Lake Butler: Housing & Real Estate
Homes in Lake Butler carry a median value of $167,800, with median rent $774 (about the same as Union County median $785; 2.0× below Florida median $1,564). Homeownership rate: 42.1%. That's 1.1× higher than the Union County median ($146,200); 1.9× below the Florida median ($325,000). A municipal building code is in effect.
- 3.4× annual income — home value vs. household income (vs Florida 5.1×).
- 18.1 years to break even renting at the median (vs Florida 18y).
Home Values & Rent
Median home value $167,800 — 0.5× the Florida median ($369,200). Median rent $774/month. homeownership rate 42.1% — below the U.S. share of ~65%.
| Median Home Value | $167,800 (vs Florida $369,200) |
|---|---|
| Median Rent | $774 (vs Florida $1,711) |
Other
| Homeownership Rate | 42.1% (vs Florida 64.3%) |
|---|---|
| Median Year Built | 1973 |