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Palmer Ranch

Learn about the people, housing, costs and businesses in Palmer Ranch, Florida

Median Home$553,420
Median Rent$1,912/month
Population16,888
Leading IndustriesArts, Food & Hospitality · Healthcare · Education12% arts, food & hospitality
Home Value Growth⬆⬆+20.8% over 2 years
Retirees46% of residentstop 1% nationally
Homeowners75% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableAmenity Score70/100 · highly walkable area
Palmer Ranch
FL

Frequently Asked Questions

What are today's mortgage rates in Palmer Ranch?

As of today, the 30-year fixed mortgage rate for Palmer Ranch is approximately 6.836% (6.870% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Palmer Ranch?

The median home value in Palmer Ranch is $553k. The median monthly rent is $1,912. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Palmer Ranch?

Home values in Palmer Ranch have increased 20.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Palmer Ranch?

Based on a typical all-in ownership cost of $1,648/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $71k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Palmer Ranch is $97k/year.

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What industries drive the economy in Palmer Ranch?

The largest employment sectors in Palmer Ranch are public administration (24%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.