Commercial and Residential Real Estate in the Greater Miami, Florida area

Miami Downtown Real Estate Waterfront

Palm Beach Census Data

People QuickFactsPalm Beach CountyFlorida
Population, 2008 estimate 1,265,293 18,328,340
Population, percent change, April 1, 2000 to July 1, 2008 11.9% 14.7%
Population estimates base (April 1) 2000 1,131,190 15,982,813
Persons under 5 years old, percent, 2008 5.9% 6.2%
Persons under 18 years old, percent, 2008 20.8% 21.8%
Persons 65 years old and over, percent, 2008 22.1% 17.4%
Female persons, percent, 2008 51.2% 50.9%
White persons, percent, 2008 (a) 79.4% 79.8%
Black persons, percent, 2008 (a) 16.5% 15.9%
American Indian and Alaska Native persons, percent, 2008 (a) 0.6% 0.5%
Asian persons, percent, 2008 (a) 2.2% 2.3%
Native Hawaiian and Other Pacific Islander, percent, 2008 (a) 0.1% 0.1%
Persons reporting two or more races, percent, 2008 1.2% 1.4%
Persons of Hispanic or Latino origin, percent, 2008 (b) 17.8% 21.0%
White persons not Hispanic, percent, 2008 63.3% 60.3%
Living in same house in 1995 and 2000, pct 5 yrs old & over 49.5% 48.9%
Foreign born persons, percent, 2000 17.4% 16.7%
Language other than English spoken at home, pct age 5+, 2000 21.7% 23.1%
High school graduates, percent of persons age 25+, 2000 83.6% 79.9%
Bachelor's degree or higher, pct of persons age 25+, 2000 27.7% 22.3%
Persons with a disability, age 5+, 2000 224,178 3,274,566
Mean travel time to work (minutes), workers age 16+, 2000 25.7 26.2
Housing units, 2008 640,851 8,800,294
Homeownership rate, 2000 74.7% 70.1%
Housing units in multi-unit structures, percent, 2000 41.1% 29.9%
Median value of owner-occupied housing units, 2000 $135,200 $105,500
Households, 2000 474,175 6,337,929
Persons per household, 2000 2.34 2.46
Median household income, 2008 $52,807 $47,802
Per capita money income, 1999 $28,801 $21,557
Persons below poverty level, percent, 2008 11.7% 13.3%
Business QuickFactsPalm Beach CountyFlorida
Private nonfarm establishments, 2007 44,080 523,4611
Private nonfarm employment, 2007 494,254 7,425,3311
Private nonfarm employment, percent change 2000-2007 10.2% 19.4%1
Nonemployer establishments, 2007 128,932 1,618,119
Total number of firms, 2002 130,332 1,539,207
Black-owned firms, percent, 2002 6.3% 6.6%
American Indian and Alaska Native owned firms, percent, 2002 0.5% 0.6%
Asian-owned firms, percent, 2002 2.3% 2.7%
Native Hawaiian and Other Pacific Islander owned firms, percent, 2002 0.1% 0.1%
Hispanic-owned firms, percent, 2002 10.2% 17.3%
Women-owned firms, percent, 2002 29.0% 28.4%
Manufacturers shipments, 2002 ($1000) 3,204,558 78,474,770
Wholesale trade sales, 2002 ($1000) 14,804,170 219,490,896
Retail sales, 2002 ($1000) 16,480,821 191,805,685
Retail sales per capita, 2002 $13,879 $11,498
Accommodation and foodservices sales, 2002 ($1000) 2,266,130 29,366,940
Building permits, 2008 2,183 61,042
Federal spending, 2008 9,008,317 149,872,1781
Geography QuickFactsPalm Beach CountyFlorida
Land area, 2000 (square miles) 1,974.11 53,926.82
Persons per square mile, 2000 573.0 296.4
FIPS Code 099 12
Metropolitan or Micropolitan Statistical Area Miami-Fort Lauderdale-Miami Beach, FL Metro Area

Social Characteristics

Estimate

Percent

U.S.

Margin of Error

Average household size

2.46

(X)

2.61

+/-0.01

Average family size

3.08

(X)

3.20

+/-0.03

Population 25 years and over

902,450

+/-181

High school graduate or higher

(X)

86.5

84.5%

(X)

Bachelor's degree or higher

(X)

31.5

27.4%

(X)

Civilian veterans (civilian population 18 years and over)

114,872

11.5

10.1%

+/-2,403

With a Disability

(X)

(X)

(X)

(X)

Foreign born

273,190

21.6

12.5%

+/-5,472

Male, Now married, except separated (population 15 years and over)

267,290

53.1

52.2%

+/-3,227

Female, Now married, except separated (population 15 years and over)

255,529

47.3

48.2%

+/-3,430

Speak a language other than English at home (population 5 years and over)

308,730

26.0

19.6%

+/-5,228

Household population

1,243,466

+/-2,933

Group quarters population

(X)

(X)

(X)

(X)

Economic Characteristics

Estimate

Percent

U.S.

Margin of Error

In labor force (population 16 years and over)

612,269

59.6

65.2%

+/-4,274

Mean travel time to work in minutes (workers 16 years and over)

25.0

(X)

25.3

+/-0.3

Median household income (in 2008 inflation-adjusted dollars)

54,301

(X)

52,175

+/-683

Median family income (in 2008 inflation-adjusted dollars)

65,799

(X)

63,211

+/-1,224

Per capita income (in 2008 inflation-adjusted dollars)

34,302

(X)

27,466

+/-599

Families below poverty level

(X)

7.3

9.6%

(X)

Individuals below poverty level

(X)

10.8

13.2%

(X)

Housing Characteristics

Estimate

Percent

U.S.

Margin of Error

Total housing units

636,938

+/-1,193

Occupied housing units

506,341

79.5

88.0%

+/-3,200

Owner-occupied housing units

376,168

74.3

67.1%

+/-3,144

Renter-occupied housing units

130,173

25.7

32.9%

+/-2,995

Vacant housing units

130,597

20.5

12.0%

+/-2,918

Owner-occupied homes

376,168

+/-3,144

Median value (dollars)

299,000

(X)

192,400

+/-3,495

Median of selected monthly owner costs

With a mortgage (dollars)

1,921

(X)

1,508

+/-21

Not mortgaged (dollars)

620

(X)

425

+/-7

Demographic Estimates

Estimate

Percent

U.S.

Margin of Error

Total population

1,262,353

*****

Male

615,343

48.7

49.3%

+/-176

Female

647,010

51.3

50.7%

+/-176

Median age (years)

43.0

(X)

36.7

+/-0.1

Under 5 years

74,851

5.9

6.9%

+/-258

18 years and over

996,215

78.9

75.5%

+/-153

65 years and over

274,828

21.8

12.6%

+/-154

One race

1,246,396

98.7

97.8%

+/-1,831

White

940,927

74.5

74.3%

+/-4,695

Black or African American

197,641

15.7

12.3%

+/-1,572

American Indian and Alaska Native

4,470

0.4

0.8%

+/-765

Asian

27,470

2.2

4.4%

+/-729

Native Hawaiian and Other Pacific Islander

655

0.1

0.1%

+/-333

Some other race

75,233

6.0

5.8%

+/-4,505

Two or more races

15,957

1.3

2.2%

+/-1,831

Hispanic or Latino (of any race)

218,060

17.3

15.1%

*****


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