Cost of Living in Palm City, Florida
Palm City has a population of about 26,371. The median household income is $125,820, median gross rent is $2,013/month, and the median home value is $563,400. These figures come from 2020-2024 ACS 5-Year estimates, the latest full-coverage Census baseline for U.S. cities.
How current is this? Census city data is released with a lag because it is survey-based and designed for consistent coverage across small and large places. Use it as an official affordability baseline; current apartment listings and mortgage rates may differ.
Is Palm City expensive to live in?
Compared with the national median in this dataset, rent in Palm City is 22% above the national median and home values are 50% above the national median. Household income here is 50% above the national median. Monthly rent represents roughly 19% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Palm City?
The median gross rent in Palm City, Florida is $2,013 per month in the 2020-2024 ACS 5-Year estimates.
What is the median home price in Palm City?
The median owner-occupied home value in Palm City is $563,400 in the 2020-2024 ACS 5-Year estimates.
How much do people earn in Palm City?
The median household income in Palm City is $125,820 per year in the 2020-2024 ACS 5-Year estimates.
Data source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database last refreshed 2026-07-11.