Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Health & Safety
Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Located in the state of Florida, Palm Coast is a medium-sized city with a population of 88,222 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (77% White). Given that fact, Palm Coast could be considered less diverse than other cities. Based on an average age of 49, Palm Coast appears to be well-suited for seniors or retirees as the average age is well above the national average. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Palm Coast, your commute time will align closely with the national average, spanning a one-way duration of approximately 27 minutes.
Without the right tools, moving to any new town can be very stressful and challenging. Living in Palm Coast, Florida could be a fulfilling experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Using the livability score which includes data from categories like crime, cost of living, health & safety, you can easily compare the best places to live in Palm Coast and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Palm Coast to Florida and the national average.
Using data and statistics Palm Coast has received a livability score of 67/100. This score is ranked in the 68th percentile when compared to all other cities. If we dig down a little deeper into each category within the livability score, we see that Palm Coast has higher than average rankings for the following: cost of living (A) and housing (A+). There are some categories that Palm Coast ranks poorly for, including: amenities (F) and crime (D). It might be worth taking a closer look to determine why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Palm Coast, the unemployment rate stands at 2.21%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Palm Coast excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Palm Coast is actually affordable. Median real estate prices in Palm Coast come in at $226,100, which is 35.6% higher than the Florida average. The home price to income ratio compares the median home prices to the median household income. In Palm Coast, the home price to income ratio is 3.9, which is 14.7% higher than the Florida average.
| Statistic | Palm Coast | Florida | National |
| Average one way commute | 27min | 27min | 26min |
| Workers who drive to work | 80.9% | 79.5% | 76.4% |
| Workers who carpool | 9.8% | 9.3% | 9.3% |
| Workers who take public transit | 0.3% | 2.1% | 5.1% |
| Workers who bicycle | 0.1% | 0.7% | 0.6% |
| Workers who walk | 0.3% | 1.5% | 2.8% |
| Working from home | 7.6% | 5.4% | 4.6% |
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