Skip to content
Asumisvalinta
Suomeksi

Palosaari

65200 · Vaasa · Pohjanmaa

Rent, ASO or buy hereShow on the map
65200 Palosaari

In brief

Palosaari (65200) has 6,350 residents, 9% of the population of Vaasa. It is the 3rd largest among the postal code areas of Vaasa. Young adults stand out: 47% of residents are aged 16 to 34 (Vaasa: 30%). This is the highest share among the postal code areas of Vaasa. 61% of households are people living alone and 9% are families with children.

Almost all homes are in blocks of flats (86%). Homes are smaller on average than in Vaasa (55.8 m² compared with 73.8 m²). 67% of households rent their home, more than in Vaasa (45%). This is the highest share among the postal code areas of Vaasa. An old one-bedroom flat sells for €1,847 per m² on average, 8% less than the average in Vaasa. The price per m² has stayed about the same since 2020. The price equals 11.4 years of rent at €13.46 per m² a month in new leases.

The median disposable monetary income of residents is €19,982 a year, about €1,665 a month: 21% lower than in Vaasa and 24% lower than in Finland. It is the lowest among the postal code areas of Vaasa. 10% of the labour force is unemployed, about the same as in Vaasa (9%). The area has 2,970 jobs; the largest industry is education (35%). Its share is clearly higher than in Vaasa (8%).

The number of residents has grown by 9% since 2014, faster than in Vaasa.

Rank among the city's areas

  • Students

    19%

    The highest of 14 areas in Vaasa

    Vaasa 11%

  • Aged 16 to 34

    47%

    The highest of 14 areas in Vaasa

    Vaasa 30%

  • Households renting

    67%

    The highest of 14 areas in Vaasa

    Vaasa 45%

  • Average home size

    55.8 m²

    The smallest of 14 areas in Vaasa

    Vaasa 73.8 m²

Key figures

Residents and households 2024, prices and rents from the latest quarters

Price per m², 1 bedroom
€1,847
+0.2% since 2020
Vaasa€1,997
Rent per m², 1 bedroom
€13.46
Figure for Vaasa 2
Vaasa€14.15
Residents
6,350
+9.3% since 2014
Mean age40.0
Disposable monetary income, median
€19,982
+21.5% since 2014
a year, about €1,665 a month
Vaasa€25,231
Finland€26,351
Households renting
67%
of 3,910 households
Vaasa45%
Finland38%
University or college degree
31%
of residents aged 18 or over
Vaasa38%
Finland36%

Housing costs

An old one-bedroom flat sells for €1,847 per m² on average, 8% less than the average in Vaasa. The price per m² has stayed about the same since 2020.

Price per m²

€1,847

Postal code area 65200
Sales of old flats in blocks of flats, 2026 Q1, 15 sales

Rent per m² a month

€13.46

Figure for Vaasa 2
New leases, non-subsidised flats, 2026 Q3

Vaasa: €14.15

Price-to-rent ratio
11.4 years
Vaasa: 11.8
Gross rental yield
8.7%
Vaasa: 8.5%
Middle half of rents, € a month
530–€660
Figure for Vaasa 2, 2026 Q3
Maintenance charge
€4.55
Average per m² a month, Finland outside Greater Helsinki, 2025
Change a year
10 yrs5 yrsPrice-1.6%-0.1%Rent+1.0%+1.3%
Average of the price index (Vaasa) and rent index (Vaasa)

Source: Statistics Finland

Price per m² by flat sizeStudio1 bedroom2+ bedrooms

Yearly average price of old flats in blocks of flats in this postal code area. Gaps are years with too few sales to publish. Source: Statistics Finland.

Rent, right of occupancy or buy?Enter a flat in this area and see which option is best, year by year.Compare here

Compared with the other areas

The area is among the three highest or lowest postal code areas of Vaasa in 5 of 9 figures: median income, households renting, aged 16 to 34, families with children, average home size.

  • Price per m², 1 bedroom2/7

    €727Ristinummi
    Vaasa €1,997Palosaari €1,847
    €2,496Vaasa Keskus
    €727Ristinummi€2,496Vaasa Keskus

  • Median disposable income14/14

    €19,982Palosaari
    Vaasa €25,231Palosaari €19,982
    €36,172Vaskiluoto
    €19,982Palosaari€36,172Vaskiluoto

  • Households renting1/14

    1%Vedenoja
    Vaasa 45%Palosaari 67%
    67%Palosaari
    1%Vedenoja67%Palosaari

  • Aged 16 to 341/14

    12%Vedenoja
    Vaasa 30%Palosaari 47%
    47%Palosaari
    12%Vedenoja47%Palosaari

  • Aged 65 or over11/14

    12%Asevelikylä
    Vaasa 21%Palosaari 19%
    31%Vähäkyrö Keskus
    12%Asevelikylä31%Vähäkyrö Keskus

  • Families with children13/14

    9%Vaasa Keskus
    Vaasa 18%Palosaari 9%
    41%Asevelikylä
    9%Vaasa Keskus41%Asevelikylä

  • University or college degree11/14

    21%Ristinummi
    Vaasa 38%Palosaari 31%
    58%Vaskiluoto
    21%Ristinummi58%Vaskiluoto

  • Unemployment6/14

    2%Vaskiluoto
    Vaasa 9%Palosaari 10%
    17%Ristinummi
    2%Vaskiluoto17%Ristinummi

  • Average home size14/14

    55.8 m²Palosaari
    Vaasa 73.8 m²Palosaari 55.8 m²
    120.8 m²Sundom
    55.8 m²Palosaari120.8 m²Sundom

Residents

Age

Young adults stand out: 47% of residents are aged 16 to 34 (Vaasa: 30%). This is the highest share among the postal code areas of Vaasa.

