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Palm River-Clair Mel, FL Real Estate


According to census data in the year 2000 there were 6,615 housing units in Palm River-Clair Mel. This represents a 33.9% growth from 4,939 in 1990.

Of those housing units, 6,615 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 River-Clair Mel is about 73.4%. Palm River-Clair Mel's vacancy rate, including seasonal lodging, is about 7.2%. Average household size is 2.87 people.

The majority of houses, apartments or condos in Palm River-Clair Mel were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type4.10%
One Bedroom10.60%
Two Bedrooms22.60%
Three Bedrooms48.40%
Four Bedrooms13.50%
Five Bedrooms or more0.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1973
Median Value of occupied units$68,200
Median Price asked for vacant units$61,400

Rented Homes, Apartments and Condos

Average Household Size3.17
Median year structure was built1977
Median Monthly Rent asked for vacant units$437

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage14.40%
Home Equity Loan4.30%
Simple Mortgage62.20%
Debt Free18.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.6%