Cost of Living in Palm River-Clair Mel, FL
Population: 26,719 • 2026 Data
$62,976
Median Household Income
-19% vs national
$1,439
Median Monthly Rent
+7% vs national
$244,100
Median Home Value
-28% vs national
4.4%
Unemployment Rate
Housing in Palm River-Clair Mel
The median home value in Palm River-Clair Mel, FL is $244,100. Monthly rent for a typical unit averages $1,439, while total monthly housing costs (including utilities and insurance) average $1,248.
Rent-to-income ratio: 27.4%. 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 River-Clair Mel, FL is $62,976. The unemployment rate stands at 4.4%, with a labor force of 13,925 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.