Living in Palm Springs North, Florida

Cost of living, income, home prices, rent and demographics of Palm Springs North · Census data 2020–2024

Palm Springs North has 5,410 residents with a median age of 43.1. The median household income is $99,438 (33% higher than the Florida median), the median home value is $550,500, the median rent is $2,860/month.

Palm Springs North at a glance

Population
5,410
Median age
43.1State: 42.6
Median household income
$99,438State: $74,568
Median home value
$550,500State: $359,000
Median rent
$2,860/moState: $1,669
Homeowners
88.2%
Bachelor's degree or higher
22.3%
Average commute
30 min

Is Palm Springs North a good place to live?

Pros: Median household income 33% higher than the Florida median; unemployment of 2.4%; a poverty rate of 10.4%.

Cons: Home values 53% higher than the state median; an average commute of 30 minutes.

The weather is best in December to March.

Cost of living in Palm Springs North

Housing is the biggest part of the cost of living. In Palm Springs North the median home value is $550,500, 65% higher than the U.S. median. Renters pay a median of $2,860 per month, which is 34.5% of household income. Homeowners with a mortgage pay $2,678 a month in housing costs.

Median home value

Palm Springs North$550,500
Florida$359,000
United States$332,700

Median monthly rent

Palm Springs North$2,860
Florida$1,669
United States$1,413

Palm Springs North median household income

The median household income in Palm Springs North is $99,438 and the income per person is $32,748. 10.4% of residents live below the poverty line (Florida: 12.6%).

Median household income

Palm Springs North$99,438
Florida$74,568
United States$80,734

Housing in Palm Springs North: homes for sale and rent

Housing units
1,560
Owner-occupied
88.2%
Renter-occupied
11.8%
Vacant
1.3%Includes seasonal homes
Median year built
1965
Average household size
3.51

Palm Springs North demographics

Population
5,410
Median age
43.1
Under 18
20.4%
65 and older
20.5%
Households
1,539
Foreign-born
49.7%
Veterans
3.1%Adults 18+

Race and ethnicity

White33.5%
Hispanic or Latino90.8%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Palm Springs North ›

Education in Palm Springs North

22.3% of adults 25 and older in Palm Springs North have a bachelor's degree or higher (Florida: 34.1%), and 9% have a graduate or professional degree.

Bachelor's degree or higher

Palm Springs North22.3%
Florida34.1%
United States35.7%

Jobs and commute in Palm Springs North

Unemployment rate
2.4%State: 4.8%
Average commute
30 minState: 28 min
Work from home
11.5%
Drive alone
77.9%
Public transit
1.1%
Walk to work
0%
Homes with broadband
95.5%

Palm Springs North vs nearby towns

TownPopulationMedian incomeHome valueRent
Palm Springs North5,410$99,438$550,500$2,860
Country Club51,296$75,212$378,600$1,899
Miami Lakes31,553$101,557$626,400$2,120
Miramar138,600$89,125$462,700$2,117
Hialeah Gardens22,915$65,439$342,000$1,946
Hialeah226,165$55,594$392,000$1,689
Opa-locka16,282$37,532$295,800$1,351
Medley988$40,735$87,300$1,320
Miami Gardens113,177$63,627$378,500$1,787

More for people moving to Palm Springs North

Palm Springs North ZIP code ›Weather and climate ›

Living in Palm Springs North: FAQ

What is the median household income in Palm Springs North, FL?

The median household income in Palm Springs North is $99,438, 33% 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 Springs North?

The median home value in Palm Springs North is $550,500, compared with $359,000 in Florida.

How much is rent in Palm Springs North?

The median gross rent in Palm Springs North is $2,860 per month, about 34.5% of household income.

Is Palm Springs North, FL a good place to live?

Pluses: median household income 33% higher than the Florida median; unemployment of 2.4%; a poverty rate of 10.4%. Minuses: home values 53% higher than the state median; an average commute of 30 minutes.

What is the median age in Palm Springs North?

The median age in Palm Springs North is 43.1 years (Florida: 42.6).

How long is the commute in Palm Springs North?

The average commute to work in Palm Springs North is 30 minutes; 11.5% of workers work from home.

What is the unemployment rate in Palm Springs North?

The unemployment rate in Palm Springs North is 2.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Palm Springs North?

22.3% of adults in Palm Springs North 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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