Lake Park vs Palm Beach

A side-by-side comparison of Lake Park and Palm Beach: population, income, housing, and more.

Lake Park and Palm Beach are places in Florida. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Palm Beach has the higher population (9,234 vs 9,005 in Lake Park). Palm Beach has the higher median household income ($175,078 vs $69,274 in Lake Park). Palm Beach has the higher median home value ($1,996,700 vs $361,700 in Lake Park).

Population, income & housing

	Lake Park	Palm Beach
Population	9,005	9,234
Median age	35.5 yrs	69.7 yrs
Median household income	$69,274	$175,078
Median home value	$361,700	$1,996,700
Median gross rent	$1,396	$1,849
Housing units	3,642	10,450
Homeownership rate	49.5%	82.7%
Bachelor's degree or higher	31.9%	68.4%
Unemployment rate	8.0%	4.8%

Trends (ACS 5-year, 2019–2023)

	Lake Park	Palm Beach
Population	8,508 → 9,005 (+5.8%)	8,723 → 9,234 (+5.9%)
Median household income	$61,705 → $69,274 (+12.3%)	$141,348 → $175,078 (+23.9%)
Median home value	$201,400 → $361,700 (+79.6%)	$1,177,100 → $1,996,700 (+69.6%)
Median gross rent	$1,140 → $1,396 (+22.5%)	$1,744 → $1,849 (+6.0%)

Lake Park

Population

8,5089,005

Median household income

$61,705$69,274

Median home value

$201,400$361,700

Median gross rent

$1,140$1,396

Palm Beach

Population

8,7239,234

Median household income

$141,348$175,078

Median home value

$1,177,100$1,996,700

Median gross rent

$1,744$1,849

Age & race/ethnicity

Age distribution (share)

	Lake Park	Palm Beach
Under 5	5.4%	1.5%
5 to 17	17.7%	3.6%
18 to 24	7.2%	1.2%
25 to 34	18.8%	2.7%
35 to 44	14.3%	3.1%
45 to 54	13.5%	6.9%
55 to 64	8.3%	19.0%
65 to 74	8.3%	23.4%
75 and over	6.5%	38.7%

Race & ethnicity (share)

	Lake Park	Palm Beach
White (non-Hispanic)	24.3%	90.2%
Black or African American	56.5%	0.5%
American Indian & Alaska Native	0.0%	0.4%
Asian	0.5%	1.1%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	3.1%	0.0%
Two or more races	3.1%	1.9%
Hispanic or Latino	12.6%	6.0%

Educational attainment (age 25+)

Share of adults 25+

	Lake Park	Palm Beach
No high school diploma	16.2%	2.6%
High school graduate	30.1%	10.8%
Some college or associate's	21.9%	18.1%
Bachelor's degree	23.3%	33.0%
Graduate or professional degree	8.6%	35.5%

Commute to work

How workers get to work (share)

	Lake Park	Palm Beach
Drove alone	67.5%	44.8%
Carpooled	14.2%	1.1%
Public transit	2.2%	1.1%
Walked	2.6%	7.2%
Bicycle	0.0%	0.0%
Worked from home	12.4%	37.6%
Other means	1.1%	8.4%

Housing

Units in structure (share)

	Lake Park	Palm Beach
1-unit, detached	43.2%	26.3%
1-unit, attached	3.7%	1.8%
2 to 4 units	9.1%	4.5%
5 to 19 units	26.4%	7.0%
20 or more units	17.6%	60.4%
Mobile home & other	0.0%	0.1%

Poverty & households

	Lake Park	Palm Beach
Poverty rate	14.5%	6.5%
Average household size	2.81	1.69
Mean commute (minutes)	22	27
Median year structure built	1977	1971