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Babson Park, Florida Mortgage and Housing Information

Population: 1,182
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Cost of Single-Family Houses

Median price asked
in year 2000
$55,000

Value of Houses and Condos

A comparison of the average prices of homes in Babson Park, Florida and the U.S.
U.S.FloridaBabson Park
Median home value
in year 2000
$111,800$93,200$65,900

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.FloridaBabson Park
With a mortgage$1,088$1,004$762
Without a mortgage$295$306$226

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Babson Park (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage8234.6%
First Mortgage Only10243.0%
Second Mortgage and/or Home Equity Loan5322.4%
Total237100%

Tenancy in Babson Park

How many people in Babson Park live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes289
Renter-occupied homes78
Homes for sale6
Homes for rent45
Total442

Age of Babson Park Residents

Median age for males and females (2000).
Males 27
Females 31

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.FloridaBabson Park
Median Earnings$23,755$22,050$9,356
Median Earnings, Males$29,458$26,297$18,194
Median Earnings, Females$18,957$18,526$8,384

Males earn $9,810 (117.0%) more than Females in Babson Park.

Commuting in Babson Park

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo306
Carpooled49
Public Transit0
Bicycle0
Walking0
Other Means0
Total, Commuted355
Worked from home18
Total373

Time Spent Commuting in Babson Park

Time spent commuting in Babson Park
Time spent in minutesNumber of People
Less than 50
5-911
10-1471
15-19120
20-2472
25-297
30-3446
35-390
40-440
45-5928
60-890
Over 900

Education

Level of higher education for people over 25 years in Babson Park (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College144.8%7827.0%
Associate Degree217.3%82.8%
Bachelor's Degree3110.7%00.0%
Master's Degree186.2%186.2%
Professional Degree72.4%82.8%
Doctorate Degree00.0%00.0%
Total (at least some college)9131.5%11239.0%
Total over 25289100%287100%

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