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CENSUS TRACT

Census Tract 78.05

Florida · Palm Beach County · 7,241 residents · 10.848 sq mi
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2.102.132.1478.2378.05
TRACT SHAPE · Palm Beach County, FL
The short version

Census Tract 78.05 is significantly wealthier than the US average, with a median household income of $146,362. Population has held roughly steady since 2020. 53% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value has more than doubled since 2020, reaching $884,100. With a median age of 44.9, the population is older than the US median of 38.9. Households here earn about 75% more than the Palm Beach County median.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 44.9
US median: 38.9
More educated
53% hold a bachelor's degree
US average: 36%
Less affordable
home values up 53%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
7,241
+14%since 2020
from 6,363 in 2020
2020 – 2024
Population density
667 / sq mi
+14%since 2020
from 587 / sq mi in 2020
US average: 281
Median age
44.9
−1%since 2020
from 45.5 in 2020
US average: 38.9
Population, 20202024
6K7K7K7K7K20202024Census Tract 78.05
20247K
20202024
Section 02

Income & economy

Median household income
$146,362
−13%inflation adjusted, since 2020
from $139,323 in 2020
US average: $82,259
2020 – 2024
Per capita income
$77,871
+15%since 2020
from $67,427 in 2020
US average: $44,673
Households earning $100K+
85.5%
+0.6 ptssince 2020
from 84.9% in 2020
US average: 53.3%
Poverty rate
2.7%
+1.0 ptssince 2020
from 1.7% in 2020
US average: 12.5%
Income inequality (Gini)
0.421
+1%since 2020
from 0.418 in 2020
US average: 0.476
Workforce by industry, 2024
Other services14.4%
US avg: 6.7%
Wholesale trade12.4%
US avg: 6.9%
Information10.4%
US avg: 10.8%
Public administration6.6%
US avg: 4.8%
Finance & insurance6.3%
US avg: 5.9%
Education & health services4.9%
US avg: 0.9%
Retail trade4.6%
US avg: 9.9%
Arts, entertainment, food1.6%
US avg: 1.9%
Professional, scientific, technical1.4%
US avg: 5.1%
Transportation & warehousing1.3%
US avg: 2.2%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$884,100
+53%inflation adjusted, since 2020
from $475,600 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$3,501
US average: $1,442
Owner-occupied
96.6%
−0.3 ptssince 2020
from 97.0% in 2020
3.4% rent
Vacancy rate
6.5%
−7.2 ptssince 2020
from 13.7% in 2020
US average: 10.0%
Owner cost-burdened
31.2%
+7.2 ptssince 2020
from 24.0% in 2020
US average: 22.9%
Renter cost-burdened
24.4%
+24.4 ptssince 2020
from 0.0% in 2020
US average: 47.4%
Afford Score
6.0
+77%since 2020
from 3.4 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 78.05 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic80.9%(5,148)
Black0.8%(54)
Hispanic / Latino12.7%(809)
Asian2.4%(153)
Other3.1%(199)
Diversity Score41%(2,606)
2024
White, non-Hispanic84.8%(6,141)
Black1.2%(86)
Hispanic / Latino8.1%(588)
Asian1.8%(132)
Other4.1%(294)
Diversity Score34%(2,462)
Diversity Score
34
−17%since 2020
from 41 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
53.1%
+12.9 ptssince 2020
from 40.2% in 2020
US average: 35.6%
High school or higher
96.8%
+2.2 ptssince 2020
from 94.6% in 2020
US average: 89.6%
Graduate degree
20.6%
+7.0 ptssince 2020
from 13.6% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
28.3 min
−20%since 2020
from 35.3 min in 2020
US average: 26.5
Drive alone to work
63.5%
−16.9 ptssince 2020
from 80.4% in 2020
US average: 68.9%
Carpooled to work
5.0%
−5.2 ptssince 2020
from 10.2% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
29.6%
+21.2 ptssince 2020
from 8.4% in 2020
US average: 15.0%
Walked to work
1.3%
+1.3 ptssince 2020
from 0.0% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
0.7%
−0.4 ptssince 2020
from 1.1% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.5%
+2.2 ptssince 2020
from 1.3% in 2020
US average: 5.2%
Labor force participation
52.6%
−13.4 ptssince 2020
from 66.0% in 2020
US average: 63.5%
Self-employed
14.6%
+3.7 ptssince 2020
from 11.0% in 2020
US average: 13.1%
Management & professional
53.2%
−1.5 ptssince 2020
from 54.7% in 2020
US average: 42.5%
Section 08

People & community

Male
49.7%
+3.2 ptssince 2020
from 46.6% in 2020
Female
50.3%
−3.2 ptssince 2020
from 53.4% in 2020
Foreign born
8.6%
−1.9 ptssince 2020
from 10.4% in 2020
US average: 14.1%
Veterans
5.9%
−1.7 ptssince 2020
from 7.6% in 2020
US average: 6.2%
With a disability
9.7%
+2.5 ptssince 2020
from 7.2% in 2020
US average: 13.3%
Uninsured
3.1%
−3.9 ptssince 2020
from 7.0% in 2020
US average: 8.4%
Broadband at home
98.6%
+1.6 ptssince 2020
from 97.0% in 2020
US average: 91.0%
English only at home
89.9%
+3.4 ptssince 2020
from 86.5% in 2020
US average: 77.7%
Spanish at home
5.5%
−3.7 ptssince 2020
from 9.3% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 7,241 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $146,362 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $884,100, and the typical rent is about $3,501 a month.

How educated are people in this census tract?

About 53.1% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 2.7% of people in this census tract live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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