USA.com / Louisiana / Saint Landry County / Palmetto, LA / Housing

Palmetto, LA Housing

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As of 2010-2014, median price of a house in Palmetto is $50,000, which is much lower than the state average of $140,400 and is much lower than the national average of $175,700. The Palmetto median house value has grown by 59.74% since 2000. The growth rate for the price of a house in Palmetto is lower than the state average rate of 65.18% and is higher than the national average rate of 46.91%. The median year that a house in Palmetto was built is 1980, which is newer than the median year for a house built in the state which is 1978 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 36 Owner Occupied Houses in Palmetto, LA, #426

Palmetto, LA	50,000 USD
Louisiana	140,400 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #185

Palmetto, LA	59.74%
Louisiana	65.18%
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, LA	Louisiana	U.S.
Total Housing Units	78, see rank, 100%	1,988,460	132,741,033
Occupied Housing Units	60, 76.92%, see rank	86.44%	87.55%
Owner Occupied	36, 46.15%, see rank	57.32%	56.34%
Renter Occupied	24, 30.77%, see rank	29.12%	31.21%
Vacant Housing Units	18, 23.08%, see rank	13.56%	12.45%
For Rent	0, 0.00%, see rank	2.63%	2.34%
For Sale Only	0, 0.00%, see rank	1.10%	1.20%
Rented or Sold, Not Occupied	0, 0.00%, see rank	0.95%	0.92%
For Seasonal, Recreational, or Occasional Use	2, 2.56%, see rank	2.59%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.08%	0.03%
Other Vacant	16, 20.51%, see rank	6.22%	4.00%

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

Year Structure Built

Median Built Year, #156

Palmetto, LA	Louisiana	U.S.
1980	1978	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

	Palmetto, LA	%	Louisiana	U.S.
Owner-Occupied Units	36	100%	1,139,756	74,787,460
With a Mortgage	11	30.56%, see rank	54.76%	65.58%
Without a Mortgage	25	69.44%, see rank	45.24%	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, LA	670 USD
Louisiana	1,207 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Palmetto, LA	%	Louisiana	U.S.
$299 or Less	0	0.00%, see rank	0.30%	0.20%
$300 to $499	0	0.00%, see rank	3.00%	1.59%
$500 to $699	7	63.64%, see rank	9.69%	5.01%
$700 to $999	4	36.36%, see rank	21.94%	14.32%
$1,000 to $1,499	0	0.00%, see rank	32.94%	27.90%
$1,500 to $1,999	0	0.00%, see rank	17.38%	20.35%
$2,000 to $2,999	0	0.00%, see rank	11.03%	19.52%
$3,000 or More	0	0.00%, see rank	3.72%	11.12%

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

Palmetto, LA	21.30% of the Total Income
Louisiana	20.90% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Palmetto, LA	%	Louisiana	U.S.
10% or Less	5	45.45%, see rank	9.69%	5.86%
10% to 20%	0	0.00%, see rank	37.39%	31.95%
20% to 30%	2	18.18%, see rank	23.78%	27.64%
30% to 40%	4	36.36%, see rank	11.02%	13.74%
40% or More	0	0.00%, see rank	17.58%	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, LA	205 USD
Louisiana	321 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Palmetto, LA	%	Louisiana	U.S.
$199 or Less	12	48.00%, see rank	19.26%	7.76%
$200 to $299	6	24.00%, see rank	25.79%	14.70%
$300 to $499	7	28.00%, see rank	35.65%	34.63%
$500 to $699	0	0.00%, see rank	12.17%	21.16%
$700 to $999	0	0.00%, see rank	0.00%	0.00%
$1,000 or More	0	0.00%, see rank	0.00%	0.00%

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

Palmetto, LA	10.00% of the Total Income
Louisiana	10.00% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Palmetto, LA	%	Louisiana	U.S.
10% or Less	15	60.00%, see rank	50.56%	40.19%
10% to 20%	1	4.00%, see rank	27.19%	31.47%
20% to 30%	4	16.00%, see rank	9.73%	12.24%
30% to 40%	2	8.00%, see rank	4.05%	5.64%
40% or More	0	0.00%, see rank	6.80%	9.16%

