Skip to main content

EconPulse

Local economy signal dashboard

Saved
PLACEThriving

South Palm Beach, FL

Thriving overall. Federal Funds is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

Post on XLinkedIn
Overall score69out of 100
Compare
76
92
0
66
95

Population

1,576

Data freshness

Unknown

GDP / Output

+5.2% YoY

76

$140.5B

Output changed +5.2% in 2024.

Vintage date unknown

State growth6.3%
U.S. growth5.3%

Jobs

Unemployment rate

92

2.3%

Unemployment is 2.3% for Latest available.

Vintage date unknown

State avg4.8%
U.S. avg5.2%

Population

-15.0% 5-year

0

1,576

Population moved -15.0% over the latest ACS window.

Vintage date unknown

State population22,416,077
U.S. population334,922,499

Housing

Rent share of income

66

24.4%

Median rent consumes 24.4% of median household income: Affordable.

Vintage date unknown

State rent$1.7K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.5K per resident

95

$11.2B

$11.2B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$325.0B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$11.2B

$7.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$9.0B
2. Department of Veterans Affairs$681.2M
3. Department of Defense$534.5M

Top recipients

Dollars
1. THALLE CONSTRUCTION CO INC$275.7M
2. THE GEO GROUP, INC.$199.2M
3. STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION$91.4M

Affordable

Housing Affordability

24.4%

of median income

1BR estimate$1,532
2BR estimate$2,017
Median income$91,750
Median home value$415,900

ACS context

Quick Facts

Population

1,576

Median age

68.9

Bachelor's degree+

45.6%

Poverty rate

12.3%

Labor force participation

42.7%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-31

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

-3.2%

GDP CAGR

+8.4%

Federal flow

5 years

Population (5 years)
20201,855
20211,875
20221,648
20231,667
20241,576
GDP (5 years)
2020$93.9B
2021$108.5B
2022$120.5B
2023$133.5B
2024$140.5B

2-year linear forecast

Predictive Outlook

Population forecast

20241,576
20251,494 *
20261,418 *

R² = 82.8% · * projected

GDP forecast

2024$140.5B
2025$154.8B *
2026$166.7B *

R² = 98.8% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$91,750/yr
Median rent$1,868/mo
Rent share of income24.4%
Est. mortgage (30yr, 6.5%)$25,236/yr
Mortgage share of income27.5%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate2.3%
State avg4.8%
U.S. avg5.2%
Labor force participation42.7%
Poverty rate12.3%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$415,900
Median monthly rent$1,868
Price-to-rent ratio18.6x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateModerate
Composite score63/100
Economic growth76/100
Labor market92/100
Population momentum0/100
Overall stability69/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

South Palm Beach town, Florida

City/Town

Part of

Miami-Fort Lauderdale-West Palm Beach, FL

Nearby locations

Lantana, FLManalapan, FLHypoluxo, FLSan Castle, FLLake Worth Beach, FL