Data / Trends

Economy

Economic Trends

The current economic indicators for Palm Beach County point to a vibrant and healthy economy -- one that is growing and thriving. Encompassing more than 2,000 square miles, Palm Beach County is one of the largest in the eastern United States and the third-largest in Florida.

Of 3,100 counties nationwide, Palm Beach County is one of a select group of only 22 to earn the highest possible bond rating, AAA, by all three of the major rating agencies, Moody's Investors Services, Fitch, and Standard & Poor's. Palm Beach County is also the only county in Florida to have earned this designation.

Fitch described Palm Beach County as one of the nation's wealthiest counties, with per capita personal income levels nearly 50% higher than state and national averages. The ratings firm said its grade reflects Palm Beach County's vital and diversifying economic base, sound financial position, and moderate debt levels. As for its economic base, Fitch noted our strengths in luxury tourism, technology manufacturing, and agriculture.

2024 YTD stats

Additional Trend Resources

2023 Economic Trends
2022 Economic Trends
2021 Economic Trends
2020 Economic Trends
2019 Economic Trends
EMSI Economic Overview

Cost of Living

This collection of data and information promote the true cost-of-living in a region, assist in business recruitment and retention, and provide comparisons to other areas of the country.

The Florida Price Level Index (FPLI) measures the relative costs of living across Florida’s counties. The FPLI was established by the Legislature as the basis for the District Cost Differential (DCD) in the Florida Education Finance Program (FEFP).

FPLI Cost of Living 2020
FPLI Cost of Living 2019
FPLI Cost of Living 2018
FPLI Cost of Living 2017
FPLI Cost of Living 2016
FPLI Cost of Living 2015
FPLI Cost of Living 2014
FPLI Cost of Living 2013

For more information contact:

Economic Development & Research
Phone: 561.835.1008
[email protected]

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