Living in West Palm Beach, Florida
Cost of living, income, home prices, rent and demographics of West Palm Beach · Census data 2020–2024
West Palm Beach has 122,290 residents with a median age of 41.1. The median household income is $73,446 (about the same as the Florida median), the median home value is $414,200, the median rent is $1,772/month.
West Palm Beach at a glance
- Population
- 122,290
- Median age
- 41.1State: 42.6
- Median household income
- $73,446State: $74,568
- Median home value
- $414,200State: $359,000
- Median rent
- $1,772/moState: $1,669
- Homeowners
- 50.5%
- Bachelor's degree or higher
- 39.2%
- Average commute
- 23 min
Is West Palm Beach a good place to live?
Pros: An average commute of 23 minutes.
Cons: Median household income about the same as the Florida median; home values 15% higher than the state median; unemployment of 5.1%; a poverty rate of 14.1%.
The weather is best in December to March.
Cost of living in West Palm Beach
Housing is the biggest part of the cost of living. In West Palm Beach the median home value is $414,200, 24% higher than the U.S. median. Renters pay a median of $1,772 per month, which is 34.8% of household income. Homeowners with a mortgage pay $2,326 a month in housing costs.
West Palm Beach median household income
The median household income in West Palm Beach is $73,446 and the income per person is $48,223. 14.1% of residents live below the poverty line (Florida: 12.6%).
Housing in West Palm Beach: homes for sale and rent
- Housing units
- 62,464
- Owner-occupied
- 50.5%
- Renter-occupied
- 49.5%
- Vacant
- 15.9%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 2.25
West Palm Beach demographics
- Population
- 122,290
- Median age
- 41.1
- Under 18
- 17.7%
- 65 and older
- 21.5%
- Households
- 52,522
- Foreign-born
- 28.2%
- Veterans
- 4.7%Adults 18+
Hispanic or Latino can be of any race. Population history of West Palm Beach ›
Education in West Palm Beach
39.2% of adults 25 and older in West Palm Beach have a bachelor's degree or higher (Florida: 34.1%), and 14.7% have a graduate or professional degree.
Jobs and commute in West Palm Beach
- Unemployment rate
- 5.1%State: 4.8%
- Average commute
- 23 minState: 28 min
- Work from home
- 13.3%
- Drive alone
- 70.3%
- Public transit
- 2.4%
- Walk to work
- 1.8%
- Homes with broadband
- 89.3%
West Palm Beach vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| West Palm Beach | 122,290 | $73,446 | $414,200 | $1,772 |
| Schall Circle | 467 | $45,500 | $286,800 | $2,051 |
| Mangonia Park | 2,384 | $60,781 | $338,100 | $1,723 |
| Stacey Street | 582 | $65,655 | — | $1,621 |
| Westgate | 8,151 | $51,604 | $251,300 | $1,421 |
| Haverhill | 2,823 | $79,787 | $424,500 | $1,734 |
| Lake Belvedere Estates | 2,672 | $76,036 | $382,300 | $2,105 |
| Riviera Beach | 38,657 | $68,060 | $354,500 | $1,702 |
| Royal Palm Estates | 1,369 | $60,532 | $331,600 | $1,736 |
More for people moving to West Palm Beach
West Palm Beach ZIP code ›Weather and climate ›Living in West Palm Beach: FAQ
What is the median household income in West Palm Beach, FL?
The median household income in West Palm Beach is $73,446, about the same as 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 West Palm Beach?
The median home value in West Palm Beach is $414,200, compared with $359,000 in Florida.
How much is rent in West Palm Beach?
The median gross rent in West Palm Beach is $1,772 per month, about 34.8% of household income.
Is West Palm Beach, FL a good place to live?
Pluses: an average commute of 23 minutes. Minuses: median household income about the same as the Florida median; home values 15% higher than the state median; unemployment of 5.1%; a poverty rate of 14.1%.
What is the median age in West Palm Beach?
The median age in West Palm Beach is 41.1 years (Florida: 42.6).
How long is the commute in West Palm Beach?
The average commute to work in West Palm Beach is 23 minutes; 13.3% of workers work from home.
What is the unemployment rate in West Palm Beach?
The unemployment rate in West Palm Beach is 5.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is West Palm Beach?
39.2% of adults in West 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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