Counties / Florida / Hardee County

Hardee County, FL

FIPS 12049 · population 25,675 · outside every metro area

$242k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$242k
▲ 3.3% year over year
Zillow ZHVI · direct
ACS median gross rent
$962
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$1,248
the Section 8 payment standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+63.0%not annualized · through 2025
0%ZILLOW ZHVI2026-06+3.3%FHFA HPI2025+1.6%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$154k
Surveyed gross rent$962
Rent burden 30%+49.7%
Median year built1987
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
17.3%vacant
9,942estimated housing units
Occupied tenure28.6% renter
owner 71.4%renter 28.6%
Structure mix58.2% single-family
Single-family 58.2%20+ units 1.8%Mobile home 27.1%Other 12.8%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs7,196▲ 2.2% from the prior annual release
Covered establishments598annual average reporting locations
Average weekly wage$932▲ 2.6% from the prior annual release
Largest private supersectorTrade, transportation, and utilities25.1% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+2.2%WEEKLY WAGE+2.6%Trade, transportation, and utilities25.1%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Hardee County’s decision tension is a positive value signal beside a slower, concession-prone listing market, leaving a buyer reliant on property-level income and wind-cost diligence. Zillow reports a $241,964 median home value, up 3.34% year over year; annual FHFA repeat-transaction HPI rose 1.58%. They share direction but have distinct supplied periods and methods: the HPI is not a home value, and the rates cannot be blended. Investigate carefully rather than treating either as a closing-price trend.

02Housing economics

Housing economics cannot yet support a yield screen. Market rent is not published. HUD’s two-bedroom FMR of $1,248 per month is a payment standard, not an asking-rent estimate, so gross yield cannot be computed from this record. The 0.82% effective property-tax rate and $1,264 median annual tax are carrying-cost inputs, but without market rent they cannot show rent coverage. Obtain lease comps, vacancy, utilities and assessment-specific tax bills before judging operating income.

03Demand & competition

Realtor.com MLS evidence argues for negotiating discipline rather than proof of demand. Median listing price declined 7.09% year over year, median marketing time was 101 days, and 25.66% of listings had reductions. These are asking-price, marketing-time and seller-concession measures, not closed-sale prices or buyer demand by themselves. They can inform offer and absorption diligence, but do not establish the value attainable after repairs or the pace of completed sales.

04Risk & next checks

Demand evidence is narrow. Net tax-return migration was 17, while incoming movers’ average AGI exceeded outgoing movers’ by $4,234; that comparison describes movers, not tenant demand. Investors accounted for 14 of 194 purchases, a 7.22% share, so investor mortgage activity is present but limited. QCEW is workplace-based covered employment; Trade, transportation, and utilities is the largest disclosed private supersector, not the whole economy. Strong wind is the dominant hazard, paired with a 0.45% modeled annual building-value loss ratio. Missing insurance quotes, property-level wind exposure, rent and occupancy data prevent a cash-flow, coverage or resilience conclusion.

Cities & communities

Where people live within Hardee County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Wauchula city4.9KBowling Green city2.2KZolfo Springs town2.2KFort Green Springs CDP762Lemon Grove CDP547Gardner CDP381Ona CDP44Fort Green CDP39
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

9 Census places

Population
  1. 01
    Wauchula cityIncorporated place
    4,927
  2. 02
    Bowling Green cityIncorporated place
    2,226
  3. 03
    Zolfo Springs townIncorporated place
    2,158
  4. 04
    Fort Green Springs CDPCensus-designated place
    762
  5. 05
    Lemon Grove CDPCensus-designated place
    547
  6. 06
    Gardner CDPCensus-designated place
    381
  7. 07
    Ona CDPCensus-designated place
    44
  8. 08
    Fort Green CDPCensus-designated place
    39
  9. 09
    Limestone CDPCensus-designated place
    25

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardstraight-line wind

0.454% of building value expected lost per year

Effective property tax0.82%

$1,264 median annual bill

02
DemandIRS SOI household flows
Net migration+17

640 in · 623 out

Arriving vs leaving income+$4,234

$47,297 arriving · $43,063 leaving

03
CompetitionHMDA financed purchases
Purchases by investors7.2%

14 of 194 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings47▼ 5.1% year over year
Median days on market101▲ 57.0% year over year
Listings price-reduced25.7%seller-concession signal
Median listing pricen/a▼ 7.1% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; no wider market is mapped for it either.
Bear case

What can break the county thesis

  1. Market-rent, occupancy and lease-comp evidence are absent, preventing income underwriting.
  2. Strong-wind exposure and unavailable insurance evidence could alter carrying costs and resilience.
  3. Listing-market concessions may not translate into completed-sale pricing or repair-adjusted value.
Underwriting questions

Before pricing a property

Can gross yield be calculated from the record?

No. Market rent is not published, and HUD FMR is not a market-rent estimate.

Which hazard needs property-level diligence?

Strong wind; the supplied climate measure is modeled and does not provide parcel exposure or insurance cost.

Is investor buying dominant in the purchase data?

No. Investor mortgage activity is a minority of the recorded purchases.