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West Palm Beach, FL Housing

 
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As of 2010-2014, median price of a house in West Palm Beach is $173,000, which is higher than the state average of $156,200 and is about the same as the national average of $175,700. The West Palm Beach median house value has grown by 76.53% since 2000. The growth rate for the price of a house in West Palm Beach is higher than the state average rate of 48.06% and is higher than the national average rate of 46.91%. The median year that a house in West Palm Beach was built is 1984, 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 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 20,927 Owner Occupied Houses in West Palm Beach, FL, #294
West Palm Beach, FL
173,000 USD
Florida
156,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #126
West Palm Beach, FL
76.53%
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

 West Palm Beach, FLFloridaU.S.
Total Housing Units54,320, see rank, 100%9,051,851132,741,033
Occupied Housing Units41,411, 76.24%, see rank79.74%87.55%
Owner Occupied20,927, 38.53%, see rank52.73%56.34%
Renter Occupied20,484, 37.71%, see rank27.01%31.21%
Vacant Housing Units12,909, 23.76%, see rank20.26%12.45%
For Rent2,045, 3.76%, see rank2.97%2.34%
For Sale Only818, 1.51%, see rank1.66%1.20%
Rented or Sold, Not Occupied2,323, 4.28%, see rank1.21%0.92%
For Seasonal, Recreational, or Occasional Use5,438, 10.01%, see rank9.84%3.97%
For Migrant Workers0, 0.00%, see rank0.04%0.03%
Other Vacant2,285, 4.21%, see rank4.54%4.00%

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

Year Structure Built

Median Built Year, #360
West Palm Beach, FLFloridaU.S.
198419851976

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

 West Palm Beach, FL%FloridaU.S.
Owner-Occupied Units20,927100%4,772,94474,787,460
With a Mortgage13,29263.52%, see rank61.11%65.58%
Without a Mortgage7,63536.48%, 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
West Palm Beach, FL
1,638 USD
Florida
1,480 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsWest Palm Beach, FL%FloridaU.S.
$299 or Less00.00%, see rank0.21%0.20%
$300 to $499900.68%, see rank1.53%1.59%
$500 to $6993032.28%, see rank5.00%5.01%
$700 to $9991,60712.09%, see rank14.91%14.32%
$1,000 to $1,4993,70827.90%, see rank29.50%27.90%
$1,500 to $1,9993,33425.08%, see rank21.21%20.35%
$2,000 to $2,9992,54319.13%, see rank18.45%19.52%
$3,000 or More1,70712.84%, see rank9.20%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
West Palm Beach, FL
30.60% 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
 West Palm Beach, FL%FloridaU.S.
10% or Less5364.03%, see rank4.76%5.86%
10% to 20%2,91121.90%, see rank25.89%31.95%
20% to 30%2,99022.49%, see rank25.92%27.64%
30% to 40%2,07915.64%, see rank14.93%13.74%
40% or More4,60534.64%, 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
West Palm Beach, FL
601 USD
Florida
469 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsWest Palm Beach, FL%FloridaU.S.
$199 or Less3094.05%, see rank9.06%7.76%
$200 to $2997309.56%, see rank13.71%14.70%
$300 to $4991,82023.84%, see rank32.19%34.63%
$500 to $6991,62121.23%, see rank22.09%21.16%
$700 or More3,15541.32%, see rank22.95%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
West Palm Beach, FL
14.90% 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
 West Palm Beach, FL%FloridaU.S.
10% or Less2,33930.64%, see rank36.34%40.19%
10% to 20%2,30330.16%, see rank31.41%31.47%
20% to 30%1,25116.39%, see rank12.98%12.24%
30% to 40%5346.99%, see rank6.40%5.64%
40% or More1,10314.45%, 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

 West Palm Beach, FLFloridaU.S.
Total Housing Units54,320, 100%9,051,851132,741,033
1-unit, Detached22,016, 40.53%, see rank54.16%61.65%
1-unit, Attached3,980, 7.33%, see rank6.28%5.82%
2 Units1,510, 2.78%, see rank2.17%3.75%
3 or 4 Units4,445, 8.18%, see rank3.85%4.43%
5 to 9 Units2,868, 5.28%, see rank5.03%4.78%
10 or More Units19,242, 35.42%, see rank19.24%13.08%
Mobile Home, Boat, RV, Van, etc.259, 0.48%, see rank9.28%6.49%

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

Rooms

 West Palm Beach, FLFloridaU.S.
Total Housing Units54,320, 100%9,051,851132,741,033
1 Room1,650, 3.04%, see rank1.65%1.95%
2 Rooms2,781, 5.12%, see rank2.16%2.48%
3 Rooms8,357, 15.38%, see rank10.38%9.13%
4 Rooms16,050, 29.55%, see rank21.92%16.60%
5 Rooms11,281, 20.77%, see rank23.70%20.41%
6 Rooms6,718, 12.37%, see rank17.82%18.06%
7 Rooms3,643, 6.71%, see rank10.59%12.27%
8 Rooms2,001, 3.68%, see rank6.13%8.48%
9 Rooms or More1,839, 3.39%, see rank5.66%10.60%
Median Rooms4.40, see rank5.105.50

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

Bedrooms

 West Palm Beach, FLFloridaU.S.
Total Housing Units54,320, 100%9,051,851132,741,033
No Bedroom1,835, 3.38%, see rank1.80%2.17%
1 Bedroom9,742, 17.93%, see rank10.62%11.16%
2 Bedrooms22,310, 41.07%, see rank33.79%26.69%
3 Bedrooms16,338, 30.08%, see rank38.45%39.70%
4 Bedrooms3,445, 6.34%, see rank12.90%16.05%
5 or More Bedrooms650, 1.20%, see rank2.45%4.22%

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

House Heating Fuel

 West Palm Beach, FLFloridaU.S.
Total Housing Units41,411, 100%7,217,508116,211,092
Utility Gas1,477, 3.57%, see rank4.53%48.85%
Bottled, Tank, or LP Gas168, 0.41%, see rank1.12%4.86%
Electricity38,724, 93.51%, see rank92.30%36.68%
Fuel Oil, Kerosene, etc.36, 0.09%, see rank0.22%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood34, 0.08%, see rank0.20%2.12%
Solar Energy0, 0.00%, see rank0.03%0.05%
Other Fuel35, 0.08%, see rank0.04%0.47%
No Fuel Used937, 2.26%, see rank1.56%1.00%

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

Gross Rent

Monthly RentalWest Palm Beach, FLFloridaU.S.
Occupied Units Paying Rent19,675, 100%2,322,94939,201,928
$199 or Less301, 1.53%, see rank1.03%1.50%
$200 to $299418, 2.12%, see rank1.85%3.18%
$300 to $499509, 2.59%, see rank3.93%7.37%
$500 to $6991,697, 8.63%, see rank11.03%16.01%
$700 to $9995,744, 29.19%, see rank32.44%29.17%
$1,000 to $1,4997,955, 40.43%, see rank34.44%26.88%
$1,500 to $1,9991,895, 9.63%, see rank10.35%9.79%
$2,000 or More1,156, 5.88%, see rank4.93%6.10%
Median$1,056, see rank$998$920

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

Vehicle Available

 West Palm Beach, FLFloridaU.S.
Occupied Housing Units41,411, 100%7,217,508116,211,092
No Vehicles Available4,192, 10.12%, see rank7.09%9.12%
1 Vehicles Available21,113, 50.98%, see rank41.49%33.80%
2 Vehicles Available12,758, 30.81%, see rank37.93%37.48%
3 or More Vehicles Available3,348, 8.08%, see rank13.49%19.61%

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


 
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