Palm Beach is a town located in Palm Beach County, Florida, United States. It is situated on a barrier island in the Atlantic Ocean, separated from the mainland by the Intracoastal Waterway. The town is known for its affluent residents, upscale shopping and dining, luxurious resorts, and beautiful beaches.

Palm Beach has a population of around 9,000 people, according to the United States Census Bureau. The town is bordered by the Atlantic Ocean to the east, the Intracoastal Waterway to the west, West Palm Beach to the south, and Lake Worth to the north.

The town of Palm Beach is renowned for its opulent mansions, high-end shopping, and exclusive golf clubs. Some of the popular attractions in Palm Beach include Worth Avenue, which is known for its designer boutiques, and the Flagler Museum, which is housed in the former mansion of railroad tycoon Henry Flagler.

Palm Beach is also home to several upscale resorts, including The Breakers, which is a historic hotel built in the Italian Renaissance style, and The Four Seasons Resort Palm Beach, which features a spa, private beach, and oceanfront dining.

In addition to its luxurious amenities, Palm Beach is known for its beautiful beaches, which attract visitors and residents alike. Some of the popular beaches in Palm Beach include Palm Beach Municipal Beach, Midtown Beach, and Phipps Ocean Park Beach.

Population:

• Population (2023): 9,258
• Median age (2023): 69.7
• Residents under 18 (2023): 5.6%
• Residents over 65 (2023): 63.9%
• Married population (2023): 79%
• Population % by sex (2023): Male (46%), Female (54%)
• Population change (2010 -2020): Appx. 7% Increase
• Homeowners and renters (2023): Homeowners (83.8%), Renters (16.2%)
• Poverty rate compared to the US national average (2022): 5% vs the average of 11.5%

Demographics (2022):

• White Non Hispanic – 93%,
• Hispanic – 3%

*Prices shown are based only on activity for the dates specified

Income:

• Median household income (2022): $190,82
• Avg. per capita income (2022): $215,141

Tax:

• County property tax rate: 1.12 % of a property’s assessed fair market value (2023)
• Combined state and county sales tax rate: 7% (2023)

Cost of Living:

• Average cost of living compared to the US national average (2023): Significantly Higher
• Cost of housing compared to the Florida average (2023): Significantly Higher
• Cost of food compared to the US national average (2023): Slightly Higher
• Cost of healthcare compared to the US national average (2023): Lower
• Cost of utilities compared to the US national average (2023): Appx. same
• Cost of transportation compared to the US national average (2023): Appx. same

Political affiliation based on the 2024 election results ( Palm Beach County ):

• Democrat – 49.77%
• Republican – 49.01%
• Other – 1.22%

Top 3 highest rated school districts: Palm Beach County School District, Martin County School District, Indian River County School District

Largest 3 employers: Palm Beach County School District, Town of Palm Beach, Eau Palm Beach Resort & Spa

Coastal: Yes

Average low and high temperature: Low 20.8°C, High 25.5 °C

Fun facts: The coconut palm tree is not native to Florida. In 1878 a ship travelling from Havana to Spain with a cargo of coconuts got shipwrecked. The coconuts were salvaged and planted, where a lush grove of palm trees would later flourish and thus the city was named Palm Beach.

Location and Amenities:

 

Highways:

• Hwy I – 95: 7 min ( 3.1 miles )

Airports:

• Palm Beach International Airport: 11 min ( 4.5 miles )

Shopping:

• The Gardens Mall: 18 min ( 13.2 miles )
• Palm Beach Outlets: 10 min ( 4.5 miles )
• Sawgrass Mall ( Sunrise ): 55 min ( 53.5 miles )

Hospitals:

• Good Samaritan Medical Center Hospital ( recipient of the 2020 Labour and Delivery Excellence Award ): 6 min ( 2.2 miles )
• HCA Florida JFK North Hospital ( recipient of the 2023 Patient Safety Excellence Award ): 14 min ( 6.9 miles )

Universities and Colleges:

• Florida Atlantic University ( Boca Raton ): 28 min ( 25.5 miles )
• Keiser University ( Ft. Lauderdale ): 15 min ( 5.7 miles )

Major Cities:

• Miami is located 70 – 80 miles south.
• Fort Lauderdale is appx. 50 – 60 miles south
• Orlando is located appx. 150 – 170 miles northwest.

Short Term Rental Regulations:

** All short term rental operations in Florida must obtain a business licencse from the Florida Department of Business and Professional Regulation ( DBPR ) and a Florida Department of Revenue Certificate of Sales and Use. ** Short term rental regulations can be subject to change and should always be confirmed with city / towns or county departments.

*Restrictions:

• Rental periods of less than 180 consecutive nights is deemed to be a short term rental period in Palm Beach County
• Zoning restrictions may apply

For more information visit – townofpalmbeach.com