Palm City, FL
Population 25,699 · Florida
About Palm City, FL
Palm City is a mid-sized city in Florida with a population of 25,699 residents. The median household income is $117,689 per year, which is above the national average. The median age in Palm City is 50.2 years.
Housing in Palm City has a median home value of $532,100 and median monthly rent of $1,965. Of the 11,524 total housing units, the majority are owner-occupied, with 9,047 owner-occupied and 1,150 renter-occupied units.
The unemployment rate in Palm City is 5.9% and the poverty rate is 5.1%. 47.9% of residents hold a bachelor's degree or higher. The average commute time is 28.8 minutes.
Cost of Living in Palm City, FL
Compared to national averages, Palm City has a median household income of $117,689 (57% above the national median of $75,149). Home values average $532,100, which is 117% above the national median. Monthly rent at $1,965 is 69% above the US average of $1,163. Within Florida, Palm City's income is 55% above the state average of $75,893, and home values are 50% above the state median of $353,675.
Why Live in Palm City, FL?
Palm City offers a strong local economy with a median household income of $117,689, well above the national average, and a well-educated community where 47.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $532,100. However, Palm City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Palm City has a population of 25,699 with a median age of 50.2 years. Compare Palm City with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Palm City
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sebastian | 25,759 | $68,863 | $281,700 | Compare |
| Pace | 25,630 | $84,912 | $271,400 | Compare |
| Immokalee | 25,624 | $46,143 | $197,000 | Compare |
| South Bradenton | 25,585 | $47,914 | $149,600 | Compare |
| Nocatee | 25,581 | $131,488 | $585,000 | Compare |
| Key West | 25,824 | $78,532 | $816,300 | Compare |
| Tarpon Springs | 25,522 | $68,877 | $321,000 | Compare |
| Fish Hawk | 25,945 | $133,142 | $509,800 | 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 City
What is the population of Palm City, FL?
The population of Palm City, FL is 25,699 according to the latest Census data.
What is the median household income in Palm City?
The median household income in Palm City, FL is $117,689 per year.
What is the median home value in Palm City?
The median home value in Palm City, FL is $532,100.
What is the average rent in Palm City?
The median monthly rent in Palm City, FL is $1,965.
What is the unemployment rate in Palm City?
The unemployment rate in Palm City, FL is 5.9%.