| HOUSING | Miami-Dade, Florida | United States | Median Home Age "The average age of homes in years. Updated: December, 2016" | 37 | 37 | Median Home Cost "This is the value of the years most recent home sales data. Its important to note that this is not the average (or arithmetic mean). The median home price is the middle value when you arrange all the sales prices of homes from lowest to highest. This is a better indicator than the average, because the median is not changed as much by a few unusually high or low values. Updated: December, 2016" | $253,500 | $185,800 | Home Appr. Last 12 months "House appreciation - last 12 months Updated: December, 2016" | 9.86% | 3.74% | Home Appr. Last 5 yrs. "House appreciation - last 5 years Updated: December, 2016" | 34.57% | 16.02% | Home Appr. Last 10 yrs. "House appreciation - last 10 years Updated: December, 2016" | -3.00% | -0.68% | Property Tax Rate "The property tax rate shown here is the rate per $1,000 of home value. If the tax rate is $14.00 and the home value is $250,000, the property tax would be $14.00 x ($250,000/1000), or $3500. This is the 'effective' tax rate. Updated: December, 2016" | $11.19 | $11.80 | Homes Owned "The percentage of housing units which are owned by the occupant. A housing unit is a house, apartment, mobile home, or room occupied as separate living quarters. Updated: December, 2016" | 46.06% | 56.34% | Housing Vacant "The percentage of housing units which are vacant (unoccupied). A housing unit is a house, apartment, mobile home, or room occupied as separate living quarters. Updated: December, 2016" | 16.19% | 12.45% | Homes Rented "The percentage of housing units which are rented by the occupant. A housing unit is a house, apartment, mobile home, or room occupied as separate living quarters. Updated: December, 2016" | 37.75% | 31.21% | AVERAGE RENT FOR HOME OR APARTMENT | | | Studio Apartment "Average rent for studio apartment Updated: December, 2016" | $774 | $712 | 1 Bedroom Home or Apartment "Average rent for 1-bedroom home or apartment Updated: December, 2016" | $975 | $825 | 2 Bedroom Home or Apartment "Average rent for 2-bedroom home or apartment Updated: December, 2016" | $1,250 | $1,027 | 3 Bedroom Home or Apartment "Average rent for 3-bedroom home or apartment Updated: December, 2016" | $1,671 | $1,379 | 4 Bedroom Home or Apartment "Average rent for 4-bedroom home or apartment Updated: December, 2016" | $1,987 | $1,601 | VACANT HOUSING | | | Vacant For Rent "Vacant housing - for rent Updated: December, 2016" | 3.20% | 2.34% | Vacant Rented "Vacant housing - rented Updated: December, 2016" | 0.78% | 0.46% | Vacant For Sale "Vacant housing - for sale Updated: December, 2016" | 1.37% | 1.20% | Vacant Sold "Vacant housing - sold Updated: December, 2016" | 0.61% | 0.46% | Vacant Vacation "Vacant housing - seasonal, recreational or occasional use Updated: December, 2016" | 6.97% | 3.97% | Vacant Other "Vacant housing - other Updated: December, 2016" | 3.27% | 4.02% | VALUE OF OWNER-OCCUPIED HOUSING | | | Less Than $20,000 "Percentage of Home Values less than $20,000. Updated: December, 2016" | 3.03% | 4.57% | $20,000 to $39,999 "Percentage of Home Values between $20,000 and $39,999. Updated: December, 2016" | 1.14% | 3.37% | $40,000 to $59,999 "Percentage of Home Values between $40,000 and $59,999. Updated: December, 2016" | 1.91% | 4.19% | $60,000 to $79,999 "Percentage of Home Values between $60,000 and $79,999. Updated: December, 2016" | 4.55% | 5.74% | $80,000 to $99,999 "Percentage of Home Values between $80,000 to $99,999 Updated: December, 2016" | 4.62% | 6.79% | $100,000 to $149,999 "Percentage of Home Values between $100,000 to $149,999. Updated: December, 2016" | 14.46% | 15.19% | $150,000 to $199,999 "Percentage of Home Values between $150,000 to $199,999. Updated: December, 2016" | 15.98% | 14.69% | $200,000 to $299,999 "Percentage of Home Values between $200,000 to $299,999. Updated: December, 2016" | 24.06% | 18.15% | $300,000 to $399,999 "Percentage of Home Values between $300,000 to $399,999. Updated: December, 2016" | 12.77% | 10.43% | $400,000 to $499,999 "Percentage of Home Values between $400,000 to $499,999. Updated: December, 2016" | 5.62% | 5.70% | $500,000 to $749,999 "Percentage of Home Values between $500,000 to $749,999. Updated: December, 2016" | 5.55% | 6.39% | $750,000 to $999,999 "Percentage of Home Values between $750,000 to $999,999. Updated: December, 2016" | 2.19% | 2.41% | $1,000,000 or more "Percentage of Home Values greater than $1,000,000 or more. Updated: December, 2016" | 4.13% | 2.39% | HOUSING UNITS BY YEAR STRUCTURE BUILT | | | 2010 and newer "2010 and newer Updated: December, 2016" | 1.11% | 2.03% | 2000 to 2009 "2000 to 2009 Updated: December, 2016" | 14.07% | 14.63% | 1990 to 1999 "1990 to 1999 Updated: December, 2016" | 11.97% | 14.01% | 1980 to 1989 "Percentage of Housing Units by Structure Built 1980 to 1989. Updated: December, 2016" | 15.32% | 13.70% | 1970 to 1979 "Percentage of Housing Units by Structure Built 1970 to 1979. Updated: December, 2016" | 19.26% | 15.66% | 1960 to 1969 "Percentage of Housing Units by Structure Built 1960 to 1969. Updated: December, 2016" | 11.97% | 14.01% | 1950 to 1959 "Percentage of Housing Units by Structure Built 1950 to 1959. Updated: December, 2016" | 14.93% | 10.63% | 1940 to 1949 "Percentage of Housing Units by Structure Built 1940 to 1949. Updated: December, 2016" | 5.88% | 5.25% | 1939 or Earlier "Percentage of Housing Units by Structure Built 1939 or Earlier. Updated: December, 2016" | 3.76% | 13.09% |
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