Sumter County, Florida: commercial real estate data.
Sumter County, Florida has a population of 143,408 across 547 square miles, up 19.2 percent since the 2020 census base. County output reached $7.56 bn in 2024, 2,081 establishments operate here, and the SBA record carries 51 7(a) approvals worth $43.8 m.
128 sourced county values · tier FULL · 12 sections
Sumter County
How many people live in Sumter County
- Population143,408
- Households70,318
- Average household size2.04
- Median household income$76,508
- Median age68.5
- Median gross rent$1,269 per month
- Median owner-occupied home value$385,400
- Home value to household income5.0 times
- Annual rent as a share of median income19.9 percent
- Adults 25 and over with a bachelor degree or higher35.3 percent
- Adults 25 and over with a graduate degree14.2 percent
- Adults 25 and over129,083
- Population under 1810,245
- Share under 187.1 percent
- Population 65 and over82,722
- Share 65 and over57.7 percent
- Working age population, 18 to 6450,441
- Civilian labor force34,686
- Unemployment rate5.4 percent
- Labor force participation, adults 18 and over26.0 percent
- Rank by population among Florida counties34th of 67
- Rank by population among US county-equivalents472nd
Sumter County is the 34th largest of 67 Florida counties by population. A median home costs 5.0 times median household income, which is a stretched ownership market and usually shows up as rental demand. Residents 65 and over outnumber those under 18, at 57.7 percent against 7.1 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Sumter County
Is Sumter County growing
- Population change since the 2020 census base19.22 percent
- Census 2020 base population129,753
- Births, 2024545
- Deaths, 20242,650
- Natural change, 2024-2,105
- Net domestic migration, 20244,385
- Net international migration, 2024253
- Total net migration, 20244,638
- Cumulative net domestic migration, 2021 to 202431,699
- Rank by growth among US county-equivalents20th
The county has grown 19.22 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Sumter County
Where people moving to Sumter County come from
- Tax returns filed by households arriving9,300
- People arriving, from those returns15,840
- Adjusted gross income arriving$1.13 bn
- Net adjusted gross income movement$0
- Average income of an arriving household$121,395
- Largest single originSumter County Non-migrants (58,670 households)
- Largest single destination (58,670 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Sumter County Non-migrants | 58,670 | 101,817 | $5.94 bn |
| Other flows - Different State | 4,031 | 6,858 | $588.8 m |
| Other flows - South | 1,295 | 2,209 | $166.2 m |
| Other flows - Midwest | 1,214 | 2,058 | $163.5 m |
| Other flows - Northeast | 1,021 | 1,754 | $158.3 m |
| Lake County | 790 | 1,411 | $49.9 m |
| Marion County | 524 | 924 | $30.2 m |
| Other flows - West | 501 | 837 | $100.8 m |
The largest single source of arrivals is Sumter County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Sumter County
What the Sumter County economy runs on
- County GDP, 2024$7.56 bn
- County GDP, 2023$6.85 bn
- GDP change, 2023 to 202410.3 percent
- GDP change over five years80.1 percent
- Rank by GDP among Florida counties33rd
- Rank by GDP among US county-equivalents554th
- GDP per resident$52,706
Output grew 10.3 percent in the latest year and 80.1 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Sumter County
Who employs people in Sumter County
- Covered employment, annual average40,436
- Establishments reporting2,697
- Average annual pay$57,856
- Average weekly wage$1,113
- Sector 62, employment7,372
- Sector 62, average annual pay$64,947
- Sector 44-45, employment5,801
- Sector 44-45, average annual pay$34,727
- Sector 72, employment4,626
- Sector 72, average annual pay$30,166
- Sector 23, employment4,188
- Sector 23, average annual pay$71,094
- Sector 56, employment1,934
- Sector 31-33, employment1,374
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 7,372 | 314 | $64,947 |
| Sector 44-45 | 5,801 | 323 | $34,727 |
| Sector 72 | 4,626 | 232 | $30,166 |
| Sector 23 | 4,188 | 248 | $71,094 |
| Sector 56 | 1,934 | 195 | $72,649 |
| Sector 31-33 | 1,374 | 83 | $68,230 |
| Sector 54 | 1,307 | 344 | $81,790 |
| Sector 53 | 1,291 | 202 | $59,045 |
The largest sector is the biggest private employer group at 7,372 jobs, 18.2 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Sumter County
What businesses operate in Sumter County
- Establishments, all industries2,081
- Employment at those establishments31,813
- Annual payroll$1.60 bn
- Establishments per 1,000 residents14.5
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Sumter County
What is being built in Sumter County
- Housing units authorised by permit, 20243,961
- Declared construction value permitted$894.1 m
- Single family units authorised3,537
- Multifamily units authorised424
- Multifamily share of units10.7 percent
- Average declared value per unit$225,723
- Units authorised per 1,000 households56.3
Multifamily is 10.7 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Sumter County
How much SBA lending happens in Sumter County
- 7(a) approvals recorded51
- 7(a) gross approval dollars$43.8 m
