Palm Beach, FL

Florida · Metropolitan Area

Palm Beach is a small city in Florida with a population of 9,234. Residents earn $175,078 per year, which is 133% above the national average.

3.0 /5.0
B Good
9,234 Population 2,430/sq mi density
$175,078 Median Income $211,812 per capita
$1,996,700 Home Value $2,099,360 Zillow
$1,849 Median Rent
76°F Avg Temperature
46 Violent Crime/100K 1,780 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$175,078 median income, 1.6% unemployment
F
Affordability
1.0 / 5.0
$1,996,700 home value, $1,849/mo rent
F
Safety
1.0 / 5.0
46 violent crimes/100K (88% below avg)
A+
Education
5.0 / 5.0
68.4% bachelor's degree or higher
Median Income $175,078
133% higher than US avg
Home Value $1,996,700
608% higher than US avg
Violent Crime 46/100K
88% lower than US avg
Bachelor's+ 68.4%
103% higher than US avg
Median Rent $1,849
59% higher than US avg
Obesity Rate 21.9%
32% lower than US avg
Unemployment 1.6%
56% lower than US avg
Poverty Rate 2.8%
77% lower than US avg

How Palm Beach Compares to the U.S. Average (100% = U.S. avg)

People

Population9,234
Median Age69.7 yrs
Density2,430/mi²
Male / Female44% / 56%
Largest GroupWhite 91%

Economy

A+
Median Income$175,078
Per Capita$211,812
Unemployment1.6%
Poverty2.8%
County GDP$140,506M
Commute27 min

Housing

F
Home Value$1,996,700
Rent$1,849
OwnershipN/A
Zillow$2,099,360

Crime

F
Violent46/100K
Property1,780/100K
Murder0.0/100K
Assault34/100K
Burglary448/100K

Health

Obesity21.9%
UninsuredN/A
Depression18.1%
Heart Disease4.2%

Climate

Avg Temp76°F
AQI43 (Good)
Rain61.8 in/yr
Elevation6 ft

Education

A+
Bachelor's+68.4%
High School+97.4%
School Score5.93

Community

2024 VoteR 49% / D 50%
Commute27 min
EV Stations6
Libraries33

Is Palm Beach a Good Place to Live?

Based on current data, Palm Beach receives an overall livability score of 3.0 out of 5.0, earning a grade of B. Key strengths include above-average household incomes, low unemployment, low crime rates, a highly educated population. Areas to be aware of include high housing costs. Palm Beach offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Palm Beach is $175,078, which is significantly higher than the national average — 133% above $75,149. This places Palm Beach among higher-income communities. The job market is very strong with unemployment at just 1.6%. Only 2.8% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 27 minutes.

Cost of Living & Housing

The median home value in Palm Beach is $1,996,700, making it a premium housing market at 608% above the U.S. median of $281,900. Renters pay a median of $1,849 per month, significantly above the national average of $1,163. With a home price-to-income ratio of 11.4x, housing affordability is a significant challenge for many families.

Safety & Crime

Palm Beach is a very safe community with a violent crime rate of 46 per 100,000 residents — well below the national average of 380. Property crime occurs at a rate of 1,780 per 100,000, near the national average.

Education

Palm Beach is a highly educated community — 68.4% of adults hold a bachelor's degree or higher, well above the national average of 33.7%. 97.4% have completed high school. Area schools have an average test score of 5.9/10.

Climate & Weather

Palm Beach has a warm climate with an average annual temperature of 76°F. Winters average 66°F in January while summers reach 83°F in July. Annual precipitation totals 61.8 inches. Air quality is rated Good with a median AQI of 43.

Palm Beach has a population of 9,234 with a density of 2,430 people per square mile. The median age is 69.7 years, 79% older than the national median of 38.9. The city is predominantly White (91.4%).

Population

9,234
Total Population
2,430
People / sq mi
69.7yrs
Median Age
79% above US avg
3.8mi²
Land Area

Gender Distribution

Male 44.2%
Female 55.8%

Race & Ethnicity

Palm Beach vs U.S. Average

Language Spoken at Home

English Only87.4%
11% above US avg
Spanish12.6%
6% below US avg

Social Characteristics

Palm Beach vs U.S. Average

The median household income in Palm Beach is $175,078, which is 133% above the national average of $75,149. The unemployment rate is 1.6% (below the 3.6% US average). 2.8% of residents live below the poverty line. Workers commute an average of 27 minutes.

Income: Palm Beach vs U.S.

