Ocean Ridge, FL Real Estate
According to census data in the year 2000 there were 1,446 housing units in Ocean Ridge.
This represents a 8.3% growth from 1,335 in 1990.
Of those housing units, 1,446 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Ocean Ridge is about 87.3%.
Ocean Ridge's vacancy rate, including seasonal lodging, is about 39.6%.
Average household size is 1.87 people.
The majority of houses, apartments or condos in Ocean Ridge were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 20% |
| Two Bedrooms | 35.80% |
| Three Bedrooms | 32.70% |
| Four Bedrooms | 7% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $433,300 |
| Median Price asked for vacant units | $225,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.46 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $745 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.30% |
| Home Equity Loan | 2.40% |
| Simple Mortgage | 52.90% |
| Debt Free | 41.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.6% |
