Palm City

Population: 25,699
Median household income: $117,689
Median home value: $532,100

Palm City, a community in Martin County, Florida, has 25,699 residents. Its median household income of $117,689 runs above the Martin County figure of $80,701.

From 2019 to 2023, Palm City's population grew 3.5% from 24,840 to 25,699, while its median home value rose 51.6% from $350,900 to $532,100.

5.1% of residents live below the poverty line. Households average 2.50 people.

Demographics

ACS 2019–2023

Population: 25,699
Median age: 50.2 yrs
Median household income: $117,689
Median home value: $532,100
Median gross rent: $1,965
Housing units: 11,524
Homeownership rate: 88.7%
Bachelor's degree or higher: 47.9%
Unemployment rate: 5.9%

Trends

ACS 5-year · 2019–2023

Population

24,84025,699

Median household income

$84,711$117,689

Median home value

$350,900$532,100

Median gross rent

$1,614$1,965

Year	Population	Median household income	Median home value	Median gross rent
2019	24,840	$84,711	$350,900	$1,614
2020	25,038	$100,272	$391,700	$1,740
2021	25,486	$101,589	$417,000	$1,728
2022	25,957	$111,394	$496,100	$1,777
2023	25,699	$117,689	$532,100	$1,965

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 53.3%

5 to 1715.7%

18 to 246.4%

25 to 344.9%

35 to 4412.5%

45 to 5413.8%

55 to 6414.6%

65 to 7412.7%

75 and over16.0%

	Count	Share
Under 5	837	3.3%
5 to 17	4,030	15.7%
18 to 24	1,652	6.4%
25 to 34	1,271	4.9%
35 to 44	3,213	12.5%
45 to 54	3,538	13.8%
55 to 64	3,763	14.6%
65 to 74	3,276	12.7%
75 and over	4,119	16.0%

Race & ethnicity

	Count	Share
White (non-Hispanic)	21,337	83.0%
Black or African American	158	0.6%
American Indian & Alaska Native	0	0.0%
Asian	647	2.5%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	146	0.6%
Two or more races	915	3.6%
Hispanic or Latino (any race)	2,496	9.7%

Educational attainment (age 25+)

No high school diploma3.0%

High school graduate17.0%

Some college or associate's32.1%

Bachelor's degree30.2%

Graduate or professional degree17.7%

	Count	Share
No high school diploma	576	3.0%
High school graduate	3,264	17.0%
Some college or associate's	6,151	32.1%
Bachelor's degree	5,796	30.2%
Graduate or professional degree	3,393	17.7%

Commute to work

Mean travel time to work: 29 min

Drove alone72.6%

Carpooled5.7%

Public transit0.3%

Walked0.5%

Bicycle0.0%

Worked from home20.0%

Other means0.8%

How workers get to work

	Count	Share
Drove alone	8,443	72.6%
Carpooled	663	5.7%
Public transit	33	0.3%
Walked	57	0.5%
Bicycle	0	0.0%
Worked from home	2,330	20.0%
Other means	98	0.8%

Travel time

	Count	Share
Under 15 min	2,049	22.0%
15 to 29 min	2,912	31.3%
30 to 44 min	2,279	24.5%
45 to 59 min	1,192	12.8%
60+ min	862	9.3%

Households

Average household size: 2.50
Poverty rate: 5.1% (1,297 of 25,491)

	Count	Share
Family households	7,501	73.6%
Nonfamily households	2,696	26.4%

Housing

Median year structure built: 1993

Occupancy

	Count	Share
Occupied	10,197	88.5%
Vacant	1,327	11.5%

Tenure (of occupied units)

	Count	Share
Owner-occupied	9,047	88.7%
Renter-occupied	1,150	11.3%

1-unit, detached73.4%

1-unit, attached12.3%

2 to 4 units5.5%

5 to 19 units6.1%

20 or more units2.5%

Mobile home & other0.1%

Units in structure

	Count	Share
1-unit, detached	8,464	73.4%
1-unit, attached	1,419	12.3%
2 to 4 units	639	5.5%
5 to 19 units	701	6.1%
20 or more units	293	2.5%
Mobile home & other	8	0.1%

Geography

Place GEOID: 1254175
Type (LSAD): 57
Land area: 14 sq mi
Water area: 2.52 sq mi
Center point: 27.1778, -80.2855