What is the median household income in Royal Palm Estates, FL?

The median household income in Royal Palm Estates, FL is $60,532 (±$24,447) a year (2020–2024 American Community Survey).

Paying the median gross rent of $1,736 a month would take about $69,400 a year at the common guideline of spending no more than 30% of income on rent.

In Royal Palm Estates, the median household income went from $39,444 in 2015–2019 to $60,532 in 2020–2024 (+53.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median household income
$60,532 (±$24,447)
Income to afford median rent
about $69,400

Income in Royal Palm Estates against Palm Beach County, its state and the nation

Income, estimate (90% margin of error)
Royal Palm EstatesPalm Beach CountyFloridaUnited States
Median household income$60,532 (±$24,447)$83,581 (±$1,022)$74,568 (±$284)$80,734
Median renter household income—$60,689 (±$1,327)$53,617 (±$353)$52,966
Median owner household income$53,512 (±$27,339)$97,651 (±$1,709)$88,144 (±$469)$100,009
Median gross rent$1,736 (±$570)$1,916 (±$19)$1,669 (±$5)$1,413

In Royal Palm Estates, median household income is not measurably different from Palm Beach County ($83,581).

It is not measurably different from Florida ($74,568).

It is not measurably different from the national figure ($80,734).

In Palm Beach County, Royal Palm Estates ranks 47 of 53 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 592 of 846.

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

How much you need to earn to rent in Royal Palm Estates

Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.

At that guideline, the median gross rent of $1,736 a month ($20,832 a year) needs an income of about $69,400 a year.

This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.

Income against housing costs since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median household income$39,444 (±$5,463)$60,532 (±$24,447)+53.5%No measurable change after inflation
Median gross rent$1,244 (±$121)$1,736 (±$570)+39.5%No measurable change after inflation
Median home value$123,600 (±$14,428)$331,600 (±$60,092)+168.3%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.

Median household income in places near Royal Palm Estates

Nearest places with a published estimate, compared with Royal Palm Estates
PlaceDistanceMedian household incomeCompared with this place
Royal Palm Estates—$60,532 (±$24,447)—
Lake Belvedere Estates0.6 mi$76,036 (±$28,325)Not measurably different
Haverhill0.9 mi$79,787 (±$13,637)Not measurably different
Gun Club Estates1.6 mi$81,563 (±$52,875)Not measurably different
Pine Air2.2 mi$55,881 (±$7,520)Not measurably different
Westgate2.4 mi$51,604 (±$5,117)Not measurably different
Glen Ridge3.5 mi$128,125 (±$40,343)Higher
Greenacres3.8 mi$70,491 (±$5,481)Not measurably different
Cloud Lake3.8 mi$68,920 (±$19,016)Not measurably different

Nearby places with a measurably higher figure: Glen Ridge, FL ($128,125).

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

Median household income across Palm Beach County, place by place

RankPlaceMedian household income
41Kenwood Estates$66,477 (±$24,985)
42Seminole Manor$66,154 (±$52,922)
43Briny Breezes$65,179 (±$24,057)
44Palm Springs$61,739 (±$4,395)
45Lake Worth Beach$61,200 (±$5,398)
46Mangonia Park$60,781 (±$7,527)
47Royal Palm Estates$60,532 (±$24,447)
48San Castle$57,228 (±$26,993)
49Pine Air$55,881 (±$7,520)
50Pahokee$53,359 (±$13,509)
51Westgate$51,604 (±$5,117)
52South Bay$51,417 (±$27,244)
53Belle Glade$48,001 (±$9,005)

Showing 13 of 53 places in Palm Beach County, ranked from highest to lowest.

Royal Palm Estates 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 Royal Palm Estates

What is the median household income in Royal Palm Estates?

The median household income in Royal Palm Estates is $60,532 (±$24,447) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Royal Palm Estates?

About $69,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,736 a month.

Have incomes in Royal Palm Estates kept up with inflation?

In Royal Palm Estates, the median household income went from $39,444 in 2015–2019 to $60,532 in 2020–2024 (+53.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

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 Royal Palm Estates CDP, Florida (place:62118, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M

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 .

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