At a Glance
Median Income
$175,078
$211,812 per capita
Home Value
$1,996,700
Zillow: $2,140,266
Median Rent
$1,849/mo
24.8% of income on rent
Violent Crime
173/100K
1,220/100K property
Bachelor's Degree+
68.4%
97.4% high school+
Unemployment
4.8%
2.8% poverty rate
Obesity Rate
21.9%
8.0% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Palm Beach a Good Place to Live?
C+
2.9 / 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 $175,078 , which is 133% above the national average of $75,149.
Per capita income is $211,812. The unemployment rate stands at 4.8% (33% above 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 $2,140,266. 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 173 violent crimes per 100,000 residents
, which is 55% below the national average of 380/100K.
Property crime is 1,220/100K.
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. Annual precipitation totals 61.7 inches.
Data Overview
People
Population9,234
Median Age69.7 yrs
Density2,430/mi²
Male / Female44% / 56%
Foreign Born18.4%
Veterans8.1%
Economy
A+
Median Income$175,078
Per Capita$211,812
Unemployment4.8%
Poverty2.8%
County GDP$140,506M
Avg Weekly Wage$1,485
Housing
F
Home Value$1,996,700
Rent$1,849
Ownership82.7%
Zillow$2,140,266
Housing Units10,279
Rent Burden24.8%
Crime
F
Violent173/100K
Property1,220/100K
Health
Obesity21.9%
Diabetes7.0%
Smoking8.0%
Heart Disease4.2%
Premature Death7,624/100K
Climate
Avg Temp76°F
Rain61.7 in/yr
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.
12.4% of the population has a disability.
18.4% 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.