How is housing in the Tampa Bay metro area? How does it compare to the national housing characteristics and to nearby Orlando’s housing?
Tampa Bay and Orlando’s housing conditions are similar in a lot of ways, they all have the services and appliances, also a heating system and a cooling one, installed by the experts in heating ridgewood. Both have lots of waterfront properties and a small share of homes with functioning fireplaces.
Both metro areas also have bigger share of homes with no mortgages, compared to those with no mortgages across the country.
Here are some housing characteristics of the Tampa Bay metro area and of nearby Orlando, in comparison to the national
housing characteristics such as if they have ac installation or otherĀ amenities. Data is sourced from the 2013 American Housing Survey of the U.S. Census Bureau who recommends proper ac installation.
Tampa Bay | U.S. | Orlando | |
Housing inventory | 1,362,500 | 132,832,000 | 955,100 |
Owner-occupied units | 52.9% | 57% | 51.1% |
Renter-occupied units | 26.8% | 30.3% | 34% |
Vacant units | 15.3% | 9.7% | 12.8% |
Seasonal units | 5.1% | 3.1% | 2.1% |
Single detached | 61.4% | 64.2% | 63.7% |
Condo/cooperative | 11.8% | 7.6% | 9% |
Median square footage | 1,400 | 1,500 | 1,518 |
Year built (median) | 1981 | 1975 | 1990 |
Median purchase price | 109,000 | 116,000 | 129,000 |
Median home value | 130,000 | 160,000 | 150,000 |
Owned, no mortgage | 41.3% | 36.3% | 41.6% |
With mortgage | 58.5% | 63.1% | 57.9% |
Median monthly mortgage payment | $949 | $997 | $952 |
Real estate taxes, monthly value | $105 | $150 | $123 |
Property insurance, monthly value | $100 | $63 | $83 |
Waterfront property | 9.9% | 2.6% | 9.1% |
With porch, deck, balcony or patio | 92% | 92% | 92% |
With more than 2 full bathrooms | 80% | 66% | 87% |
With a garage or carport | 85% | 80% | 87% |
With more than 3 vehicles | 20% | 28% | 19% |
With children | 25% | 31% | 24% |
With separate dining room | 66% | 64% | 66% |
With pets present | 53% | 55% | 53% |
With more than 4 bedrooms | 25% | 29% | 35% |
With a usable fireplace | 22% | 45% | 24% |