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Palm Aire, FL Real Estate


According to census data in the year 2000 there were 551 housing units in Palm Aire.

Of those housing units, 551 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Palm Aire is about 97.7%. Palm Aire's vacancy rate, including seasonal lodging, is about 6%. Average household size is 2.53 people.

The majority of houses, apartments or condos in Palm Aire were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0%
Two Bedrooms27%
Three Bedrooms45%
Four Bedrooms27.90%
Five Bedrooms or more0%
As % of Housing Units
     

Owned Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1974
Median Value of occupied units$111,900

Rented Homes, Apartments and Condos

Average Household Size6.17
Median year structure was built1975
Median Monthly Rent asked for vacant units$525

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.60%
Home Equity Loan8%
Simple Mortgage62.40%
Debt Free21%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs20.3%