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Miami Springs, FL Real Estate


According to census data in the year 2000 there were 5,294 housing units in Miami Springs. This represents a 0.9% decline from 5,342 in 1990.

Of those housing units, 5,294 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Miami Springs is about 64.3%. Miami Springs's vacancy rate, including seasonal lodging, is about 3.8%. Average household size is 2.63 people.

The majority of houses, apartments or condos in Miami Springs were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type8.90%
One Bedroom18.60%
Two Bedrooms28%
Three Bedrooms33.80%
Four Bedrooms9.50%
Five Bedrooms or more1.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.82
Median year structure was built1954
Median Value of occupied units$154,400
Median Price asked for vacant units$122,000

Rented Homes, Apartments and Condos

Average Household Size2.28
Median year structure was built1961
Median Monthly Rent asked for vacant units$475

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.40%
Home Equity Loan7.30%
Simple Mortgage51.50%
Debt Free31.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs22.9%