Miami Shores, FL Real Estate
According to census data in the year 2000 there were 3,891 housing units in Miami Shores.
This represents a 0.7% decline from 3,918 in 1990.
Of those housing units, 3,891 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 Shores is about 88.6%.
Miami Shores's vacancy rate, including seasonal lodging, is about 5.9%.
Average household size is 2.67 people.
The majority of houses, apartments or condos in Miami Shores were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.20% |
| One Bedroom | 9% |
| Two Bedrooms | 30.20% |
| Three Bedrooms | 40.20% |
| Four Bedrooms | 13.80% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $162,900 |
| Median Price asked for vacant units | $110,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $619 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 10.40% |
| Home Equity Loan | 10.20% |
| Simple Mortgage | 56.90% |
| Debt Free | 21.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.6% |
