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CENSUS TRACT

Census Tract 78.23

Florida · Palm Beach County · 3,817 residents · 8.043 sq mi
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78.0578.23
TRACT SHAPE · Palm Beach County, FL
The short version

Census Tract 78.23 is significantly wealthier than the US average, with a median household income of $136,520. Population has declined 11% since 2020. Median home value has risen by half since 2020, reaching $671,600. With a median age of 50.1, the population is older than the US median of 38.9. Poverty is rare here, at 3.0% of residents. Households here earn about 63% more than the Palm Beach County median.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 50.1
US median: 38.9
More educated
42% hold a bachelor's degree
US average: 36%
Less affordable
home values up 31%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
3,817
−11%since 2020
from 4,291 in 2020
2020 – 2024
Population density
475 / sq mi
−11%since 2020
from 534 / sq mi in 2020
US average: 281
Median age
50.1
Unchangedsince 2020
from 49.9 in 2020
US average: 38.9
Population, 20202024
4K4K4K4K4K20202024Census Tract 78.23
20244K
20202024
Section 02

Income & economy

Median household income
$136,520
+2%inflation adjusted, since 2020
from $110,469 in 2020
US average: $82,259
2020 – 2024
Per capita income
$63,838
+44%since 2020
from $44,252 in 2020
US average: $44,673
Households earning $100K+
71.5%
+5.5 ptssince 2020
from 66.0% in 2020
US average: 53.3%
Poverty rate
3.0%
+0.2 ptssince 2020
from 2.8% in 2020
US average: 12.5%
Income inequality (Gini)
0.428
+12%since 2020
from 0.383 in 2020
US average: 0.476
Workforce by industry, 2024
Information12.9%
US avg: 10.8%
Wholesale trade12.4%
US avg: 6.9%
Other services8.1%
US avg: 6.7%
Finance & insurance4.6%
US avg: 5.9%
Retail trade4%
US avg: 9.9%
Public administration2.8%
US avg: 4.8%
Professional, scientific, technical2.5%
US avg: 5.1%
Education & health services2.1%
US avg: 0.9%
Transportation & warehousing1.1%
US avg: 2.2%
Agriculture, forestry, fishing0.5%
US avg: 1.6%
Construction0.5%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$671,600
+31%inflation adjusted, since 2020
from $421,800 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$3,296
US average: $1,442
Owner-occupied
96.7%
−2.8 ptssince 2020
from 99.5% in 2020
3.3% rent
Vacancy rate
6.2%
+3.9 ptssince 2020
from 2.3% in 2020
US average: 10.0%
Owner cost-burdened
29.4%
+4.2 ptssince 2020
from 25.2% in 2020
US average: 22.9%
Renter cost-burdened
60.0%
−40.0 ptssince 2020
from 100.0% in 2020
US average: 47.4%
Afford Score
4.9
+29%since 2020
from 3.8 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 78.23 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic87.6%(3,759)
Black0.7%(32)
Hispanic / Latino9.4%(402)
Asian1.7%(75)
Other0.5%(23)
Diversity Score27.9%(1,198)
2024
White, non-Hispanic77.3%(2,951)
Black0%(0)
Hispanic / Latino11.7%(445)
Asian4.9%(188)
Other6.1%(233)
Diversity Score47.8%(1,825)
Diversity Score
48
+71%since 2020
from 28 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
42.4%
+3.3 ptssince 2020
from 39.1% in 2020
US average: 35.6%
High school or higher
95.2%
+0.6 ptssince 2020
from 94.6% in 2020
US average: 89.6%
Graduate degree
15.2%
+1.9 ptssince 2020
from 13.2% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
29.2 min
+9%since 2020
from 26.7 min in 2020
US average: 26.5
Drive alone to work
71.9%
−6.7 ptssince 2020
from 78.6% in 2020
US average: 68.9%
Carpooled to work
5.2%
−3.2 ptssince 2020
from 8.5% in 2020
US average: 8.5%
Public transit
0.1%
+0.1 ptssince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
16.1%
+3.2 ptssince 2020
from 12.9% in 2020
US average: 15.0%
Walked to work
1.0%
+1.0 ptssince 2020
from 0.0% in 2020
US average: 2.4%
Biked to work
3.9%
+3.9 ptssince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
3.9%
+1.8 ptssince 2020
from 2.1% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.6%
+2.3 ptssince 2020
from 1.3% in 2020
US average: 5.2%
Labor force participation
64.2%
+6.9 ptssince 2020
from 57.3% in 2020
US average: 63.5%
Self-employed
12.9%
−0.7 ptssince 2020
from 13.6% in 2020
US average: 13.1%
Management & professional
42.9%
−5.5 ptssince 2020
from 48.4% in 2020
US average: 42.5%
Section 08

People & community

Male
52.0%
−1.3 ptssince 2020
from 53.3% in 2020
Female
48.0%
+1.3 ptssince 2020
from 46.7% in 2020
Foreign born
11.8%
+5.4 ptssince 2020
from 6.4% in 2020
US average: 14.1%
Veterans
3.4%
−4.7 ptssince 2020
from 8.1% in 2020
US average: 6.2%
With a disability
12.9%
+0.5 ptssince 2020
from 12.4% in 2020
US average: 13.3%
Uninsured
7.1%
+1.4 ptssince 2020
from 5.7% in 2020
US average: 8.4%
Broadband at home
97.6%
+0.9 ptssince 2020
from 96.7% in 2020
US average: 91.0%
English only at home
85.1%
−4.9 ptssince 2020
from 89.9% in 2020
US average: 77.7%
Spanish at home
9.1%
+1.0 ptssince 2020
from 8.0% 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 3,817 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 $136,520 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 $671,600, and the typical rent is about $3,296 a month.

How educated are people in this census tract?

About 42.4% 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 3.0% 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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