Palm Valley, FL
Population 19,775 · Florida
About Palm Valley, FL
Palm Valley is a mid-sized city located in Florida with a population of 19,775 residents according to the latest US Census Bureau American Community Survey data. The median household income is $118,280 per year, which is 57% above the national median of $75,149. The median age of 49.9 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 Valley features a median home value of $646,200, which is 164% above the national median of $244,900. This places Palm Valley in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,804, 55% above the national average of $1,163/month. Of the 9,710 total housing units, 79% are owner-occupied (6,875 units) and 21% are renter-occupied (1,795 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Palm Valley shows an unemployment rate of 2.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Palm Valley have an average one-way commute time of 25.3 minutes.
Education & Demographics
68.1% of Palm Valley residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.6% White, 1.0% Hispanic or Latino, 1.2% Black or African American, and 3.0% Asian residents, with 9.2% of the population being foreign-born.
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 US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Florida.
What is the median household income in Palm Valley?
The median household income in Palm Valley, FL is $118,280 per year, which is 57% above the national median of $75,149.
What is the median home value in Palm Valley?
The median home value in Palm Valley, FL is $646,200, which is 164% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Palm Valley?
The median monthly rent in Palm Valley, FL is $1,804, which is 55% above the national average of $1,163/month.
What is the unemployment rate in Palm Valley?
The unemployment rate in Palm Valley, FL is 2.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Palm Valley, FL a good place to live?
Palm Valley offers above-average incomes, a competitive housing market, and a strong job market. With a population of 19,775 and a median age of 49.9, the city appeals to established professionals and retirees.
How educated is Palm Valley, FL?
68.1% of residents in Palm Valley 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 Valley?
Key cost-of-living indicators for Palm Valley, FL: median home value is $646,200 (164% above national), median rent is $1,804/month, and median household income is $118,280. The home-value-to-income ratio is 5.5x, a moderate figure by national standards.
What is the poverty rate in Palm Valley?
The poverty rate in Palm Valley, FL is 4.1%, 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 Valley, FL?
Palm Valley's population is 0.6% White, 1.0% Hispanic or Latino, 1.2% Black or African American, 3.0% Asian, and 1.9% two or more races. 9.2% of residents are foreign-born.