Palacios, TX Real Estate
According to census data in the year 2000 there were 2,001 housing units in Palacios.
This represents a 5.5% growth from 1,896 in 1990.
Of those housing units, 2,001 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Palacios is about 68.7%.
Palacios's vacancy rate, including seasonal lodging, is about 15.3%.
Average household size is 3.04 people.
The majority of houses, apartments or condos in Palacios were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.90% |
| One Bedroom | 17.90% |
| Two Bedrooms | 32.80% |
| Three Bedrooms | 38.40% |
| Four Bedrooms | 6.80% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.21 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $55,800 |
| Median Price asked for vacant units | $60,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.66 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $284 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0.80% |
| Home Equity Loan | 2.20% |
| Simple Mortgage | 36.30% |
| Debt Free | 60.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.3% |
