West Palm Beach is a city located in Florida's Palm Beach County that houses over 111,000 people. The city has seen a steady population growth since the 2000s and is home to many local companies such as NextEra Energy Inc., Oasis Outsourcing, and Raytheon Technologies Corporation. The median two bedroom apartment rent currently stands at $1,620 which is higher than the national average of $1,430. The grocery cost index in West Palm Beach stands at 103 compared to the national average of 100. Overall, West Palm Beach has an active real estate market with rising rents and businesses that provide employment opportunities for residents.
West Palm Beach (zip 33415) has an unemployment rate of 4.6%. The US average is 6.0%.
West Palm Beach (zip 33415) 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 38.8%, which is higher than the US average of 33.5%.
Tax Rates for West Palm Beach (zip 33415)
- The Sales Tax Rate for West Palm Beach (zip 33415) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for West Palm Beach (zip 33415) 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 33415)
- The average income of a West Palm Beach (zip 33415) resident is $17,081 a year. The US average is $28,555 a year.
- The Median household income of a West Palm Beach (zip 33415) resident is $47,815 a year. The US average is $69,021 a year.