How much do homeowners pay a month in Palm Springs North, FL?
Homeowners with a mortgage in Palm Springs North, FL pay a median of $2,678 (±$196) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $669 (±$76).
64.3% of owned homes carry a mortgage.
In Palm Springs North, the median monthly cost with a mortgage went from $2,121 in 2015–2019 to $2,678 in 2020–2024 (+26.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $2,678 (±$196)
- Without a mortgage
- $669 (±$76)
- Owned with a mortgage
- 64.3%
Monthly owner costs in Palm Springs North
| Palm Springs North | Miami-Dade County | Florida | United States | |
|---|---|---|---|---|
| With a mortgage | $2,678 (±$196) | $2,451 (±$24) | $1,959 (±$5) | $1,963 |
| Without a mortgage | $669 (±$76) | $815 (±$11) | $673 (±$3) | $638 |
| Owned homes with a mortgage | 64.3% (±12.3 points) | 58.8% (±0.6 points) | 56.3% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $3,755 (±$462) | $3,744 (±$42) | $2,730 (±$10) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Palm Springs North, the median cost with a mortgage is higher than in Miami-Dade County ($2,451).
It is also higher than in Florida ($1,959).
It is higher than the national figure ($1,963).
In Miami-Dade County, Palm Springs North ranks 26 of 69 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 131 of 830.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Palm Springs North have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $2,121 (±$124) | $2,678 (±$196) | +26.3% | No measurable change after inflation |
| Median real estate taxes | $3,007 (±$249) | $3,755 (±$462) | +24.9% | No measurable change after inflation |
| Median home value | $344,000 (±$22,459) | $550,500 (±$56,002) | +60.0% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Palm Springs North
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Palm Springs North | — | $2,678 (±$196) | — |
| Country Club | 1.4 mi | $1,815 (±$139) | Lower |
| Miami Lakes | 1.6 mi | $3,163 (±$318) | Higher |
| Miramar | 2.7 mi | $2,523 (±$89) | Not measurably different |
| Hialeah Gardens | 3.6 mi | $1,836 (±$78) | Lower |
| Hialeah | 4.8 mi | $2,073 (±$91) | Lower |
| Medley | 5.1 mi | $1,875 (±$1,846) | Not measurably different |
| Opa-locka | 5.3 mi | $1,875 (±$279) | Lower |
| Miami Gardens | 5.5 mi | $2,108 (±$83) | Lower |
Nearby places with a measurably lower figure: Country Club, FL ($1,815), Hialeah Gardens, FL ($1,836), Hialeah, FL ($2,073).
Nearby places with a measurably higher figure: Miami Lakes, FL ($3,163).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Miami-Dade County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 20 | Glenvar Heights | $2,904 (±$228) |
| 21 | Miami | $2,863 (±$92) |
| 22 | Olympia Heights | $2,857 (±$157) |
| 23 | Country Walk | $2,799 (±$141) |
| 24 | El Portal | $2,769 (±$180) |
| 25 | Sunset | $2,718 (±$150) |
| 26 | Palm Springs North | $2,678 (±$196) |
| 27 (tie) | Cutler Bay | $2,620 (±$106) |
| 27 (tie) | Kendall | $2,620 (±$116) |
| 29 | Westchester | $2,551 (±$176) |
| 30 | Three Lakes | $2,533 (±$191) |
| 31 | Indian Creek | $2,500 (±$1,501) |
| 32 | The Hammocks | $2,478 (±$118) |
Showing 13 of 69 places in Miami-Dade County, ranked from highest to lowest.
Palm Springs North is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Palm Springs North
What is the average mortgage payment in Palm Springs North?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Palm Springs North, FL is $2,678 (±$196) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Palm Springs North?
Owners without a mortgage in Palm Springs North pay a median of $669 (±$76) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Palm Springs North gone up?
In Palm Springs North, the median monthly cost with a mortgage went from $2,121 in 2015–2019 to $2,678 in 2020–2024 (+26.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Palm Springs North CDP, Florida
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Palm Springs North CDP, Florida
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Palm Springs North CDP, Florida
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Palm Springs North CDP, Florida
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Palm Springs North CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Palm Springs North CDP, Florida (place:54500, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Palm Springs North at a glance
- Median rent in Palm Springs North
- Renters and owners in Palm Springs North
- Income and affordability in Palm Springs North
- Home values in Palm Springs North
- Property taxes in Palm Springs North
- Types of homes in Palm Springs North
- Age of homes in Palm Springs North
- Heating fuel in Palm Springs North
- Commute and cars in Palm Springs North
- Population growth in Palm Springs North
- How long people stay in Palm Springs North
- Florida landlord and tenant rules
- Housing across Miami-Dade County
- Housing data for every place in Florida