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West Palm Beach city, FL

ZIP 33407 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 33407

Median Home Value
$290,500
Median Rent
$1,349
Affordability Snapshot
$80,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,866/mo PITI).

29%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.1x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

17.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 33407 in West Palm Beach city, FL, a household would need roughly $80,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,866. That is about 41% above the local median household income ($56,606), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
47.6%-27% vs US avg
x
Vacancy Rate
15.5%+50% vs US avg
x
Broadband Access
81.8%-6% vs US avg
x
4+ Bedrooms
0.8%-95% vs US avg
x
Built Pre-1939
3.6%-72% vs US avg
x
Built Post-2014
1.2%-83% vs US avg
x
Rent Burden >30%
33.7%-32% vs US avg
x
Mortgage-Free
38.6%+1% vs US avg
x
$290,500
Home Value
$1,349
Rent
1977
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached44.9%
  • 1-unit attached8.9%
  • 2-9 units18.1%
  • 10+ units24.4%
  • Mobile home & other3.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$290,500
Median rent$1,349
Owner-occupied47.6%
Vacant15.5%
Price-to-income5.1x
Est. income to buy$80,000