Florida · Census place 62118
Royal Palm Estates CDP, FL
Quick answer
Royal Palm Estates CDP has 1,722 residents, ranking #706 of 955 places in Florida. Median household income is $51,461, the median home is worth $321,200 and median gross rent runs $2,016 a month.
- Population
- 1,722Royal Palm Estates CDP residents
- Median household income
- $51,461Past 12 months, inflation adjusted
- Median home value
- $321,200Owner-occupied units
- Median gross rent
- $2,016Rent plus utilities, monthly
- Median age
- 36 yrsAll residents
- Homeownership rate
- 61.1%Owner-occupied households
What the numbers mean in Royal Palm Estates CDP
Housing cost measured against local earnings.
A household earning the Royal Palm Estates CDP median would spend about 47% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 6.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 26.5% of residents and 61.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Florida.
- Lake Kerr CDP 1,767
- Verandah CDP 1,766
- Manasota Key CDP 1,741
- Inglis town 1,693
- Pine Island Center CDP 1,668
- South Palm Beach town 1,667
- Christmas CDP 1,665
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