Palermo, CA Real Estate
According to census data in the year 2000 there were 2,189 housing units in Palermo.
This represents a 8.6% growth from 2,015 in 1990.
Of those housing units, 801 were located in either urbanized areas or urban clusters, and 1,388 were located in what is classified as a rural area.
Homeownership rate in Palermo is about 77.7%.
Palermo's vacancy rate, including seasonal lodging, is about 7.6%.
Average household size is 2.88 people.
The majority of houses, apartments or condos in Palermo were built after 1974.
|Housing Units by Size|
|Five Bedrooms or more||1.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.71|
|Median year structure was built||1975|
|Median Value of occupied units||$92,700|
|Median Price asked for vacant units||$75,000|
Rented Homes, Apartments and Condos
|Average Household Size||3.47|
|Median year structure was built||1969|
|Median Monthly Rent asked for vacant units||$371|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||6.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.7%|