Here's what it costs to live in West Palm Beach, Florida, based on the latest US government data. Renters pay a median of $1,709 per month, while the typical home is valued around $369,800. Households earn a median of $69,261 per year, leaving rent at a manageable share of income for many residents. The figures below cover housing, local wages by occupation, demographics, and air quality, all drawn from the US Census Bureau, BEA, HUD, and EPA.
Median Household Income
$69,261
Annual · Census ACS
Median Gross Rent
$1,709
Per month · Census ACS
Median Home Value
$369,800
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$1,788
HUD Fair Market Rent
1BR Fair Market Rent
$1,901
HUD FMR
2BR Fair Market Rent
$2,254
HUD FMR
3BR Fair Market Rent
$2,920
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
State Income Tax
None
No state income tax on wages
State Sales Tax
6.00%
Statewide base rate (local add-ons may apply)
Source: Tax Foundation (2024)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
119,508
Latest estimate
Median Age
40.2 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
What is the cost of living index for West Palm Beach?
The cost of living index for West Palm Beach is not yet available in our database.
What is the median rent in West Palm Beach?
The median gross rent in West Palm Beach is $1,709 per month according to US Census ACS data.
What is the median household income in West Palm Beach?
The median household income in West Palm Beach is $69,261 per year.
What is the median home value in West Palm Beach?
The median home value in West Palm Beach is $369,800 based on the latest Census ACS survey.
How is the air quality in West Palm Beach?
Air quality data for West Palm Beach is not yet available.
What are the taxes like in West Palm Beach?
Florida has no state income tax on wages and a statewide sales tax of 6.00% (local rates may add to this). Source: Tax Foundation, 2024.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology