Is Royal Palm Beach, Florida a Good Place To Live? - Living In Royal Palm Beach, FL

Is Royal Palm Beach, Florida a good place to live?
Royal Palm Beach is a city in Florida state in USA with a population of 39615 residents.. The poverty rate of Royal Palm Beach is 3.5%, which is 75% lower than national average. The typical household in Royal Palm Beach earns $83636 a year, compared to the national median of $67,500. Nearly 21.6% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Royal Palm Beach, only 92% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Royal Palm Beach remained 4.2%, which is 11% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Royal Palm Beach, only 33% of adults have a bachelor's degree and 32% have some college but no degree.

Cost of living in Royal Palm Beach is 112, which is 12% higher than national average. Median home value in Royal Palm Beach is $284600 , which is 24% higher than national average. While median income in Royal Palm Beach remained $83636, which is 24% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
39615
Unemployment
4.2%
11% NAT AVG.
Poverty
3.5%
75% NAT AVG.
Overall Score
8.5
Median Home Cost
$284600
24% NAT AVG.
Median Income
$83636
24% NAT AVG.
Median Rent
$1708
47% NAT AVG.
Cost Of Living
112
12% NAT AVG.
People Living BPL
1 in 29
Unemployed People
1 in 24
People Earning < $10,000
1 in 37
People Earning < $50,000
21.6%
People with <= High School
1 in 2.9
People With Any Degree
1 in 2.2
Pros & Cons Overview

Jobs85%

Housing90%

Affordability50%

Safety70%

Amenities90%

Diversity100%

Education80%

Commute60%