Palm Beach, FL Real Estate
According to census data in the year 2000 there were 9,897 housing units in Palm Beach.
This represents a 7.7% growth from 9,191 in 1990.
Of those housing units, 9,897 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 is about 83.9%.
Palm Beach's vacancy rate, including seasonal lodging, is about 42.4%.
Average household size is 1.82 people.
The majority of houses, apartments or condos in Palm Beach were built after 1969.
|Housing Units by Size|
|Five Bedrooms or more||7.20%|
Owned Homes, Apartments and Condos
|Average Household Size||1.89|
|Median year structure was built||1970|
|Median Value of occupied units||$1,000,001|
|Median Price asked for vacant units||$1,000,001|
Rented Homes, Apartments and Condos
|Average Household Size||1.47|
|Median year structure was built||1963|
|Median Monthly Rent asked for vacant units||$900|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||3.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.4%|