Royal Palm Beach today
What this means
Royal Palm Beach gained 2.4% in value over 12 months, ahead of most of Florida.
Rents are area estimates; check comps for the exact house. Sources and method: how these figures are built.
Quick facts
| Royal Palm Beach | vs Palm Beach County | vs Florida | |
|---|---|---|---|
| Population | 42,477 (2025 estimate) | ||
| Growth since 2020 | 7.7% | +2.1 pts | -1.2 pts |
| Median home value | $437,700 | 2% lower | 22% higher |
| Median gross rent | $2,273 | 19% higher | 36% higher |
| Median household income | $96,027 | 15% higher | 29% higher |
| Owner occupied homes | 82.3% | +12.2 pts | +14.7 pts |
| Residents 65 and older | 18.9% | -5.9 pts | -2.4 pts |
| Average commute (minutes) | 31 | 16% higher | 10% higher |
| Homes built 2010 or later | 8.3% | -0.9 pts | -5.9 pts |
| Median property tax paid | $3,278 | 15% lower | 20% higher |
Census survey figures are 2020 to 2024 averages; methods.
Living in Royal Palm Beach
Palm Beach County village about 15 miles inland, developed on former swamp and incorporated in 1959.
Royal Palm Beach is a village with its own government, located in Palm Beach County.
Known for: Royal Palm Beach Commons; Pines Natural Area
A building boom from 1979 into the 1990s filled out the village.
Next to the rest of Palm Beach County, less of the housing is in apartment and condo buildings (15.4% vs 31.4%); fewer homes are seasonal or vacation homes (2.1% vs 9.5%); more homes are owner occupied (82.3% vs 70.1%) and Census median rent runs higher ($2,273 vs $1,916 countywide).
If you like the numbers here, also look at Pembroke Pines ($439,500, $2,046), The Hammocks ($468,100, $2,187), Hunters Creek ($450,100, $2,088).
Growth and housing
Royal Palm Beach changed 7.7% in population from 2020 to 2025 (county 5.6%, Florida 8.9%).
| 2025 building permits | Royal Palm Beach |
|---|---|
| Single family | 44 |
| 5 or more units | 5 |
| Total units | 49 |
| Per 1,000 residents | 1.2 |
Median year built: 1990. Most housing is single family (65%). Average household size is 2.86.
Each year about 2% of residents arrive from other states.
Risks to price in
| Risk item | Detail |
|---|---|
| County average homeowners insurance with wind | $6,323 a year |
| Hurricanes tied to Palm Beach County since 2000 | Frances (2004) |
| Coastal county | check flood zone and elevation per address |
Flood, storms and jobs
The city earned Community Rating System class 5; federal flood policies in its high risk zones cost 25% less. Since 2000, flood insurance has paid $163,109 on 28 claims inside Royal Palm Beach. For county flood claims, disaster history and jobs, see the Palm Beach County guide (8.2% of homes there are in high risk zones).
Buying a home in Royal Palm Beach
| 2026 loan limits (county) | Amount |
|---|---|
| FHA, one unit | $667,000 |
| Conforming, one unit | $832,750 |
| Median home value here | $437,700 |
Homes cost 4.6 times median household income here (Palm Beach County 5.3, Florida 4.8).
- Conventional: mortgage insurance drops off as equity builds.
- FHA: works for the typical $437,700 home here.
Investing in Royal Palm Beach
Long term rentals
| Royal Palm Beach | vs Palm Beach County | |
|---|---|---|
| Renter occupied homes | 17.7% | -12.2 pts |
| Rental vacancy | 2.1% | -5.2 pts |
| Rent as share of renter income | 31.9% | -4.9 pts |
Short term rentals
2.1% of homes are held for seasonal or vacation use (Palm Beach County 9.5%).
| Short term rental taxes | Rate |
|---|---|
| County tourist development tax | 6% |
| State sales tax | 6% plus any county surtax |
Get the zoning and HOA answer in writing before you count on nightly income. State rules
Property types
| Housing stock | Share |
|---|---|
| Single family detached | 65% |
| Buildings with 5+ units | 15.4% |
| Manufactured homes | 0.5% |
Nearby
Other Florida markets
Sources
- U.S. Census Bureau, American Community Survey 2020 to 2024 5 year estimates. 2020 to 2024.
- U.S. Census Bureau, Population Estimates, Vintage 2025. July 1, 2025.
- U.S. Census Bureau, Building Permits Survey, 2025 annual. 2025.
- FFIEC HMDA Data Browser, originated loans. 2025 and 2024.
- LendingTree: 2026 FHA loan limits in Florida by county (HUD figures). 2026.
- Florida Realtors: FHFA sets 2026 conforming loan limits. 2026.
- Florida Office of Economic and Demographic Research: 2026 local option tourist tax rates. 2026.
- Florida Office of Insurance Regulation, July 2026 Insurance Stability Unit report (average homeowners premium with wind, as of March 31, 2026). March 31, 2026.
- Freddie Mac Primary Mortgage Market Survey. week of October 22, 2026.
- Wikipedia: List of counties in Florida. checked October 2026.
- U.S. Census Bureau county adjacency file. 2024.
- Wikipedia county article and statewide lists (colleges, teams, airports); Florida Defense Support Task Force installation map. checked October 2026.
- Wikipedia article for this place (history, setting, roads). checked October 2026.
- Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted. September 2026.
- Federal Housing Finance Agency House Price Index (county annual, metro and state quarterly, all transactions). through Q2 2026.
- U.S. Census Bureau, Building Permits Survey, January to September 2026 and 2025. September 2026.
- FEMA OpenFEMA, NFIP Residential Penetration Rates. as of August 2026.
- FEMA OpenFEMA, FIMA NFIP Redacted Claims (2000 to 2026). as of September 2026.
- FEMA OpenFEMA, NFIP Community Status Book (Community Rating System class). August 2026.
- FEMA OpenFEMA, Disaster Declarations Summaries (2000 to 2026). October 2026.
- U.S. Census Bureau, County Business Patterns 2023. 2023.
- U.S. Census Bureau, ACS 2020 to 2024, median gross rent by bedrooms (B25031). 2020 to 2024.
- Hurricane landfalls: Wikipedia, List of Florida hurricanes (2000 to present). checked October 2026.
Estimates from public data; they change over time. General information, not investment, tax or legal advice, and not a loan offer. Methods and assumptions.