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Palmetto Estates, FL Real Estate


According to census data in the year 2000 there were 4,187 housing units in Palmetto Estates. This represents a 4.3% growth from 4,016 in 1990.

Of those housing units, 4,187 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Palmetto Estates is about 83.8%. Palmetto Estates's vacancy rate, including seasonal lodging, is about 3.2%. Average household size is 3.35 people.

The majority of houses, apartments or condos in Palmetto Estates were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type11.30%
One Bedroom4.60%
Two Bedrooms12%
Three Bedrooms44.80%
Four Bedrooms26%
Five Bedrooms or more1.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.42
Median year structure was built1973
Median Value of occupied units$104,200
Median Price asked for vacant units$110,800

Rented Homes, Apartments and Condos

Average Household Size2.98
Median year structure was built1972

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage13.50%
Home Equity Loan7.70%
Simple Mortgage61.20%
Debt Free16.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs24.4%