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Palm Beach County Housing

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As of 2010-2014, median price of a house in Palm Beach County is $194,600, which is higher than the state average of $156,200 and is higher than the national average of $175,700. The Palm Beach County median house value has grown by 43.93% since 2000. The growth rate for the price of a house in Palm Beach County 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 Palm Beach County was built is 1985, which is about the same as 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 Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 371,761 Owner Occupied Houses in Palm Beach County, #5

Palm Beach County	194,600 USD
Florida	156,200 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #29

Palm Beach County	43.93%
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

	Palm Beach County	Florida	U.S.
Total Housing Units	668,464, see rank, 100%	9,051,851	132,741,033
Occupied Housing Units	529,729, 79.25%, see rank	79.74%	87.55%
Owner Occupied	371,761, 55.61%, see rank	52.73%	56.34%
Renter Occupied	157,968, 23.63%, see rank	27.01%	31.21%
Vacant Housing Units	138,735, 20.75%, see rank	20.26%	12.45%
For Rent	14,949, 2.24%, see rank	2.97%	2.34%
For Sale Only	10,375, 1.55%, see rank	1.66%	1.20%
Rented or Sold, Not Occupied	11,935, 1.79%, see rank	1.21%	0.92%
For Seasonal, Recreational, or Occasional Use	80,011, 11.97%, see rank	9.84%	3.97%
For Migrant Workers	214, 0.03%, see rank	0.04%	0.03%
Other Vacant	21,251, 3.18%, see rank	4.54%	4.00%

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

Year Structure Built

Median Built Year, #39

Palm Beach County	Florida	U.S.
1985	1985	1976

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

	Palm Beach County	%	Florida	U.S.
Owner-Occupied Units	371,761	100%	4,772,944	74,787,460
With a Mortgage	216,384	58.21%, see rank	61.11%	65.58%
Without a Mortgage	155,377	41.79%, see rank	38.89%	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

Palm Beach County	1,738 USD
Florida	1,480 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Palm Beach County	%	Florida	U.S.
$299 or Less	312	0.14%, see rank	0.21%	0.20%
$300 to $499	2,683	1.24%, see rank	1.53%	1.59%
$500 to $699	7,167	3.31%, see rank	5.00%	5.01%
$700 to $999	22,250	10.28%, see rank	14.91%	14.32%
$1,000 to $1,499	51,507	23.80%, see rank	29.50%	27.90%
$1,500 to $1,999	47,257	21.84%, see rank	21.21%	20.35%
$2,000 to $2,999	52,047	24.05%, see rank	18.45%	19.52%
$3,000 or More	33,161	15.33%, see rank	9.20%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Palm Beach County	28.60% 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

	Palm Beach County	%	Florida	U.S.
10% or Less	11,433	5.28%, see rank	4.76%	5.86%
10% to 20%	48,915	22.61%, see rank	25.89%	31.95%
20% to 30%	53,927	24.92%, see rank	25.92%	27.64%
30% to 40%	32,157	14.86%, see rank	14.93%	13.74%
40% or More	68,333	31.58%, see rank	27.62%	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

Palm Beach County	615 USD
Florida	469 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Palm Beach County	%	Florida	U.S.
$199 or Less	5,883	3.79%, see rank	9.06%	7.76%
$200 to $299	10,990	7.07%, see rank	13.71%	14.70%
$300 to $499	37,690	24.26%, see rank	32.19%	34.63%
$500 to $699	37,487	24.13%, see rank	22.09%	21.16%
$700 or More	63,327	40.76%, see rank	22.95%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Palm Beach County	15.50% 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

	Palm Beach County	%	Florida	U.S.
10% or Less	46,353	29.83%, see rank	36.34%	40.19%
10% to 20%	47,183	30.37%, see rank	31.41%	31.47%
20% to 30%	23,490	15.12%, see rank	12.98%	12.24%
30% to 40%	12,111	7.79%, see rank	6.40%	5.64%
40% or More	23,544	15.15%, see rank	10.85%	9.16%

