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Biscayne Park

Learn about the people, housing, costs and businesses in Biscayne Park, Florida

Median Home$716,282
Median Rent$1,783/month
Population3,240
Leading IndustriesEducation · Manufacturing · Professional Services4% education
Home Value Growth⬆⬆⬆+37.1% over 2 years
Family-Friendly33% of residentstop 2% nationally
Homeowners76% of occupied units
NotableHigh Incomes$92k/year · top 22% nationally
Biscayne Park
FL

Frequently Asked Questions

What are today's mortgage rates in Biscayne Park?

As of today, the 30-year fixed mortgage rate for Biscayne Park is approximately 6.839% (6.873% 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 Biscayne Park?

The median home value in Biscayne Park is $716k. The median monthly rent is $1,783. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Biscayne Park?

Home values in Biscayne Park have increased 37.1% 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 Biscayne Park?

Based on a typical all-in ownership cost of $2,448/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $105k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Biscayne Park is $92k/year.

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What industries drive the economy in Biscayne Park?

The largest employment sectors in Biscayne Park are public administration (17%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.