Palmetto, FL Real Estate

According to census data in the year 2000 there were 5,689 housing units in Palmetto. This represents a 16.7% growth from 4,873 in 1990.

Of those housing units, 5,689 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Palmetto is about 71.4%. Palmetto's vacancy rate, including seasonal lodging, is about 22.3%. Average household size is 2.54 people.

The majority of houses, apartments or condos in Palmetto were built after 1973.


Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom21%
Two Bedrooms49.80%
Three Bedrooms23%
Four Bedrooms4.60%
Five Bedrooms or more0.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1973
Median Value of occupied units$85,700
Median Price asked for vacant units$33,400

Rented Homes, Apartments and Condos

Average Household Size2.92
Median year structure was built1974
Median Monthly Rent asked for vacant units$381

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage6.20%
Home Equity Loan10.70%
Simple Mortgage53.60%
Debt Free29.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.9%