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Canal Point, FL
Full City Profile · Florida · Palm Beach County County
3.5
/5.0
B+
Good
244
Population
176/sq mi density
$106,905
Median Income
$36,957 per capita
$1,425
Median Rent
14.8% income on rent
76°F
Avg Temperature
330 sunny days/yr
1,231
Violent Crime/100K
2,712 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$106,905 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
F
Safety
1.0 / 5.0
1,231 violent crimes/100K (224% above avg)
A
Education
4.0 / 5.0
37.6% bachelor's degree or higher
Income Overview
Median Household Income
$106,905
42% above
US avg: $75,149
Per Capita Income
$36,957
5% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
35.1%
183% above
US avg: 12.4%
Income Comparison: Canal Point vs. U.S. Average
Each bar shows Canal Point’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$106,905
142%
Per Capita
US: $39,052
$36,957
95%
IRS Avg AGI
US: $72,000
$176,566
245%
Avg Weekly Wage
US: $1,432
$1,485
104%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,485
4% above US avg ($1,432)
Mean Commute Time
21 min
22% below US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
87.4%
19% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$140,506M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
87.4%
Public Transit
0%
Work From Home
0%
Other
12.6%
Average commute time
21 minutes
US avg: 28 min
Business Landscape
Total Establishments
71,342
Restaurants
3,308
Healthcare
6,801
Retail
5,605
Manufacturing
973
Tax & Financial
IRS Avg Adjusted Gross Income
$176,566
145% above US avg ($72,000)
Avg Property Tax
$15,778
351% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $106,905 |
| Per Capita Income | $36,957 |
| IRS Avg Adjusted Gross Income | $176,566 |
| Avg Weekly Wage | $1,485 |
| County GDP | $140,506M |
Hardship Indicators
| Unemployment Rate | 0.0% |
| Poverty Rate | 35.1% |
| Gini Coefficient | 0.521 |
| Cost of Living Index | 103.4 |
Commute
| Mean Commute | 21 minutes |
| Drive Alone | 87.4% |
| Public Transit | 0.0% |
| Work From Home | 0.0% |
Businesses
| Total Establishments | 71,342 |
| Restaurants | 3,308 |
| Healthcare | 6,801 |
| Retail | 5,605 |
| Manufacturing | 973 |
Tax
| IRS Avg AGI | $176,566 |
| Avg Property Tax | $15,778 |