HomeFloridaMartin CountyPalm City
Palm City, Florida: commercial real estate data.
Palm City is a Census CDP of 26,371 people across 13.86 square miles of land, in Martin County. Median household income is $125,820, 89.7 percent of occupied homes are owned, and the SBA record carries 46 7(a) approvals to borrowers here worth $22.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Palm City
What Palm City is
- Census place typeCDP
- Land area13.86 sq mi
- Water area2.52 sq mi
- Population per square mile of land1,903
- County holding the largest share of its areaMartin County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palm City
How many people live in Palm City
- Population26,371
- Median age52.1
- Population under 184,849
- Share under 1818.4 percent
- Population 65 and over7,621
- Share 65 and over28.9 percent
- Households10,354
- Family households7,642
- Share of households that are families73.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palm City
Income and work in Palm City
- Median household income$125,820
- Per capita income$66,506
- Civilian labor force12,922
- Employed12,295
- Unemployed627 plus or minus 306
- Unemployment rate4.9 percent plus or minus 2.3
- Adults 25 and over19,873
- Adults 25 and over with a high school diploma or higher97.1 percent
- Adults 25 and over with a bachelor degree or higher47.6 percent
- Adults 25 and over with a graduate degree18.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palm City
Housing in Palm City
- Housing units11,607
- Occupied units10,354
- Vacant units1,253 plus or minus 309
- Vacancy rate10.8 percent plus or minus 2.6
- Owner occupied9,292
- Renter occupied1,062 plus or minus 252
- Ownership rate89.7 percent
- Median owner-occupied home value$563,400
- Median gross rent, monthly$2,013
- Annual rent as a share of median income19.2 percent
- Single family units9,988
- Share single family86.1 percent
- Units in buildings of two or more1,603 plus or minus 321
- Share in buildings of two or more13.8 percent
- Mobile homes16 plus or minus 18
- Median year structure built1993
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palm City
How Palm City gets to work
- Workers 16 and over who commute8,999
- Commuting under 15 minutes2,159
- Share commuting under 15 minutes24.0 percent
- Commuting 30 minutes or more4,280
- Share commuting 30 minutes or more47.6 percent
- Drove alone67.5 percent
- Carpooled5.9 percent plus or minus 2.2
- Public transport0.2 percent plus or minus 0.3
- Walked0.6 percent plus or minus 0.6
- Worked from home24.7 percent plus or minus 5.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palm City
SBA loans in Palm City (7(a))
- Approvals46
- Gross approval$22,515,700
- Average approval$489,472
- Median approval$220,000
- Ninetieth percentile approval$1,141,450
- Largest approval$4,250,000
- Jobs supported672
- Jobs per approval14.6
- Loans with a final outcome11
- Paid in full10
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises13.0 percent
- Distinct lenders26
- Distinct industries by NAICS29
Counted by borrower city: approvals to borrowers whose address is in Palm City, in any county, FY2020 to FY2026. Only 11 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Palm City
SBA loans in Palm City (504)
- Approvals7
- Gross approval$7,231,000
- Average approval$1,033,000
- Median approval$959,000
- Largest approval$2,256,000
- Jobs supported76
- Loans with a final outcome2
- Charged off0
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Palm City, in any county, FY2010 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Martin County, not Palm City
Martin County context, not Palm City figures
- Establishments in Martin County6,400
- Covered employment, Martin County76,510
- Average annual pay, Martin County$59,415
- Housing units permitted, Martin County646
Every figure in this section is published for Martin County as a whole and is not a measurement of Palm City.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Palm City questions, answered from the record.
How many people live in Palm City, Florida?
26,371, in 10,354 households. Palm City CDP covers 13.86 square miles of land, which is 1,903 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Palm City in?
Martin County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Palm City?
$125,820. The median owner-occupied home is valued at $563,400. Median gross rent is $2,013 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Palm City businesses?
46 7(a) approvals totaling $22.5 m since FY2020, across 26 lenders, median approval $220,000, plus 7 504 approvals worth $7.2 m since FY2010. These count approvals to borrowers whose address is in Palm City, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Palm City borrowers get paid back?
No rate is published for Palm City. Only 11 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Palm City figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Martin County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Palm City.
Is zoning published for Palm City?
No. Nothing on this page presents parcel level zoning.