Cost of Living in Palm City, FL
Population: 25,699 • 2026 Data
$117,689
Median Household Income
+52% vs national
$1,965
Median Monthly Rent
+46% vs national
$532,100
Median Home Value
+57% vs national
5.9%
Unemployment Rate
Housing in Palm City
The median home value in Palm City, FL is $532,100. Monthly rent for a typical unit averages $1,965, while total monthly housing costs (including utilities and insurance) average $1,856.
Rent-to-income ratio: 20.0%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Palm City, FL is $117,689. The unemployment rate stands at 5.9%, with a labor force of 12,709 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.