What percentage of people rent in Palm Springs North, FL?

11.8% (±5.3 points) of the occupied homes in Palm Springs North, FL are rented (2020–2024 American Community Survey).

That is 181 renting households against 1,358 that own their home.

In Palm Springs North, the share of households that rent went from 10.6% in 2015–2019 to 11.8% in 2020–2024 (+1.2 percentage points), not a measurable change.

Figures last updated on .

Households that rent
11.8% (±5.3 points)
Renting households
181 (±80)
Median renter income
$108,458 (±$57,260)

Who rents and who owns in Palm Springs North

Tenure, estimate (90% margin of error)
Palm Springs NorthMiami-Dade CountyFloridaUnited States
Renter-occupied share11.8% (±5.3 points)47.8% (±0.5 points)32.4% (±0.2 points)34.8%
Renting households181 (±80)465,971 (±5,269)2,834,163 (±17,461)45,017,354
Owning households1,358 (±206)509,440 (±5,300)5,918,647 (±31,594)84,210,142
Average renter household size5.1 (±1.9)2.6 (±0.0)2.5 (±0.0)2.3
Average owner household size3.3 (±0.3)2.9 (±0.0)2.5 (±0.0)2.6
Median renter household income$108,458 (±$57,260)$53,660 (±$1,055)$53,617 (±$353)$52,966
Median owner household income$98,000 (±$23,940)$94,956 (±$1,395)$88,144 (±$469)$100,009

In Palm Springs North, the renter share is lower than in Miami-Dade County (47.8%).

It is also lower than in Florida (32.4%).

It is lower than the national figure (34.8%).

In Miami-Dade County, Palm Springs North ranks 67 of 70 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 711 of 857.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Palm Springs North has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent10.6% (±5.7 points)11.8% (±5.3 points)+1.2 percentage pointsNot a measurable change
Median gross rent$2,357 (±$592)$2,860 (±$574)+21.3%No measurable change after inflation
Median household income$90,341 (±$23,889)$99,438 (±$21,315)+10.1%No measurable change 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.

Households that rent in places near Palm Springs North

Nearest places with a published estimate, compared with Palm Springs North
PlaceDistanceHouseholds that rentCompared with this place
Palm Springs North—11.8% (±5.3 points)—
Country Club1.4 mi54.3% (±3.2 points)Higher
Miami Lakes1.6 mi40.2% (±3.1 points)Higher
Miramar2.7 mi31.2% (±2.2 points)Higher
Hialeah Gardens3.6 mi38.8% (±4.7 points)Higher
Hialeah4.8 mi53.4% (±1.4 points)Higher
Medley5.1 mi34.0% (±11.8 points)Higher
Opa-locka5.3 mi71.1% (±5.1 points)Higher
Miami Gardens5.5 mi35.6% (±2.0 points)Higher

Nearby places with a measurably higher figure: Country Club, FL (54.3%), Miami Lakes, FL (40.2%), Miramar, FL (31.2%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Miami-Dade County, place by place

RankPlaceHouseholds that rent
61Country Walk20.1% (±5.8 points)
62Pinecrest17.2% (±3.1 points)
63Richmond West16.2% (±3.2 points)
64Olympia Heights15.2% (±5.3 points)
65Palmetto Estates13.7% (±3.6 points)
66Miami Shores12.5% (±4.2 points)
67Palm Springs North11.8% (±5.3 points)
68El Portal8.8% (±6.1 points)
69Fisher Island5.1% (±8.3 points)
70Golden Beach0.0% (±21.0 points)

Showing 10 of 70 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.

What you can do on Seayora in Palm Springs North

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Questions about Palm Springs North

How many renters are there in Palm Springs North?

Palm Springs North has an estimated 181 (±80) renting households, 11.8% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Palm Springs North?

In Palm Springs North, the share of households that rent went from 10.6% in 2015–2019 to 11.8% in 2020–2024 (+1.2 percentage points), not a measurable change.

How big are renting households in Palm Springs North?

A renting household in Palm Springs North has 5.1 people on average, against 3.3 in an owned home.

How much do renters earn in Palm Springs North?

The median renting household in Palm Springs North, FL has an income of $108,458 (±$57,260) a year, against $98,000 for households that own their home.

Sources

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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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 .

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