PalosaariVaasa

Source: Statistics Finland, Paavo, statistics year 2024 · Share of residents in each age group.

Main activity

Students make up 19% of residents, more than in Vaasa (11%).

  • Palosaari44%19%20%
  • Vaasa46%11%22%14%
  • Finland43%26%15%

Source: Statistics Finland, Paavo, statistics year 2024 · Share of all residents. Unemployment is counted for ages 16 to 64.

Mean age
40.0
Vaasa: 42.0
Unemployed, share of the labour force
10%
Vaasa: 9%
Household size
1.6
Vaasa: 1.9
Floor area per person
35.8 m²
Vaasa: 40.3 m²

Households and homes

Tenure

67% of households rent their home, more than in Vaasa (45%). This is the highest share among the postal code areas of Vaasa.

  • Palosaari33%67%
  • Vaasa54%45%
  • Finland61%38%

Source: Statistics Finland, Paavo, statistics year 2024 · Share of households.

Dwellings

Almost all homes are in blocks of flats (86%). Homes are smaller on average than in Vaasa (55.8 m² compared with 73.8 m²).

  • Palosaari86%
  • Vaasa64%34%
  • Finland48%50%

Source: Statistics Finland, Paavo, statistics year 2024 · Share of dwellings by building type.

Household types

61% of households are people living alone and 9% are families with children.

PalosaariVaasa

  • Living alone61%, Vaasa 49%
  • Living alone, under 3534%, Vaasa 21%
  • Couple under 35, no children8%, Vaasa 6%
  • With children9%, Vaasa 18%
  • With a child under 33%, Vaasa 4%
  • Single parent2%, Vaasa 4%
  • All members aged 18–6469%, Vaasa 54%
  • At least one member 65 or over22%, Vaasa 27%

Source: Statistics Finland, Paavo, statistics year 2024 · Share of households. A household can belong to several types.

Average dwelling size
55.8 m²
Vaasa: 73.8 m²
Dwellings
4,628
Summer cottages
1

Education and income

Highest qualification

31% of adults have a university or college degree, fewer than in Vaasa (38%).

  • Palosaari24%18%28%19%12%
  • Vaasa20%11%31%24%14%
  • Finland22%36%22%13%

Source: Statistics Finland, Paavo, statistics year 2024 · Share of residents aged 18 or over.

Income groups

36% of adults are in Finland's lowest-earning fifth, more than the 20% across Finland.

  • Palosaari36%54%10%
  • Vaasa23%60%18%
  • Finland20%60%20%

Source: Statistics Finland, Paavo, statistics year 2024 · Share of residents aged 18 or over in each national income group. Across Finland the groups hold 20%, 60% and 20% of adults.

Inhabitants' disposable monetary income, median
€19,982
a year, about €1,665 a month
Vaasa: €25,231
Households' disposable monetary income, median
€24,936
a year, about €2,078 a month
Vaasa: €34,619
University or college degree
31%
Vaasa: 38%

Jobs

The area has 2,970 jobs; the largest industry is education (35%). Its share is clearly higher than in Vaasa (8%).

Largest industries

PalosaariVaasa

  • Education35%, Vaasa 8%
  • Public administration and defence20%, Vaasa 6%
  • Information and communication13%, Vaasa 4%
  • Health and social work9%, Vaasa 19%
  • Professional, scientific and technical6%, Vaasa 5%
  • Administrative and support services5%, Vaasa 7%

Source: Statistics Finland, Paavo, statistics year 2024 · Share of jobs with a known industry.

Jobs located here
2,970
Jobs per resident
0.47
People working in the area divided by people living there
Vaasa: 0.57

Sectors

  • Palosaari98%
  • Vaasa28%72%
  • Finland20%77%

Source: Statistics Finland, Paavo, statistics year 2024

Change since 2010

The number of residents has grown by 9% since 2014, faster than in Vaasa. Median income has risen by 22% since 2014, at the same pace as in Vaasa.

Residents

Permanent residents at the end of each year. Source: Statistics Finland, Paavo.

Disposable monetary income, medianPalosaariVaasaFinland

Income after taxes and compulsory payments, including transfers received. Euros of each year, not adjusted for inflation. Source: Statistics Finland, Paavo.

Neighbouring areas

Definitions and sources

Residents
People whose permanent home was in the area on 31 December, placed by the coordinates of their building. About 1% of residents have no coordinates and appear only in city figures.
Income
Disposable monetary income of residents aged 18 or over: earnings, business and property income and transfers received, minus taxes and other transfers paid. In euros of each year.
Households
People living permanently in the same dwelling. Household types overlap.
Prices
Average debt-free prices per m² of old flats in housing companies. A postal code area with too few sales gets the figure of its price area or city.
Rents
Average rents per m² of non-subsidised flats in new leases, by rent area.
Small areas
Statistics Finland withholds details of areas with fewer than 30 residents, households or adults, with fewer than 10 dwellings or only one building, or with fewer than 10 jobs.

Source: Statistics Finland: postal code area statistics (Paavo) 2024, prices of old dwellings, rents of dwellings (CC BY 4.0).