Palmer, TX Real Estate
According to census data in the year 2000 there were 594 housing units in Palmer.
This represents a 1.9% growth from 583 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 594 were located in what is classified as a rural area.
Homeownership rate in Palmer is about 79.2%.
Palmer's vacancy rate, including seasonal lodging, is about 5.9%.
Average household size is 3.18 people.
The majority of houses, apartments or condos in Palmer were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 4.20% |
| Two Bedrooms | 27.60% |
| Three Bedrooms | 55.10% |
| Four Bedrooms | 11.40% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.23 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $59,600 |
| Median Price asked for vacant units | $80,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.99 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $578 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 3.70% |
| Simple Mortgage | 63.20% |
| Debt Free | 33.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