Commute Mode

Income

Median HH Income$175,078
133% above US avg
Per Capita Income$211,812
Avg Weekly Wage$1,485
IRS Avg AGI$176,566

Employment & Poverty

Unemployment1.6%
56% below US avg
Poverty Rate2.8%
77% below US avg
Establishments (County)71,342
County GDP$140,506M

Business (County)

Restaurants3,308
Healthcare6,801
Retail5,605
Manufacturing973

Tax & Cost of Living

Property Tax (IRS)$15,778
351% above US avg
Effective Tax Rate0.79%

Commute & Transportation

Commute Time26.8 min
Work from Home37.6%

Walkability

The median home value in Palm Beach is $1,996,700, 608% above the national average. Monthly rent averages $1,849 (59% above US avg). Zillow estimates the typical home value at $2,099,360.

Home Value Sources

Ownership Split

Home Values

Census Median$1,996,700
608% above US avg
Zillow ZHVI$2,099,360
Median List Price$2,295,000

Real Estate Market (Redfin)

Median List Price$2,295,000
$/Sq Ft$1,831
Homes Sold24
Sale-to-List Ratio93.2%
Price Drops27.1%
Inventory351

Rental Costs

Census Median Rent$1,849
59% above US avg
Zillow Rent (ZORI)$7,253

HUD Fair Market Rent

Studio$1,788
1 Bedroom$1,901
2 Bedrooms$2,254
3 Bedrooms$2,920
4 Bedrooms$3,388

Ownership & Property

Owner-Occupied82.7%

Property Tax

Avg Tax (IRS)$15,778
351% above US avg
Effective Rate0.79%
In Palm Beach, 21.9% of adults are obese (below the 32.1% national rate). 18.1% report depression. 14.8% are physically inactive.

Health Metrics: Palm Beach vs U.S. Average (%)

Chronic Conditions

Obesity21.9%
32% below US avg
Diabetes7.0%
Heart Disease4.2%
High Blood Pressure24.1%
Asthma9.0%
COPD4.0%
Stroke2.1%

Behaviors & Mental Health

Binge Drinking18.2%
Physical Inactivity14.8%
Depression18.1%
Mental Distress14.5%
Physical Distress9.3%

Healthcare Access

Insurance Rate95.2%
Checkup Rate76.2%
Premature Death7,624/100K

Food & Exercise

Food Environment8.5/10
Exercise Access95.9%
Healthcare Facilities6,801
Palm Beach has a violent crime rate of 46 per 100,000 residents, 88% below the national average of 380. Property crime stands at 1,780 per 100,000 (9% below US avg). The murder rate is 0.0 per 100,000.

Crime Rates: Palm Beach vs U.S. Average (per 100,000)

Violent Crime

Total Violent46.0/100K
88% below US avg
Murder0.0/100K
100% below US avg
Rape11.5/100K
Robbery0.0/100K
Assault34.5/100K

Property Crime

Total Property1,780.4/100K
9% below US avg
Burglary448.0/100K
Theft1,275.0/100K
Vehicle Theft57.4/100K
Arson0.0/100K

Traffic Safety

Fatal Crashes (County/yr)217

Safety Score

Safety GradeF
Safety Score1.0 / 5.0
Palm Beach has an average annual temperature of 76°F (24°C). Winters average 66°F in January while summers reach 83°F in July. Annual precipitation is 61.8 inches. Air quality is rated Good with a median AQI of 43.

Temperature

66°F Jan (19°C) 83°F Jul (28°C)
Annual Average75.8°F
40% above US avg
January Average66°F (19°C)
July Average83°F (28°C)

Precipitation & Snow

Annual Rainfall61.8 inches
63% above US avg

Air Quality

AQI Median43.0
RatingGood
Good Days %70.2%
Unhealthy Days0

Geography

Elevation6 ft (2 m)
Area3.8 sq mi (9.8 km²)
Population Density2,430/sq mi
Coordinates26.6948°N, 80.0419°W
County FIPS12099
It is classified as Metro — 1 million+. 68.4% of residents hold a bachelor's degree or higher (103% above US avg). In the 2024 election, the county voted Democrat by a 0.8-point margin.

2024 Presidential Election (County)

R 49.2%
D 50%

Winner: Democrat by 0.8 points

Education

Bachelor's Degree+68.4%
103% above US avg
High School+97.4%
School Test Score5.93
A+ Education Grade (5.0/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density2,430/sq mi
Total Area3.8 sq mi

Infrastructure & Services

EV Charging Stations6
Alt Fuel Stations7
Public Libraries33
Healthcare Facilities6,801
Restaurants3,308
Retail Stores5,605

Safety & Disasters

Fatal Crashes (County/yr)217
F Safety Grade (1.0/5.0)

Commute & Transportation

Avg Commute26.8 min
Work from Home37.6%

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