Home

Palm Beach Shores, FL Real Estate


According to census data in the year 2000 there were 1,170 housing units in Palm Beach Shores. This represents a 11.5% growth from 1,049 in 1990.

Of those housing units, 1,170 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 Beach Shores is about 68.8%. Palm Beach Shores's vacancy rate, including seasonal lodging, is about 40.8%. Average household size is 1.76 people.

The majority of houses, apartments or condos in Palm Beach Shores were built after 1961.

Statistics

Housing Size

Housing Units by Size
Studio Type5.60%
One Bedroom28.10%
Two Bedrooms46.60%
Three Bedrooms17.40%
Four Bedrooms1.40%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size1.97
Median year structure was built1961
Median Value of occupied units$183,000
Median Price asked for vacant units$225,000

Rented Homes, Apartments and Condos

Average Household Size1.31
Median year structure was built1960
Median Monthly Rent asked for vacant units$656

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage5.10%
Home Equity Loan5.80%
Simple Mortgage37.70%
Debt Free50.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.3%