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Palm Beach County, Florida Housing Analysis


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Housing Analysis

Everyone needs shelter in rented housing or individually owned homes. Each community, including Palm Beach County, Florida, is different from the rest based on overall architecture, appearance, occupancy, average housing square footage, average home value, and average home age.



(updated 2010)



Household Type By Tenure
(Palm Beach County, Florida)

Family households:

Married-couple family:

Owner-occupied housing units : 195,548

Renter-occupied housing units : 41,783

Other family:

Male householder, no wife present:

Owner-occupied housing units : 12,965

Renter-occupied housing units : 11,229

Female householder, no husband present:

Owner-occupied housing units : 31,906

Renter-occupied housing units : 31,065

Nonfamily households:

Owner-occupied housing units : 127,311

Renter-occupied housing units : 72,679


(updated 2013)



Mortgage Status By Age of Householder
(Palm Beach County, Florida)

Housing units with a mortgage:

Householder 15 to 34 years : 16,779

Householder 35 to 44 years : 37,883

Householder 45 to 54 years : 57,677

Householder 55 to 59 years : 26,432

Householder 60 to 64 years : 22,164

Householder 65 to 74 years : 31,090

Householder 75 years and over : 20,476

Housing units without a mortgage:

Householder 15 to 34 years : 4,087

Householder 35 to 44 years : 6,306

Householder 45 to 54 years : 13,620

Householder 55 to 59 years : 12,534

Householder 60 to 64 years : 14,509

Householder 65 to 74 years : 37,870

Householder 75 years and over : 66,303


(updated 2013)



Rent Asked
(Palm Beach County, Florida)

Less than $100 : 0

$100 to $149 : 36

$150 to $199 : 119

$200 to $249 : 72

$250 to $299 : 105

$300 to $349 : 147

$350 to $399 : 174

$400 to $449 : 156

$450 to $499 : 221

$500 to $549 : 435

$550 to $599 : 269

$600 to $649 : 1,026

$650 to $699 : 1,159

$700 to $749 : 940

$750 to $799 : 1,004

$800 to $899 : 2,208

$900 to $999 : 2,185

$1,000 to $1,249 : 4,040

$1,250 to $1,499 : 1,761

$1,500 to $1,999 : 1,663

$2,000 or more : 1,699


(updated 2013)



Gross Rent As A Percentage Of Household Income
(Palm Beach County, Florida)

Less than 10.0 percent : 3,546

10.0 to 14.9 percent : 7,692

15.0 to 19.9 percent : 14,336

20.0 to 24.9 percent : 16,987

25.0 to 29.9 percent : 15,376

30.0 to 34.9 percent : 12,454

35.0 to 39.9 percent : 10,690

40.0 to 49.9 percent : 15,582

50.0 percent or more : 48,420

Not computed : 11,673


(updated 2013)



Median Value By Year Structure Built
(Palm Beach County, Florida)

Built 2010 or later : $424,400

Built 2000 to 2009 : $288,800

Built 1990 to 1999 : $239,400

Built 1980 to 1989 : $158,600

Built 1970 to 1979 : $123,500

Built 1960 to 1969 : $151,800

Built 1950 to 1959 : $129,600

Built 1940 to 1949 : $115,800

Built 1939 or earlier : $164,000


(updated 2013)







Percentage of Family Households in Palm Beach County, Florida: 62.6%

Percentage of Family Households in Florida: 65.2%


(updated 2010)



Building Permits in Palm Beach County, Florida

* Units are useful in showing how many separate living spaces
were built. e.g. apartments, townhomes, condos, etc.

    Buildings Units Cost
1999        
  Single Family 6,400 6,400 $886,108,807
  Two Family 19 38 $3,433,202
  Three and Four Family 36 142 $14,928,213
  Five or More Family 213 3,400 $205,368,758
  Total

6,668 9,980 $1,109,838,980
2000        
  Single Family 6,741 6,741 $1,053,725,078
  Two Family 17 34 $2,125,936
  Three and Four Family 37 142 $12,152,081
  Five or More Family 193 3,559 $261,992,478
  Total

6,988 10,476 $1,329,995,573
2001        
  Single Family 7,509 7,509 $1,142,954,566
  Two Family 25 50 $5,092,423
  Three and Four Family 16 61 $9,575,558
  Five or More Family 143 3,126 $280,958,842
  Total

7,693 10,746 $1,438,581,389
2002        
  Single Family 9,404 9,404 $1,573,534,313
  Two Family 55 110 $12,859,916
  Three and Four Family 33 103 $10,169,434
  Five or More Family 182 3,310 $267,140,456
  Total

9,674 12,927 $1,863,704,119
2003        
  Single Family 10,788 10,788 $1,995,949,269
  Two Family 19 38 $2,487,224
  Three and Four Family 24 93 $8,767,438
  Five or More Family 185 4,783 $458,727,635
  Total

11,016 15,702 $2,465,931,566
2004        
  Single Family 10,188 10,188 $2,138,750,589
  Two Family 30 60 $5,332,847
  Three and Four Family 59 229 $31,465,650
  Five or More Family 223 3,952 $329,811,092
  Total

10,500 14,429 $2,505,360,178
2005        
  Single Family 8,605 8,605 $2,156,838,670
  Two Family 13 26 $3,706,296
  Three and Four Family 45 170 $30,144,740
  Five or More Family 208 3,581 $457,847,284
  Total

8,871 12,382 $2,648,536,990
2006        
  Single Family 4,418 4,418 $1,146,043,127
  Two Family 14 28 $5,947,028
  Three and Four Family 20 78 $14,388,154
  Five or More Family 171 3,480 $706,126,937
  Total

4,623 8,004 $1,872,505,246


(updated 2007)



Median Household Income In 2000 (Palm Beach County, FL): $45,062
Median Household Income In 2000 (Florida): $38,819


(updated 2010)



Median House/Condo Value in 2000 (Palm Beach County): $115,000
Median House/Condo Value in 2000 (Florida): $93,200


(updated 2010)



Most Commonly Used Heating Fuel in Palm Beach County, Florida

Utility Gas: 2.8%
Bottled, Tank, Or Lp Gas: 1.2%
Electricity: 93.4%
Fuel Oil, Kerosene, Etc.: 0.4%
Coal Or Coke: 0.0%
Wood: 0.1%
Solar Energy: 0.0%
Other Fuel: 0.0%
No Fuel Used: 2.1%


(updated 2010)





(updated 2010)





Population in Group Quarters in Palm Beach County, Florida

Institutionalized population


  • Correctional facilities for adults : 30.32%
  • Juvenile facilities : 1.48%
  • Nursing facilities/Skilled-nursing facilities : 28.86%
  • Other institutional facilities : 0.98%

Noninstitutionalized population


  • College/University student housing : 20.86%
  • Military quarters : 0.01%
  • Other noninstitutional facilities : 17.49%


(updated 2010)







Median Gross Rent in 2000 (Palm Beach County): $739
Median Gross Rent in 2000 (Florida): $641
Fair Market Rent in 2007 (Palm Beach County): $1150


(updated 2010)



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