Palmerton, PA Real Estate
According to census data in the year 2000 there were 2,365 housing units in Palmerton.
This represents a 4.9% growth from 2,254 in 1990.
Of those housing units, 2,365 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Palmerton is about 68.1%.
Palmerton's vacancy rate, including seasonal lodging, is about 6.1%.
Average household size is 2.36 people.
The majority of houses, apartments or condos in Palmerton were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 7% |
| Two Bedrooms | 34% |
| Three Bedrooms | 42.90% |
| Four Bedrooms | 12.90% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $72,400 |
| Median Price asked for vacant units | $63,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.01 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $391 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 3.80% |
| Home Equity Loan | 14.50% |
| Simple Mortgage | 40.20% |
| Debt Free | 40.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.3% |
