Babson Park, FL Real Estate
According to census data in the year 2000 there were 357 housing units in Babson Park.
This represents a 18.5% decline from 438 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 357 were located in what is classified as a rural area.
Homeownership rate in Babson Park is about 88.2%.
Babson Park's vacancy rate, including seasonal lodging, is about 12%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Babson Park were built after 1978.
Statistics
Housing Size
Housing Units by Size |
| Studio Type | 0% |
| One Bedroom | 2.50% |
| Two Bedrooms | 30.50% |
| Three Bedrooms | 66.90% |
| Four Bedrooms | 0% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
Average Household Size | 2.65 |
Median year structure was built | 1978 |
Median Value of occupied units | $67,500 |
Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
Average Household Size | 1.92 |
Median year structure was built | 1965 |
Median Monthly Rent asked for vacant units | $575 |
Owners Finance Status
Housing Finance |
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 13.50% |
| Home Equity Loan | 8.90% |
| Simple Mortgage | 43% |
| Debt Free | 34.60% |
Median part of Monthly Household Income dedicated to covering home ownership costs | 19.7% |