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Palmetto, FL Housing

 
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As of 2010-2014, median price of a house in Palmetto is $106,800, which is lower than the state average of $156,200 and is much lower than the national average of $175,700. The Palmetto median house value has grown by 24.62% since 2000. The growth rate for the price of a house in Palmetto is lower than the state average rate of 48.06% and is lower than the national average rate of 46.91%. The median year that a house in Palmetto was built is 1983, which is older than the median year for a house built in the state which is 1985 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 3,431 Owner Occupied Houses in Palmetto, FL, #577
Palmetto, FL
106,800 USD
Florida
156,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #568
Palmetto, FL
24.62%
Florida
48.06%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Palmetto, FLFloridaU.S.
Total Housing Units7,021, see rank, 100%9,051,851132,741,033
Occupied Housing Units5,092, 72.53%, see rank79.74%87.55%
Owner Occupied3,431, 48.87%, see rank52.73%56.34%
Renter Occupied1,661, 23.66%, see rank27.01%31.21%
Vacant Housing Units1,929, 27.47%, see rank20.26%12.45%
For Rent105, 1.50%, see rank2.97%2.34%
For Sale Only317, 4.52%, see rank1.66%1.20%
Rented or Sold, Not Occupied121, 1.72%, see rank1.21%0.92%
For Seasonal, Recreational, or Occasional Use1,180, 16.81%, see rank9.84%3.97%
For Migrant Workers41, 0.58%, see rank0.04%0.03%
Other Vacant165, 2.35%, see rank4.54%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #403
Palmetto, FLFloridaU.S.
198319851976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Palmetto, FL%FloridaU.S.
Owner-Occupied Units3,431100%4,772,94474,787,460
With a Mortgage1,58646.23%, see rank61.11%65.58%
Without a Mortgage1,84553.77%, see rank38.89%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Palmetto, FL
1,325 USD
Florida
1,480 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsPalmetto, FL%FloridaU.S.
$299 or Less00.00%, see rank0.21%0.20%
$300 to $499100.63%, see rank1.53%1.59%
$500 to $699744.67%, see rank5.00%5.01%
$700 to $99923114.56%, see rank14.91%14.32%
$1,000 to $1,49970544.45%, see rank29.50%27.90%
$1,500 to $1,99925716.20%, see rank21.21%20.35%
$2,000 to $2,99921513.56%, see rank18.45%19.52%
$3,000 or More945.93%, see rank9.20%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Palmetto, FL
30.50% of the Total Income
Florida
26.90% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Palmetto, FL%FloridaU.S.
10% or Less462.90%, see rank4.76%5.86%
10% to 20%46329.19%, see rank25.89%31.95%
20% to 30%25716.20%, see rank25.92%27.64%
30% to 40%30118.98%, see rank14.93%13.74%
40% or More50031.53%, see rank27.62%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Palmetto, FL
396 USD
Florida
469 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsPalmetto, FL%FloridaU.S.
$199 or Less31216.91%, see rank9.06%7.76%
$200 to $29933618.21%, see rank13.71%14.70%
$300 to $49948526.29%, see rank32.19%34.63%
$500 to $69950327.26%, see rank22.09%21.16%
$700 or More20911.33%, see rank22.95%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Palmetto, FL
12.10% of the Total Income
Florida
13.30% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Palmetto, FL%FloridaU.S.
10% or Less71438.70%, see rank36.34%40.19%
10% to 20%62433.82%, see rank31.41%31.47%
20% to 30%24813.44%, see rank12.98%12.24%
30% to 40%693.74%, see rank6.40%5.64%
40% or More1296.99%, see rank10.85%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Palmetto, FLFloridaU.S.
Total Housing Units7,021, 100%9,051,851132,741,033
1-unit, Detached2,455, 34.97%, see rank54.16%61.65%
1-unit, Attached590, 8.40%, see rank6.28%5.82%
2 Units362, 5.16%, see rank2.17%3.75%
3 or 4 Units239, 3.40%, see rank3.85%4.43%
5 to 9 Units143, 2.04%, see rank5.03%4.78%
10 or More Units1,274, 18.15%, see rank19.24%13.08%
Mobile Home, Boat, RV, Van, etc.1,958, 27.89%, see rank9.28%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Palmetto, FLFloridaU.S.
Total Housing Units7,021, 100%9,051,851132,741,033
1 Room43, 0.61%, see rank1.65%1.95%
2 Rooms415, 5.91%, see rank2.16%2.48%
3 Rooms1,072, 15.27%, see rank10.38%9.13%
4 Rooms1,943, 27.67%, see rank21.92%16.60%
5 Rooms1,812, 25.81%, see rank23.70%20.41%
6 Rooms954, 13.59%, see rank17.82%18.06%
7 Rooms390, 5.55%, see rank10.59%12.27%
8 Rooms204, 2.91%, see rank6.13%8.48%
9 Rooms or More188, 2.68%, see rank5.66%10.60%
Median Rooms4.50, see rank5.105.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Palmetto, FLFloridaU.S.
Total Housing Units7,021, 100%9,051,851132,741,033
No Bedroom66, 0.94%, see rank1.80%2.17%
1 Bedroom1,327, 18.90%, see rank10.62%11.16%
2 Bedrooms3,094, 44.07%, see rank33.79%26.69%
3 Bedrooms2,000, 28.49%, see rank38.45%39.70%
4 Bedrooms477, 6.79%, see rank12.90%16.05%
5 or More Bedrooms57, 0.81%, see rank2.45%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Palmetto, FLFloridaU.S.
Total Housing Units5,092, 100%7,217,508116,211,092
Utility Gas95, 1.87%, see rank4.53%48.85%
Bottled, Tank, or LP Gas30, 0.59%, see rank1.12%4.86%
Electricity4,917, 96.56%, see rank92.30%36.68%
Fuel Oil, Kerosene, etc.15, 0.29%, see rank0.22%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood0, 0.00%, see rank0.20%2.12%
Solar Energy0, 0.00%, see rank0.03%0.05%
Other Fuel0, 0.00%, see rank0.04%0.47%
No Fuel Used35, 0.69%, see rank1.56%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalPalmetto, FLFloridaU.S.
Occupied Units Paying Rent1,597, 100%2,322,94939,201,928
$199 or Less31, 1.94%, see rank1.03%1.50%
$200 to $29979, 4.95%, see rank1.85%3.18%
$300 to $499134, 8.39%, see rank3.93%7.37%
$500 to $699365, 22.86%, see rank11.03%16.01%
$700 to $999450, 28.18%, see rank32.44%29.17%
$1,000 to $1,499351, 21.98%, see rank34.44%26.88%
$1,500 to $1,999148, 9.27%, see rank10.35%9.79%
$2,000 or More39, 2.44%, see rank4.93%6.10%
Median$775, see rank$998$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Palmetto, FLFloridaU.S.
Occupied Housing Units5,092, 100%7,217,508116,211,092
No Vehicles Available431, 8.46%, see rank7.09%9.12%
1 Vehicles Available2,635, 51.75%, see rank41.49%33.80%
2 Vehicles Available1,423, 27.95%, see rank37.93%37.48%
3 or More Vehicles Available603, 11.84%, see rank13.49%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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