Housing market/Florida/ZIP 32054

ACS 2023 · FY2027 SAFMR

ZIP 32054 Lake Butler, Union County, Florida

Union County, FL · Florida. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
12,467
Households
3,667
Median HH income
$67,044
Renter share
23.7%
Median gross rent
$811
Vacancy
10.5%
Pop. change
+6.3%
2BR SAFMR
$1,020
SAFMR / rent
1.258×
2–49 unit stock
151
LIHTC proj / units
1 / 31
HUD assisted MF
1 / 48

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 32054 · FL — sent to you.

ZIP 32054 · FL

ACS median rent$811
2BR SAFMR$1,020
90% floor$918
110% ceiling$1,122

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 32054

  • 1-unit detached1,91546.7%
  • 1-unit attached611.5%
  • 2–4 units1383.4%
  • 5–49 units130.3%
  • 50+ units140.3%
  • Mobile1,95747.8%
TypeUnitsShare
1-unit detached1,91546.7%
1-unit attached611.5%
2 units (duplex)360.9%
3–4 units1022.5%
5–9 units00.0%
10–19 units00.0%
20–49 units130.3%
50+ units140.3%
Mobile1,95747.8%

2–4 unit share 3.4% · 5–49 unit share 0.3% · combined 2–49 3.7%.

Units by bedrooms

Studio
16
1BR
187
2BR
681
3BR
2,564
4BR
647
5+
3

Rent burden

Rent ≥30% of income24.8%
Rent ≥50% of income9.5%
  • ACS median gross rent $811 (all bedrooms, occupied rentals).
  • Median contract rent $597.
  • Renters paying ≥30% of income 24.8%; ≥50% 9.5%.
  • FY2027 2BR SAFMR $1,020 (1.258× ACS median gross rent).

Population

12,467 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +6.3%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 31 units.
  • HUD project-based assisted MF: 1 properties, 48 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 32054 23.7% of occupied households are renters; vacancy is 10.5%; ACS median gross rent is $811; population increased +6.3% between the 2018 and 2023 ACS vintages; the housing stock includes 138 units in 2–4-unit structures and 13 units in 5–49-unit structures; 1 LIHTC projects totaling 31 units; FY2027 2BR SAFMR is $1,020 versus ACS median gross rent of $811. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Florida research

ZIP 32054 is a Census / HUD profile for Union County, FL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Florida research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 32054?

ZIP 32054 (Union County, FL) has 12,467 residents, 3,667 households, a renter share of 23.7%, median household income of $67,044, and ACS 2023 median gross rent of $811. Vacancy is 10.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 32054?

ACS counts 36 units in 2-unit buildings, 102 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 13 in 20–49. Combined 2–49 unit stock is 151 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 32054?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,020. See the full schedule and 90–110% payment-standard band on the ZIP 32054 — Lake Butler, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 32054 is Census / HUD research for Union County, FL. Jeff Crowe CRE does not list Florida property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.