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CENSUS TRACT

Census Tract 78.40

Florida · Palm Beach County · 1,929 residents · 0.578 sq mi
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78.1278.1878.2078.2178.3778.3878.4178.4478.4578.40
TRACT SHAPE · Palm Beach County, FL
The short version

Census Tract 78.40 is wealthier than most US places, with a median household income of $106,477. Population has held roughly steady since 2020. Median home value has risen by half since 2020, reaching $459,600. Poverty is rare here, at 5.0% of residents. Households here earn about 27% more than the Palm Beach County median.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 42.3
US median: 38.9
Less educated
24% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,929
+7%since 2020
from 1,795 in 2020
2020 – 2024
Population density
3,337 / sq mi
+7%since 2020
from 3,106 / sq mi in 2020
US average: 281
Median age
42.3
+9%since 2020
from 38.7 in 2020
US average: 38.9
Population, 20202024
2K2K2K2K2K20202024Census Tract 78.40
20242K
20202024
Section 02

Income & economy

Median household income
$106,477
+1%inflation adjusted, since 2020
from $86,806 in 2020
US average: $82,259
2020 – 2024
Per capita income
$37,032
+25%since 2020
from $29,512 in 2020
US average: $44,673
Households earning $100K+
73.4%
+19.9 ptssince 2020
from 53.5% in 2020
US average: 53.3%
Poverty rate
5.0%
+1.2 ptssince 2020
from 3.8% in 2020
US average: 12.5%
Income inequality (Gini)
0.282
−4%since 2020
from 0.293 in 2020
US average: 0.476
Workforce by industry, 2024
Wholesale trade17%
US avg: 6.9%
Information16%
US avg: 10.8%
Finance & insurance5.8%
US avg: 5.9%
Professional, scientific, technical4.1%
US avg: 5.1%
Retail trade3.3%
US avg: 9.9%
Other services2.2%
US avg: 6.7%
Education & health services1.7%
US avg: 0.9%
Transportation & warehousing1%
US avg: 2.2%
Arts, entertainment, food0.6%
US avg: 1.9%
Public administration0.6%
US avg: 4.8%
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
$459,600
+24%inflation adjusted, since 2020
from $304,700 in 2020
US average: $376,019
2020 – 2024
Owner-occupied
92.7%
+2.8 ptssince 2020
from 89.8% in 2020
7.3% rent
Vacancy rate
0.0%
−6.2 ptssince 2020
from 6.2% in 2020
US average: 10.0%
Owner cost-burdened
28.7%
+12.1 ptssince 2020
from 16.7% in 2020
US average: 22.9%
Renter cost-burdened
65.2%
+0.3 ptssince 2020
from 64.9% in 2020
US average: 47.4%
Afford Score
4.3
+23%since 2020
from 3.5 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 78.40 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic60.4%(1,084)
Black5.7%(103)
Hispanic / Latino24.6%(441)
Asian5.6%(100)
Other3.7%(67)
Diversity Score70.9%(1,273)
2024
White, non-Hispanic42.5%(819)
Black19.9%(383)
Hispanic / Latino29.2%(564)
Asian3.9%(76)
Other4.5%(87)
Diversity Score86.4%(1,667)
Diversity Score
86
+22%since 2020
from 71 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
24.2%
+2.1 ptssince 2020
from 22.1% in 2020
US average: 35.6%
High school or higher
97.0%
+4.8 ptssince 2020
from 92.2% in 2020
US average: 89.6%
Graduate degree
8.6%
−0.4 ptssince 2020
from 9.0% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
29.6 min
+5%since 2020
from 28.2 min in 2020
US average: 26.5
Drive alone to work
78.3%
−7.5 ptssince 2020
from 85.7% in 2020
US average: 68.9%
Carpooled to work
8.0%
+2.8 ptssince 2020
from 5.3% in 2020
US average: 8.5%
Public transit
0.3%
+0.3 ptssince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
8.4%
−0.1 ptssince 2020
from 8.5% in 2020
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 2.4%
Biked to work
0.0%
−0.5 ptssince 2020
from 0.5% in 2020
US average: 0.4%
No vehicle available
4.8%
+4.8 ptssince 2020
from 0.0% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.9%
−2.1 ptssince 2020
from 7.0% in 2020
US average: 5.2%
Labor force participation
68.7%
−10.1 ptssince 2020
from 78.8% in 2020
US average: 63.5%
Self-employed
15.4%
+11.0 ptssince 2020
from 4.5% in 2020
US average: 13.1%
Management & professional
31.8%
−2.2 ptssince 2020
from 33.9% in 2020
US average: 42.5%
Section 08

People & community

Male
44.3%
−1.0 ptssince 2020
from 45.3% in 2020
Female
55.7%
+1.0 ptssince 2020
from 54.7% in 2020
Foreign born
24.8%
+5.1 ptssince 2020
from 19.7% in 2020
US average: 14.1%
Veterans
6.0%
+1.2 ptssince 2020
from 4.8% in 2020
US average: 6.2%
With a disability
6.3%
−0.7 ptssince 2020
from 7.0% in 2020
US average: 13.3%
Uninsured
9.1%
−3.0 ptssince 2020
from 12.1% in 2020
US average: 8.4%
Broadband at home
98.1%
−1.9 ptssince 2020
from 100.0% in 2020
US average: 91.0%
English only at home
78.3%
+3.7 ptssince 2020
from 74.6% in 2020
US average: 77.7%
Spanish at home
17.5%
−1.6 ptssince 2020
from 19.1% 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 1,929 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 $106,477 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 $459,600.

How educated are people in this census tract?

About 24.2% 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 5.0% 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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