What percentage of people rent in Palm City, FL?

Name: Renters and owners in Palm City, FL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

10.3% (±2.4 points) of the occupied homes in Palm City, FL are rented (2020–2024 American Community Survey).

That is 1,062 renting households against 9,292 that own their home.

In Palm City, the share of households that rent went from 14.9% in 2015–2019 to 10.3% in 2020–2024 (−4.6 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Households that rent: 10.3% (±2.4 points)
Renting households: 1,062 (±252)
Median renter income: $73,432 (±$13,926)

Who rents and who owns in Palm City

Tenure, estimate (90% margin of error)
	Palm City	Martin County	Florida	United States
Renter-occupied share	10.3% (±2.4 points)	20.4% (±1.2 points)	32.4% (±0.2 points)	34.8%
Renting households	1,062 (±252)	13,803 (±872)	2,834,163 (±17,461)	45,017,354
Owning households	9,292 (±597)	53,998 (±1,006)	5,918,647 (±31,594)	84,210,142
Average renter household size	2.5 (±0.3)	2.4 (±0.1)	2.5 (±0.0)	2.3
Average owner household size	2.5 (±0.1)	2.3 (±0.0)	2.5 (±0.0)	2.6
Median renter household income	$73,432 (±$13,926)	$46,716 (±$5,391)	$53,617 (±$353)	$52,966
Median owner household income	$140,188 (±$10,051)	$94,021 (±$3,717)	$88,144 (±$469)	$100,009

In Palm City, the renter share is lower than in Martin County (20.4%).

It is also lower than in Florida (32.4%).

It is lower than the national figure (34.8%).

In Martin County, Palm City ranks 8 of 11 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 737 of 857.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Palm City has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	14.9% (±2.7 points)	10.3% (±2.4 points)	−4.6 percentage points	Measurable decrease
Median gross rent	$1,614 (±$140)	$2,013 (±$270)	+24.7%	No measurable change after inflation
Median household income	$84,711 (±$4,909)	$125,820 (±$17,865)	+48.5%	Up after inflation

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.

Households that rent in places near Palm City

Nearest places with a published estimate, compared with Palm City
Place	Distance	Households that rent	Compared with this place
Palm City	—	10.3% (±2.4 points)	—
Stuart	2.8 mi	41.1% (±5.0 points)	Higher
North River Shores	3.1 mi	25.8% (±8.7 points)	Higher
Rio	3.8 mi	3.7% (±6.4 points)	Not measurably different
Jensen Beach	5.3 mi	23.0% (±4.8 points)	Higher
Sewall's Point	5.5 mi	6.2% (±3.1 points)	Lower
Ocean Breeze	5.7 mi	24.5% (±12.0 points)	Higher
Port Salerno	6.4 mi	17.8% (±4.6 points)	Higher
Port St. Lucie	9.5 mi	16.0% (±1.3 points)	Higher

Nearby places with a measurably lower figure: Sewall's Point, FL (6.2%).

Nearby places with a measurably higher figure: Stuart, FL (41.1%), North River Shores, FL (25.8%), Jensen Beach, FL (23.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Martin County, place by place

Rank	Place	Households that rent
2	Indiantown	26.5% (±8.9 points)
3	North River Shores	25.8% (±8.7 points)
4	Ocean Breeze	24.5% (±12.0 points)
5	Jensen Beach	23.0% (±4.8 points)
6	Hobe Sound	22.2% (±3.8 points)
7	Port Salerno	17.8% (±4.6 points)
8	Palm City	10.3% (±2.4 points)
9	Sewall's Point	6.2% (±3.1 points)
10	Jupiter Island	4.2% (±3.8 points)
11	Rio	3.7% (±6.4 points)

Showing 10 of 11 places in Martin County, ranked from highest to lowest.

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

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).

Is renting growing in Palm City?

In Palm City, the share of households that rent went from 14.9% in 2015–2019 to 10.3% in 2020–2024 (−4.6 percentage points), a measurable decrease.

How big are renting households in Palm City?

A renting household in Palm City has 2.5 people on average, against 2.5 in an owned home.

How much do renters earn in Palm City?

The median renting household in Palm City, FL has an income of $73,432 (±$13,926) a year, against $140,188 for households that own their home.

Sources

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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.