West Palm Beach, FL Profile: Facts & Data

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West Palm Beach, Florida - Basic Facts

The City of West Palm Beach had a population of 123,403 as of July 1, 2024. West Palm Beach ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Florida. See peer rankings below.

The primary coordinate point for West Palm Beach is located at latitude 26.7153 and longitude -80.0534 in Palm Beach County. The formal boundaries for the City of West Palm Beach encompass a land area of 55.17 sq. miles and a water area of 2.87 sq. miles. Palm Beach County is in the Eastern time zone (GMT -5).

The City of West Palm Beach 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 West Palm Beach is located within West Palm Beach CCD of Palm Beach County.


Jump to... (On This Page!)
  1. West Palm Beach 2024 Demographic Data
  2. Growth Rates for West Palm Beach (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 - 2024 Demographics
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West Palm Beach, FL Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 123,403 (100%)
Population in Households 119,890 (97.2%)
Population in Families 85,210 (69.1%)
Population in Group Quarters1 3,513 ( 2.8%)
Population Density 2,291
Diversity Index2 82
 
 

INCOME

Median Household Income $68,395
Average Household Income $99,616
% of Income for Mortgage4 40%
Per Capita Income $43,119
Wealth Index5 87
Socioeconomic Status Index6 Low (44.8)
 

HOUSING

Total HU (Housing Units) 61,305 (100%)
Owner Occupied HU 24,642 (40.2%)
Renter Occupied HU 28,620 (46.7%)
Vacant Housing Units 8,043 (13.1%)
Median Home Value $437,246
Average Home Value $584,460
Housing Affordability Index3 61
 

HOUSEHOLDS

Total Households 53,262
Average Household Size 2.25
Family Households 28,093
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

2020-2024 2024-2029
Population 1.18% 1.39%
Households 1.08% 1.75%
Families   1.37%
Median Household Income   3.70%
Per Capita Income   3.90%
Owner Occupied HU   1.32%

West Palm Beach, FL - Peer Comparisons by Rank and Percentile

The table below compares West Palm Beach to the other 955 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2024 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 # 19 98th
Population Density # 366 62nd
Median Household Income # 501 48th
Housing Affordability Index # 204 21st
Per Capita Income # 375 61st
Diversity Index # 133 86th

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

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