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Palm Beach County Housing Market

Florida · 67 counties · Ranked #2929 in home value

Above National Avg

Housing at a Glance

Median Home Value

$407,300

vs national+$407,300 vs $281,900 national

Median Gross Rent

$1,818/mo

vs national+$1,818 vs $1,163 national

Effective Tax Rate

0.88%

vs national0.88% vs 1.02% national

Median Household Income

$81,115

vs national+$81,115 vs $74,755 national

Affordability Ratio

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

36.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$3,600

Tax as % of Home Value

0.88%

Monthly Owner Cost

$1,512

Renter Income

$58,825

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Palm Beach County?

The median home value in Palm Beach County is $407,300. This is above the national median of $281,900.

How much is rent in Palm Beach County?

The median gross rent in Palm Beach County is $1,818 per month.

What is the property tax rate in Palm Beach County?

The effective property tax rate in Palm Beach County is 0.88%. The median annual property tax bill is $3,600.

Is Palm Beach County affordable?

With a home-value-to-income ratio of 5x, Palm Beach County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.