Housing data for Palm City, FL
Palm City, FL has an estimated 26,371 residents and 11,607 homes (US Census Bureau, 2020–2024 American Community Survey).
It is an unincorporated community in Martin County.
10.3% of households rent.
The median gross rent is $2,013 a month.
Figures last updated on .
- Residents
- 26,371 (±1,493)
- Housing units
- 11,607 (±608)
- Households that rent
- 10.3%
- Median gross rent
- $2,013
- Residents since 2015–2019
- +6.2%
What stands out in Palm City
Median household income: $125,820 (±$17,865) in Palm City, higher than in Martin County ($82,943).
Homes built before 1980: 10.6% (±2.5 points) in Palm City, lower than in Martin County (33.5%).
Households that rent: 10.3% (±2.4 points) in Palm City, lower than in Martin County (20.4%).
Homes in buildings of 5 or more units: 8.5% (±2.1 points) in Palm City, lower than in Martin County (22.0%).
- Income and affordability in Palm City
- Age of homes in Palm City
- Renters and owners in Palm City
- Types of homes in Palm City
Housing in Palm City at a glance
- Median rent: $2,013 median gross rent a month
- Rent by bedrooms: $1,575 median gross rent, 2 bedrooms
- Rent burden: 48.5% of renters pay 30% or more of income
- Renters and owners: 10.3% of households rent
- Income and affordability: $125,820 median household income
- Home values: $563,400 median home value
- Homeowner costs: $2,824 median monthly cost with a mortgage
- Property taxes: $4,643 median real estate taxes a year
- Types of homes: 8.5% of homes are in buildings of 5 or more units
- Bedrooms: 71.4% of homes have 3 or more bedrooms
- Age of homes: 10.6% of homes were built before 1980
- Vacancy rate: 5.9% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 94.7% heat with electricity
- Commute and cars: 31.8 minutes average trip to work
- Growth: +6.2% residents since 2015–2019
- How long people stay: 20.8% moved in since 2020
- Crowding and facilities: 0.8% of homes have more than 1 person per room
Palm City against Martin County, its state and the nation
| Palm City | Martin County | Florida | United States | |
|---|---|---|---|---|
| Residents | 26,371 (±1,493) | 162,176 (exact) | 22,416,077 (exact) | 334,922,499 |
| Housing units | 11,607 (±608) | 83,121 (±59) | 10,256,470 (±942) | 143,775,355 |
| Households that rent | 10.3% (±2.4 points) | 20.4% (±1.2 points) | 32.4% (±0.2 points) | 34.8% |
| Median gross rent | $2,013 (±$270) | $1,569 (±$58) | $1,669 (±$5) | $1,413 |
| Median household income | $125,820 (±$17,865) | $82,943 (±$2,984) | $74,568 (±$284) | $80,734 |
| Median home value | $563,400 (±$31,625) | $432,200 (±$10,447) | $359,000 (±$930) | $332,700 |
| Median real estate taxes (a year) | $4,643 (±$271) | $3,322 (±$112) | $2,730 (±$10) | $3,119 |
| Built before 1980 | 10.6% (±2.5 points) | 33.5% (±1.8 points) | 33.9% (±0.2 points) | 49.7% |
| Average commute | 31.8 minutes (±2.6) | 28.4 minutes (±1.0) | 28.0 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 95.1% (±1.8 points) | 92.2% (±0.9 points) | 91.6% (±0.1 points) | 91.0% |
| Median age of residents | 52.1 years (±2.7) | 53.3 years (±0.2) | 42.6 years (±0.1) | 38.9 years |
Palm City covers 13.9 square miles of land, about 1,903 residents per square mile (Census Bureau Gazetteer).
How Palm City has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 24,840 (±911) | 26,371 (±1,493) | +6.2% | Not a measurable change |
| Housing units | 11,559 (±164) | 11,607 (±608) | +0.4% | Not a measurable change |
| Median gross rent | $1,614 (±$140) | $2,013 (±$270) | +24.7% | No measurable change after inflation |
| Median home value | $350,900 (±$10,726) | $563,400 (±$31,625) | +60.6% | Up after inflation |
| Median household income | $84,711 (±$4,909) | $125,820 (±$17,865) | +48.5% | Up after inflation |
| Median owner cost with a mortgage | $1,940 (±$76) | $2,824 (±$171) | +45.6% | Up after inflation |
| Median real estate taxes | $3,362 (±$111) | $4,643 (±$271) | +38.1% | Up after inflation |
| Households that rent | 14.9% (±2.7 points) | 10.3% (±2.4 points) | −4.6 percentage points | Measurable decrease |
| Rental vacancy rate | 0.7% (±1.2 points) | 5.9% (±6.9 points) | +5.2 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Martin County
Palm City has no police department of its own in the FBI’s figures, so this is the figure for Martin County as a whole.
