Last updated: 2024 BLS data · Page refreshed:
Palm Springs has a population of 45,070 with a median age of 58.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 45,070 |
| Median Age | 58.5 |
| White | 66.0% |
| Black or African American | 4.5% |
| Asian | 5.3% |
| Hispanic or Latino | 25.7% |
The median household income in Palm Springs is $73,119, which is 9.3% below the national median of $80,610. The per capita income is $67,909. The poverty rate is 11.8%.
The unemployment rate in Palm Springs is 5.4%, compared to the national rate of 4.1%.
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In Palm Springs, 92.1% of residents age 25+ have a high school diploma or higher, and 44.5% hold a bachelor's degree or higher (19.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 92.1% |
| Bachelor's Degree or Higher | 44.5% |
| Graduate or Professional Degree | 19.5% |
The median home value in Palm Springs is $604,000, above the national median of $303,400. The median monthly rent is $1,562. The homeownership rate is 65.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $604,000 |
| Median Monthly Rent | $1,562 |
| Homeownership Rate | 65.9% |
| Vacancy Rate | 33.3% |
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