Cost of Living and Housing in Royal Palm Beach, Florida

Royal Palm Beach has about 40,344 residents. Median gross rent is $2,273 per month and median household income is $96,027.

Comparison scope: “dataset median” below means the median among 1,211 cities across 10 states in this dataset. It is not presented as a nationwide Census median. The figures use 2020-2024 ACS 5-Year estimates and may lag current listings.

Median Gross Rent $2,273/mo 37% above the dataset median

Median Home Value $437,700 17% above the dataset median

Median Household Income $96,027 14% above the dataset median

Owner-Occupied Homes 82% Share of occupied housing units

Rent-to-Income Baseline 28% Annual median rent ÷ household income

Home Value-to-Income 4.6x Median value ÷ household income

How Royal Palm Beach compares

Rent is 37% above the dataset median, while household income is 14% above the dataset median. Within Florida, Royal Palm Beach ranks #189 from lowest to highest rent and #45 from highest to lowest household income among 207 cities in this dataset.

The rent-to-income figure compares two citywide medians. It is useful for broad comparison, but it is not an individual household budget or a measure of renter cost burden.

Similar-size cities in Florida

Frequently asked questions

What is the median rent in Royal Palm Beach?

Median gross rent is $2,273 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home value in Royal Palm Beach?

The median value of owner-occupied homes is $437,700 in the 2020-2024 ACS 5-Year estimates.

What is the median household income?

Median household income in Royal Palm Beach is $96,027 per year.

Source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database refreshed 2026-07-11.