Palm Valley, FL
Population 19,775 · Florida
About Palm Valley, FL
Palm Valley is a mid-sized city in Florida with a population of 19,775 residents. The median household income is $118,280 per year, which is above the national average. The median age in Palm Valley is 49.9 years.
Housing in Palm Valley has a median home value of $646,200 and median monthly rent of $1,804. Of the 9,710 total housing units, the majority are owner-occupied, with 6,875 owner-occupied and 1,795 renter-occupied units.
The unemployment rate in Palm Valley is 2.0% and the poverty rate is 4.1%. 68.1% of residents hold a bachelor's degree or higher. The average commute time is 25.3 minutes.
How Palm Valley Ranks in Florida
Cost of Living in Palm Valley, FL
Compared to national averages, Palm Valley has a median household income of $118,280 (57% above the national median of $75,149). Home values average $646,200, which is 164% above the national median. Monthly rent at $1,804 is 55% above the US average of $1,163. Within Florida, Palm Valley's income is 56% above the state average of $75,893, and home values are 83% above the state median of $353,675.
Why Live in Palm Valley, FL?
Palm Valley offers a strong local economy with a median household income of $118,280, well above the national average, and a strong job market with an unemployment rate of just 2.0%, and a well-educated community where 68.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $646,200. However, Palm Valley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Palm Valley has a population of 19,775 with a median age of 49.9 years. Compare Palm Valley with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Palm Valley
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bartow | 19,801 | $66,944 | $210,400 | Compare |
| Tavares | 19,738 | $57,644 | $225,500 | Compare |
| Punta Gorda | 19,886 | $79,291 | $482,300 | Compare |
| Bradfordville | 19,548 | $129,276 | $358,400 | Compare |
| Sweetwater | 19,544 | $55,154 | $251,000 | Compare |
| Lynn Haven | 19,451 | $83,093 | $286,700 | Compare |
| Naples | 19,421 | $140,833 | $1,254,200 | Compare |
| Englewood | 19,385 | $65,557 | $295,600 | 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 Valley With Other Cities
Frequently Asked Questions about Palm Valley
What is the population of Palm Valley, FL?
The population of Palm Valley, FL is 19,775 according to the latest Census data.
What is the median household income in Palm Valley?
The median household income in Palm Valley, FL is $118,280 per year.
What is the median home value in Palm Valley?
The median home value in Palm Valley, FL is $646,200.
What is the average rent in Palm Valley?
The median monthly rent in Palm Valley, FL is $1,804.
What is the unemployment rate in Palm Valley?
The unemployment rate in Palm Valley, FL is 2.0%.