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North Miami Mortgage Quotes And Real Estate


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North Miami Mortgage and Real Estate Facts

Overview

In North Miami there are 20,520 individual units of housing (the total of apartments, houses, and condos). As of 2000, the share of housing units in the city that were owner-occupied was 50%.

North Miami Mortgage

In North Miami, 80% of housing units (exluding rentals) have a mortgage. About 14% of houses and condos in the city have a home equity loan or second mortgage.

Mortgage and interest rate quotes for the North Miami area (or anywhere else you choose in the US) are available, without obligation or credit checks:

North Miami Mortgage Statistics

CategoryValue
Homes With No Mortgage20%
With A Mortgage80%
First Mortgage Only66%
Second Mortgage or Home Equity Loan14%
Second Mortgage Only9%
Home Equity Loan Only5%

North Miami Housing Expenses

CategoryValue
Owner Costs as % of Income28.2%
Median Real Estate Taxes (2000)$1,336

North Miami Household Size

CategoryValue
Total Occupied20,520
1-Person Households27%
2-Person Households25%
3-Person Households17%
4-Person Households14%
5-Person Households9%
6-Person Households5%
7+-Person Households4%

North Miami Housing Stock

CategoryValue
Median Year Built1964
Median Year Built (Owner Occupied)1958
Median Year Built (Renter Occupied)1969

North Miami Home Heating

CategoryValue
Using Utility Co. Gas Heat4%
Using Bottled/Tank Gas Heat2%
Using Electric Heat87%
Using Oil Heat0%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating7%

North Miami Housing Size

CategoryValue
No Bedrooms9%
1 Bedroom18%
2 Bedrooms32%
3 Bedrooms32%
4 Bedrooms8%
5+ Bedrooms1%

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