Places/FL/Palm Beach County, FL
County profile

Palm Beach County, FL

United States · GDP 2024
#34 of 3,127 US counties by GDP60th-percentile growthmore diversified than 96% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$140.5B
BEA · 2024
GDP growth (YoY)
+5.2%
BEA · 2024
Jobs tracked
592,227
Census CBP · 2023
Employers
55,803
Census CBP · 2023
Avg. wage
$74.8k
BLS QCEW · 2023
Population
1,575,726
Census PEP · 2025
Labor, income & education
Unemployment
4.6%
Median HH income
$83.6k±$1.0k
Bachelor's degree+
40.5%±0.5%
Poverty rate
11.3%±0.4%
Business applications
48,510 · 2025
Retail establishments
5,675
36.1/10k pop
Industry mix · employment
Health care26%
Retail trade21%
Food & accommodation19%
Professional services13%
Admin & support11%
Construction11%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
1,575,726
residents · 2025 · +5.5% since 2020
Income per capita $126.9k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration1,852
International migration+92,245
Natural change8,451

GDP trend

20192024 · nominal
$91.6B
2019
$93.9B
2020
$108.5B
2021
$120.5B
2022
$133.5B
2023
$140.5B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$447.3k±$4.2k
Median gross rent
$1.9k/mo±$19/mo
Vacancy rate
15.8%±0.4%
Affordability
6.0× wages
Residential permits
$1.7B
4,228 units · 2.7/1k pop
FEMA risk score
99.2
HUD Fair Market Rent (2BR):$2.3k/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 100Lightning 100Heat wave 98
FHFA HOUSE PRICE INDEX · 20162025
483
2016
521
2017
561
2018
583
2019
613
2020
704
2021
881
2022
976
2023
1036
2024
1048
2025
RESIDENTIAL PERMITS · 20212025
-46% since 2021
7,851
2021
6,090
2022
5,492
2023
4,089
2024
4,228
2025

Transport access

BTS · FAA · USACE
Nearest interstate
38.2 km
I-95
Nearest freight rail
12.7 km
SCXF
Nearest port
5.5 km
Port of Palm Beach District, FL
Nearest commercial airport
37.0 km
PALM BEACH INTL
Waterborne tonnage, host port(s) (CY2023):2,166,125 short tons/yr · Port of Palm Beach District, FL
Wage trend
BLS QCEW · 20192023
$74.8k
avg. annual pay · +33% since 2019
The read

What is the GDP of Palm Beach?

Palm Beach's economy produced $140.5B in 2024, growing 5.2% year over yearfaster than most US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.