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Palm River-Clair Mel, 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
27,844
Population
$71,787
Median Income
$271,700
Home Value
34.9
Median Age

Demographics

Palm River-Clair Mel has a population of 27,844 with a median age of 34.9. Here is the racial and ethnic breakdown of the population:

Hispanic
43.8%
White
33.1%
Black
20.3%
Asian
5.1%
Demographic Value
Total Population27,844
Median Age34.9
White33.1%
Black or African American20.3%
Asian5.1%
Hispanic or Latino43.8%
Palm River-Clair Mel, Florida — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 102.Hispanic/Latino: 42.8%White: 32.4%Black: 19.8%Asian: 5.0%27,844PopulationHispanic/LatinoHispanic/Latino42.8%WhiteWhite32.4%BlackBlack19.8%AsianAsian5.0%

Income & Economy

The median household income in Palm River-Clair Mel is $71,787, which is 10.9% below the national median of $80,610. The per capita income is $31,732. The poverty rate is 13.1%.

$71,787
Median Household Income
$31,732
Per Capita Income
13.1%
Poverty Rate

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Education

In Palm River-Clair Mel, 82.2% of residents age 25+ have a high school diploma or higher, and 25.0% hold a bachelor's degree or higher (6.2% with a graduate or professional degree).

HS Diploma+
82.2%
Bachelor's+
25.0%
Graduate+
6.2%
Education Level % of Adults (25+)
High School Diploma or Higher82.2%
Bachelor's Degree or Higher25.0%
Graduate or Professional Degree6.2%

Housing

The median home value in Palm River-Clair Mel is $271,700, below the national median of $303,400. The median monthly rent is $1,525. The homeownership rate is 60.5%.

$271,700
Median Home Value
$1,525/mo
Median Rent
60.5%
Homeownership Rate
Housing Metric Value
Median Home Value$271,700
Median Monthly Rent$1,525
Homeownership Rate60.5%
Vacancy Rate6.5%

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Frequently Asked Questions

What is the population of Palm River-Clair Mel, Florida?
The population of Palm River-Clair Mel, Florida is 27,844 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Palm River-Clair Mel, Florida?
The median household income in Palm River-Clair Mel, Florida is $71,787. This is 10.9% below the national median of $80,610.
What is the median home value in Palm River-Clair Mel, Florida?
The median home value in Palm River-Clair Mel, Florida is $271,700. The median monthly rent is $1,525.
What percentage of people in Palm River-Clair Mel have a college degree?
In Palm River-Clair Mel, Florida, 25.0% of adults age 25 and older hold a bachelor's degree or higher, and 82.2% have a high school diploma or higher.
Is Palm River-Clair Mel, Florida an affordable place to live?
The home price-to-income ratio in Palm River-Clair Mel, Florida is 3.8x (median home value $271,700 vs. median income $71,787), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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