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Palmetto, LA Real Estate


According to census data in the year 2000 there were 106 housing units in Palmetto. This represents a 1.9% decline from 108 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 106 were located in what is classified as a rural area.

Homeownership rate in Palmetto is about 67.6%. Palmetto's vacancy rate, including seasonal lodging, is about 35.8%. Average household size is 3.13 people.

The majority of houses, apartments or condos in Palmetto were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type6.60%
One Bedroom8.50%
Two Bedrooms44.30%
Three Bedrooms32.10%
Four Bedrooms6.60%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1972
Median Value of occupied units$31,300
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size5.18
Median year structure was built1947
Median Monthly Rent asked for vacant units$150

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage18.50%
Debt Free81.50%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs25%