Palm
Palm City, Florida
Alright, let me paint you a picture of Palm, Florida, a gem nestled along the Sunshine State's coast. Imagine a place where the median home value comes in at a comfortable $261,000, significantly below the national average, making homeownership a realistic goal for many. With a median household income of nearly $80,000, residents enjoy a solid financial footing, allowing for a relaxed lifestyle. The atmosphere here is undeniably family-friendly, a place where neighbors know each other and community events are a regular occurrence. With a walk score of 58, you can easily stroll to local shops and parks, contributing to that laid-back, coastal vibe.
From an investment standpoint, Palm offers a compelling proposition. The high homeownership rate of 76% speaks volumes about the community's stability and desirability. The local unemployment rate of 4.7% suggests a stable job market, and a low poverty rate of 3.6% further enhances the sense of security. The area is also quite safe, with a violent crime rate of 3.8 per 1,000 residents and a property crime rate of 21.5 per 1,000 residents. This combination of affordability, safety, and a strong sense of community makes Palm an ideal choice for families, retirees, and anyone seeking a balanced, fulfilling lifestyle.
Beyond the financial and social aspects, Palm boasts a high quality of life. The air quality is excellent, with an AQI of 36, and the noise level is remarkably quiet, allowing you to truly unwind. While the climate risk is relatively high, the area's natural beauty and access to the outdoors more than compensate. The affordability index of 110 suggests that housing costs are manageable relative to income, and with an electricity rate of just 10.4¢/kWh, you can enjoy all the comforts of home without breaking the bank.
Palm, Florida at a Glance
Palm is a city in Palm City, Florida with a population of approximately 5,809. The median home value is $261,000 and the median household income is $79,844. It has a Walk Score of 58 out of 100, making it somewhat walkable. The violent crime rate is 2.1 per 1,000 residents, which is 42% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively High." Median rent is $1,545 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$261,000
Median Income
$79,844
Population
5,809
Walk Score
58
Air Quality
AQI 36
Good
Climate Risk
Relatively High
Good
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- Population
- 5,809
- Median Age
- N/A
- Median Household Income
- $79,844
7% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 3.6%
71% below nat'l avg
- Median Home Value
- $261,000
7% below nat'l avg
- Median Rent
- $1,545
33% above nat'l avg
- Homeownership Rate
- 76.0%
15% above nat'l avg
- Affordability Index
- 110
10% above nat'l avg
- Violent Crime Rate
- 2.1 per 1K
42% below nat'l avg
- Property Crime Rate
- 9.6 per 1K
49% below nat'l avg
- AQI
- 36
14% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively High
- Risk Score
- 93.12
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 10.4¢/kWh
37% below nat'l avg
- Est. Monthly Electric
- $94
31% below nat'l avg
- Total Schools
- 26
- Elementary
- 8
- Middle
- 4
- High School
- 7
- Avg. Enrollment
- 494
Nearby Schools
- Unemployment Rate
- 4.7%
27% above nat'l avg
- Poverty Rate
- 3.6%
71% below nat'l avg
Weather & Climate in Palm
Avg High
82°F
Avg Low
69°F
Annual Rainfall
53.1"
Avg Humidity
76%
Political Landscape
↗ Trending more Republican
Based on Martin County county-level presidential election data
Culture & Things to Do in Palm
SunFest
Annual music festival held on the waterfront.
Palm Beach International Boat Show
A large boat show held annually in the spring.
South Florida Fair
An annual fair with rides, food, and entertainment.
Delray Affair
A large art and craft festival in Delray Beach.
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