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Palm Beach, FL

Full City Profile · Florida · Palm Beach County County

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 24.8% income on rent
76°F Avg Temperature 330 sunny days/yr
90 Violent Crime/100K 1,092 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
90 violent crimes/100K
A+
Education
5.0 / 5.0
68.4% bachelor's degree or higher

Palm Beach, FL

At a Glance

Median Income
$175,078
133% above
$211,812 per capita
Home Value
$1,996,700
608% above
Zillow: $2,099,360
Median Rent
$1,849/mo
59% above
24.8% of income on rent
Violent Crime
90/100K
76% below
1,092/100K property
Bachelor's Degree+
68.4%
103% above
97.4% high school+
Unemployment
1.6%
56% below
2.8% poverty rate
Obesity Rate
21.9%
32% below
8.0% smoking rate
Avg Temperature
76°F
330 sunny days/yr

How Palm Beach Compares to the U.S. Average

Each bar shows Palm Beach's value as a percentage of the national average (100% = U.S. avg)

Income
233%
Home Value
708%
Rent
159%
Poverty
23%
Bachelor's
203%
Unemployment
44%
Crime
24%
Thin vertical line = U.S. national average (100%)

Is Palm Beach a Good Place to Live?

B
3.0 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Palm Beach residents earn a median household income of $175,078 , which is 133% above the national average of $75,149. Per capita income is $211,812. The unemployment rate stands at 1.6% (56% below the U.S. rate of 3.6%). 2.8% of residents live below the poverty line. The area is home to 71,342 business establishments, including 3,308 restaurants.

Housing & Cost of Living

The median home value in Palm Beach is $1,996,700 , 608% above the national median of $281,900. Zillow estimates the typical home at $2,099,360. Median rent is $1,849/month, with 24.8% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 1971.

Safety & Crime

Palm Beach reports 90 violent crimes per 100,000 residents , which is 76% below the national average of 380/100K. Property crime is 1,092/100K. The murder rate is 0.0/100K.

Education

68.4% of adults in Palm Beach hold a bachelor's degree or higher (103% above the national average). 97.4% have completed high school. Local schools score 5.9/10 in standardized testing.

Climate & Weather

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. The area gets 330 sunny days per year. Annual precipitation totals 61.8 inches. Air quality is rated Good with a median AQI of 43.

Data Overview

People

Population9,234
Median Age69.7 yrs
Density2,430/mi²
Male / Female44% / 56%
Foreign Born13.6%
Veterans8.1%

Economy

A+
Median Income$175,078
Per Capita$211,812
Unemployment1.6%
Poverty2.8%
County GDP$140,506M
Avg Weekly Wage$1,485

Housing

F
Home Value$1,996,700
Rent$1,849
Ownership82.7%
Zillow$2,099,360
Housing Units10,279
Rent Burden24.8%

Crime

F
Violent90/100K
Property1,092/100K
Murder0.0/100K
Assault90/100K
Burglary169/100K

Health

Obesity21.9%
Diabetes7.0%
Smoking8.0%
Heart Disease4.2%
Premature Death7,624/100K

Climate

Avg Temp76°F
Sunny Days330/yr
Rain61.8 in/yr
AQI43 (Good)
Elevation6 ft

Education

A+
Bachelor's+68.4%
High School+97.4%
Graduate+33.2%
School Score5.9/10

Community

2024 VoteR 49% / D 50%
Commute27 min
Broadband96.0%
Internet Speed154 Mbps
EV Stations6
Libraries33

Did You Know?

Palm Beach was founded in 1911.
The median home in Palm Beach was built in 1971.
37.6% work from home.
The nearest airport is Palm Beach International (3 miles).
The Gini coefficient (income inequality) is 0.521 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
12.9% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 154 Mbps.
There are 3,308 restaurants in the area.
The county recorded 217 fatal vehicle crashes.