Palm City, FL Real Estate
According to census data in the year 2000 there were 9,217 housing units in Palm City.
This represents a 379.8% growth from 1,921 in 1990.
Of those housing units, 9,096 were located in either urbanized areas or urban clusters, and 121 were located in what is classified as a rural area.
Homeownership rate in Palm City is about 86.7%.
Palm City's vacancy rate, including seasonal lodging, is about 8.3%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Palm City were built after 1989.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 2.70% |
| Two Bedrooms | 35.80% |
| Three Bedrooms | 46.10% |
| Four Bedrooms | 12.50% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1989 |
| Median Value of occupied units | $173,900 |
| Median Price asked for vacant units | $189,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.9 |
| Median year structure was built | 1989 |
| Median Monthly Rent asked for vacant units | $621 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 5.90% |
| Home Equity Loan | 6.80% |
| Simple Mortgage | 53% |
| Debt Free | 33.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
