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Marco Island, FL Real Estate


According to census data in the year 2000 there were 14,871 housing units in Marco Island. This represents a 34% growth from 11,096 in 1990.

Of those housing units, 14,656 were located in either urbanized areas or urban clusters, and 215 were located in what is classified as a rural area.

Homeownership rate in Marco Island is about 86.8%. Marco Island's vacancy rate, including seasonal lodging, is about 51.8%. Average household size is 2.09 people.

The majority of houses, apartments or condos in Marco Island were built after 1984.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom11.10%
Two Bedrooms41.80%
Three Bedrooms39.30%
Four Bedrooms5.60%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.07
Median year structure was built1985
Median Value of occupied units$291,100
Median Price asked for vacant units$275,000

Rented Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1980
Median Monthly Rent asked for vacant units$893

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.50%
Second Mortgage6.10%
Home Equity Loan10.30%
Simple Mortgage43.40%
Debt Free38.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs22.9%