Southwest 54th Run

Property details·Lake Butler, Union County, Florida·08-06-18-00-000-0198-0

3Beds
2Baths
1,248Sq ft
1.00Acres
1984Built

Location & Identity

Address

Southwest 54th Run

Lake Butler, FL 32054

Union County

Parcel ID

08-06-18-00-000-0198-0

Coordinates

29.973765, -82.530721

Owner & Record Identity

Owner Name
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Building details

Bedrooms
3
Bathrooms
2
Full / half
2 full · 0 half
Square footage
1,248
Year built
1984
Building style
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Building condition
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Heating & AC
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Pool & features
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Land & lot

Lot size
1.00 acres
Property type (local use code)
1006
Land area
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Lot dimensions
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County context

Union County 2026 Insights

Union County, Florida: Small County, Complicated Numbers

At first glance, Union County looks like one of Florida's most affordable housing markets — and by raw price, it absolutely is. A median home value of $160,400 sits at roughly half the national median and less than a quarter of what you'd pay in the coastal Florida markets dominating headlines. But affordability is never just about sticker price, and Union County's data tells a more layered story about a small, rural community shaped heavily by a single institution: the Florida State Prison complex centered in the county seat of Lake Butler.

The Prison Economy and What It Does to Data

Union County is Florida's smallest county by area, and the Florida Department of Corrections is its largest employer. That single fact explains many of the numbers that initially look anomalous. The labor force participation rate of just 35.3% — extraordinarily low by any benchmark — reflects a substantial incarcerated population that is counted in total population figures but largely excluded from the labor market. The same dynamic inflates the apparent vacancy rate (12.2%) and suppresses school enrollment figures. Even the Gini index of 0.456, indicating meaningful income inequality for such a small community, makes more sense in this context: you have corrections officers and administrators earning stable government salaries alongside a lower-income civilian population.

Key Statistics

StatValueContext
Median Home Value$160,40050% of national median; among Florida's lowest
Homeownership Rate73.6%well above national avg of ~65%
Bachelor's Degree or Higher10.0%vs ~35% nationally — a stark gap
Child Poverty Rate25.9%nearly 1 in 4 children; well above 18.7% overall poverty rate

Ownership Without Wealth

One of the most striking contrasts in Union County is the combination of high homeownership (73.6%) and low educational attainment (only 10% hold a four-year degree). In most Florida metros, those two numbers move together — education drives income, income drives homeownership. Here, they diverge. Rural land ownership has deep roots in communities like this, where families have held property across generations without the college-credentialed career paths common in urban Florida. The trade-off shows up in per capita income of just $22,599 — about 70% of the national figure — and a SNAP participation rate of nearly 1 in 5 households.

The child poverty rate of 25.9% is the data point that should give pause. It outpaces the already-elevated overall poverty rate by seven points, suggesting that the burden of economic hardship falls disproportionately on younger households who don't have the same long-term land equity that older residents carry.

FAQ

What makes Union County, Florida unique? Union County is Florida's smallest county and home to a major state prison complex, which fundamentally shapes its population statistics, labor participation rates, and income distribution in ways that make direct comparisons to other Florida counties misleading.

Is Union County, Florida affordable to live in? Housing prices are among the lowest in the state, and rent burden (27.6%) falls below the national stress threshold of 30%. However, low educational attainment, limited job diversity, and a child poverty rate above 25% mean that affordability comes with real economic trade-offs.

Why is the labor force participation rate so low in Union County? The large incarcerated population at state correctional facilities counts toward total population but is not part of the civilian labor force, artificially depressing the participation rate well below state and national norms.

Local market context

Our database includes 7,881 properties in Lake Butler.

Lake Butler offers affordable housing with an average price of $197,423.

With a price per square foot of just $93, this area offers excellent value for buyers.

Lake Butler prices closely align with the Union County average.

MetricLake ButlerUnion Countyvs County
Average Price$197,423$196,362+1%
Avg Sq Ft2,1182,097+1%
Price/Sq Ft$93$94-1%
Properties7,8819,189-14%

Frequently Asked Questions About Lake Butler, FL Real Estate

What is the average home price in Lake Butler, FL?

The average home price in Lake Butler, FL is $197,423, based on analysis of 7,881 properties in our database.

How many properties are tracked in Lake Butler, FL?

Our database includes 7,881 properties in Lake Butler, FL, providing comprehensive market coverage.

What is the price per square foot in Lake Butler, FL?

The average price per square foot in Lake Butler, FL is $93. This is calculated from an average home price of $197,423 and average size of 2,118 square feet.

What is the average home size in Lake Butler, FL?

Homes in Lake Butler, FL average 2,118 square feet, with an average price of $197,423.

How does Lake Butler, FL compare to other cities in Union County?

Lake Butler, FL is one of many cities in Union County, FL with property data available. Browse other cities in the county to compare market conditions and pricing.

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