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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
2016 · Place 1 is the highest value.
| # | Territory | Median household income | |
|---|---|---|---|
| 383 | Chokoloskee | $2,499 | |
| 382 | Opa-locka | $17,933 | |
| 381 | Chiefland | $19,583 | |
| 380 | Brownsville | $19,796 | |
| 379 | Goulding | $21,094 | |
| 378 | Inglis | $23,229 | |
| 377 | Gladeview | $24,033 | |
| 376 | Otter Creek | $24,038 | |
| 375 | University | $24,619 | |
| 374 | Inverness | $24,829 | |
| 373 | Century | $25,114 | |
| 372 | Callahan | $25,444 | |
| 371 | Fellsmere | $26,053 | |
| 370 | Fort Pierce | $26,506 | |
| 369 | Florida City | $26,828 | |
| 368 | Belle Glade | $26,859 | |
| 367 | Beverly Hills | $27,147 | |
| 366 | Dover | $27,417 | |
| 365 | Hastings | $27,583 | |
| 364 | Immokalee | $27,767 | |
| 363 | Pahokee | $27,907 | |
| 362 | Holly Hill | $28,256 | |
| 361 | Tice | $28,554 | |
| 360 | Pinewood | $28,805 | |
| 359 | Wewahitchka | $29,136 | |
| … | |||
| 61 | Trinity | $71,936 | |
| 60 | Loxahatchee Groves | $72,049 | |
| 59 | Miami Lakes | $72,225 | |
| 58 | Palm City | $72,250 | |
| 57 | Surfside | $72,266 | |
| 56 | Palm Beach Gardens | $72,805 | |
| 55 | Boca Raton | $72,970 | |
| … |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2016
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