Income & Economy in West Palm Beach city, FL (33401)
Median Income
$60,942
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,431
Wealth inflow
Population
31,964
Unemployment
6.9%
3.2pp above US avg
IRS migration statistics show a net inflow of about 1,431 for ZIP 33401 (West Palm Beach city, FL) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 33401 (2020–Present)
Since 2020, population grew 5.4%, median income rose 5.7% (inflation-adjusted), home values increased 32.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $60,942 |
| Unemployment | 6.9% |
| Establishments | 2,467 |
| Employees | 35,260 |