Palm City, Florida is a medium-sized city with a population of 23,668 people. At 94%, the majority of the Palm City population is White; this is followed by 3% Asian and 1% Black. The Palm City population appears to be aging at a faster rate than normal. The median age is currently 51, which is on the high side when compared to most other cities. Palm City has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 87% of the population is classified as married and 68% have kids.
Living in Palm City can be a positive experience for anyone relocating to the area. Having said that, in the state of Florida, there are many desirable places to live, so choose wisely! The best areas in Palm City and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, weather, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Florida and national averages.
Palm City, FL receives 83 out of 100 for its livability score; this results in a ranking of #80 in Florida and #734 in the USA. Based on this score, Palm City would be considered a very livable city! The cherry on top is that Palm City also ranks in the top 10 percent of all cities. If we dig a little deeper into each category within the livability score, we see that Palm City has higher than average scores for the following: amenities (A), crime (A), weather (A), education (A+) and employment (B). Unfortunately for Palm City, there are some categories for which it does not score well, this includes: cost of living (F).
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Palm City, there is no shortage of amazing local amenities and interesting things to do.
The average school test scores in Palm City are 74%. This far exceeds the national average and ensures that this educational system will provide your children with the skills and the tools they need to thrive.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are available, most people will need to know if the real estate in Palm City is actually affordable. The median home price for Palm City homes is $283,700, which is 70.1% higher than the Florida average. If we take a closer look at the affordability of homes in Palm City, we’ll see that the home price to income ratio is 3.9, which is 14.7% higher than the Florida average. For most people, purchasing a new home is the biggest investment they will make in their lifetime. Taking a look at overall real estate appreciation rates in Palm City will offer some insight into determining if your home purchase will be a solid investment for years to come. In Palm City, the year-over-year appreciation rates were 6%, and the 5 year appreciation rates came in at 9.6%.