There are 20 assisted living facilities serving Palm Beach, Florida. This includes 1 facility in Palm Beach and 19 nearby. The average cost per day of assisted living in Florida is about $100, with costs running between $28 and $264 per day. On a monthly basis, this equates to an average cost of $3,000, with costs ranging from around $850 up to $7,920. The average yearly cost is $36,000, which is under the nationwide average of $42,000.
Costs of assisted living in Palm Beach generally range between $1,000 per month and $5,750 per month. The average cost is around $2,750 per month, or around $33,000 per year.
SeniorScore™ for Palm Beach, Florida
The SeniorScore™ is calculated based on over 100 variables, some of which are shown below. The final score is curved based on a linear curving method. For More info visit senioradvice.com/seniorscore.
- Palm Beach scores significantly higher than the Florida average of 76.
- Palm Beach scores significantly higher than the national average of 72.
- There is a very high number of Medicare registered physicians within the city limits.
- There are 9 hospitals within close range of the city, including Good Samaritan Medical Center, Hospice Of Palm Beach County, and Columbia Hospital.
- There are 128 senior living facilities in close proximity to the city, including Adult Quality Care Homes, Garden Villas Assisted Living, and Garden Villas.
- There is a very high number of home healthcare providers operating in the city.
- There is a very high number of fire stations serving the city.
- The average life expectancy is 79.4, compared to the national average of 78.6.
- There are 482 pharmacies within close range of the city.
- The area has a low property crime rate.
- The area has a very low violent crime rate.
- The city has a very high percentage of seniors in the population (75% of residents).
- There are 133 golf courses in or around the city, including The North Course at President Country Club, The, Palm Beach Country Club, and Everglades Golf Course.
- There are 11 parks near the city center, including The Society of the Four Arts, Peanut Island Park, and Lake Lytal Park.
- There are 128 churches in or near the city, including United Pentecostal Church, Church of God, and Mt Gilead Missionary Bapt Chr.
- There are 12 malls / shopping centers within close range of the city.
- There are 248 grocery stores within the city.
- There are 12 movie theatres in or near the city.
- There are 8 gyms or health clubs in or near the city.
- The property taxes average 4.32% of total income, which is significantly higher than the national average of 2.79%.
- The property taxes average 1.02% of property value, which is significantly lower than the national average of 1.09%.
- The city sales taxes averages 6.75%, which is lower than the national average of 6.97%.
- Florida has an average state income tax of 0.00%, compared to the national average of 3.38%.
- The city's mean household income is $215,406, which is significantly lower than the national average of $64,580.
- The city's median household income is $95,347, which is significantly higher than the national median of $51,560.
- The city's per capita income is $123,782, which is significantly lower than the national average of $25,611.
- Assisted living costs average $33,000 per year, which are very low compared to national figures.
- Nursing home costs average $106,580 per year, which are high compared to national costs.
- Adult daycare costs average $16,900 per year, which are average compared to national numbers.
- Home healthcare costs average $37,477 annually, which are very low compared to national costs.
- The unemployment rate is about 5.12%, which is low compared to national averages.
- The overall cost of living is very high compared to national averages.
- 0% of the senior population are financially responsible for at least one grandchild.
- Palm Beach receives very high levels of rainfall each year.
- Palm Beach has ideal mean temperatures, with very mild winters and very warm summers.
- This city has average air quality.
- This city has average water quality.
- Palm Beach has a dense population density of 2,164.8 people per square mile.
- Residents of Palm Beach have a very short daily commute time.
- The city has a high public transportation ridership.
- Palm Beach has an average public school quality ranking.
- The city has a high public school safety rating.
- This city has a very high graduation rate of 96.41%.
Palm Beach is a small city in Florida. It is located in Palm Beach County and is included in the Miami-Fort Lauderdale-Pompano Beach metro area. While the encompassing metropolitan area contains 4,379,209 people, there are 9,549 residing within the city limits. The senior community comprises approximately 75% of the overall population.
Palm Beach has an excellent SeniorScore™ of 93. The city has a mean per capita income of $124,000. The mean household income is $95,000 versus the average of $40,000 for the entire state of Florida. The current unemployment rate is around 5.12% and the mean housing price is $987,000, which is much higher than the Florida average of $208,500.
Palm Beach has ideal mean temperatures, with very mild winters and very temperate summers. The area receives very heavy levels of rain annually. In relation to other American cities, Palm Beach has an exceptionally low crime rate, average air quality, and average water quality.