New Development Revitalizes Spring Hill 40 miles north of Tampa is the booming city of Spring hill, Florida. In 2014, the United States Census showed that Spring Hill, Florida had a population of 99,123; This is a 41.9% increase since 2000. Over the last year the amount of jobs has increased and household income has increased. Homes for sale in Spring Hill has sky rocketed. Spring hill is growing, and the new commercial development at the Cortez/Mariner intersection is proof of this.
In the last year and a half, a number of businesses were developed at the Cortez/Mariner intersection, consisting of retail stores, gas stations, restaurants, and other small businesses. Meaning a welcome supply of new jobs for the citizens of Spring Hill. which increased the demand for homes for sale in Spring Hill. Current job growth is a 3.3% increase since last year with future job growth over the next 10 years predicted to be a 38% increase. Some examples are the Five Below retail store, Hobby Lobby arts and crafts store, a Bob Evans restaurant, a Chili’s restaurant, a Moe’s restaurant, a Wawa gas station and convenience store. And for moviegoers, GTC Theater has recently developed a brand new IMAX theater. This is just the last year and a half, and more is still coming!
Spring Hill schools are a part of the Hernando County School Board system which contains 5 high schools, 4 middle schools, 6 elementary schools, and 4 K8 schools. Chocachatti Elementary, Challenger K8, and Gulf Coast Academy all received an “A” from the Florida Department of Education. Average household income is $41,628, in 2000 it was only $32,861. The average age of citizens in Spring Hill is 44 years old, with 53% of the population being female and 47% male. The cost of living index shows that Spring Hill has a cost of living at 84.50 where the United States average is at 100. Not to mention the average home cost is around $92,000 whereas the average is $170,000 in the United States. As you can see Spring Hill is the place to be, the new development brings an increase in the average household income, job availability, homes for sale in Spring Hill shows no signs of slowing down.