Palmyra, NJ Real Estate
According to census data in the year 2000 there were 3,219 housing units in Palmyra.
This represents a 6.1% growth from 3,035 in 1990.
Of those housing units, 3,219 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Palmyra is about 69.9%.
Palmyra's vacancy rate, including seasonal lodging, is about 6.7%.
Average household size is 2.36 people.
The majority of houses, apartments or condos in Palmyra were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 14.60% |
| Two Bedrooms | 32.40% |
| Three Bedrooms | 34.90% |
| Four Bedrooms | 14.40% |
| Five Bedrooms or more | 3.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1946 |
| Median Value of occupied units | $110,500 |
| Median Price asked for vacant units | $92,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.1 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $517 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 5.30% |
| Home Equity Loan | 6.40% |
| Simple Mortgage | 54.20% |
| Debt Free | 33.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.7% |
