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West Miami, FL Real Estate


According to census data in the year 2000 there were 2,111 housing units in West Miami. This represents a 1.4% growth from 2,082 in 1990.

Of those housing units, 2,111 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in West Miami is about 68.3%. West Miami's vacancy rate, including seasonal lodging, is about 2.4%. Average household size is 2.82 people.

The majority of houses, apartments or condos in West Miami were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type10.80%
One Bedroom23.90%
Two Bedrooms28.70%
Three Bedrooms30%
Four Bedrooms5.80%
Five Bedrooms or more0.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.94
Median year structure was built1952
Median Value of occupied units$138,300
Median Price asked for vacant units$137,500

Rented Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1957
Median Monthly Rent asked for vacant units$708

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.60%
Home Equity Loan3.10%
Simple Mortgage53%
Debt Free35.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.3%