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 Type | 1.60% |
| One Bedroom | 11.20% |
| Two Bedrooms | 37.60% |
| Three Bedrooms | 31.30% |
| Four Bedrooms | 14.30% |
| Five Bedrooms or more | 4% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.39 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $230,200 |
| Median Price asked for vacant units | $350,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $830 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 7.40% |
| Home Equity Loan | 9.80% |
| Simple Mortgage | 54.30% |
| Debt Free | 28.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.5% |
