Melbourne Village, FL Real Estate
According to census data in the year 2000 there were 324 housing units in Melbourne Village.
This represents a 12.1% growth from 289 in 1990.
Of those housing units, 324 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 Village is about 90.3%.
Melbourne Village's vacancy rate, including seasonal lodging, is about 7.4%.
Average household size is 2.24 people.
The majority of houses, apartments or condos in Melbourne Village were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 3.40% |
| Two Bedrooms | 29.90% |
| Three Bedrooms | 47.20% |
| Four Bedrooms | 18.20% |
| Five Bedrooms or more | 0.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $119,700 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1966 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.70% |
| Home Equity Loan | 3.80% |
| Simple Mortgage | 46.80% |
| Debt Free | 43.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.4% |
