Palm beach County, Florida
Palm Beach County
Palm Beach County is part of the southeast Florida region along with Indian River, St. Lucie, Martin, Miami-Dade, Broward, and Monroe counties. Palm Beach County has 38 cities, towns and villages in total. West Palm Beach is the county's largest city and acts as the county seat. Palm Beach has a population over 1.3 million.
Palm Beach County has many wealthy towns such as Palm Beach, Boca Raton, and Jupiter, as well as a large equestrian population making it one of Florida's wealthiest counties. As a result, real estate prices are comparatively higher in Palm Beach County than most other counties in Florida.
Palm Beach County's major private sector employers are Tenet Healthcare Corporation, Hospital Corporation of America, Florida Power & Light, The Breakers, and Office Depot. Top public sector employers are Palm Beach County School Board, Palm Beach County, Florida Atlantic University, and Boca Raton Community Hospital. Palm Beach County considers agribusiness; aviation, aerospace, and engineering; equestrian; healthcare; green energy; and corporate headquarters to be among its main industries.
Boca Raton is in southern Palm Beach County and is known as the birthplace of the IBM personal computer. It still hosts a large research park focused on technological innovation. The city hosts the headquarters for Office Depot and GEO Group. Florida Atlantic University and Lynn University are both located in Boca Raton.

Palm Beach County Florida Cities
There are 16 cities in Palm Beach County Florida. These are listed below. Click on a link for details.
Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Delray Beach, Jupiter, Lake Harbor, Lake Worth, Loxahatchee, North Palm Beach, Pahokee, Palm Beach, Palm Beach Gardens, South Bay, West Palm Beach,
Palm Beach County has a population of approximately 1,356,545 people. The population increased 2.8% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida and a 1.7% increase for the country as a whole. Palm Beach County is 1969.76 square miles and had a population density of 670.2 Persons per square mile in 2010. This compared to 350.6 for Florida and 87.4 for the country.
There are 668,159 housing units in Palm Beach County (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Palm Beach County has a 72.6% homeownership rate compared to Florida's rate of 69.0%. Palm Beach County's medium household income in 2011 was $52,951, which is higher than the medium income for Florida as a whole: $47,827.
Region | Population 2012 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
United States | 313,914,040 | $14,025,202 | 1.7% | $52,762 | 132,312,404 | $186,200 |
Florida | 19,317,568 | $630,738 | 2.7% | $47,827 | 9,026,965 | $188,600 |
Palm Beach County | 1,356,545 | $38,668 | 2.8% | $52,951 | 668,159 | $236,600 |
13.3% of the population in Palm Beach County lives below the poverty line, compared to 14.7% in Florida and 14.3% nationwide. Additional Information:
- Palm Beach County Census Data
- University of Florida Bureau of Economic and Business Research - Palm Beach County
Palm Beach County Economic Activity
The U.S. Bureau of the Census, Economic , 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Palm Beach County. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.
At $38,668 million, Palm Beach County's economic activity represents 6.13% of the Florida economy.
Activity | Value (Millions) | Percentage |
---|---|---|
Manufacturers shipments | $4,241 | 11.0% |
Merchant wholesaler sales | $12,018 | 31.1% |
Retail sales | $19,322 | 50.0% |
Accommodation and food services sales | $3,089 | 8.0% |
Total | $38,668 | 100% |
Palm Beach County Regional Comparisons
Palm Beach County is located in Southeast Florida. This region is responsible for 37.7% of Florida's economic activity. Palm Beach County represents 16.3% of the region's economy.
Region | Population 2012 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
Indian River County | 140,567 | $2,455 | 1.8% | $46,363 | 76,251 | $179,300 |
St. Lucie County | 283,866 | $5,576 | 2.2% | $44,947 | 137,581 | $157,600 |
Martin County | 148,817 | $4,347 | 1.7% | $53,612 | 78,356 | $238,200 |
Palm Beach County | 1,356,545 | $38,668 | 2.8% | $52,951 | 668,159 | $236,600 |
Broward County | 1,815,137 | $73,668 | 3.8% | $51,782 | 810,795 | $225,300 |
Miami-Dade County | 2,591,035 | $110,643 | 3.8% | $43,957 | 990,558 | $246,800 |
Monroe County | 74,809 | $2,136 | 2.4% | $53,889 | 52,552 | $463,100 |
Total | 6,410,776 | $237,494 | 2.6% | $49,643 | 2,814,252 | $249,557 |
Palm Beach Real Estate
There are 456,231 properties in Palm Beach County. The following table shows a summary of them based on 2013 sales data.
Usage Type | Property Count | % | Sales Count | Median Price | Median Price/Ft | Sales From | To |
---|---|---|---|---|---|---|---|
Commercial Property | 0 | 0.00 | 271 | $837,500 | $151 | January 1st, 2013 | September 1st, 2013 |
Government Property | 2,642 | 0.58 | 2 | $84,000 | $96 | January 1st, 2013 | January 1st, 2013 |
Miscellaneous Property | 352 | 0.08 | 1 | $2,000,100 | $36 | April 1st, 2013 | April 1st, 2013 |
Residential Property | 0 | 0.00 | 22,884 | $155,000 | $85 | January 1st, 2013 | September 1st, 2013 |
Commercial Real Estate in Palm Beach County, Florida
0( .00%) of the properties in Palm Beach County are classified as Commercial. 271 of them sold between January 1st, 2013 and September 1st, 2013. The total value of these sales was $672,220,460. The median sales price was $837,500. In 2013 the median sales price for A Class Commercial Property in Palm Beach County was $768 per sq ft, B Class properties sold for $151/ft and C Class $58/ft.
Government Real Estate in Palm Beach County, Florida
2,642( .58%) of the properties in Palm Beach County are classified as Government. 2 of them sold between January 1st, 2013 and January 1st, 2013. The total value of these sales was $168,000. The median sales price was $84,000. In 2013 the median sales price for Government Property in Palm Beach County was $96 per sq ft.
Miscellaneous Real Estate in Palm Beach County, Florida
352( .08%) of the properties in Palm Beach County are classified as Miscellaneous. 1 of them sold between April 1st, 2013 and April 1st, 2013. The total value of these sales was $2,000,100. The median sales price was $2,000,100. In 2013 the median sales price for Miscellaneous Property in Palm Beach County was $36 per sq ft.
Residential Real Estate in Palm Beach County, Florida
0( .00%) of the properties in Palm Beach County are classified as Residential. 22,884 of them sold between January 1st, 2013 and September 1st, 2013. The total value of these sales was $9,680,224,995. The median sales price was $155,000. In 2013 the median sales price for A Class Residential Property in Palm Beach County was $161 per sq ft, B Class properties sold for $85/ft and C Class $37/ft.
Additional Details:
Palm Beach Market Data
Property Usage | Property Count | Total Sq Ft |
---|---|---|
Agricultural | 2,897 | 15,352,142 |
Government Property | 2,471 | 60,716,831 |
Health Care | 145 | 11,126,520 |
Hotel & Motel | 420 | 11,615,345 |
Industrial | 4,885 | 55,922,084 |
Land | 15,876 | 3,982,153 |
Miscellaneous Property | 349 | 5,145,941 |
Mobile/Manufactured | 3,587 | 3,529,791 |
Multifamily | 11,089 | 83,465,686 |
Office | 5,349 | 47,483,912 |
Residential | 555,473 | 1,075,242,818 |
Retail | 6,313 | 81,650,430 |
Senior Housing | 49 | 9,917,314 |
Special Purpose | 2,131 | 21,620,505 |
Sports & Entertaining | 435 | 7,780,186 |
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