Palm Beach, Australia

Full City Profile

2.4 /5.0

C Fair

15,205 Population 25/sq mi density

69°F Avg Temperature 21°C

Overall

2.4 / 5.0

Fair overall score based on economy, affordability, safety and education

C+

Economy

2.9 / 5.0

$29,507 median income, 4.2% unemployment

Affordability

1.9 / 5.0

$250,600 home value, $1,253/mo rent

Palm Beach, Australia

At a Glance

Median Income

$29,507

61% below

$29,507 per capita

Home Value

$250,600

11% below

Median Rent

$1,253/mo

8% above

Unemployment

4.2%

17% above

Avg Temperature

69°F

344 sunny days/yr

Is Palm Beach a Good Place to Live?

2.4 / 5.0 — Fair

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Palm Beach residents earn a median household income of $29,507 , which is 61% below the national average of $75,149. Per capita income is $29,507. The unemployment rate stands at 4.2% (17% above the U.S. rate of 3.6%). The area is home to 1,444 business establishments.

Housing & Cost of Living

The median home value in Palm Beach is $250,600 , 11% below the national median of $281,900. Median rent is $1,253/month.

Climate & Weather

Palm Beach has an average annual temperature of 69°F (21°C). Winters average 75°F in January while summers reach 62°F in July. The area gets 344 sunny days per year. Annual precipitation totals 31.4 inches.

Data Overview

People

Population15,205

Median Age39.0 yrs

Density25/mi²

Foreign Born17.6%

Economy

C+

Median Income$29,507

Per Capita$29,507

Unemployment4.2%

Poverty

Avg Weekly Wage$567

Housing

Home Value$250,600

Rent$1,253

Ownership62.1%

Housing Units6,082

Climate

Avg Temp69°F

Sunny Days344/yr

Rain31.4 in/yr

Did You Know?

17.6% of residents are foreign-born.