Palm City, Florida Demographics & Population 2026
During the 2020–2024 ACS period, Palm City, Florida had a total population of 26,371, the 163rd largest community in Florida, with a median household income of $125,820, which is 69% higher than the state average. The poverty rate is 5.6%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 69% above the state average — one of the wealthiest communities in Florida.
Palm City Quick Facts
How Palm City Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 25,699 | 26,371 | +2.6% |
| Median household income | $117,689 | $125,820 | +6.9% |
| Median home value | $532,100 | $563,400 | +5.9% |
How Palm City Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 65 | National average: 61
Education
Educational Attainment (Adults 25+)
Palm City Rankings in Florida
Explore Florida Rankings
Other Cities in Martin County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Stuart | 18,520 | $60,225 | 17.3% | $329,400 |
| Hobe Sound | 13,817 | $63,484 | 15.7% | $394,700 |
| Jensen Beach | 12,531 | $70,884 | 16.7% | $411,700 |
| Port Salerno | 11,184 | $67,436 | 7.1% | $352,600 |
| Indiantown | 6,695 | $55,520 | 23.3% | $204,900 |
| North River Shores | 3,633 | $75,896 | 13.2% | $309,800 |
| Sewall's Point | 1,938 | $129,000 | 2.5% | $1,502,200 |
| Rio | 1,232 | $91,953 | 13.6% | $303,800 |
| Jupiter Island | 845 | $219,722 | 20.7% | $2,000,000+ |
| Ocean Breeze | 777 | $95,833 | 3.2% | $302,600 |
Cities Similar to Palm City
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Fish Hawk | 26,186 | $135,271 | $561,000 | 55.0% | 7.2% |
| World Golf Village | 26,077 | $117,212 | $477,000 | 48.9% | 5.3% |
| Lutz | 27,106 | $120,031 | $486,500 | 49.6% | 6.1% |
| Westchase | 24,885 | $124,434 | $559,500 | 64.4% | 5.3% |
| Nocatee | 27,442 | $141,868 | $648,800 | 71.8% | 6.2% |
Population Overview
Palm City is a mid-sized community located in Florida, within Martin County. The total population is 26,371. It ranks as the 163rd most populous out of 955 Census-designated places in Florida.
Age Demographics
The median age in Palm City is 52.1 years. This is 22% higher than the state median of 42.6 years. 15.7% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Palm City is $125,820. This is 69% higher than the state median of $74,568. It is also 56% higher than the national median of $80,734. The poverty rate stands at 5.6%. This is 56% lower than the state poverty rate of 12.6%. The unemployment rate is 4.9%. The median home value is $563,400. Housing costs are 57% higher than the state median of $359,000. The home-value-to-income ratio is 4.5x. 89.7% of occupied housing units are owner-occupied. This homeownership rate is 33% higher than the state average of 67.6%.
Race & Ethnicity
The largest racial or ethnic group in Palm City is White (non-Hispanic), making up 82.3% of the population. Hispanic or Latino residents account for 10.8%. The White (non-Hispanic) population is significantly higher than the state average (82.3% vs 50.4%). The Black or African American population (0.7%) is well below the state average of 14.6%. The Hispanic or Latino population (10.8%) is well below the state average of 27.4%.
Education
47.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 39% higher than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.1%. Notably, 18.8% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Palm City, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Palm City, Florida?
Palm City, Florida has a population of 26,371 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Palm City, FL?
The median household income in Palm City is $125,820, which is 56% higher than the national median of $80,734.
What is the poverty rate in Palm City, FL?
The poverty rate in Palm City is 5.6%. This means approximately 1,458 residents live below the federal poverty line.
What is the racial makeup of Palm City, Florida?
Palm City's population is 82.3% White, 0.7% Black, 10.8% Hispanic/Latino, and 2.0% Asian.
What is the median home value in Palm City, FL?
The median home value in Palm City is $563,400. The home-value-to-income ratio is 4.5x.
How educated is Palm City, Florida?
47.6% of adults (25+) in Palm City hold a bachelor's degree or higher, and 18.8% hold a graduate or professional degree.