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

Units in Structure

	Palm Beach County	Florida	U.S.
Total Housing Units	668,464, 100%	9,051,851	132,741,033
1-unit, Detached	308,555, 46.16%, see rank	54.16%	61.65%
1-unit, Attached	67,811, 10.14%, see rank	6.28%	5.82%
2 Units	19,758, 2.96%, see rank	2.17%	3.75%
3 or 4 Units	46,528, 6.96%, see rank	3.85%	4.43%
5 to 9 Units	41,317, 6.18%, see rank	5.03%	4.78%
10 or More Units	165,622, 24.78%, see rank	19.24%	13.08%
Mobile Home, Boat, RV, Van, etc.	18,873, 2.82%, see rank	9.28%	6.49%

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

Rooms

	Palm Beach County	Florida	U.S.
Total Housing Units	668,464, 100%	9,051,851	132,741,033
1 Room	7,514, 1.12%, see rank	1.65%	1.95%
2 Rooms	14,600, 2.18%, see rank	2.16%	2.48%
3 Rooms	69,948, 10.46%, see rank	10.38%	9.13%
4 Rooms	169,514, 25.36%, see rank	21.92%	16.60%
5 Rooms	153,870, 23.02%, see rank	23.70%	20.41%
6 Rooms	107,818, 16.13%, see rank	17.82%	18.06%
7 Rooms	62,862, 9.40%, see rank	10.59%	12.27%
8 Rooms	41,341, 6.18%, see rank	6.13%	8.48%
9 Rooms or More	40,997, 6.13%, see rank	5.66%	10.60%
Median Rooms	5.00, see rank	5.10	5.50

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

Bedrooms

	Palm Beach County	Florida	U.S.
Total Housing Units	668,464, 100%	9,051,851	132,741,033
No Bedroom	8,253, 1.23%, see rank	1.80%	2.17%
1 Bedroom	70,724, 10.58%, see rank	10.62%	11.16%
2 Bedrooms	263,810, 39.47%, see rank	33.79%	26.69%
3 Bedrooms	226,968, 33.95%, see rank	38.45%	39.70%
4 Bedrooms	75,501, 11.29%, see rank	12.90%	16.05%
5 or More Bedrooms	23,208, 3.47%, see rank	2.45%	4.22%

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

House Heating Fuel

	Palm Beach County	Florida	U.S.
Total Housing Units	529,729, 100%	7,217,508	116,211,092
Utility Gas	12,945, 2.44%, see rank	4.53%	48.85%
Bottled, Tank, or LP Gas	2,582, 0.49%, see rank	1.12%	4.86%
Electricity	502,715, 94.90%, see rank	92.30%	36.68%
Fuel Oil, Kerosene, etc.	749, 0.14%, see rank	0.22%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	304, 0.06%, see rank	0.20%	2.12%
Solar Energy	161, 0.03%, see rank	0.03%	0.05%
Other Fuel	165, 0.03%, see rank	0.04%	0.47%
No Fuel Used	10,108, 1.91%, see rank	1.56%	1.00%

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

Gross Rent

Monthly Rental	Palm Beach County	Florida	U.S.
Occupied Units Paying Rent	150,748, 100%	2,322,949	39,201,928
$199 or Less	1,180, 0.78%, see rank	1.03%	1.50%
$200 to $299	2,083, 1.38%, see rank	1.85%	3.18%
$300 to $499	3,855, 2.56%, see rank	3.93%	7.37%
$500 to $699	9,694, 6.43%, see rank	11.03%	16.01%
$700 to $999	35,507, 23.55%, see rank	32.44%	29.17%
$1,000 to $1,499	60,530, 40.15%, see rank	34.44%	26.88%
$1,500 to $1,999	23,460, 15.56%, see rank	10.35%	9.79%
$2,000 or More	14,439, 9.58%, see rank	4.93%	6.10%
Median	$1,158, see rank	$998	$920

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

Vehicle Available

	Palm Beach County	Florida	U.S.
Occupied Housing Units	529,729, 100%	7,217,508	116,211,092
No Vehicles Available	35,027, 6.61%, see rank	7.09%	9.12%
1 Vehicles Available	230,958, 43.60%, see rank	41.49%	33.80%
2 Vehicles Available	199,880, 37.73%, see rank	37.93%	37.48%
3 or More Vehicles Available	63,864, 12.06%, see rank	13.49%	19.61%

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