | 9 mi |
| Pine Ridge | CDP | 10,762 | $71,014 | $1,530 | 9 mi |
| Beverly Hills | CDP | 9,650 | $46,488 | $1,199 | 10 mi |
| Citrus Hills | CDP | 9,304 | $85,837 | $1,527 | 10 mi |
| Hernando | CDP | 9,299 | $43,076 | $964 | 14 mi |
| Inverness | city | 7,770 | $43,523 | $975 | 15 mi |
| Inverness Highlands South | CDP | 7,449 | $60,750 | $1,289 | 16 mi |
| Lecanto | CDP | 7,398 | $56,215 | $1,304 | 6 mi |
| Floral City | CDP | 5,437 | $62,025 | $617 | 20 mi |
| Crystal River | city | 3,638 | $54,405 | $880 | 3 mi |
| Inverness Highlands North | CDP | 2,830 | $63,281 | $2,557 | 13 mi |
| Homosassa | CDP | 1,942 | $52,154 | $3,501 | 5 mi |
CDPs are unincorporated communities the Census Bureau defines for counting.
The counties around Citrus County
Nearest neighbors first, measured between county centers (21 to 54 miles). All of the six report a higher median household income than Citrus County; Sumter County is highest at $76,508 and Levy County lowest at $56,750.
| County | Miles | Median household income | Median rent | Homeownership |
|---|---|---|---|---|
| Citrus County | - | $56,546 | $1,107/mo | 85% |
| Hernando County, FL | 21 mi | $66,058 | $1,298/mo | 83% |
| Levy County, FL | 32 mi | $56,750 | $850/mo | 81% |
| Sumter County, FL | 33 mi | $76,508 | $1,269/mo | 88% |
| Pasco County, FL | 38 mi | $70,492 | $1,505/mo | 76% |
| Marion County, FL | 41 mi | $61,010 | $1,277/mo | 77% |
| Lake County, FL | 54 mi | $73,161 | $1,586/mo | 78% |
Citrus County demographics against Florida
21% of Citrus County adults 25 and older hold a bachelor's degree or more. About 10% go without health insurance.
| Indicator | Citrus County | +/- Florida | +/- U.S. county |
|---|---|---|---|
| Median age | 56.9 | +14.3 yrs | +15.4 yrs |
| Bachelor's or higher | 20.6% | -13.5 pts | -1.5 pts |
| Poverty rate | 15.6% | +3.0 pts | +2.4 pts |
| Work from home | 13.6% | -2.1 pts | +4.9 pts |
| No vehicle | 4.3% | -1.7 pts | -1.1 pts |
| Unemployment (ACS) | 6.4% | +1.5 pts | +1.9 pts |
| No high school diploma | 8.6% | -1.5 pts | n/a |
| No health insurance | 10.4% | -1.2 pts | +2.5 pts |
| Minutes to work | Citrus County workers |
|---|---|
| Under 15 min | 27.4% |
| 15 to 29 min | 35.6% |
| 30 to 44 min | 18.0% |
| 45 to 59 min | 9.8% |
| 60+ min | 9.2% |
Budget math at the Citrus County median
The debt-to-income ratio is the main affordability test lenders use. Applied to Citrus County's medians:
- Median income divided by twelve: $4,712 before taxes
- Less median rent of $1,107, which is 23% of it
- Under a 43% cap, $2,026 total minus rent leaves $919
A household below the $56,546 median has less room than this, often none.
Borrowing situations common in Citrus County
Where the Citrus County numbers stand out, and why it matters for a loan:
- Hospital bills in Citrus County. For the 10% of residents without coverage, the provider's charity-care program comes before any loan (details).
- Long drives. With 19% of commutes over 45 minutes, tires and repairs are fixed costs in many Citrus County budgets.
- Manufactured housing (21%). Citrus County owners should get two written repair quotes before borrowing.
- Benefit income. With half of residents older than 57, lenders often see pension and Social Security income, which counts like wages.
Florida rules that apply in Citrus County
Before sharing details with a lender, a Citrus County resident can confirm its license with the Florida Office of Financial Regulation. Banks and credit unions have their own regulators, and the CFPB takes complaints about any lender. The Florida page has statewide figures to set beside Citrus County's.
Before you sign
Quick steps for Citrus County:
- Know the exact dollar figure you need before talking to a lender.
- Line up offers side by side: APR, fees in dollars, total cost.
- Verify the Florida license before giving out your Social Security number.
- Lock paid-off cards after consolidating so balances stay at zero.
Keep exploring
For statewide rules and data, see the Florida guide.
Frequently asked questions
Is Citrus County a high-income county?
Its $56,546 median ranks 54th of 67 Florida counties and compares with $65,681 for the median U.S. county.
Is Citrus County expensive for renters?
Median rent is $1,107 against $1,669 statewide, and 56% of renter households are cost-burdened.
I live in a small Citrus County town. Is this my guide?
Yes. If your town has no city guide, this county page is the local one; it covers Homosassa Springs, Citrus Springs, Sugarmill Woods, Pine Ridge, Beverly Hills and 10 more.
Does my county matter to the questionnaire?
Only your state does. Whether you live in Citrus County or elsewhere in Florida, the same rules apply.
Is there a Citrus County office that licenses lenders?
No, licensing is statewide. In Florida it is the Florida Office of Financial Regulation.