Cost of Living in Royal Palm Beach, FL
Population: 39,089 • 2026 Data
$92,382
Median Household Income
+19% vs national
$2,192
Median Monthly Rent
+63% vs national
$389,300
Median Home Value
+15% vs national
4.2%
Unemployment Rate
Housing in Royal Palm Beach
The median home value in Royal Palm Beach, FL is $389,300. Monthly rent for a typical unit averages $2,192, while total monthly housing costs (including utilities and insurance) average $1,824.
Rent-to-income ratio: 28.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Royal Palm Beach, FL is $92,382. The unemployment rate stands at 4.2%, with a labor force of 21,303 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.