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Royal Palm Estates, FL Real Estate


According to census data in the year 2000 there were 1,125 housing units in Royal Palm Estates.

Of those housing units, 1,125 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Royal Palm Estates is about 50.1%. Royal Palm Estates's vacancy rate, including seasonal lodging, is about 7.6%. Average household size is 3.24 people.

The majority of houses, apartments or condos in Royal Palm Estates were built after 1978.

Statistics

Housing Size

Housing Units by Size
Studio Type2.80%
One Bedroom16.30%
Two Bedrooms41%
Three Bedrooms32.90%
Four Bedrooms7%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size3.04
Median year structure was built1977
Median Value of occupied units$76,700
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size3.44
Median year structure was built1978
Median Monthly Rent asked for vacant units$532

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage13.40%
Home Equity Loan9%
Simple Mortgage75%
Debt Free2.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.5%