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 Type | 0.50% |
| One Bedroom | 13.80% |
| Two Bedrooms | 27.90% |
| Three Bedrooms | 46.10% |
| Four Bedrooms | 9.80% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $68,000 |
| Median Price asked for vacant units | $34,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $358 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.50% |
| Home Equity Loan | 2.50% |
| Simple Mortgage | 50.50% |
| Debt Free | 40.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
