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Bellair-Meadowbrook Terrace

Learn about the people, housing, costs and businesses in Bellair-Meadowbrook Terrace, Florida

Median Home$233,086
Median Rent$1,497/month
Population14,859
Leading IndustriesFinance & Insurance · Information & Media8% finance & insurance
Home Value Growth⬆⬆⬆+24.7% over 2 years
Young Adults33% of residentswell above average
Renters53% of occupied units
NotableVeteran Community13% of residents · top 4% nationally
NotableAmenity Score76/100 · highly walkable area
Bellair-Meadowbrook Terrace
FL

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Frequently Asked Questions

What are today's mortgage rates in Bellair-Meadowbrook Terrace?

As of today, the 30-year fixed mortgage rate for Bellair-Meadowbrook Terrace is approximately 6.997% (7.037% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Bellair-Meadowbrook Terrace?

The median home value in Bellair-Meadowbrook Terrace is $233k. The median monthly rent is $1,497. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bellair-Meadowbrook Terrace?

Home values in Bellair-Meadowbrook Terrace have increased 24.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Bellair-Meadowbrook Terrace?

Based on a typical all-in ownership cost of $1,284/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bellair-Meadowbrook Terrace is $63k/year.

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What industries drive the economy in Bellair-Meadowbrook Terrace?

The largest employment sectors in Bellair-Meadowbrook Terrace are public administration (20%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.