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An appreciation-lean market without the demand pressure to back it. The rent math runs thin.
What would change this read: a price correction (median already +14.2% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, −18.0% YoY, is the number to watch.
The median listing price is up 14.2% YoY while the median home got down 3.2% bigger, so value per square foot is up 10.6%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $1.14M purchase rents for $5,500/mo: 0.48% of price per month against the 1% rule's 1.00%.
Not shown: 2 BR (sale only, no matching rent).
Rentals here take about 10 days longer to find a tenant than sales take to go under contract.
U.S. Census ACS characteristics for ZIP 33473 itself, not its parent county.
Renters hold 2.2% of this ZIP's 4,462 occupied households, on a median household income of $146K.
| Measure | ZIP 33473 | Palm Beach County | Difference |
|---|---|---|---|
| Median Household Income | $146K | $84K | +$62K |
| Below Poverty Level | 3.6% | 11.3% | -7.7% |
| Median Age | 53.40 | 45.30 | +8.10 |
| Total Population | 11,825 | 1,533,806 | -- |
| Avg Household Size | 2.65 | 2.49 | +0.16 |
| Owner-Occupied | 97.8% | 70.1% | +27.7% |
| Worked From Home | 40.9% | 15.4% | +25.5% |
| Mean Commute | 30.80 | 26.50 | +4.30 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 1.7% to 1,533,806: residents under 18 are up 1.5% and those 65 and over are up 2.7%.
County median household income is $84K, 11.3% of residents are below the poverty level, 15.4% work from home.