Palm City, Florida
What It Is Like to Retire in Palm city
Palm City is a prosperous town across the bay from Stuart, FL (about 2 miles away). The average age in Palm City is 49 and the average household income at about $72,000, indications that it is a popular town for affluent retirees. Being close to the beautiful city of Stuart with its shops and restaurants is a definite plus. The area is filled with developments and active adult communities, so there is no shortage of places to live. It is terrific for golfers, tennis players, and boaters.
Where to Retire in Palm city and Home Prices
Palm City and the surrounding vicinity has many active adult communities (see link at left). Many of these are on or near the water. Wikipedia lists more than 30 neighborhoods and developments, not to mention the ones in Stuart and other nearby communities.
Zillow reported that the median home value was $387,643, in mid-2020.
What Is Special about Palm city
Warm winters and a choice in places to live are 2 advantages. Being on the bay with water access is another. Nearby Stuart and Port St. Lucie are 2 other pluses.
What Is Not Special about Palm city
Palm City is expensive and prone to hurricanes.
Who Will Like Retirement in Palm city
People looking for warm winters near the ocean and bays will like it in Palm City.
Local Economy Is Driven by
Snowbirds and tourism are important to the economy, along with agriculture.
Climate and Physical Environment
Palm City is on a bay opposite Stuart, FL. This is about what might be called the top of the southern part of Florida. The average July high temperature is 90. The average January high temperature is 74 and the average low is 55. The rainiest month is September.
Restaurants & Cultural Scene
Nearby Stuart and Port St. Lucie have many cultural opportunities.
Crime
Crime in Palm City is lower than the national average.
Medical facilities
Martin Memorial Hospital is across the bay in Stuart. Port St. Lucie has at least 2 hospitals.
Transportation
I 95 is nearby. Orlando and Fort Lauderdale provide the nearest large airports.
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