Palm Springs, FL

Full City Profile · Florida · Palm Beach County County

3.3 /5.0
B Good
26,871 Population 6,383/sq mi density
$59,602 Median Income $27,752 per capita
$234,500 Home Value $269,242 Zillow
$1,597 Median Rent 34.7% income on rent
76°F Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$59,602 median income, 6.3% unemployment
A
Affordability
4.5 / 5.0
$234,500 home value, $1,597/mo rent
C
Education
2.3 / 5.0
15.9% bachelor's degree or higher

Palm Springs, FL

At a Glance

Median Income
$59,602
21% below
$27,752 per capita
Home Value
$234,500
17% below
Zillow: $269,242
Median Rent
$1,597/mo
37% above
34.7% of income on rent
Bachelor's Degree+
15.9%
53% below
74.1% high school+
Unemployment
6.3%
75% above
10.4% poverty rate
Obesity Rate
30.4%
5% below
14.3% smoking rate
Avg Temperature
76°F

How Palm Springs Compares to the U.S. Average

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

Income
79%
Home Value
83%
Rent
137%
Poverty
84%
Bachelor's
47%
Unemployment
175%
Thin vertical line = U.S. national average (100%)

Is Palm Springs a Good Place to Live?

B
3.3 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Palm Springs residents earn a median household income of $59,602 , which is 21% below the national average of $75,149. Per capita income is $27,752. The unemployment rate stands at 6.3% (75% above the U.S. rate of 3.6%). 10.4% 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 Springs is $234,500 , 17% below the national median of $281,900. Zillow estimates the typical home at $269,242. Median rent is $1,597/month, with 34.7% 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 1977.

Education

15.9% of adults in Palm Springs hold a bachelor's degree or higher (53% below the national average). 74.1% have completed high school. Local schools score 5.9/10 in standardized testing.

Climate & Weather

Palm Springs 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

Population26,871
Median Age37.8 yrs
Density6,383/mi²
Male / Female51% / 49%
Foreign Born51.9%
Veterans3.5%

Economy

B
Median Income$59,602
Per Capita$27,752
Unemployment6.3%
Poverty10.4%
County GDP$140,506M
Avg Weekly Wage$1,485

Housing

A
Home Value$234,500
Rent$1,597
Ownership47.4%
Zillow$269,242
Housing Units10,017
Rent Burden34.7%

Health

Obesity30.4%
Diabetes13.7%
Smoking14.3%
Heart Disease6.1%
Premature Death7,624/100K

Climate

Avg Temp76°F
Rain61.7 in/yr
Elevation13 ft

Education

C
Bachelor's+15.9%
High School+74.1%
Graduate+5.7%
School Score5.9/10

Community

2024 VoteR 49% / D 50%
Commute26 min
Broadband89.5%
Internet Speed154 Mbps
EV Stations1
Libraries33

Did You Know?

The median home in Palm Springs was built in 1977.
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.
8.7% of the population has a disability.
51.9% 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.