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Economy & jobs
Statistics · City
estimate
Median household income in Palm City
2013 – 2024 · 12 data points
36 of 386 · Towns of Florida
Updated Nov 8, 2026
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
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Overview
7 figures
People
21 figures
Economy
20 figures
Housing
8 figures
Education
10 figures
Tourism
3 figures
Climate
8 figures
Latest value · 2024
$125,820
+6.9%
since 2023 ± $17,865 · margin of error
Towns of Florida · 2024
36 of 386
Place 1 is the highest value.
since 2014
+68%
+5.0% a year on average
vs Martin County
+52%
Martin County: $82,943 · 2024
Median household income, 2013 – 2024 US Dollar · Palm City · Martin County · Florida · United States
+68% since 2014
$25,000
$50,000
$75,000
$100K
$125K
$150K
2013
2016
2018
2020
2024
Palm City
Martin County
Florida
United States
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Compared with Median household income · US Dollar
Source: U.S. Census Bureau, American Community Survey 5-year estimates
The series at a glance Palm City · 2013 – 2024
Latest value
$125,820 · 2024
First value
$73,346 · 2013
Highest
$125,820 · 2024
Lowest
$72,250 · 2016
Average change
+5.0% a year on average
Data points
12
By year
All years · 2013 – 2024
| Year | Palm City | ± | Change | Martin County | Florida | United States |
|---|---|---|---|---|---|---|
| 2024estimate | $125,820 | $17,865 | +6.9% | $82,943 | $74,568 | $80,734 |
| 2023estimate | $117,689 | $9,387 | +5.7% | $80,701 | $71,711 | $78,538 |
| 2022estimate | $111,394 | $6,847 | +9.7% | $77,894 | $67,917 | $75,149 |
| 2021estimate | $101,589 | $11,712 | +1.3% | $69,769 | $61,777 | $69,021 |
| 2020estimate | $100,272 | $13,078 | +18% | $65,821 | $57,703 | — |
| 2019estimate | $84,711 | $4,909 | +8.1% | $61,133 | $55,660 | — |
| 2018estimate | $78,365 | $3,333 | +3.0% | $57,959 | $53,267 | — |
| 2017estimate | $76,059 | $4,765 | +5.3% | $55,588 | $50,883 | — |
| 2016estimate | $72,250 | $5,704 | −1.6% | $52,622 | $48,900 | — |
| 2015estimate | $73,400 | $5,411 | −1.7% | $51,593 | $47,507 | — |
| 2014estimate | $74,699 | $4,383 | +1.8% | $51,703 | $47,212 | — |
| 2013estimate | $73,346 | $7,217 | $49,846 | $46,956 | — |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Ranking · Towns of Florida
2014 · Place 1 is the highest value.
| # | Territory | Median household income | |
|---|---|---|---|
| 386 | Opa-locka | $19,243 | |
| 385 | Chiefland | $19,600 | |
| 384 | Brownsville | $20,804 | |
| 383 | Century | $22,357 | |
| 382 | University | $22,523 | |
| 381 | Goulding | $22,591 | |
| 380 | Gladeview | $23,321 | |
| 379 | Goodland | $24,243 | |
| 378 | Otter Creek | $24,583 | |
| 377 | Canal Point | $25,313 | |
| 376 | Carrabelle | $25,714 | |
| 375 | Immokalee | $25,725 | |
| 374 | Defuniak Springs | $25,806 | |
| 373 | Fellsmere | $25,836 | |
| 372 | Fort Pierce | $25,976 | |
| 371 | Bunnell | $26,182 | |
| 370 | Panacea | $26,250 | |
| 369 | Inglis | $26,450 | |
| 368 | Florida City | $26,539 | |
| 367 | Holly Hill | $26,699 | |
| 366 | Wimauma | $26,896 | |
| 365 | Mangonia Park | $26,979 | |
| 364 | Cross City | $26,979 | |
| 363 | Beverly Hills | $27,238 | |
| 362 | Dover | $27,390 | |
| … | |||
| 43 | The Acreage | $73,560 | |
| 42 | Osprey | $73,635 | |
| 41 | Siesta Key | $74,167 | |
| 40 | Palm City | $74,699 | |
| 39 | Lighthouse Point | $74,732 | |
| 38 | Atlantis | $74,962 | |
| 37 | Ocean Ridge | $79,152 | |
| … |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2014
What it means
The income in the middle: half the households earn more, half earn less.
How it is calculated
Median of total annual household income from the survey, in dollars of the survey's last year.
Economy & jobs
Statistics: Palm City
GDP per person
$73,879
2024 · Florida
GDP per person (PPP)
$73,879
2024 · Florida
Gross domestic product
$12B
2024 · Martin County
Economic growth
0.0%
2024 · Martin County
Inflation
2.9%
2024 · United States
Unemployment rate
4.2%
2025 · Martin County
Unemployment rate, latest month
4.9%
Aug 2026 · Martin County
Youth unemployment
9.3%
2025 · United States
Employment rate
68.2%
2024 · Florida
Labour force participation
58.7%
2024
Labour force
71,193
2025 · Martin County
Household income per person
$64,167
2024 · Florida