Area Insights of 33401, West Palm Beach, FL

Stay ahead with market trends and local insights that matter.

Demand Insights

The market maintains its steady pace indicating a consistent buyer interest. A total of 407 homes were sold with 152 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

33401, West Palm Beach, FL

Date

06-04-2023

Price Ratio

95%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

New Generation Montessori Wpb

PK to KG

The Bilgrav School

1 to 7

Palm Beach Christian Academy

PK to 5

Rosarian Academy

PK to 8

St Ann Catholic School

PK to 8

Middle School

No schools available

High School

Alexander W Dreyfoos Junior School of the Arts

9 to 12

Ratings

A

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 24% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (32,060)
15,543 Male
16,517 Female
Education
19% High School
9% Associate
25% Bachelor
19% Graduate
Age

Average Age is 39 Years

Household Details

The area's household landscape is diverse, with 39% owner-occupied homes and 61% renter-occupied properties. Family households represent 42% of the population, indicating a strong community focus on family living. The average home value stands at $802,487, which suggests ample demand for multi-bedroom properties.

Total Households
16,432
Average home value
$802,487
Owned
39%
Rented
61%
Vacant
16%
Families
42%
Married
25%
With children
19%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 2% Asian, 33% Black, and 0% Native residents, alongside 46% White and 18% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 27% of households earning over $100,000 annually, while 26% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
4%
Healthcare
14%
Professional
9%
Education
5%
Services
35%
Labor
12%
Retail
12%
Other
9%
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