The Villages, FL Metropolitan Statistical Area FL Demographic Data and Boundary Map

The Villages, FL Metropolitan Statistical Area Boundary Map

POPULATION
Total Population	138,456 (100%)
Population in Households	130,169 (94.0%)
Population in Families	105,924 (76.5%)
Population in Group Quarters¹	8,287 ( 6.0%)
Population Density	249
Diversity Index²	39


INCOME
Median Household Income	$54,801
Average Household Income	$66,662
% of Income for Mortgage⁴	21%
Per Capita Income	$31,143
Wealth Index⁵	84

HOUSING
Total HU (Housing Units)	82,552 (100%)
Owner Occupied HU	58,060 (70.3%)
Renter Occupied HU	5,605 ( 6.8%)
Vacant Housing Units	18,887 (22.9%)
Median Home Value	$269,637
Average Home Value	$300,934
Housing Affordability Index³	111

HOUSEHOLDS
Total Households	63,665
Average Household Size	2.04
Family Households	44,297
Average Family Size	2

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.