Palm City, FL
Real Estate & Demographic Data

Palm City profile

Living in Palm City

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 25,883 people and six constituent neighborhoods, Palm City is the 124th 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.

Also of interest is that Palm City has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 16.52% 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.

The education level of Palm City ranks among the highest in the nation. Of the 25-and-older adult population in Palm City, 46.53% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.

The per capita income in Palm City in 2018 was $56,570, which is wealthy relative to Florida and the nation. This equates to an annual income of $226,280 for a family of four.

Palm City is a somewhat ethnically-diverse town. 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 Irish, German, Italian, English, and Polish.

The most common language spoken in Palm City is English. Other important languages spoken here include Spanish and Tagalog.