Income & Economy in Palm Coast, FL

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$71,840

-2% vs national

Per Capita Income

$39,634

+7% vs national

Poverty Rate

9.5%

-30% vs national

Gini Index

0.4427

0 = perfect equality

Unemployment

3.8%

-26% vs national

SNAP Recipients

7.7%

of households

How Palm Coast Compares

Source: Census ACS (2023)

Palm Coast vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 50,000 - 100,000 residents. Palm Coast is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Palm Coast. The median household income here is $71,840.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
12.5%
$25-50K
22.9%
$50-75K
16.4%
$75-100K
14.3%
$100-150K
18.6%
$150-200K
7.4%
$200K+
7.8%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

3.8%

-22% vs FL avg

Labor Force

41,263

Employed

39,559

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

22.0%

of adults 25+

High School Diploma+

44.6%

of adults 25+

Median Age

50.8

Work from Home

15.2%

of workers

The median household income in Palm Coast, FL is $71,840, which is 1.9% below the national average of $73,224. Per capita income is $39,634. The poverty rate of 9.5% is lower than the FL state average of 13.5%. The Gini index of income inequality is 0.4427, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.8%, compared to the state average of 4.9%. 22.0% of adults hold a bachelor's degree or higher.