Most Expensive Palm City Neighborhoods
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 87.47% 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 office and administrative support (12.73%), management occupations (11.87%) and sales jobs (11.85%).
A relatively large number of people in Palm City telecommute to their jobs. Overall, about 7.75% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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 very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Palm City really has some of the features that families look for when choosing a good community to raise children. Is Palm City perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
Palm City is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
Being a small town, Palm City does not have a public transit system used by locals to get to and from work.
The education level of Palm City ranks among the highest in the nation. Of the 25-and-older adult population in Palm City, 43.02% 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 2010 was $40,825, which is wealthy relative to Florida and the nation. This equates to an annual income of $163,300 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, Italian, Irish, English, Polish and French.
The most common language spoken in Palm City is English. Some people also speak Spanish.
|PALM CITY INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||9,371|
|PALM CITY HOME OWNERSHIP|
|% OWNER OCCUPIED||83.18%|
|% RENTER OCCUPIED||16.82%|
|TYPE OF PALM CITY HOMES|
|SINGLE FAMILY DETACHED||69.03%|
|ROWHOUSES AND ATTACHED HOMES||13.44%|
|SMALL APARTMENT BUILDINGS||6.37%|
|COMPLEXES OR HIGH RISE APARTMENTS||11.08%|
|SIZE OF PALM CITY HOMES|
|5 OR MORE BEDROOMS||4.87%|
|AGE OF PALM CITY HOMES|
|NEWER HOMES (2000 OR LATER)||17.54%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||78.00%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||3.89%|
|HISTORIC (1939 OR BEFORE)||0.58%|
|PALM CITY REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$403,461|
|MEDIAN RENTAL PRICE||$1,712|
|HOME VALUE RANGE|
|$0 - $76,000||2.06%|
|$76,001 - $151,000||5.97%|
|$151,001 - $303,000||28.30%|
|$303,001 - $454,000||23.29%|
|$454,001 - $605,000||17.70%|
|$605,001 - $756,000||10.36%|
|$756,001 - $1,135,000||8.28%|
|$1,135,001 - $1,513,000||1.93%|
|PEOPLE OF PALM CITY||DETAILS|
|UNDER 5 YEARS||3.09%|
|5 TO 17||15.85%|
|18 TO 24||6.34%|
|25 TO 34||4.48%|
|35 TO 54||27.56%|
|55 TO 64||14.75%|
|65 YEARS AND OVER||27.93%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||94.96%|
|MEDIAN HOUSEHOLD INCOME||$74,699|
|PER CAPITA INCOME||$40,825|
|INDIVIDUALS BELOW POVERTY LEVEL||4.29%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (20.68%)
Professional, scientific, and technical services (8.15%)
Public Service (4.88%)
Real estate (3.26%)
|BLACK OR AFRICAN AMERICAN||0.65%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.12%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||0.36%|
|TWO OR MORE RACES||2.03%|
|HISPANIC OR LATINO (OF ANY RACE)||5.29%|
|ETHNICITIES PRESENT||German (18.74%)
|LANGUAGES SPOKEN||English (91.87%)
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