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Boca Raton, FL Real Estate


According to census data in the year 2000 there were 37,651 housing units in Boca Raton. This represents a 13.9% growth from 33,043 in 1990.

Of those housing units, 37,651 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Boca Raton is about 75.7%. Boca Raton's vacancy rate, including seasonal lodging, is about 15%. Average household size is 2.28 people.

The majority of houses, apartments or condos in Boca Raton were built after 1976.

Statistics

Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom11.20%
Two Bedrooms37.60%
Three Bedrooms31.30%
Four Bedrooms14.30%
Five Bedrooms or more4%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1976
Median Value of occupied units$230,200
Median Price asked for vacant units$350,800

Rented Homes, Apartments and Condos

Average Household Size1.93
Median year structure was built1976
Median Monthly Rent asked for vacant units$830

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage7.40%
Home Equity Loan9.80%
Simple Mortgage54.30%
Debt Free28.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.5%