Living in South Palm Beach, Florida
Cost of living, income, home prices, rent and demographics of South Palm Beach · Census data 2020–2024
South Palm Beach has 1,576 residents with a median age of 68.9. The median household income is $91,750 (23% higher than the Florida median), the median home value is $415,900, the median rent is $1,868/month.
South Palm Beach at a glance
- Population
- 1,576
- Median age
- 68.9State: 42.6
- Median household income
- $91,750State: $74,568
- Median home value
- $415,900State: $359,000
- Median rent
- $1,868/moState: $1,669
- Homeowners
- 87.3%
- Bachelor's degree or higher
- 45.6%
- Average commute
- 36 min
Is South Palm Beach a good place to live?
Pros: Median household income 23% higher than the Florida median; unemployment of 2.3%; a poverty rate of 12.3%.
Cons: Home values 16% higher than the state median; an average commute of 36 minutes.
The weather is best in December to March.
Cost of living in South Palm Beach
Housing is the biggest part of the cost of living. In South Palm Beach the median home value is $415,900, 25% higher than the U.S. median. Renters pay a median of $1,868 per month, which is 28.5% of household income. Homeowners with a mortgage pay $2,293 a month in housing costs.
South Palm Beach median household income
The median household income in South Palm Beach is $91,750 and the income per person is $104,485. 12.3% of residents live below the poverty line (Florida: 12.6%).
Housing in South Palm Beach: homes for sale and rent
- Housing units
- 1,937
- Owner-occupied
- 87.3%
- Renter-occupied
- 12.7%
- Vacant
- 48.5%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 1.58
48.5% of homes are vacant most of the year, a sign that South Palm Beach has many vacation and second homes.
South Palm Beach demographics
- Population
- 1,576
- Median age
- 68.9
- Under 18
- 2.4%
- 65 and older
- 64.5%
- Households
- 997
- Foreign-born
- 28.7%
- Veterans
- 9.4%Adults 18+
Hispanic or Latino can be of any race. Population history of South Palm Beach ›
Education in South Palm Beach
45.6% of adults 25 and older in South Palm Beach have a bachelor's degree or higher (Florida: 34.1%), and 18.6% have a graduate or professional degree.
Jobs and commute in South Palm Beach
- Unemployment rate
- 2.3%State: 4.8%
- Average commute
- 36 minState: 28 min
- Work from home
- 32.3%
- Drive alone
- 61.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 94.9%
South Palm Beach vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| South Palm Beach | 1,576 | $91,750 | $415,900 | $1,868 |
| Lantana | 12,256 | $70,012 | $396,200 | $1,758 |
| Manalapan | 353 | $164,375 | $2,000,001 | $3,501 |
| Hypoluxo | 2,798 | $78,214 | $290,900 | $2,194 |
| San Castle | 3,052 | $57,228 | $303,900 | $1,596 |
| Lake Worth Beach | 43,365 | $61,200 | $401,200 | $1,545 |
| Seminole Manor | 2,678 | $66,154 | $296,100 | $1,799 |
| Atlantis | 2,038 | $116,715 | $630,500 | $1,784 |
| Ocean Ridge | 1,537 | $128,750 | $1,138,700 | $1,953 |
More for people moving to South Palm Beach
South Palm Beach ZIP code ›Weather and climate ›Living in South Palm Beach: FAQ
What is the median household income in South Palm Beach, FL?
The median household income in South Palm Beach is $91,750, 23% 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 South Palm Beach?
The median home value in South Palm Beach is $415,900, compared with $359,000 in Florida.
How much is rent in South Palm Beach?
The median gross rent in South Palm Beach is $1,868 per month, about 28.5% of household income.
Is South Palm Beach, FL a good place to live?
Pluses: median household income 23% higher than the Florida median; unemployment of 2.3%; a poverty rate of 12.3%. Minuses: home values 16% higher than the state median; an average commute of 36 minutes.
What is the median age in South Palm Beach?
The median age in South Palm Beach is 68.9 years (Florida: 42.6).
How long is the commute in South Palm Beach?
The average commute to work in South Palm Beach is 36 minutes; 32.3% of workers work from home.
What is the unemployment rate in South Palm Beach?
The unemployment rate in South Palm Beach is 2.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is South Palm Beach?
45.6% of adults in South Palm Beach 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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