Palm City is a city located in Martin County Florida. Palm City has a 2020 population of 24,840. Palm City is currently declining at a rate of 0.00% annually and its population has increased by 7.44% since the most recent census, which recorded a population of 23,120 in 2010.
The average household income in Palm City is $126,257 with a poverty rate of 6.30%. The median rental costs in recent years comes to $1,740 per month, and the median house value is $391,700. The median age in Palm City is 50.6 years, 51.2 years for males, and 50.2 years for females.
According to the most recent ACS, the racial composition of Palm Citywas:
The highest rate of high school graduation is among native american people with a rate of 100.00%.
The highest rate of bachelors degrees is among asian people with a rate of 77.56%.
90.38% of Palm City residents speak only English, while 9.62% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 4.61% of the population.
Overall Poverty Rate
Male Poverty Rate
Female Poverty Rate
The race most likely to be in poverty in Palm City is White, with 6.44% below the poverty level.
The race least likely to be in poverty in Palm City is Multiple, with 7.52% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 1.13%. Among those working part-time, it was 5.60%, and for those that did not work, the poverty rate was 9.96%.
Veteran Poverty Rate
Veteran Disability Rate
Labor Force Participation
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Born in Palm City
91.03% of Palm City residents were born in the United States, with 25.86% having been born in Florida. 2.44% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.