Palm Harbor, FL
Population 61,454 · Florida
About Palm Harbor, FL
Palm Harbor is a mid-sized city located in Florida with a population of 61,454 residents according to the latest US Census Bureau American Community Survey data. The median household income is $75,354 per year, which is 0% above the national median of $75,149. The median age of 50.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Palm Harbor features a median home value of $359,600, which is 47% above the national median of $244,900. This positions Palm Harbor in a moderately priced market relative to the rest of the country. Median monthly rent is $1,733, 49% above the national average of $1,163/month. Of the 30,353 total housing units, 77% are owner-occupied (20,571 units) and 23% are renter-occupied (6,153 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Palm Harbor shows an unemployment rate of 2.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Palm Harbor have an average one-way commute time of 27.6 minutes.
Education & Demographics
39.2% of Palm Harbor residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.6% White, 0.6% Hispanic or Latino, 1.6% Black or African American, and 4.0% Asian residents, with 13.5% of the population being foreign-born.
Cost of Living in Palm Harbor, FL
Compared to national averages, Palm Harbor has a median household income of $75,354 (0% above the national median of $75,149). Home values average $359,600, which is 47% above the national median. Monthly rent at $1,733 is 49% above the US average of $1,163. Within Florida, Palm Harbor's income is 1% below the state average of $75,893, and home values are 2% above the state median of $353,675.
Why Live in Palm Harbor, FL?
Palm Harbor offers a strong local economy with a median household income of $75,354, well above the national average, and a strong job market with an unemployment rate of just 2.7%, and a well-educated community where 39.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 10.3%, better than the national average.
Palm Harbor has a population of 61,454 with a median age of 50.5 years. Compare Palm Harbor with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Palm Harbor
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wellington | 61,497 | $110,294 | $557,100 | Compare |
| Jupiter | 61,097 | $109,109 | $555,500 | Compare |
| St. Cloud | 61,963 | $76,196 | $324,100 | Compare |
| Horizon West | 62,152 | $123,586 | $498,700 | Compare |
| Sanford | 62,292 | $62,877 | $272,900 | Compare |
| Four Corners | 60,443 | $74,202 | $312,300 | Compare |
| Palm Beach Gardens | 59,751 | $110,563 | $554,300 | Compare |
| North Miami | 59,429 | $51,909 | $326,300 | 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.
Compare Palm Harbor With Other Cities
Frequently Asked Questions about Palm Harbor
What is the population of Palm Harbor, FL?
The population of Palm Harbor, FL is 61,454 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Florida.
What is the median household income in Palm Harbor?
The median household income in Palm Harbor, FL is $75,354 per year, which is 0% above the national median of $75,149.
What is the median home value in Palm Harbor?
The median home value in Palm Harbor, FL is $359,600, which is 47% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Palm Harbor?
The median monthly rent in Palm Harbor, FL is $1,733, which is 49% above the national average of $1,163/month.
What is the unemployment rate in Palm Harbor?
The unemployment rate in Palm Harbor, FL is 2.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Palm Harbor, FL a good place to live?
Palm Harbor offers above-average incomes, a competitive housing market, and a strong job market. With a population of 61,454 and a median age of 50.5, the city appeals to established professionals and retirees.
How educated is Palm Harbor, FL?
39.2% of residents in Palm Harbor aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Palm Harbor?
Key cost-of-living indicators for Palm Harbor, FL: median home value is $359,600 (47% above national), median rent is $1,733/month, and median household income is $75,354. The home-value-to-income ratio is 4.8x, a moderate figure by national standards.
What is the poverty rate in Palm Harbor?
The poverty rate in Palm Harbor, FL is 10.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Palm Harbor, FL?
Palm Harbor's population is 1.6% White, 0.6% Hispanic or Latino, 1.6% Black or African American, 4.0% Asian, and 1.9% two or more races. 13.5% of residents are foreign-born.