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Palm City, Florida

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
26,371
Population
$125,820
Median Income
$563,400
Home Value
52.1
Median Age

Demographics

Palm City has a population of 26,371 with a median age of 52.1. Here is the racial and ethnic breakdown of the population:

White
84.3%
Hispanic
10.8%
Asian
2.1%
Other
2.1%
Black
0.7%
Demographic Value
Total Population26,371
Median Age52.1
White84.3%
Black or African American0.7%
Asian2.1%
Hispanic or Latino10.8%
Other / Two or More Races2.1%
Palm City, Florida — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 84.3%Hispanic/Latino: 10.8%Asian: 2.1%Other: 2.1%Other: 0.7%26,371PopulationWhiteWhite84.3%Hispanic/LatinoHispanic/Latino10.8%AsianAsian2.1%OtherOther2.1%OtherOther0.7%

Income & Economy

The median household income in Palm City is $125,820, which is 56.1% above the national median of $80,610. The per capita income is $66,506. The poverty rate is 5.6%.

$125,820
Median Household Income
$66,506
Per Capita Income
5.6%
Poverty Rate

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Education

In Palm City, 97.1% of residents age 25+ have a high school diploma or higher, and 47.6% hold a bachelor's degree or higher (18.8% with a graduate or professional degree).

HS Diploma+
97.1%
Bachelor's+
47.6%
Graduate+
18.8%
Education Level % of Adults (25+)
High School Diploma or Higher97.1%
Bachelor's Degree or Higher47.6%
Graduate or Professional Degree18.8%

Housing

The median home value in Palm City is $563,400, above the national median of $303,400. The median monthly rent is $2,013. The homeownership rate is 89.7%.

$563,400
Median Home Value
$2,013/mo
Median Rent
89.7%
Homeownership Rate
Housing Metric Value
Median Home Value$563,400
Median Monthly Rent$2,013
Homeownership Rate89.7%
Vacancy Rate10.8%

Salaries in Florida

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Frequently Asked Questions

What is the population of Palm City, Florida?
The population of Palm City, Florida is 26,371 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Palm City, Florida?
The median household income in Palm City, Florida is $125,820. This is 56.1% above the national median of $80,610.
What is the median home value in Palm City, Florida?
The median home value in Palm City, Florida is $563,400. The median monthly rent is $2,013.
What percentage of people in Palm City have a college degree?
In Palm City, Florida, 47.6% of adults age 25 and older hold a bachelor's degree or higher, and 97.1% have a high school diploma or higher.
Is Palm City, Florida an affordable place to live?
The home price-to-income ratio in Palm City, Florida is 4.5x (median home value $563,400 vs. median income $125,820), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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