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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 21% |
| Two Bedrooms | 49.80% |
| Three Bedrooms | 23% |
| Four Bedrooms | 4.60% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.38 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $85,700 |
| Median Price asked for vacant units | $33,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.92 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $381 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 6.20% |
| Home Equity Loan | 10.70% |
| Simple Mortgage | 53.60% |
| Debt Free | 29.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.9% |
