Last updated: 2024 BLS data · Page refreshed:
Palm Beach has a population of 9,348 with a median age of 70.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 9,348 |
| Median Age | 70.4 |
| White | 90.9% |
| Black or African American | 0.6% |
| Asian | 1.9% |
| Hispanic or Latino | 5.5% |
| Other / Two or More Races | 1.1% |
The median household income in Palm Beach is $168,403, which is 108.9% above the national median of $80,610. The per capita income is $211,607. The poverty rate is 6.9%.
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In Palm Beach, 97.2% of residents age 25+ have a high school diploma or higher, and 70.0% hold a bachelor's degree or higher (35.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.2% |
| Bachelor's Degree or Higher | 70.0% |
| Graduate or Professional Degree | 35.7% |
The median home value in Palm Beach is $2,000,001, above the national median of $303,400. The median monthly rent is $2,311. The homeownership rate is 83.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $2,000,001 |
| Median Monthly Rent | $2,311 |
| Homeownership Rate | 83.7% |
| Vacancy Rate | 47.9% |
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