Located in the state of Florida, Citrus Park is a medium-sized city with a population of 25,779 inhabitants. According to the most recent Census, 73% of Citrus Park residents are White, 11% Black and 4% Asian. Additionally, more than a quarter of the population of Citrus Park are of Hispanic or Latino origin, and 27% of the population also speak Spanish. 72% of the people in Citrus Park (over the age of 15) are married and 58% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots.
Without the right tools, moving to any new town can be very stressful and challenging. Living in Citrus Park, Florida could be a positive experience for anyone who puts in the effort to do the research required. Using the livability score which includes data from categories like amenities, cost of living, education, you can easily compare the best places to live in Citrus Park and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Citrus Park to Florida and the national average.
With a livability score of 83 out of 100, Citrus Park is ranked #694 in the United States and #75 in Florida. Based on this score, Citrus Park would be considered a very livable city! Citrus Park also ranks in the top 10 percent of all cities, which is no small feat! If we probe a little deeper into each category within the livability score, we see that Citrus Park has higher than average rankings for the following: amenities (A+), weather (A), education (A) and housing (B). There are some categories that Citrus Park does not rank well for, including: crime (D). It might be worth taking a closer look to determine why.
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Citrus Park, there is no shortage of amazing local amenities and interesting things to do.
Knowing that the Citrus Park schools rank highly for test scores plays an important factor in deciding if this area is the right place to live. The average school test scores are 68%, which is far higher than the national average.
For buyers, real estate will be the largest purchase they ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Citrus Park apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are available, most people will need to know if the real estate in Citrus Park is actually affordable. The median home price for Citrus Park homes is $175,900, which is 5.5% higher than the Florida average. If we take a closer look at the affordability of homes in Citrus Park, we’ll see that the home price to income ratio is 2.9, which is 14.7% lower than the Florida average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in Citrus Park were 8.8%, and the 5 year appreciation rates came in at 11.5%.