Melbourne Beach, FL Real Estate
According to census data in the year 2000 there were 1,528 housing units in Melbourne Beach.
This represents a 3.5% growth from 1,476 in 1990.
Of those housing units, 1,528 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Melbourne Beach is about 82.7%.
Melbourne Beach's vacancy rate, including seasonal lodging, is about 7.5%.
Average household size is 2.34 people.
The majority of houses, apartments or condos in Melbourne Beach were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 4.60% |
| Two Bedrooms | 19.20% |
| Three Bedrooms | 38.60% |
| Four Bedrooms | 30.20% |
| Five Bedrooms or more | 5.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $163,200 |
| Median Price asked for vacant units | $159,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.55 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $594 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.50% |
| Home Equity Loan | 12.90% |
| Simple Mortgage | 40% |
| Debt Free | 39.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.6% |
