Palm Coast, FL Profile: Facts & Data

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Palm Coast, Florida - Basic Facts

The City of Palm Coast had a population of 97,210 as of July 1, 2023.

The primary coordinate point for Palm Coast is located at latitude 29.585 and longitude -81.2078 in Flagler County. The formal boundaries for the City of Palm Coast encompass a land area of 94.86 sq. miles and a water area of 1.1 sq. miles. Flagler County is in the Eastern time zone (GMT -5).

The City of Palm Coast has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Palm Coast is located within Flagler Beach CCD of Flagler County.


Jump to... (On This Page!)
  1. Palm Coast 2023 Demographic Data
  2. Growth Rates for Palm Coast (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Florida Research Tools (Easy Tools & Current Data)
  3. Florida Data Comparison Tool - 2023 Demographics
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Palm Coast, FL Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 97,210 (100%)
Population in Households 96,762 (99.5%)
Population in Families 80,782 (83.1%)
Population in Group Quarters1 448 ( 0.5%)
Population Density 1,019
Diversity Index2 59
 
 

INCOME

Median Household Income $64,387
Average Household Income $91,983
% of Income for Mortgage4 27%
Per Capita Income $37,210
Wealth Index5 93
Socioeconomic Status Index6 Moderate (52.4)
 

HOUSING

Total HU (Housing Units) 42,582 (100%)
Owner Occupied HU 30,068 (70.6%)
Renter Occupied HU 9,247 (21.7%)
Vacant Housing Units 3,267 ( 7.7%)
Median Home Value $294,046
Average Home Value $333,659
Housing Affordability Index3 89
 

HOUSEHOLDS

Total Households 39,315
Average Household Size 2.46
Family Households 28,349
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 2.66% 1.91%
Households 2.50% 1.97%
Families   1.89%
Median Household Income   3.40%
Per Capita Income   3.28%
Owner Occupied HU   2.41%

Palm Coast, FL - Peer Comparisons by Rank and Percentile

The table below compares Palm Coast to the other 955 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 30 97th
Population Density # 609 36th
Median Household Income # 422 56th
Housing Affordability Index # 491 51st
Per Capita Income # 429 55th
Diversity Index # 447 53rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Florida Census Data Comparison Tool.

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