Palm Valley, FL

Census Place

2024 Population

19,796

US Senator

Rick Scott

Republican Party

US Senator

Ashley Moody

Republican Party

2024 Median Age

51.2

2.61% 1-year increase

2024 Poverty Rate

4.17%

0.641% 1-year increase

2024 Median Household Income

$116,625

1.4% 1-year decline

2024 Median Property Value

$690,800

Population & Diversity

Palm Valley, FL is home to a population of 19.8k people, from which 98.7% are citizens.

As of 2024, 8.77% of Palm Valley, FL residents were born outside of the country (1.74k people).

In 2024, there were 28.2 times more White (Non-Hispanic) residents (17.3k people) in Palm Valley, FL than any other race or ethnicity. There were 614 Asian (Non-Hispanic) and 502 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

98.7%

2024 Citizenship

98.5%

2023 Citizenship

As of 2024, 98.7% of Palm Valley, FL residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Palm Valley, FL was 98.5%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Palm Valley, FL compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Palm Valley, FL

White (Non-Hispanic)
17.3k ± 1.42k
Asian (Non-Hispanic)
614 ± 299
Two Races Including Other (Hispanic)
502 ± 252

5.71%

Hispanic Population

1.13k people

5.71% of the people in Palm Valley, FL are hispanic (1.13k people).

The following chart shows the 8 races represented in Palm Valley, FL as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Florida.

Most Common Origin

Cuba
1,051,839 ± 24,582 people
Haiti
364,479 ± 14,701 people
Colombia
327,463 ± 13,946 people

In 2024, the most common birthplace for the foreign-born residents of Florida was Cuba, the natal country of 1,051,839 Florida residents, followed by Haiti with 364,479 and Colombia with 327,463.

Foreign-Born Population

8.77%

2024 Foreign-Born Population

1.74k people

9.17%

2023 Foreign-Born Population

1.81k people

As of 2024, 8.77% of Palm Valley, FL residents (1.74k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Palm Valley, FL was 9.17%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Palm Valley, FL compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
326 ± 130
Gulf War (2001-)
187 ± 77
Gulf War (1990s)
165 ± 98

Palm Valley, FL has a large population of military personnel who served in Vietnam, 1.74 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Palm Valley, FL.

Economy

The economy of Palm Valley, FL employs 9.28k people. In 2024, the largest industries in Palm Valley, FL were Professional, Scientific, & Technical Services (1,310 people), Health Care & Social Assistance (1,246 people), and Retail Trade (977 people), and the highest paying industries were Wholesale Trade ($250,001), Finance & Insurance ($121,805), and Construction ($119,315).

Employment

Occupations

9.28k

2024 Value

± 908

−0.482%

1 Year decline

± 13.3%

From 2023 to 2024, employment in Palm Valley, FL declined at a rate of −0.482%, from 9.33k employees to 9.28k employees.

The most common job groups, by number of people living in Palm Valley, FL, are Management Occupations (2,090 people), Sales & Related Occupations (1,754 people), and Business & Financial Operations Occupations (853 people). This chart illustrates the share breakdown of the primary jobs held by residents of Palm Valley, FL.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Florida.

This chart shows weekly unemployment insurance claims in Florida (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

9.28k

2024 Value

± 908

−0.482%

1 Year decline

± 13.3%

From 2023 to 2024, employment in Palm Valley, FL declined at a rate of −0.482%, from 9.33k employees to 9.28k employees.

The most common employment sectors for those who live in Palm Valley, FL, are Professional, Scientific, & Technical Services (1,310 people), Health Care & Social Assistance (1,246 people), and Retail Trade (977 people). This chart shows the share breakdown of the primary industries for residents of Palm Valley, FL, though some of these residents may live in Palm Valley, FL and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$94,500

Median earning men ± $21,963

$47,026

Median earning women ± $6,224

The industries with the best median earnings for men in 2024 are Wholesale Trade ($250,001), Finance & Insurance, & Real Estate & Rental & Leasing ($136,154), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($115,740).

The industries with the best median earnings for women in 2024 are Construction ($155,093), Transportation & Warehousing, & Utilities ($87,431), and Manufacturing ($65,917).

Housing & Living

The median property value in Palm Valley, FL was $690,800 in 2024, which is 2.08 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $646,200 to $690,800, a 6.9% increase. The homeownership rate in Palm Valley, FL is 81.4%, which is higher than the national average of 65.2%.

People in Palm Valley, FL have an average commute time of 24.1 minutes, and they drove alone to work. Car ownership in Palm Valley, FL is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$690,800

Median Property Value 2024

±$55,975

$7,348

Median Property Taxes

±$671

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Palm Valley, FL the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Palm Valley, FL compared to it's parent and neighbor geographies.

Rent vs Own

81.4%

Homeownership

2024

64.5%

Homeowners with Mortgage

2024

In 2024, 81.4% of the housing units in Palm Valley, FL were occupied by their owner. This percentage grew from the previous year's rate of 79.3%.

This chart shows the percentage of owner in Palm Valley, FL compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$116,625

Median Household Income

± $13,067

9.02k

Number of Households

± 762

In 2024, the median household income of the 9.02k households in Palm Valley, FL declined from $116,625 from the previous year's value of $118,280.

The following chart displays the households in Palm Valley, FL distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

Wage Distribution

The closest comparable wage GINI for Palm Valley, FL is from Florida.

0.471

2024 Wage GINI in Florida

0.473

2023 Wage GINI in Florida

In 2024, the income inequality in Florida was 0.471 according to the GINI calculation of the wage distribution. Income inequality had a 0.383% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Florida was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Florida in comparison to the national average.

This chart shows the number of workers in Florida across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (68.8%)
Worked At Home (24.9%)
Carpooled (3.32%)

In 2024, 68.8% of workers in Palm Valley, FL drove alone to work, followed by those who worked at home (24.9%) and those who carpooled to work (3.32%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

24.1 minutes

Average Travel Time

Using averages, employees in Palm Valley, FL have a shorter commute time (24.1 minutes) than the normal US worker (26.4 minutes). Additionally, 1.78% of the workforce in Palm Valley, FL have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Palm Valley, FL compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Palm Valley, FL distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Palm Valley, FL have 2 cars.

Poverty

Poverty & Diversity

4.17% of the population for whom poverty status is determined in Palm Valley, FL (819 out of 19.6k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 55 - 64, followed by Females 65 - 74 and then Females 75+.

The most common racial or ethnic group living below the poverty line in Palm Valley, FL is White, followed by Hispanic and Other.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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