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Miami Housing, Costs

Monthly Miami housing costs for owner-occupied housing units. Costs are in two categories, for owners with a mortgage, and without a mortgage. Costs are displayed in dollar amounts in the first table, and as a percentage of total income in the second table.


Housing costs

Number

Percent

Specified owner-occupied housing units

33,823

100.0%

 

 

 

With a mortgage

21,477

63.5%

Less than $200 monthly

16

0.1%

$200 - $299 monthly

95

0.4%

$300 - $399 monthly

244

1.1%

$400 - $499 monthly

592

2.8%

$500 - $599 monthly

863

4.0%

$600 - $699 monthly

1,156

5.4%

$700 - $799 monthly

1,660

7.7%

$800 - $899 monthly

1,524

7.1%

$900 - $999 monthly

1,751

8.2%

$1,000 - $1,499 monthly

7,627

35.5%

$1,500 - $1,999 monthly

3,184

14.8%

$2,000 - $2,499 monthly

1,171

5.5%

$2,500 - $2,999 monthly

479

2.2%

$3,000 or more monthly

1,115

5.2%

Median in dollars

1,163

 

 

 

 

Without a mortgage

12,346

36.5%

Less than $100 monthly

108

0.9%

$100 - $149 monthly

256

2.1%

$150 - $199 monthly

522

4.2%

$200 - $249 monthly

776

6.3%

$250 - $299 monthly

1,168

9.5%

$300 - $399 monthly

3,497

28.3%

$400 - $499 monthly

2,561

20.7%

$500 - $699 monthly

2,379

19.3%

$700 or more monthly

1,079

8.7%

Median in dollars

395

 


Housing costs as a percentage of monthly income (1999)

Number

Percent

With a mortgage

21,477

63.5%

Less than 20%

5,603

26.1%

20 - 24%

2,681

12.5%

25 - 29%

2,172

10.1%

30 - 34%

1,805

8.4%

35% or more

9,064

42.2%

Not computed

152

0.7%

Median

30.6%

 

 

 

 

Without a mortgage

12,346

36.5%

Less than 20%

7,245

58.7%

20 - 24%

1,075

8.7%

25 - 29%

879

7.1%

30 - 34%

458

3.7%

35% or more

2,403

19.5%

Not computed

286

2.3%

Median

15.9%

 





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