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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 +3.1% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, −21.3% YoY, is the number to watch.
The median listing price is up 3.1% YoY while the median home got down 0.1% bigger, so value per square foot is up 8.7%.
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 $924K purchase rents for $2,950/mo: 0.32% of price per month against the 1% rule's 1.00%.
Not shown: 1 BR (rent only, no matching sale price), 5 BR (sale only, no matching rent), 6 BR (sale only, no matching rent), 7 BR (sale only, no matching rent), 8 BR (sale only, no matching rent).
Sales here take about 41 days longer to go under contract than rentals (median across 3 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented).
U.S. Census ACS characteristics for ZIP 33496 itself, not its parent county.
Renters hold 16.5% of this ZIP's 10,701 occupied households, on a median household income of $115K.
| Measure | ZIP 33496 | Palm Beach County | Difference |
|---|---|---|---|
| Median Household Income | $115K | $84K | +$31K |
| Below Poverty Level | 12.1% | 11.3% | +0.8% |
| Median Age | 51.10 | 45.30 | +5.80 |
| Total Population | 26,579 | 1,533,806 | -- |
| Avg Household Size | 2.48 | 2.49 | -0.01 |
| Owner-Occupied | 83.5% | 70.1% | +13.4% |
| Worked From Home | 31.4% | 15.4% | +16.0% |
| Mean Commute | 24.00 | 26.50 | -2.50 |
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.