Pros and Cons of Living in Palm Beach, Florida

Thinking about moving to Palm Beach? Already a resident weighing whether to stay? Here is an honest, no-marketing-spin look at what's great about Palm Beach — and what isn't. The Palm Beach compiled this from resident feedback, public data, and our own coverage of the community.

The pros

  • No state income tax (Florida)
  • World-class beaches
  • Year-round warm weather
  • World-class arts, dining, shopping
  • Palm Beach International Airport (PBI)
  • Strong job market in finance, hospitality, healthcare
  • No state estate tax

The cons

  • Town of Palm Beach extremely expensive
  • Hurricane season (Jun-Nov) — major property risk
  • Hot, humid summers
  • Traffic during snowbird season (Nov-Apr)
  • Property insurance has become expensive
  • Sea-level rise concerns for some properties

Palm Beach is great for

Palm Beach may not be right for

Real talk

Palm Beach Town and Palm Beach County are very different. Town: ultra-wealthy. County: diverse range. Many residents have Town as their "address" while actually living elsewhere in the county.

Should you move to Palm Beach?

Town of Palm Beach: YES only if income/wealth supports it. Palm Beach County overall: YES for many residents valuing Florida lifestyle + no income tax.

If you do move here

Understand your target — Town of Palm Beach vs greater county is hugely different in price. Get hurricane insurance quotes BEFORE making offers. Check flood/elevation maps carefully.

Related guides

More from The Palm Beach

Local guides, business directory, and how to reach our readers.