In 2025, the police departments that report for Martin County recorded 168 violent and 711 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Palm City
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 34990 | 14% | 30,592 | $2,015 | $592,400 | $129,560 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Palm City
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Stuart | 2.8 mi | $1,586 | $329,400 | 41.1% |
| North River Shores | 3.1 mi | $2,136 | $309,800 | 25.8% |
| Rio | 3.8 mi | — | $303,800 | 3.7% |
| Jensen Beach | 5.3 mi | $1,267 | $411,700 | 23.0% |
| Sewall's Point | 5.5 mi | $2,200 | $1,502,200 | 6.2% |
| Ocean Breeze | 5.7 mi | $2,764 | $302,600 | 24.5% |
| Port Salerno | 6.4 mi | $1,440 | $352,600 | 17.8% |
| Port St. Lucie | 9.5 mi | $1,937 | $369,200 | 16.0% |
Places in Florida most like Palm City
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Fleming Island | $1,935 | $422,400 | $116,611 | 14.7% |
| Tiger Point | $2,165 | $427,900 | $118,967 | 12.6% |
| World Golf Village | $2,299 | $477,000 | $117,212 | 10.6% |
| Fruit Cove | $2,336 | $484,000 | $141,863 | 12.6% |
| Gateway | $1,886 | $453,900 | $107,484 | 15.1% |
| Big Pine Key | $1,724 | $637,000 | $110,134 | 11.7% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Florida.
HUD Fair Market Rent for Palm City, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,707 | $1,718 | $2,069 | $2,801 | $2,924 |
HUD income limits for Palm City, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $21,500 | $35,850 | $57,350 |
| 2 people | $24,600 | $41,000 | $65,550 |
| 3 people | $27,650 | $46,100 | $73,750 |
| 4 people | $33,000 | $51,200 | $81,900 |
| 5 people | $38,680 | $55,300 | $88,500 |
| 6 people | $44,360 | $59,400 | $95,050 |
| 7 people | $50,040 | $63,500 | $101,600 |
| 8 people | $55,720 | $67,600 | $108,150 |
These are the limits HUD sets for its housing programs in the Port St. Lucie, FL MSA, where HUD’s median family income for fiscal year 2026 is $102,000.
A program can use its own limits; tax-credit and local programs often do.
Palm City is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Palm City
What is the average rent in Palm City, FL?
The Census Bureau publishes the median rather than the average: the median gross rent in Palm City is $2,013 (±$270) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a two-bedroom apartment in Palm City?
The median gross rent for a two-bedroom home in Palm City, FL is $1,575 (±$244) a month (2020–2024 American Community Survey).
Are renters in Palm City rent-burdened?
48.5% of renting households in Palm City pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Palm City?
Palm City has an estimated 1,062 (±252) renting households, 10.3% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Palm City?
The median household income in Palm City is $125,820 (±$17,865) a year (2020–2024 American Community Survey).
What is the average home value in Palm City, FL?
The Census Bureau publishes the median: $563,400 (±$31,625) for owner-occupied homes in Palm City (2020–2024 American Community Survey).
Is Palm City growing?
In Palm City, the number of residents went from 24,840 in 2015–2019 to 26,371 in 2020–2024 (+6.2%), not a measurable change.
What ZIP codes are in Palm City?
The ZIP code that covers Palm City is 34990.
What is the median rent in ZIP code 34990?
The median gross rent in ZIP Code Tabulation Area 34990 is $2,015 (±$252) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Palm City CDP, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Palm City CDP, Florida
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Palm City CDP, Florida
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Palm City CDP, Florida
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Palm City CDP, Florida
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Palm City CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Palm City CDP, Florida
- HUD Fair Market Rents, fiscal year 2027: Port St. Lucie, FL MSA
- HUD Income Limits, fiscal year 2026: Port St. Lucie, FL MSA
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Palm City CDP, Florida (place:54175, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .