Palm Springs North, FL
Population 5,291 · Florida
About Palm Springs North, FL
Palm Springs North is a small town located in Florida with a population of 5,291 residents according to the latest US Census Bureau American Community Survey data. The median household income is $97,083 per year, which is 29% above the national median of $75,149. The median age of 42.4 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 Springs North features a median home value of $476,500, which is 95% above the national median of $244,900. This places Palm Springs North in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $3,205, 176% above the national average of $1,163/month. Of the 1,588 total housing units, 91% are owner-occupied (1,382 units) and 9% are renter-occupied (143 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Palm Springs North shows an unemployment rate of 2.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 11.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Palm Springs North have an average one-way commute time of 30.5 minutes.
Education & Demographics
25.3% of Palm Springs North 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 3.2% White, 0.3% Hispanic or Latino, 1.9% Black or African American, and 17.3% Asian residents, with 48.7% of the population being foreign-born.
Cost of Living in Palm Springs North, FL
Compared to national averages, Palm Springs North has a median household income of $97,083 (29% above the national median of $75,149). Home values average $476,500, which is 95% above the national median. Monthly rent at $3,205 is 176% above the US average of $1,163. Within Florida, Palm Springs North's income is 28% above the state average of $75,893, and home values are 35% above the state median of $353,675.
Why Live in Palm Springs North, FL?
Palm Springs North offers a strong local economy with a median household income of $97,083, well above the national average, and a strong job market with an unemployment rate of just 2.8%, and a low poverty rate of 11.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $476,500. However, Palm Springs North’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Palm Springs North has a population of 5,291 with a median age of 42.4 years. Compare Palm Springs North with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Palm Springs North
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Whiskey Creek | 5,298 | $99,242 | $345,100 | Compare |
| Naples Manor | 5,262 | $63,142 | $340,000 | Compare |
| Cortez | 5,323 | $76,915 | $388,500 | Compare |
| South Pasadena | 5,324 | $51,369 | $319,600 | Compare |
| Flagler Beach | 5,250 | $81,193 | $496,800 | Compare |
| Rainbow Springs | 5,226 | $49,535 | $264,600 | Compare |
| Balm | 5,362 | $104,347 | $312,600 | Compare |
| White City | 5,373 | $96,042 | $350,800 | 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.
Compare Palm Springs North With Other Cities
Frequently Asked Questions about Palm Springs North
What is the population of Palm Springs North, FL?
The population of Palm Springs North, FL is 5,291 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Florida.
What is the median household income in Palm Springs North?
The median household income in Palm Springs North, FL is $97,083 per year, which is 29% above the national median of $75,149.
What is the median home value in Palm Springs North?
The median home value in Palm Springs North, FL is $476,500, which is 95% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Palm Springs North?
The median monthly rent in Palm Springs North, FL is $3,205, which is 176% above the national average of $1,163/month.
What is the unemployment rate in Palm Springs North?
The unemployment rate in Palm Springs North, FL is 2.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Palm Springs North, FL a good place to live?
Palm Springs North offers above-average incomes, a competitive housing market, and a strong job market. With a population of 5,291 and a median age of 42.4, the city appeals to a broad range of residents.
How educated is Palm Springs North, FL?
25.3% of residents in Palm Springs North aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Palm Springs North?
Key cost-of-living indicators for Palm Springs North, FL: median home value is $476,500 (95% above national), median rent is $3,205/month, and median household income is $97,083. The home-value-to-income ratio is 4.9x, a moderate figure by national standards.
What is the poverty rate in Palm Springs North?
The poverty rate in Palm Springs North, FL is 11.8%, 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 Springs North, FL?
Palm Springs North's population is 3.2% White, 0.3% Hispanic or Latino, 1.9% Black or African American, 17.3% Asian, and 0.0% two or more races. 48.7% of residents are foreign-born.