Palm Coast is a relatively large coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 106,729 people and 18 associated neighborhoods, Palm Coast is the 31st largest community in Florida. There's nothing like the smell of a brand new house, and in Palm Coast, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Palm Coast, and putting down their money on brand new construction. Palm Coast’s real estate is, on average, some of the newest in the nation. Palm Coast does seem to be experiencing an influx of affluent people, because the median household income is $77,350.00.
Also of interest is that Palm Coast has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 17.43% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Palm Coast is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
The overall education level of Palm Coast citizens is substantially higher than the typical US community, as 29.68% of adults in Palm Coast have at least a bachelor's degree, and the average American community has 21.84%.
The per capita income in Palm Coast in 2022 was $42,023, which is middle income relative to Florida, and upper middle income relative to the rest of the US. This equates to an annual income of $168,092 for a family of four. However, Palm Coast contains both very wealthy and poor people as well.
Palm Coast is a very ethnically-diverse city. The people who call Palm Coast home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Palm Coast residents report their race to be White, followed by Black or African-American. Palm Coast also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 13.46% of the city’s residents. Important ancestries of people in Palm Coast include German, Irish, English, Italian, and Polish.
The most common language spoken in Palm Coast is English. Other important languages spoken here include Spanish and Portuguese.