South Palm Beach, FL
Population 1,667 · Florida
About South Palm Beach, FL
South Palm Beach is a small town located in Florida with a population of 1,667 residents according to the latest US Census Bureau American Community Survey data. The median household income is $79,583 per year, which is 6% above the national median of $75,149. The median age of 68.1 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 South Palm Beach features a median home value of $374,200, which is 53% above the national median of $244,900. This places South Palm Beach in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,750, 50% above the national average of $1,163/month. Of the 1,988 total housing units, 89% are owner-occupied (884 units) and 11% are renter-occupied (114 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in South Palm Beach shows an unemployment rate of 2.2%, 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 South Palm Beach have an average one-way commute time of 37.1 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
44.2% of South Palm Beach 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, 0.0% Hispanic or Latino, 1.3% Black or African American, and 5.3% Asian residents, with 31.3% of the population being foreign-born.
Cost of Living in South Palm Beach, FL
Compared to national averages, South Palm Beach has a median household income of $79,583 (6% above the national median of $75,149). Home values average $374,200, which is 53% above the national median. Monthly rent at $1,750 is 50% above the US average of $1,163. Within Florida, South Palm Beach's income is 5% above the state average of $75,893, and home values are 6% above the state median of $353,675.
Why Live in South Palm Beach, FL?
South Palm Beach offers a strong local economy with a median household income of $79,583, well above the national average, and a strong job market with an unemployment rate of just 2.2%, and a well-educated community where 44.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 11.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $374,200. However, South Palm Beach’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
South Palm Beach has a population of 1,667 with a median age of 68.1 years. Compare South Palm Beach with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near South Palm Beach
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pine Island Center | 1,668 | $61,111 | $287,300 | Compare |
| Christmas | 1,665 | $83,015 | $293,200 | Compare |
| Interlachen | 1,659 | $48,000 | $100,500 | Compare |
| Wabasso | 1,648 | $66,771 | $413,600 | Compare |
| Inglis | 1,693 | $60,000 | $162,200 | Compare |
| Webster | 1,631 | $55,000 | $251,300 | Compare |
| North Key Largo | 1,630 | $146,389 | $1,858,300 | Compare |
| Royal Palm Estates | 1,722 | $51,461 | $321,200 | 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.
Compare South Palm Beach With Other Cities
Frequently Asked Questions about South Palm Beach
What is the population of South Palm Beach, FL?
The population of South Palm Beach, FL is 1,667 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 South Palm Beach?
The median household income in South Palm Beach, FL is $79,583 per year, which is 6% above the national median of $75,149.
What is the median home value in South Palm Beach?
The median home value in South Palm Beach, FL is $374,200, which is 53% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in South Palm Beach?
The median monthly rent in South Palm Beach, FL is $1,750, which is 50% above the national average of $1,163/month.
What is the unemployment rate in South Palm Beach?
The unemployment rate in South Palm Beach, FL is 2.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is South Palm Beach, FL a good place to live?
South Palm Beach offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,667 and a median age of 68.1, the city appeals to established professionals and retirees.
How educated is South Palm Beach, FL?
44.2% of residents in South Palm Beach 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 South Palm Beach?
Key cost-of-living indicators for South Palm Beach, FL: median home value is $374,200 (53% above national), median rent is $1,750/month, and median household income is $79,583. The home-value-to-income ratio is 4.7x, a moderate figure by national standards.
What is the poverty rate in South Palm Beach?
The poverty rate in South Palm Beach, 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 South Palm Beach, FL?
South Palm Beach's population is 0.6% White, 0.0% Hispanic or Latino, 1.3% Black or African American, 5.3% Asian, and 0.4% two or more races. 31.3% of residents are foreign-born.