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Ocean Ridge, FL Real Estate


According to census data in the year 2000 there were 1,446 housing units in Ocean Ridge. This represents a 8.3% growth from 1,335 in 1990.

Of those housing units, 1,446 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Ocean Ridge is about 87.3%. Ocean Ridge's vacancy rate, including seasonal lodging, is about 39.6%. Average household size is 1.87 people.

The majority of houses, apartments or condos in Ocean Ridge were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom20%
Two Bedrooms35.80%
Three Bedrooms32.70%
Four Bedrooms7%
Five Bedrooms or more2.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size1.93
Median year structure was built1972
Median Value of occupied units$433,300
Median Price asked for vacant units$225,000

Rented Homes, Apartments and Condos

Average Household Size1.46
Median year structure was built1964
Median Monthly Rent asked for vacant units$745

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.30%
Home Equity Loan2.40%
Simple Mortgage52.90%
Debt Free41.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.6%