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The total population of Palm Beach is estimated to be 9,205 with 4,239 males (46.05%) and 4,966 females (53.95%). There are 727 more females than males in Palm Beach.
The median household income in Palm Beach was $182,444 in 2021, which marked an a decrease of 9,060(4.73%) from $191,504 in 2020. This income is 244.54% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Palm Beach sees its highest median household income among householders in the age group of 45 to 64 years old, at $209,126. Overall, the median household income for the town of Palm Beach stands at $182,444.
In Palm Beach, the median income for all workers aged 15 years and older, regardless of work hours, was $135,307 for males and $61,013 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $169,031 for males and $120,058 for females.
In Palm Beach, there are just two different racial groups among households. Among these, Asian households report a median household income of $270,229, while White households have a median household income of $182,762.
In 2022, the population of Palm Beach was 9,235, a 0.03% increase year-by-year from 2021. Previously, in 2021, Palm Beach's population was 9,232, a decline of 0.14% compared to a population of 9,245 in 2020.
The median age in Palm Beach, FL is 70.6, as per 2021 ACS 5-Year Estimates. Of the total population, 4.58% were under the age of 15, 2.58% aged 15 to 29, 29.80% aged 30 to 64, 50.45% aged 65 to 84, and 12.59% were 85 years of age and older.
Racial distribution of Palm Beach population: 92.92% are White, 0.20% are Black or African American, 0.70% are American Indian and Alaska Native, 0.86% are Asian, 1.78% are some other race and 3.55% are multiracial.