Palm Beach Shores, FL Real Estate
According to census data in the year 2000 there were 1,170 housing units in Palm Beach Shores.
This represents a 11.5% growth from 1,049 in 1990.
Of those housing units, 1,170 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Palm Beach Shores is about 68.8%.
Palm Beach Shores's vacancy rate, including seasonal lodging, is about 40.8%.
Average household size is 1.76 people.
The majority of houses, apartments or condos in Palm Beach Shores were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 5.60% |
| One Bedroom | 28.10% |
| Two Bedrooms | 46.60% |
| Three Bedrooms | 17.40% |
| Four Bedrooms | 1.40% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.97 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $183,000 |
| Median Price asked for vacant units | $225,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.31 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $656 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 5.10% |
| Home Equity Loan | 5.80% |
| Simple Mortgage | 37.70% |
| Debt Free | 50.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
