South Palm Beach is a very small coastal town (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 1,409 people and two constituent neighborhoods, South Palm Beach is the 403rd largest community in Florida.
South Palm Beach home prices are not only among the most expensive in Florida, but South Palm Beach real estate also consistently ranks among the most expensive in America.
South Palm Beach is a decidedly white-collar town, with fully 91.94% of the workforce employed in white-collar jobs, well above the national average. Overall, South Palm Beach is a town of managers, sales and office workers and professionals. There are especially a lot of people living in South Palm Beach who work in sales jobs (19.12%), business and financial occupations (15.67%) and management occupations (15.21%).
Of important note, South Palm Beach is also a town of artists. South Palm Beach has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape South Palm Beach’s character.
Telecommuters are a relatively large percentage of the workforce: 10.00% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.
Another notable thing is that South Palm Beach is an extremely popular vacation destination. A significant portion of the population is seasonal. During the vacation season, the town experiences a large influx of people who take up residence in second homes they own in the area. As the vacation season ends, the population drops again, leaving behind a substantially quieter and smaller town.
South Palm Beach 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.
South Palm Beach is one of the most well-educated cities in the nation. 45.51% of adults in South Palm Beach 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 South Palm Beach in 2010 was $48,781, which is wealthy relative to Florida and the nation. This equates to an annual income of $195,124 for a family of four. However, South Palm Beach contains both very wealthy and poor people as well.
The people who call South Palm Beach home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of South Palm Beach residents report their race to be White, followed by Asian. Important ancestries of people in South Palm Beach include Italian, German, Irish, Polish, Russian and English.
Foreign born people are also an important part of South Palm Beach's cultural character, accounting for 17.62% of the town’s population.
The most common language spoken in South Palm Beach is English. Other important languages spoken here include Spanish and German.
|SOUTH PALM BEACH INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||775|
|SOUTH PALM BEACH HOME OWNERSHIP|
|% OWNER OCCUPIED||76.65%|
|% RENTER OCCUPIED||23.36%|
|TYPE OF SOUTH PALM BEACH HOMES|
|SINGLE FAMILY DETACHED||0.12%|
|ROWHOUSES AND ATTACHED HOMES||1.12%|
|SMALL APARTMENT BUILDINGS||0.41%|
|COMPLEXES OR HIGH RISE APARTMENTS||98.35%|
|SIZE OF SOUTH PALM BEACH HOMES|
|5 OR MORE BEDROOMS||0.00%|
|AGE OF SOUTH PALM BEACH HOMES|
|NEWER HOMES (2000 OR LATER)||0.18%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||82.04%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||17.20%|
|HISTORIC (1939 OR BEFORE)||0.59%|
|SOUTH PALM BEACH REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$520,962|
|MEDIAN RENTAL PRICE||$2,066|
|HOME VALUE RANGE|
|$0 - $74,000||3.20%|
|$74,001 - $147,000||9.09%|
|$147,001 - $295,000||38.05%|
|$295,001 - $442,000||27.27%|
|$442,001 - $589,000||9.43%|
|$589,001 - $736,000||5.72%|
|$736,001 - $1,104,000||2.36%|
|$1,104,001 - $1,473,000||2.19%|
|PEOPLE OF SOUTH PALM BEACH||DETAILS|
|UNDER 5 YEARS||2.11%|
|5 TO 17||1.64%|
|18 TO 24||2.11%|
|25 TO 34||3.21%|
|35 TO 54||18.09%|
|55 TO 64||11.75%|
|65 YEARS AND OVER||61.08%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||97.67%|
|MEDIAN HOUSEHOLD INCOME||$50,972|
|PER CAPITA INCOME||$48,781|
|INDIVIDUALS BELOW POVERTY LEVEL||11.01%|
|INDUSTRIES PEOPLE WORK IN||Retail (13.36%)
Professional, scientific, and technical services (12.67%)
Real estate (8.76%)
|BLACK OR AFRICAN AMERICAN||0.94%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.00%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||0.00%|
|TWO OR MORE RACES||0.63%|
|HISPANIC OR LATINO (OF ANY RACE)||4.39%|
|ETHNICITIES PRESENT||Italian (13.86%)
|LANGUAGES SPOKEN||English (86.00%)
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