Living in Palm Coast, Florida
Cost of living, income, home prices, rent and demographics of Palm Coast · Census data 2020–2024
Palm Coast has 98,258 residents with a median age of 50.4. The median household income is $77,350 (4% higher than the Florida median), the median home value is $350,800, the median rent is $1,782/month.
Palm Coast at a glance
- Population
- 98,258
- Median age
- 50.4State: 42.6
- Median household income
- $77,350State: $74,568
- Median home value
- $350,800State: $359,000
- Median rent
- $1,782/moState: $1,669
- Homeowners
- 81.9%
- Bachelor's degree or higher
- 29.7%
- Average commute
- 27 min
Is Palm Coast a good place to live?
Pros: Median household income 4% higher than the Florida median; home values about the same as the state median; an average commute of 27 minutes; unemployment of 4.5%; a poverty rate of 10.6%.
The weather is best in March–April and October–November.
Cost of living in Palm Coast
Housing is the biggest part of the cost of living. In Palm Coast the median home value is $350,800, 5% higher than the U.S. median. Renters pay a median of $1,782 per month, which is 36.7% of household income. Homeowners with a mortgage pay $1,687 a month in housing costs.
Palm Coast median household income
The median household income in Palm Coast is $77,350 and the income per person is $42,023. 10.6% of residents live below the poverty line (Florida: 12.6%).
Housing in Palm Coast: homes for sale and rent
- Housing units
- 44,254
- Owner-occupied
- 81.9%
- Renter-occupied
- 18.1%
- Vacant
- 10%Includes seasonal homes
- Median year built
- 2003
- Average household size
- 2.46
Palm Coast demographics
- Population
- 98,258
- Median age
- 50.4
- Under 18
- 17.1%
- 65 and older
- 29.5%
- Households
- 39,807
- Foreign-born
- 14.8%
- Veterans
- 10.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Palm Coast ›
Education in Palm Coast
29.7% of adults 25 and older in Palm Coast have a bachelor's degree or higher (Florida: 34.1%), and 9.6% have a graduate or professional degree.
Jobs and commute in Palm Coast
- Unemployment rate
- 4.5%State: 4.8%
- Average commute
- 27 minState: 28 min
- Work from home
- 17.4%
- Drive alone
- 67.6%
- Public transit
- 0.4%
- Walk to work
- 0.5%
- Homes with broadband
- 89.1%
Palm Coast vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Palm Coast | 98,258 | $77,350 | $350,800 | $1,782 |
| Beverly Beach | 607 | $47,917 | $345,100 | $825 |
| Flagler Beach | 5,373 | $84,632 | $557,600 | $1,462 |
| Bunnell | 3,682 | $55,130 | $286,400 | $1,235 |
| Crescent Beach | 809 | $146,042 | $664,600 | $2,350 |
| Flagler Estates | 4,321 | $75,957 | $213,300 | $1,147 |
| Ormond-by-the-Sea | 7,146 | $79,120 | $392,300 | $1,434 |
| Crescent City | 1,944 | $33,971 | $192,600 | $789 |
| Butler Beach | 4,610 | $76,689 | $493,100 | $1,743 |
More for people moving to Palm Coast
Palm Coast ZIP code ›Weather and climate ›Living in Palm Coast: FAQ
What is the median household income in Palm Coast, FL?
The median household income in Palm Coast is $77,350, 4% higher than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Palm Coast?
The median home value in Palm Coast is $350,800, compared with $359,000 in Florida.
How much is rent in Palm Coast?
The median gross rent in Palm Coast is $1,782 per month, about 36.7% of household income.
Is Palm Coast, FL a good place to live?
Pluses: median household income 4% higher than the Florida median; home values about the same as the state median; an average commute of 27 minutes; unemployment of 4.5%; a poverty rate of 10.6%.
What is the median age in Palm Coast?
The median age in Palm Coast is 50.4 years (Florida: 42.6).
How long is the commute in Palm Coast?
The average commute to work in Palm Coast is 27 minutes; 17.4% of workers work from home.
What is the unemployment rate in Palm Coast?
The unemployment rate in Palm Coast is 4.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Palm Coast?
29.7% of adults in Palm Coast have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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