Palm Springs, FL Real Estate
According to census data in the year 2000 there were 5,946 housing units in Palm Springs.
This represents a 9.5% growth from 5,431 in 1990.
Of those housing units, 5,946 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 Springs is about 64.7%.
Palm Springs's vacancy rate, including seasonal lodging, is about 13.1%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Palm Springs were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.90% |
| One Bedroom | 24.90% |
| Two Bedrooms | 44.70% |
| Three Bedrooms | 20.60% |
| Four Bedrooms | 5.60% |
| Five Bedrooms or more | 0.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $80,800 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $623 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 5.40% |
| Home Equity Loan | 6.30% |
| Simple Mortgage | 61.30% |
| Debt Free | 26.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.5% |