- Average 7(a) approval$858,094
- Median 7(a) approval$346,000
- 10th percentile approval$53,500
- 90th percentile approval$2,900,000
- Largest single approval$4,000,000
- Jobs reported supported, 7(a)534
- Jobs per approval10.5
- Distinct 7(a) lenders active30
- Distinct industries receiving approvals33
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer23.5 percent
- Loans on real estate terms12
- Loans on working capital terms, 120 months or shorter34
- Franchise loans17
- Franchise share of approvals33.3 percent
- Leading industry by approval countLimited-Service Restaurants (7)
- Most active lenderReadycap Lending, LLC (5)
- 504 approvals recorded19
- 504 gross approval dollars$21.4 m
- Average 504 approval$1,127,263
- Median 504 approval$897,000
- Distinct CDCs active3
- 504 jobs per approval10.7
- 504 jobs per million dollars approved9.5
- Most active CDCFlorida Business Development Corporation (14)
- 7(a) share of SBA approvals72.9 percent
- Combined SBA approval dollars$65.2 m
The average approval of $858,094 sits well above the median of $346,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 23.5 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Sumter County
Do SBA loans in Sumter County get paid back
- Loans with a final outcome recorded8
- Paid in full6
- Charged off2
- Status: Charged off2
- Status: Cancelled10
- Status: Paid in full6
- Status: Exempt from disclosure31
- Status: Committed, not yet disbursed2
Too few loans have reached a final outcome to publish a charge off rate. only 8 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Sumter County
Which parts of Sumter County get the lending
- Places in the county with recorded lending7
- Wildwood, approvals16
- The Villages, approvals16
- OXFORD, approvals6
- LADY LAKE, approvals6
- Bushnell, approvals4
- LAKE PANASOFFKEE, approvals2
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Wildwood | 16 | $17,631,800 |
| The Villages | 16 | $6,823,300 |
| OXFORD | 6 | $7,536,000 |
| LADY LAKE | 6 | $3,997,200 |
| Bushnell | 4 | $1,680,000 |
| LAKE PANASOFFKEE | 2 | $2,094,500 |
| Webster | 1 | $4,000,000 |
Wildwood accounts for 16 approvals against 16 in The Villages. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Sumter County
How big is Sumter County
- Land area547 sq mi
- Rank by land area among Florida counties53rd of 67
- Width, east to west21.7 mi
- Height, north to south44.7 mi
- Geographies sharing a boundary6
- Residents per square mile of land262
- Establishments per square mile3.80
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Sumter County
What hazards affect Sumter County
- EPA radon zone predicted average indoor radon screening level less than 2 pCi/LZone 3
- Communities in the NFIP Community Status Book6
- Of those, participating in the NFIP6
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 5
- Communities carrying a CRS class3
The EPA places the county in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The best Community Rating System class in the county is 5, which carries a flood insurance premium discount for properties in the participating community.
US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001. FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Sumter County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Sumter County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population143,408
- Households70,318
- Average household size2.04
- Median household income$76,508
- Median age68.5
Common questions
Sumter County questions, answered from the record.
How many people live in Sumter County, Florida?
143,408, in 70,318 households, ranking 34th of 67 Florida counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Sumter County growing?
The population has grown 19.22 percent since the 2020 census base. In 2024 there were 545 births against 2,650 deaths, with net migration of 4,638. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Sumter County?
$76,508. The median owner-occupied home is valued at $385,400, which is 5.0 times income, and median gross rent is $1,269 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Sumter County?
2,081 establishments, employing 31,813 people with an annual payroll of $1.60 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Sumter County?
Average annual pay is $57,856, or $1,113 a week, across 40,436 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Sumter County?
51 7(a) approvals totalling $43.8 m since FY2020, across 30 lenders, with a median approval of $346,000, plus 19 504 approvals worth $21.4 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Sumter County?
3,961 housing units were authorised by permit in 2024, with a declared construction value of $894.1 m. Multifamily was 10.7 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Sumter County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Sumter County come from?
The largest single origin is Sumter County Non-migrants, with 58,670 households. Arriving households report an average income of $121,395 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Sumter County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Sumter County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.