West Palm Beach is a medium-sized city located in the state of Florida. The city has a population of 104,978 residents. West Palm Beach is mostly populated by White (59%) and Black or African American (33%) ethnic groups. If you are not a fan of long commutes, you will enjoy living in West Palm Beach. With average one way commute time of only 23 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Living in West Palm Beach can be a great experience for anyone relocating to the city. Having said that, in the state of Florida, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Finding the best places to live in West Palm Beach and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, cost of living, education, employment, housing and other important metrics.
The livability score in West Palm Beach is 81/100 and the city is ranked in the 96th percentile of all cities across America. This is a terrific score, as West Palm Beach ranks well in multiple categories! West Palm Beach also ranks in the top 10 percent of all cities, which is no small feat! For each of the livability categories, we see that West Palm Beach ranks very well for amenities (A-) and housing (A+). There is at least one category that did not score well in West Palm Beach. The following was graded with a disappointing score: crime (F).
Location, location, location - those 3 words empasize the significance of the location of any property and are possibly the three most important words in your search for a new place to live. Fortunately, in West Palm Beach, there are an abundance of amazing local amenities and other interesting things to do. These include grocery stores, coffee shops, places to eat and parks. Some of the interesting things to do and attractions include: Palm Beach Segway Tours and Scooter Rentals, CityPlace, and CityPlace.
For individuals considering a relocation, job opportunities often take center stage as a crucial factor. Your chances of finding new employment in West Palm Beach is actually far better than most areas. With a low unemployment rate of 0.46%, you are likely to see an increase of job options, higher wages, improved workforce productivity and higher economic growth.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, West Palm Beach has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that West Palm Beach meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in West Palm Beach. Everything else becomes a lot less important if it turns out that home prices in West Palm Beach are simply unattainable. Median real estate prices in West Palm Beach come in at $198,100, which is 18.8% higher than the Florida average. The home price to income ratio compares the median home prices to the median household income. In West Palm Beach, the home price to income ratio is 4.2, which is 23.5% higher than the Florida average.
|Statistic||West Palm Beach||Florida||National|
|Average one way commute||24min||27min||26min|
|Workers who drive to work||76.1%||79.5%||76.4%|
|Workers who carpool||9.4%||9.3%||9.3%|
|Workers who take public transit||2.0%||2.1%||5.1%|
|Workers who bicycle||0.8%||0.7%||0.6%|
|Workers who walk||2.3%||1.5%||2.8%|
|Working from home||7.5%||5.4%||4.6%|