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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

Income Overview

Median Household Income
$175,078
133% above
US avg: $75,149
Per Capita Income
$211,812
442% above
US avg: $39,052
Unemployment Rate
1.6%
56% below
US avg: 3.6%
Poverty Rate
2.8%
77% below
US avg: 12.4%

Income Comparison: Palm Beach vs. U.S. Average

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

Median Household
US: $75,149
$175,078
233%
Per Capita
US: $39,052
$211,812
542%
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
27 min
3% below US avg (28 min)
Work From Home
37.6%
147% above US avg (15.2%)
Drive Alone
44.8%
39% below US avg (73.2%)
Public Transit
1.1%
79% below US avg (5.0%)
County GDP
$140,506M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 44.8%
Public Transit 1.1%
Work From Home 37.6%
Other 16.5%
Average commute time
27 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$175,078
Per Capita Income$211,812
IRS Avg Adjusted Gross Income$176,566
Avg Weekly Wage$1,485
County GDP$140,506M

Hardship Indicators

Unemployment Rate1.6%
Poverty Rate2.8%
Gini Coefficient0.521
Cost of Living Index103.4

Commute

Mean Commute27 minutes
Drive Alone44.8%
Public Transit1.1%
Work From Home37.6%

Businesses

Total Establishments71,342
Restaurants3,308
Healthcare6,801
Retail5,605
Manufacturing973

Tax

IRS Avg AGI$176,566
Avg Property Tax$15,778