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Palm Springs California Real Estate By Jennifer Hershey

Palm Springs California Real Estate

Palm Springs, California, is located in Riverside County, 26 miles E of Hemet, California and 80 miles NE of San Diego, California. Palm Springs has a population of 42,807.

Palm Springs Homes

Palm Springs properties pool is 20,540 residential properties including Palm Springs new homes. Median age of real estate in Palm Springs is 1973. Average Household size is 2.88 people. 8% are one bedroom homes, 37% are 2 bedroom homes, 41% are 3 bedroom homes, 10% are 4 bedroom homes, and 2% are 5+ bedroom homes.

Palm Springs Mortgage Statistics

Palm Springs mortgages vs. USA median statistics

Homes Palm Springs USA
Homes With No Mortgage 33%
30%
Homes With Mortgage 67%
70%
First Mortgage Only 56%
54%
First & Second Mortgage or HELOC 11%
16%

Palm Springs Area Real Estate Tax

Palm Springs Real estate Tax: Median Real Estate Taxes (2000) were $1,364 comparing to 1999 Median Family income $ 45,318. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Palm Springs School District: Children make up 17% of Palm Springs population. Palm Springs has 7,275 under 18 years old residents, or 0.42 kids per one worker, or 0.35 kids per one household.

Palm Springs Real Estate & Palm Springs Homeownership

There are 8421.4 or 41% one person households, 7599.8 or 37% two person households, and 1848.6 or 9% three person households in Palm Springs, California. Median residents age is 46.9, Senior citizens (65+) make up 11,229 or 26.2%% of Palm Springs population.

There are 17,401 workers (over 16 years of age) in Palm Springs. Of these, 85.89% drive to work. Approximately 2.16% of workers in Palm Springs take public transportation. An estimated 3.7% walk to work.

Median Palm Springs homeowner's housing expences are 21.4%

Crime in Palm Springs (2003), crimes per 10,000 residents per year

Type of Crime Palm Springs USA, 2003
Violent Crimes
91.11
47.5
Robberies
21.02
14.2
Aggravated Assaults
62.14
29.5
Property Crimes
783.98
358.8
Burglaries
215.85
74.0
Larceny-Thefts
476.32
241.5
Motor Vehicle Thefts
91.81
43.3

Invest in Palm Springs Properties

When making a decision about buying real estate in Palm Springs California area, you should consider following statistical data:

Category Palm Springs USA
Near Medium City
Hemet, California
-
Near Large City
San Diego, California
-
Palm Springs Zip Codes
92262, 92264
-
Palm Springs Area Codes
760
-
White population
78.33%
75.1%
African-American population
3.93%
12.3%
Asian
3.83%
3.6%
American Indian & Alaskan
0.94%
0.9%
Hispanic (of any race)
23.72%
12.5%
Median Family Income (1999)
$ 45,318%
$42,000
Population Below Poverty Level
14.96%
12.4%

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