Palmer, IA Real Estate
According to census data in the year 2000 there were 109 housing units in Palmer.
This represents a 0.9% decline from 110 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 109 were located in what is classified as a rural area.
Homeownership rate in Palmer is about 77.1%.
Palmer's vacancy rate, including seasonal lodging, is about 3.7%.
Average household size is 2.08 people.
The majority of houses, apartments or condos in Palmer were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.80% |
| One Bedroom | 11% |
| Two Bedrooms | 26.60% |
| Three Bedrooms | 33.90% |
| Four Bedrooms | 20.20% |
| Five Bedrooms or more | 5.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $18,300 |
| Median Price asked for vacant units | $27,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.13 |
| Median year structure was built | 1972 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.40% |
| Home Equity Loan | 2.70% |
| Simple Mortgage | 23% |
| Debt Free | 68.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 10.4% |
