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The total population of Palm Springs is estimated to be 26,692 with 13,678 males (51.24%) and 13,014 females (48.76%). There are 664 less females than males in Palm Springs.
The median household income in Palm Springs was $55,513 in 2021, which marked an an increase of 1,340(2.47%) from $54,173 in 2020. This income is 74.41% 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 Springs sees its highest median household income among householders in the age group of 25 to 44 years old, at $57,728. Overall, the median household income for the village of Palm Springs stands at $55,513.
In Palm Springs, the median income for all workers aged 15 years and older, regardless of work hours, was $34,908 for males and $24,764 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $40,340 for males and $36,748 for females.
In Palm Springs, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Some Other Race households have the highest median household income at $56,629, while Asian households represent the opposite end with the lowest median household income of $52,394.
In 2022, the population of Palm Springs was 26,844, a 0.39% increase year-by-year from 2021. Previously, in 2021, Palm Springs's population was 26,741, a decline of 0.54% compared to a population of 26,885 in 2020.
The median age in Palm Springs, FL is 36.8, as per 2021 ACS 5-Year Estimates. Of the total population, 19.90% were under the age of 15, 19.59% aged 15 to 29, 49.51% aged 30 to 64, 9.38% aged 65 to 84, and 1.62% were 85 years of age and older.
Racial distribution of Palm Springs population: 51.79% are White, 16.91% are Black or African American, 0.24% are American Indian and Alaska Native, 4.81% are Asian, 11.60% are some other race and 14.66% are multiracial.