Located in the eastern-central part of Palm Beach County on an island is the gorgeous city of Palm Beach. Palm Beach got its start from Henry Flagler, who was a Standard Oil tycoon. When Henry first came to Palm Beach, he described the area as a “veritable paradise” and then decided to build a hotel there. Ever since then, people were attracted to the city and the economy began to flourish. Palm Beach is known for its stunning beaches and unique boutiques, and is a tourist’s dream and home to many. Considered to be a Fort Lauderdale suburb, those living in Palm Beach are surrounded by parks, restaurants, and bars they can enjoy. Palm Beach’s culture gives its people an urban feel, which is why so many people travel there for both the city life and the beaches. With a peaceful atmosphere and low crime rates, many retirees choose to live here for the safety and slower pace of life Palm Beach offers.
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Palm Beach, FL Population & Demographics
Palm Beach has a small population of 8,593 people with a steady population growth of 1.08%. The racial demographics in Palm Beach are 92.5% White, 2.73% Hispanic, 1.5% Asian, 1.4% African American, and 1.21% other races. Women make up 57.3% of the population and men make up 43.7%. The median salary in Palm Beach is $110,961, which is almost double the national average. The median age in Palm Beach is 68.5, so there are many retirees residing there. Many people are also attracted to Palm Beach for their low crime rates since the city gets about 51% less crime than the US average, making it a safe place to live.
Those migrating to Palm Beach will be located in Palm Beach County. Palm Beach’s area code is 561. The zip code for Palm Beach is 33480.
Forbes reported that no less than 30 billionaires live in Palm Beach and it’s the 27th wealthiest place in the US. Notable residents have included Donald Trump (Mar-a-Lago) and John F. Kennedy.
Palm Beach Cost of Living
Living in Palm Beach isn’t the cheapest, however, it isn’t the most expensive place to reside either. Palm Beach is only 12% more expensive than the national average. The costs of transportation and housing is the main reason Palm Beach is a little more pricey. The average price of a home in Palm Beach is $3.3 million or $938 per square foot. Even though houses in Palm Beach can be expensive, the housing market is not very competitive. Most homes stay on the market for about 157 days and sell around 4% of their original listed price. Now is the best time to buy one of the many Palm Beach, FL homes for sale since you can typically bargain for a better price. While the homeownership rate in Palm Beach is 87.2%, there are still people looking to rent in the area. Palm Beach’s average rent is $6,619 a month. The rent trends in Palm Beach are somewhat increased 74% from last year. For other common items, you can anticipate to pay around these prices:
Palm Beach Cost of Items (Everyday Expenses)
- Meal at a restaurant: $15.00
- Fast food meal: $9.00
- Gallon of milk: $3.51
- Dozen eggs: $2.98
- Pound of chicken: $3.72
- Gallon of gas: $2.49
- Basic utilities: $174.37
Palm Beach, FL Neighborhoods
Since Palm Beach is a smaller populated town, there are less neighborhoods to choose from, however they’re all very nice communities. The most popular neighborhoods in Palm Beach are Palm Beach Hampton, Palm Beach Shores, and Palm Beach Harbour Club. Palm Beach Hampton is one of the more expensive neighborhoods since it is right by the beach. With breathtaking views of the ocean and the beautiful palm trees, residents love the beautiful and peaceful atmosphere this neighborhood offers. Palm Beach Shores features midsize homes that are convenient for small families and retirees. Residents have quick access to the beach and also have a nice community clubhouse they can attend. Palm Beach Harbour Club is one of the more affordable places to live since the neighborhood offers mainly small homes. Many retirees end up here due to the small houses and calm nightlife.
Palm Beach, FL Weather
While Palm Beach is known for its summer’s storms, residents still love the nice winters the town provides. Palm Beach’s summers are hot and wet with highs of 89°F and lows of 77°F. Meanwhile, winters in Palm Beach are comfortable and cloudy with an average high temperature of 74°F and a low temperature of 59°F. Since Palm Beach has a tropical climate, the town gets a good amount of rain with an average of 61 inches of rainfall per year. Palm Beach’s climate does have a hurricane season through June to November, however the rest of the months provide pleasant weather for its residents.
Things to Do in Palm Beach Raton, FL
There are an abundance of fun activities to do in Palm Beach. Whether you’re looking somewhere to take the kids or wanting to find new stores to shop, we’ve got your back! Check out the best things to do in Palm Beach below.
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Ready to check out a beautiful mansion with 75 rooms? This museum was owned by millionaire Henry Morrison, and the whole house is over 100,000 square feet! With history of Palm Beach and fun tours throughout the home, this is a great educational experience and a top-rated thing to do in Palm Beach with kids.
Public Beach Access
Get ready to snorkel and play in the sand! This is one of the most beautiful beaches in the area, and people come here from all over the place. It does get crowded with tourists occasionally, but the views, water, and atmosphere are worth fighting the tourists for it! If you want a fun thing to do with kids in Palm Beach, this is it.
Palm Beach also provides convenient shopping areas like The Royal Poinciana Plaza and Palm Beach Shopping Mall.
Additional Palm Beach Things To Do
- Giant Kapok Tree
- St. Edward Roman Catholic Church
- The Church Of Bethesda-By-The-Sea
- The Palm Beach Lake Trail
Palm Beach Raton Restaurants
Wondering where to grab a tasty bite to eat? No worries, we’ve found the best restaurants in Palm Beach Raton for you to try down below.
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This local Palm Beach Raton cafe offers their customers global small plates and delicious drinks mixed in house. With hundreds of positive reviews on Google alone, this Palm Beach restaurant is one that you have to try!
350 S County Rd, Palm Beach, FL 33480, (561) 833-3450
If you’re looking for the best seafood and wine, look no further than this Palm Beach restaurant! With over 500 positive reviews on Google alone, this is the place to go for a date night in Palm Beach. They catch their seafood fresh daily, so their menu changes each day.
1 S County Rd, Palm Beach, FL 33480, (877) 724-3188
Jobs in Palm Beach, FL
With a steady growth rate of 1.14%, Palm Beach has 2,829 employees.The median salary in Palm Beach is $110,961. Most jobs in Palm Beach are found within professional and technical services, retail, finance, and insurance. You can find Indeed jobs in Palm Beach here. Most people in Palm Beach have a short commute of an average of 15.3 minutes, which is much shorter than the national average. However, some residents have to travel to bigger cities like Fort Lauderdale for their job. You can get directions from Palm Beach, FL to Fort Lauderdale, FL here, which is 50 minutes away.
Schools in Palm Beach, FL
Many people are compelled to relocate to Palm Beach for their amazing schools. The most popular schools in Palm Beach are Palm Beach Public School, Wynnebrook Elementary School, Western Pines Community Middle School, and Suncoast Community High School. All of these schools are rated 8 or higher on Great Schools with each school offering different benefits including high test schools, diverse students, and good student preparedness and progress. Palm Beach also offers great private schools like The Green School, Palm Beach Day Academy, and KinderCare Learning Center.
Living in Palm Beach Pros & Cons
- Palm Beach is fairly affordable – except the housing!
- There are low crime rates in the city
- There is a hurricane season residents have to experience each year
Ready to call Palm Beach your new home? If so, allow our top-rated Palm Beach moving company, Meehan’s Family Moving, to help pack up your belongings and transport everything to your new property. Contact our hardworking Palm Beach movers to lift the burden of moving off of you!