Palm Beach Gardens, FL Real Estate
According to census data in the year 2000 there were 18,125 housing units in Palm Beach Gardens.
This represents a 48.9% growth from 12,171 in 1990.
Of those housing units, 17,537 were located in either urbanized areas or urban clusters, and 588 were located in what is classified as a rural area.
Homeownership rate in Palm Beach Gardens is about 78.9%.
Palm Beach Gardens's vacancy rate, including seasonal lodging, is about 15%.
Average household size is 2.21 people.
The majority of houses, apartments or condos in Palm Beach Gardens were built after 1985.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 5.60% |
| Two Bedrooms | 38.80% |
| Three Bedrooms | 39.60% |
| Four Bedrooms | 13.20% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1985 |
| Median Value of occupied units | $171,500 |
| Median Price asked for vacant units | $173,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.07 |
| Median year structure was built | 1984 |
| Median Monthly Rent asked for vacant units | $824 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.40% |
| Home Equity Loan | 7.20% |
| Simple Mortgage | 57.70% |
| Debt Free | 29.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.1% |
