North Palm Beach, FL Real Estate
According to census data in the year 2000 there were 7,346 housing units in North Palm Beach.
This represents a 8.3% growth from 6,781 in 1990.
Of those housing units, 7,346 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in North Palm Beach is about 77.8%.
North Palm Beach's vacancy rate, including seasonal lodging, is about 15.7%.
Average household size is 1.96 people.
The majority of houses, apartments or condos in North Palm Beach were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 11.60% |
| Two Bedrooms | 52.40% |
| Three Bedrooms | 25.90% |
| Four Bedrooms | 8.30% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.09 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $148,200 |
| Median Price asked for vacant units | $121,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.48 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $1,044 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.50% |
| Home Equity Loan | 9.20% |
| Simple Mortgage | 53% |
| Debt Free | 31.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.2% |
