Royal Palm Estates, FL
Population 1,722 · Florida
About Royal Palm Estates, FL
Royal Palm Estates is a small community in Florida with a population of 1,722 residents. The median household income is $51,461 per year, which is near the national average. The median age in Royal Palm Estates is 36 years.
Housing in Royal Palm Estates has a median home value of $321,200 and median monthly rent of $2,016. Of the 669 total housing units, the majority are owner-occupied, with 409 owner-occupied and 260 renter-occupied units.
The unemployment rate in Royal Palm Estates is 6.3% and the poverty rate is 26.5%. 0.7% of residents hold a bachelor's degree or higher. The average commute time is 25.7 minutes.
Cost of Living in Royal Palm Estates, FL
Compared to national averages, Royal Palm Estates has a median household income of $51,461 (32% below the national median of $75,149). Home values average $321,200, which is 31% above the national median. Monthly rent at $2,016 is 73% above the US average of $1,163. Within Florida, Royal Palm Estates's income is 32% below the state average of $75,893, and home values are 9% below the state median of $353,675.
Why Live in Royal Palm Estates, FL?
Potential considerations include median household income ($51,461) that falls below the national average. However, Royal Palm Estates’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Royal Palm Estates has a population of 1,722 with a median age of 36 years. Compare Royal Palm Estates with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Royal Palm Estates
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Manasota Key | 1,741 | $125,119 | $678,100 | Compare |
| Inglis | 1,693 | $60,000 | $162,200 | Compare |
| Verandah | 1,766 | $128,750 | $544,200 | Compare |
| Lake Hamilton | 1,767 | $60,000 | $195,200 | Compare |
| Lake Kerr | 1,767 | $43,472 | $118,800 | Compare |
| Pine Island Center | 1,668 | $61,111 | $287,300 | Compare |
| South Palm Beach | 1,667 | $79,583 | $374,200 | Compare |
| Christmas | 1,665 | $83,015 | $293,200 | 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 Royal Palm Estates
What is the population of Royal Palm Estates, FL?
The population of Royal Palm Estates, FL is 1,722 according to the latest Census data.
What is the median household income in Royal Palm Estates?
The median household income in Royal Palm Estates, FL is $51,461 per year.
What is the median home value in Royal Palm Estates?
The median home value in Royal Palm Estates, FL is $321,200.
What is the average rent in Royal Palm Estates?
The median monthly rent in Royal Palm Estates, FL is $2,016.
What is the unemployment rate in Royal Palm Estates?
The unemployment rate in Royal Palm Estates, FL is 6.3%.