Miami, AZ Real Estate
According to census data in the year 2000 there were 944 housing units in Miami.
This represents a 2.3% growth from 923 in 1990.
Of those housing units, 898 were located in either urbanized areas or urban clusters, and 46 were located in what is classified as a rural area.
Homeownership rate in Miami is about 63.3%.
Miami's vacancy rate, including seasonal lodging, is about 19.7%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Miami were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.30% |
| One Bedroom | 15.40% |
| Two Bedrooms | 39.70% |
| Three Bedrooms | 35.90% |
| Four Bedrooms | 4.70% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $44,800 |
| Median Price asked for vacant units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $348 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 1% |
| Home Equity Loan | 6% |
| Simple Mortgage | 32.80% |
| Debt Free | 59.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.3% |
