Palmer, AK Real Estate
According to census data in the year 2000 there were 1,593 housing units in Palmer.
This represents a 36.3% growth from 1,169 in 1990.
Of those housing units, 1,536 were located in either urbanized areas or urban clusters, and 57 were located in what is classified as a rural area.
Homeownership rate in Palmer is about 64.7%.
Palmer's vacancy rate, including seasonal lodging, is about 5%.
Average household size is 2.77 people.
The majority of houses, apartments or condos in Palmer were built after 1983.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 16.80% |
| Two Bedrooms | 20% |
| Three Bedrooms | 46.40% |
| Four Bedrooms | 14.40% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.2 |
| Median year structure was built | 1985 |
| Median Value of occupied units | $102,600 |
| Median Price asked for vacant units | $107,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.96 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $698 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7% |
| Home Equity Loan | 4.40% |
| Simple Mortgage | 75.70% |
| Debt Free | 13% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.1% |
