West Palm Beach, Florida (33417) is a vibrant and thriving city located on the Atlantic coast in Palm Beach county. The city has something for everyone from young professionals to retirees. It is known for its white sand beaches, beautiful parks, and outdoor activities such as sailing, boating, and fishing. For those looking to move to West Palm Beach, there are many housing options available. The average two bedroom rent in this area is $1,700 per month while the national average is $1,430 per month according to data from 2019. Additionally, grocery costs in West Palm Beach are slightly higher than the national average with an index of 100 versus 100 nationally.
One of the advantages of living in West Palm Beach is its diverse job market with plenty of opportunities. Major companies based in West Palm Beach include Modernizing Medicine, Vista Health System, G4S Secure Solutions USA, Oasis Outsourcing Inc., and B/E Aerospace. Despite being higher than the US average in some areas such as rent and groceries, overall West Palm Beach still offers a reasonable cost of living that makes it attractive to potential residents looking for work or a new place to call home.
West Palm Beach (zip 33417) has an unemployment rate of 5.0%. The US average is 6.0%.
West Palm Beach (zip 33417) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 39.4%, which is higher than the US average of 33.5%.
Tax Rates for West Palm Beach (zip 33417)
- The Sales Tax Rate for West Palm Beach (zip 33417) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for West Palm Beach (zip 33417) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for West Palm Beach (zip 33417)
- The average income of a West Palm Beach (zip 33417) resident is $19,144 a year. The US average is $28,555 a year.
- The Median household income of a West Palm Beach (zip 33417) resident is $43,599 a year. The US average is $69,021 a year.