Palm Valley 70 Excellent
Palm Valley Livability #420 ranked city in Florida#6,809 ranked city in the USARanks better than 76% of areas

Pros and Cons of Living in Palm Valley

PROS
  • Crime

    Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.

  • Employment

    Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.

  • 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.

  • Schools

    The schools category earns a high score due to factors like exceptional test scores, strong education levels and the close proximity of elementary and high schools in this area.

  • Ratings

    Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.

CONS
  • 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.

  • Cost Of Living

    Living in this region comes with a high cost of living, translating to elevated costs for homes, goods and services, groceries, utilities, health care and transportation.

  • Health & Safety

    The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.

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What's it like Living in Palm Valley?

Palm Valley is a moderately-sized city located in the state of Florida. The city has a population of 20,540 inhabitants. The majority of Palm Valley residents report their race to be White; this is followed by Black and Asian. The Palm Valley population appears to be aging at a faster rate than normal. The median age is currently 50, which is on the high side when compared to most other cities. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Palm Valley, your commute times will be about average, with a one way commute time of 27 minutes.

If you’re considering relocating to any new city, it could be a very discouraging task. However, it could also be a positive experience if you are willing to get to know the area before actually living in Palm Valley, Florida. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Finding the best places to live in Palm Valley and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, health & safety, employment and other important metrics.

With a livability score of 69 out of 100, Palm Valley is ranked #7,164 in the United States and #400 in Florida. Based on the rankings for each individual category, Palm Valley has been rewarded with high marks for crime (A+), education (A+) and housing (A-). There is at least one category that does not have great scores in Palm Valley. The following was graded with a disappointing score: amenities (F) and cost of living (F).

Unemployment rates can range pretty dramatically from one city to another. Knowing that Palm Valley has an unemployment rate of 1.45% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.

Standardized school test scores offer a valuable benchmark for assessing the quality of educational programs, instructional methods, and curriculum effectiveness. Recognizing that Palm Valley schools excel in test scores is a crucial consideration when determining the suitability of this area for residence. The local schools boast an impressive average test score of 88%, significantly higher than the national average. This stellar academic performance not only attests to the excellence of the educational system but also underscores the area's commitment to providing a high-quality education, making Palm Valley an appealing choice for those prioritizing their children's educational prospects.

A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Palm Valley has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.

Palm Valley real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Palm Valley. Median real estate prices in Palm Valley come in at $492,200, which is 195.1% higher than the Florida average. The home price to income ratio compares the median home prices to the median household income. In Palm Valley, the home price to income ratio is 4.5, which is 32.4% higher than the Florida average.

Best Places to Live in and Around Palm Valley

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Compare Palm Valley, FL Livability

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      Palm Valley transportation information

      Statistic Palm Valley Florida National
      Average one way commute27min27min26min
      Workers who drive to work80.1%79.5%76.4%
      Workers who carpool3.0%9.3%9.3%
      Workers who take public transit0.0%2.1%5.1%
      Workers who bicycle0.1%0.7%0.6%
      Workers who walk1.2%1.5%2.8%
      Working from home14.7%5.4%4.6%
      Source: The Palm Valley, FL data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).