Miami Springs, FL Real Estate
According to census data in the year 2000 there were 5,294 housing units in Miami Springs.
This represents a 0.9% decline from 5,342 in 1990.
Of those housing units, 5,294 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 Springs is about 64.3%.
Miami Springs's vacancy rate, including seasonal lodging, is about 3.8%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in Miami Springs were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 8.90% |
| One Bedroom | 18.60% |
| Two Bedrooms | 28% |
| Three Bedrooms | 33.80% |
| Four Bedrooms | 9.50% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.82 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $154,400 |
| Median Price asked for vacant units | $122,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $475 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.40% |
| Home Equity Loan | 7.30% |
| Simple Mortgage | 51.50% |
| Debt Free | 31.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.9% |
