If you are looking for a quiet town on the water, relocating to Palm Coast may be an excellent choice for you. Why? It is a retirement hot spot.
Palm Coast, Florida is a small sized city located on the Atlantic Ocean in Flagler County. The population of Palm Coast is 32,732 and is expanding rapidly due to an influx of retirees and people from other countries. The median age of the residents in this city is 51.2 years, which is much older than the average age of most communities in Florida or the rest of the United States. Palm Coast is also a sparsely populated city statistically, with over 50 square miles of land in the city it is considered to have a very low population density.
There are a few more statistics that should be considered when relocating to Palm Coast, Florida. The median yearly household income of this city is $41,570 – which is above the national average by approximately $10,000. The average cost of purchasing a home in Palm Coast is $112,500, and rental units are available throughout the city. On average, rent per month for housing in Palm Coast is $618. 12.7% of the population of Palm Coast is foreign born – with most of these residents coming from European countries.
Overwhelmingly, the residents of Palm Coast designated their race as white/non-Hispanic (85.6%), while others stated they were Black (10.3%), Hispanic (6.7%) or other races. Among the adult residents of Palm Coast, 19.5% stated that they hold a Bachelor's Degree or higher, and 69.7% of the adults claimed to be married at the time of census. Unlike other small cities in the region, many of the people who live in Palm Coast also work in the city. 45.8% of the residents both live and work in Palm Coast. The nearest city of medium size is Daytona Beach, Florida – 26.2 miles away.
Another consideration when relocating to Palm Coast may be the climate. Average temperatures here reach a high of around 90ºF in the summer months, and a low of around 45ºF in the winter months. Precipitation in Palm Coast, Florida is much higher than it is in most of the nation – especially in the months of June through September. During these summer and fall months, precipitation (in the form of rain) can reach six to seven inches per month. The amount of sunshine found in Palm Coast is consistent with the rest of the US.
Palm Coast, Florida is slightly more tornado-prone than the rest of the United States, by about 25%. There are several educational institutions found near and around Palm Coast, with the Embry Riddle Aeronautical University being the closest (27 miles away). Other universities nearby include Daytona Beach Community College and the University of North Florida.
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