Palm Beach, FL
Population 9,234 · Florida
About Palm Beach, FL
Palm Beach is a small community in Florida with a population of 9,234 residents. The median household income is $175,078 per year, which is above the national average. The median age in Palm Beach is 69.7 years.
Housing in Palm Beach has a median home value of $1,996,700 and median monthly rent of $1,849. Of the 10,450 total housing units, the majority are owner-occupied, with 4,509 owner-occupied and 943 renter-occupied units.
The unemployment rate in Palm Beach is 4.8% and the poverty rate is 6.5%. 68.4% of residents hold a bachelor's degree or higher. The average commute time is 26.8 minutes.
How Palm Beach Ranks in Florida
Cost of Living in Palm Beach, FL
Compared to national averages, Palm Beach has a median household income of $175,078 (133% above the national median of $75,149). Home values average $1,996,700, which is 715% above the national median. Monthly rent at $1,849 is 59% above the US average of $1,163. Within Florida, Palm Beach's income is 131% above the state average of $75,893, and home values are 465% above the state median of $353,675.
Why Live in Palm Beach, FL?
Palm Beach offers a strong local economy with a median household income of $175,078, well above the national average, and a well-educated community where 68.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,996,700. However, Palm Beach’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Palm Beach has a population of 9,234 with a median age of 69.7 years. Compare Palm Beach with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Palm Beach
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Brooksville | 9,235 | $47,796 | $112,400 | Compare |
| Orange Park | 9,062 | $74,564 | $257,400 | Compare |
| Micco | 9,053 | $46,809 | $156,400 | Compare |
| Citrus Hills | 9,044 | $84,091 | $392,300 | Compare |
| Lake Park | 9,005 | $69,274 | $361,700 | Compare |
| Indian Harbour Beach | 8,991 | $98,046 | $387,400 | Compare |
| Richmond Heights | 9,489 | $63,750 | $344,200 | Compare |
| North Merritt Island | 8,903 | $113,897 | $495,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Palm Beach
What is the population of Palm Beach, FL?
The population of Palm Beach, FL is 9,234 according to the latest Census data.
What is the median household income in Palm Beach?
The median household income in Palm Beach, FL is $175,078 per year.
What is the median home value in Palm Beach?
The median home value in Palm Beach, FL is $1,996,700.
What is the average rent in Palm Beach?
The median monthly rent in Palm Beach, FL is $1,849.
What is the unemployment rate in Palm Beach?
The unemployment rate in Palm Beach, FL is 4.8%.