Census Bureau data for Palm Beach town from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Palm Beach town
- What is the median household income in Palm Beach town?
- The median household income in Palm Beach town is $175,078 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Palm Beach town?
- The poverty rate in Palm Beach town is 2.8% (U.S. Census Bureau ACS 2023).
- What is the median home value in Palm Beach town?
- $1,996,700 (U.S. Census Bureau ACS 2023).
- What is the average rent in Palm Beach town?
- The median gross rent in Palm Beach town is $1,849 per month (U.S. Census Bureau ACS 2023).
- What percentage of Palm Beach town residents have a college degree?
- 68.4% of adults in Palm Beach town hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
9,234
Median Income
$175,078
Median Home Value
$1,996,700
Poverty Rate
2.8%
Unemployment (ACS 2023)
4.8%
Median Age
69.0 yrs
Since 2019
Median Income:
+$33,730 (+23.9%)
Home Value:
+$819,600 (+69.6%)
Poverty Rate:
+1.2 pp (+75%)
Bachelor's+:
+0.5 pp (+0.7%)
Unemployment:
+2.5 pp (+108.7%)
Demographics
Total Population
9,234
Median Age
69.0
Female
55.8%
Race & Ethnicity
Hispanic or Latino 6.0%
White (non-Hisp.) 90.2%
Black 0.5%
Asian 1.1%
Two or More 5.9%
Other 0.7%
Asian Subgroups (% of total pop.)
Indian
0.2%
Filipino
0.2%
Vietnamese
0.2%
Chinese
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
1.6%
Puerto Rican
1.5%
Cuban
1.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$175,078
±$54,181
+$103,367 vs. state
Per Capita Income
$251,945
Median Family Income
$203,906
Poverty Rate
2.8%
-6.1 pp vs. state
Child Poverty Rate
13.3%
Working-Age Poverty Rate
—
SNAP Recipients
1.6%
Social Security Income
—
Retirement Income
44.0%
Household Income Distribution
< $10k
5.5%
$10–15k
2.0%
$15–25k
2.4%
$25–35k
2.7%
$35–50k
3.5%
$50–75k
6.7%
$75–100k
5.9%
$100–150k
18.5%
$150–200k
6.6%
$200k+
46.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
10,450
Owner-Occupied
82.7%
Renter-Occupied
17.3%
Vacancy Rate
47.8%
Median Home Value
$1,996,700
+$1,671,700 vs. state
Median Gross Rent
$1,849
Owner Cost Burden (30%+)
32.4%
Renter Cost Burden (30%+)
34.9%
Home Value Distribution
< $50k
1.9%
$100–200k
0.4%
$200–300k
1.8%
$300–500k
11.0%
$500k–$1M
14.5%
$1M+
68.8%
Gross Rent Distribution
< $500
1.7%
$500–1k
5.2%
$1–1.5k
9.0%
$1.5–2k
48.8%
$2–2.5k
6.3%
$2.5–3.5k
6.0%
$3.5k+
23.0%
Vehicle Availability
No vehicle
3.0%
1 vehicle
50.2%
2 vehicles
35.6%
3+
11.2%
Housing Type
Single-fam. det.
26.3%
Single-fam. att.
1.8%
2–4 units
2.5%
5–19 units
2.9%
20+ units
60.4%
Mobile home
0.1%
Housing Age
Pre-1940
11.8%
1940–1969
4.1%
1970–1999
22.8%
2000–2009
4.6%
2010+
2.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
97.4%
Bachelor's or Higher
68.4%
+35.2 pp vs. state
Graduate Degree
35.5%
Some College / Associate
14.0%
Less Than High School
0.6%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
33.3%
Unemployment Rate
4.8%
+0.0 pp vs. state
Work from Home
37.6%
Self-Employed
10.6%
Government Workers
1.0%
Private For-Profit
88.3%
Industry
Prof. Services
25.1%
Edu/Health
19.9%
Finance
16.5%
Arts/Entmt.
7.9%
Retail
7.5%
Construction
5.7%
Manufacturing
5.2%
Wholesale
4.1%
Information
1.1%
Public Admin
0.5%
Agriculture
0.4%
Occupation
Management
67.0%
Sales
22.6%
Food Prep
6.3%
Production
2.7%
Construction
1.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
26.8 min
Drove Alone
44.8%
Carpool
1.1%
Public Transit
1.1%
Work from Home
37.6%
Walked
7.2%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
5,452
Avg. Household Size
1.00
Avg. Family Size
—
Married-Couple Households
47.5%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
2.5%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
1.5%
5–9
1.5%
10–14
1.4%
15–19
1.0%
20–24
0.9%
25–34
2.7%
35–44
3.1%
45–54
6.9%
55–64
8.1%
65–74
10.9%
75–84
23.4%
85+
26.5%
Under 18: 5.0%
Working age (18–64): 95.0%
65 and over: 62.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
18.4%
Naturalized Citizen
69.2%
Speaks English Less Than Very Well
1.9%
Foreign-Born Origin
Europe
62.3%
Latin America
16.0%
Asia
8.1%
Africa
2.5%
Veterans & Disability
Veteran
8.1%
With a Disability
12.4%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
94.5%
Uninsured
5.5%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
96.0%
Has a Computer
98.6%
Same House 1 Year Ago
86.7%
Moved from Abroad
0.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023