Palm Beach County · Florida · South · 61k residents
Palm Beach Gardens, FL: economy, jobs & business costs
The site-selection read on Palm Beach Gardens: labor costs, talent, corporate tax, energy, and business activity, with the Florida median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,578/wk. Florida's corporate income tax rate is 5.5%. Commercial electricity averages 11.0¢/kWh.
Compare Palm Beach Gardens side by side
Avg. weekly wage
$1,578/wk
Corporate income tax
5.5%
Bachelor's degree or higher
57.4%
Commercial electricity
11.0¢/kWh
Economic momentum
How fast Palm Beach Gardens's economy is moving, ranked against the US cities we track.
40/100
Steady
Ranks Palm Beach Gardens's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $606,100 |
| Price per sq. ft. | $260 |
| Property tax rate | 0.8% |
| 1-bedroom rent | $2,273/mo |
| 2-bedroom rent | $2,327/mo |
| State & local income tax | 0% |
| Sales tax | 7% |
| Corporate income tax | 5.5% |
| Avg. weekly wage | $1,578/wk |
| Bachelor's degree or higher | 57.4% |
| Commercial electricity | 11.0¢/kWh |
| Businesses per 1k residents | 44.3/1k |
| Wage: Software developer | $132,650 |
| Wage: Registered nurse | $91,380 |
| Wage: General manager | $105,640 |
| Wage: Customer service | $39,560 |
| Wage: Warehouse worker | $36,110 |
| Wage: Heavy truck driver | $51,580 |
| Wage: Electrician | $58,630 |
| Wage: Retail salesperson | $34,330 |
| Cost of living index | 127 |
| Groceries index | 103 |
| Utilities | $180/mo |
| Transit pass | $65/mo |
| Gas price | $3.25/gal |
| Healthcare index | 100 |
| Childcare (per child) | $1,000/mo |
| Median household income | $106,947 |
| Unemployment rate | 3.3% |
| Population | 61k |
| Crime index | 45/100 |
| School rating | 5.8/10 |
| Walkability | 34/100 |
| Disaster risk | 99/100 |
| Avg. commute | 28 min |
| Sunny days / year | 240 days |
| July high | 91°F |
| January low | 58°F |
| Annual snowfall | — |
| Home price YoY | -0.4% |
| Home price MoM | +0.1% |
| Rent YoY | +3.2% |
| Rent MoM | +0.6% |
| Employment (jobs) YoY | +0.5% |
| Building permits YoY | -40.3% |
| Ocean coast | 11 mi |
| Big lake | 44 mi |
| Mountains | 572 mi |
| Major airport | 54 mi |
| Ski resort | 634 mi |
Popular comparisons
Nearby
- Riviera Beach, FL · 39k
- Jupiter, FL · 62k
- West Palm Beach, FL · 122k
- The Acreage, FL · 41k
- Royal Palm Beach, FL · 40k
Similar size
- Palm Harbor, FL · 62k
- North Miami, FL · 60k
- Wellington, FL · 62k
- Margate, FL · 59k
- The Hammocks, FL · 59k
Real listings in Palm Beach Gardens
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Palm Beach Gardens a good place to run a business?
- Florida's corporate income tax rate is 5.5%; average weekly wages in the surrounding labor market run $1,578/wk; commercial electricity averages 11.0¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Palm Beach Gardens, FL?
- Palm Beach Gardens indexes at 127 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $2,327/mo and a acs median home value of $606,100.
- How much does a house cost in Palm Beach Gardens?
- The acs median home value in Palm Beach Gardens is $606,100 (Census ACS estimate; individual listings vary).
- How much is rent in Palm Beach Gardens?
- A two-bedroom in Palm Beach Gardens rents for about $2,327/mo.