Palm Beach County
Florida · Pop. 1,516,752
Ranked #170 of 200 counties
26Crisis
Median Home Price
🏠$500K
6.2% YoY
Median Rent
🔑$2,100
Median Income
💰$65K
Rent Burden
📊36.5%
% of income to rent
Housing Shortage
🏗️38,000
estimated unit deficit
Building Permits (2024)
📋11,000
Price-to-Income Ratio
⚖️7.7x
Homeownership Rate
🏡65.8%
How Palm Beach County Compares
| Metric | Palm Beach County | Florida | National |
|---|---|---|---|
| Home Price | $500K | $381K | $410K |
| Rent | $2,100 | $1,719 | $1,500 |
| Income | $65K | $73K | $75K |
| Rent Burden | 36.5% | 37.8% | 30.0% |
| Homeownership | 65.8% | 68.0% | 65.0% |
Key Takeaways
- • Home prices are 22% above the national average.
- • Rent is 40% above the national average.
- • The county has an estimated housing shortage of 38,000 units.
- • 11,000 building permits were issued in 2024.
- • Year-over-year home prices changed by 6.2%.