North Bay Village, FL Real Estate
According to census data in the year 2000 there were 3,450 housing units in North Bay Village.
This represents a 1.4% growth from 3,401 in 1990.
Of those housing units, 3,450 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in North Bay Village is about 29%.
North Bay Village's vacancy rate, including seasonal lodging, is about 9.2%.
Average household size is 2.1 people.
The majority of houses, apartments or condos in North Bay Village were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 16.30% |
| One Bedroom | 42.90% |
| Two Bedrooms | 30.90% |
| Three Bedrooms | 7.10% |
| Four Bedrooms | 2.10% |
| Five Bedrooms or more | 0.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $188,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.07 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $949 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.10% |
| Home Equity Loan | 6% |
| Simple Mortgage | 58.30% |
| Debt Free | 33.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 32% |
