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Milton, FL Real Estate


According to census data in the year 2000 there were 3,137 housing units in Milton. This represents a 9% growth from 2,879 in 1990.

Of those housing units, 3,103 were located in either urbanized areas or urban clusters, and 34 were located in what is classified as a rural area.

Homeownership rate in Milton is about 56.1%. Milton's vacancy rate, including seasonal lodging, is about 15.6%. Average household size is 2.38 people.

The majority of houses, apartments or condos in Milton were built after 1966.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom13.80%
Two Bedrooms27.90%
Three Bedrooms46.10%
Four Bedrooms9.80%
Five Bedrooms or more2%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.43
Median year structure was built1966
Median Value of occupied units$68,000
Median Price asked for vacant units$34,300

Rented Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1968
Median Monthly Rent asked for vacant units$358

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.50%
Home Equity Loan2.50%
Simple Mortgage50.50%
Debt Free40.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%