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Palm City, FL
Full City Profile · Florida · Martin County County
3.7
/5.0
B+
Good
25,699
Population
1,854/sq mi density
$117,689
Median Income
$64,875 per capita
$532,100
Home Value
$604,319 Zillow
$1,965
Median Rent
27.1% income on rent
75°F
Avg Temperature
330 sunny days/yr
395
Violent Crime/100K
3,982 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$117,689 median income, 3.5% unemployment
A
Affordability
4.1 / 5.0
$532,100 home value, $1,965/mo rent
F
Safety
1.0 / 5.0
395 violent crimes/100K (4% above avg)
A+
Education
4.8 / 5.0
47.9% bachelor's degree or higher
Income Overview
Median Household Income
$117,689
57% above
US avg: $75,149
Per Capita Income
$64,875
66% above
US avg: $39,052
Unemployment Rate
3.5%
3% below
US avg: 3.6%
Poverty Rate
4.8%
61% below
US avg: 12.4%
Income Comparison: Palm City vs. U.S. Average
Each bar shows Palm City’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$117,689
157%
Per Capita
US: $39,052
$64,875
166%
IRS Avg AGI
US: $72,000
$166,942
232%
Avg Weekly Wage
US: $1,432
$1,143
80%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,143
20% below US avg ($1,432)
Mean Commute Time
29 min
4% above US avg (28 min)
Work From Home
20.0%
32% above US avg (15.2%)
Drive Alone
72.6%
1% below US avg (73.2%)
Public Transit
0.3%
94% below US avg (5.0%)
County GDP
$12,307M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
72.6%
Public Transit
0.3%
Work From Home
20%
Other
7.1%
Average commute time
29 minutes
US avg: 28 min
Business Landscape
Total Establishments
7,584
Restaurants
447
Healthcare
650
Retail
799
Manufacturing
193
Tax & Financial
IRS Avg Adjusted Gross Income
$166,942
132% above US avg ($72,000)
Avg Property Tax
$14,744
321% 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 | $117,689 |
| Per Capita Income | $64,875 |
| IRS Avg Adjusted Gross Income | $166,942 |
| Avg Weekly Wage | $1,143 |
| County GDP | $12,307M |
Hardship Indicators
| Unemployment Rate | 3.5% |
| Poverty Rate | 4.8% |
| Gini Coefficient | 0.513 |
| Cost of Living Index | 103.4 |
Commute
| Mean Commute | 29 minutes |
| Drive Alone | 72.6% |
| Public Transit | 0.3% |
| Work From Home | 20.0% |
Businesses
| Total Establishments | 7,584 |
| Restaurants | 447 |
| Healthcare | 650 |
| Retail | 799 |
| Manufacturing | 193 |
Tax
| IRS Avg AGI | $166,942 |
| Avg Property Tax | $14,744 |