Palm City is a medium-sized coastal town (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 24,266 people and five constituent neighborhoods, Palm City is the 115th largest community in Florida.
Palm City home prices are not only among the most expensive in Florida, but Palm City real estate also consistently ranks among the most expensive in America.
Palm City is a decidedly white-collar town, with fully 89.41% of the workforce employed in white-collar jobs, well above the national average. Overall, Palm City is a town of professionals, sales and office workers, and managers. There are especially a lot of people living in Palm City who work in sales jobs (15.48%), management occupations (12.83%), and office and administrative support (10.11%).
One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.05% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Palm City is a great place for families with children to consider. First of all, many other families with children live here, making Palm City a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Palm City has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Palm City’s overall crime rate is lower than average for the country.
One of the nice things about Palm City is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
Palm City is one of the most well-educated cities in the nation. 46.11% of adults in Palm City have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Palm City in 2018 was $52,259, which is wealthy relative to Florida and the nation. This equates to an annual income of $209,036 for a family of four.
The people who call Palm City home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Palm City residents report their race to be White, followed by Asian. Important ancestries of people in Palm City include German, Irish, English, Italian, and Polish.
The most common language spoken in Palm City is English. Other important languages spoken here include Spanish and Chinese.