West Miami, FL Real Estate
According to census data in the year 2000 there were 2,111 housing units in West Miami.
This represents a 1.4% growth from 2,082 in 1990.
Of those housing units, 2,111 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in West Miami is about 68.3%.
West Miami's vacancy rate, including seasonal lodging, is about 2.4%.
Average household size is 2.82 people.
The majority of houses, apartments or condos in West Miami were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 10.80% |
| One Bedroom | 23.90% |
| Two Bedrooms | 28.70% |
| Three Bedrooms | 30% |
| Four Bedrooms | 5.80% |
| Five Bedrooms or more | 0.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.94 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $138,300 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $708 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.60% |
| Home Equity Loan | 3.10% |
| Simple Mortgage | 53% |
| Debt Free | 35.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.3% |