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

Units in Structure

	Palmetto, LA	Louisiana	U.S.
Total Housing Units	78, 100%	1,988,460	132,741,033
1-unit, Detached	53, 67.95%, see rank	65.06%	61.65%
1-unit, Attached	0, 0.00%, see rank	3.07%	5.82%
2 Units	6, 7.69%, see rank	3.90%	3.75%
3 or 4 Units	0, 0.00%, see rank	4.26%	4.43%
5 to 9 Units	0, 0.00%, see rank	3.33%	4.78%
10 or More Units	0, 0.00%, see rank	6.95%	13.08%
Mobile Home, Boat, RV, Van, etc.	19, 24.36%, see rank	13.43%	6.49%

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

Rooms

	Palmetto, LA	Louisiana	U.S.
Total Housing Units	78, 100%	1,988,460	132,741,033
1 Room	2, 2.56%, see rank	1.30%	1.95%
2 Rooms	0, 0.00%, see rank	1.78%	2.48%
3 Rooms	7, 8.97%, see rank	7.77%	9.13%
4 Rooms	15, 19.23%, see rank	17.53%	16.60%
5 Rooms	20, 25.64%, see rank	25.18%	20.41%
6 Rooms	13, 16.67%, see rank	19.93%	18.06%
7 Rooms	15, 19.23%, see rank	12.11%	12.27%
8 Rooms	2, 2.56%, see rank	7.29%	8.48%
9 Rooms or More	4, 5.13%, see rank	7.10%	10.60%
Median Rooms	5.30, see rank	5.40	5.50

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

Bedrooms

	Palmetto, LA	Louisiana	U.S.
Total Housing Units	78, 100%	1,988,460	132,741,033
No Bedroom	2, 2.56%, see rank	1.42%	2.17%
1 Bedroom	7, 8.97%, see rank	8.78%	11.16%
2 Bedrooms	12, 15.38%, see rank	25.11%	26.69%
3 Bedrooms	35, 44.87%, see rank	48.54%	39.70%
4 Bedrooms	20, 25.64%, see rank	13.98%	16.05%
5 or More Bedrooms	2, 2.56%, see rank	2.18%	4.22%

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

House Heating Fuel

	Palmetto, LA	Louisiana	U.S.
Total Housing Units	60, 100%	1,718,876	116,211,092
Utility Gas	16, 26.67%, see rank	35.46%	48.85%
Bottled, Tank, or LP Gas	0, 0.00%, see rank	2.46%	4.86%
Electricity	43, 71.67%, see rank	61.06%	36.68%
Fuel Oil, Kerosene, etc.	0, 0.00%, see rank	0.07%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	1, 1.67%, see rank	0.59%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	0, 0.00%, see rank	0.07%	0.47%
No Fuel Used	0, 0.00%, see rank	0.28%	1.00%

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

Gross Rent

Monthly Rental	Palmetto, LA	Louisiana	U.S.
Occupied Units Paying Rent	17, 100%	517,424	39,201,928
$199 or Less	0, 0.00%, see rank	1.85%	1.50%
$200 to $299	4, 23.53%, see rank	4.16%	3.18%
$300 to $499	6, 35.29%, see rank	11.15%	7.37%
$500 to $699	3, 17.65%, see rank	21.20%	16.01%
$700 to $999	4, 23.53%, see rank	35.30%	29.17%
$1,000 to $1,499	0, 0.00%, see rank	20.64%	26.88%
$1,500 to $1,999	0, 0.00%, see rank	4.19%	9.79%
$2,000 or More	0, 0.00%, see rank	1.51%	6.10%
Median	$338, see rank	$786	$920

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

Vehicle Available

	Palmetto, LA	Louisiana	U.S.
Occupied Housing Units	60, 100%	1,718,876	116,211,092
No Vehicles Available	10, 16.67%, see rank	8.59%	9.12%
1 Vehicles Available	25, 41.67%, see rank	37.07%	33.80%
2 Vehicles Available	13, 21.67%, see rank	37.93%	37.48%
3 or More Vehicles Available	12, 20.00%, see rank	16.42%	19.61%

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