What to know when moving to Land O' Lakes, FL
TL;DR: Lutz at a Glance
- The Vibe:
- A community where 56.5% of residents hold a bachelor's degree and only 26.2% are renters.
- The Major Draw:
- The median household income is $107,427, which is relatively high for the area.
- The Reality Check:
- Median gross rent is $1,423, which may be high compared to nearby regions.
- Commute:
- Only 0.0% use public transit, indicating a car-dependent area.
- Top Tip:
- Budget for a median home value of $479,300 if you're looking to buy.
The 'Vibe' Check: Who Thrives Here?
Lutz, located in Hillsborough County, is characterized by its highly educated population, with over half of residents holding a bachelor's degree. The community has a low poverty rate of 5.2%, which contributes to its relatively high median household income. However, the area has a low renter percentage at 26.2%, indicating that most residents own their homes.
Probably not your spot if you are seeking affordable rental options, as the median gross rent is $1,423.
Your Money: Housing & Cost Snapshot
- Median gross rent stands at $1,423, while the median owner-occupied home value is $479,300.
- 56.5% of residents have a bachelor's degree or higher, reflecting a well-educated community.
- The poverty rate is low at 5.2%, contributing to a stable economic environment.
- Only 0.0% of residents commute via public transit, so plan on using a car for travel.
Source: U.S. Census Bureau, ACS 5-Year Data Profiles.
Schools & Higher Ed
Lutz has access to 16 nearby postsecondary institutions, mostly located in Hillsborough County. Notable options include the University of South Florida and Keiser University-Tampa, among others. This broad access supports a variety of educational pursuits for residents.
- Postsecondary institutions: 16
- With College Scorecard data: 15
Source: NCES Postsecondary School Locations, U.S. Dept. of Education College Scorecard.
Weather & Getting Outside
Hillsborough County experiences an average annual precipitation of 47.1 inches, with 108 rainy days each year. This means you'll want to keep an umbrella handy. In terms of outdoor spaces, nearby parks include:
- Lettuce Lake Park - 4.7 stars (6,250 reviews)
- ZooTampa at Lowry Park - 4.6 stars (27,657 reviews)
- Carrollwood Village Park - 4.8 stars (1,689 reviews)
- Rowlett Park - 4.5 stars (2,648 reviews)
Sources: NOAA Climate Data Online, Google Places.
Jobs & the Local Economy
The local economy in Hillsborough County shows signs of stability with an unemployment rate of 4.5% as of December 2025. The labor force consists of approximately 818,741 individuals, with 781,853 employed.
- Unemployment rate: 4.5% (December 2025)
- Employed: 781,853
- Labor force: 818,741
Source: Bureau of Labor Statistics, Local Area Unemployment Statistics.