Bal Harbour, FL Real Estate
According to census data in the year 2000 there were 3,137 housing units in Bal Harbour.
This represents a 12.2% growth from 2,797 in 1990.
Of those housing units, 3,137 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Bal Harbour is about 48.4%.
Bal Harbour's vacancy rate, including seasonal lodging, is about 39.7%.
Average household size is 1.76 people.
The majority of houses, apartments or condos in Bal Harbour were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 7.60% |
| One Bedroom | 27.30% |
| Two Bedrooms | 52.50% |
| Three Bedrooms | 7.40% |
| Four Bedrooms | 2.40% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.01 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $664,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.51 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $1,007 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 7.10% |
| Simple Mortgage | 35.70% |
| Debt Free | 57.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.2% |
