Palm Beach City
Palm Beach is a city (collectively classified as a town) located in Palm Beach County, Florida, 65 miles north of Miami. The Intracoastal Waterway separates it from the neighboring cities of West Palm Beach and Lake Worth. Palm Beach was established as a resort by Henry Flagler, a founder of Standard Oil, who made the Atlantic coast barrier island accessible via his Florida East Coast Railway. The nucleus of Palm Beach was established by Flagler’s two luxury resort hotels, the Royal Poinciana Hotel and The Breakers Hotel. West Palm Beach was built across Lake Worth as a service town, and has become a major city in its own right.
Flagler’s houselots were bought by the beneficiaries of the Gilded Age, and in 1902 Flagler himself built a Beaux-Arts mansion, Whitehall, designed by the New York-based firm Carre and Hastings and helped establish the Palm Beason winter “season” by constant entertaining. The town was incorporated on April 17, 1911.
As of 2000, Palm Beach had a year-round population of 10,468, with an estimated seasonal population of 30,000. As of 2004, the year-round population recorded by the U.S. Census Bureau is 9,860.
Many of Palm Beach’s residents are affluent, with a median household income of $94,562 and a median family income of $137,867. The town’s affluence, and its “abundance of pleasures” and “strong community-oriented sensibility” were cited when it was selected in June, 2003 as America’s “Best Place to Live” by Robb Report magazine.
The city is served by Palm Beach International Airport.
As of the 2000 census, over half the population (52.6%) are 65 years of age or older, with a median age of 67 years. 9.4% are under the age of 18, 1.5% are from 18 to 24, 11.5% are from 25 to 44, and 25.0% from 45 to 64. For every 100 females there are 79.3 males. For every 100 females age 18 and over, there are 77.0 males.
The per-capita income for the town is $109,219. Males have a median income of $71,685 versus $42,875 for females. 5.3% of the population and 2.4% of families are below the poverty line. 4.6% of those under the age of 18 and 2.9% of those 65 and older are living below the poverty line.
The racial makeup of the town is 96.00% White, 2.57% Black or African American, 0.53% Asian, 0.04% Native American, 0.02% Pacific Islander, 0.21% from other races, and 0.63% from two or more races. 2.56% of the population are Hispanic or Latino of any race.