Overview
West Palm Beach, also known as West Palm, is the most populous city located in Palm Beach County, Florida, USA. The city is also the oldest incorporated municipality in South Florida. It is the county seat of Palm Beach County, and one of the principal cities in the South Florida metropolitan area. The city ranks as the cultural, entertainment and business center of the entire county and northern Palm Beach territory. Sparkling downtown buildings underscore the importance of the city’s governmental and corporate activity, but the heart of West Palm Beach is the small, attractive downtown area, full of charmingly restored historical buildings, excellent boutiques, restaurants and nightlife. Public education is provided and managed by The School District of Palm Beach County which is the 11th largest school district in the US plus the city also houses Palm Beach Community College which is the oldest community college in Florida.
West Palm Beach Real Estate
The city’s current population stands at 98,774 plus individuals at a
population density of 1,790 people per square mile. The city has seen a population
of growth of around 20.30 percent over the period since 2000. The current
median home value at West Palm Beach currently stands at $390,700, wherein
the home appreciation rate stands at -6.65 percent. Median age of real estate
currently stands at 26 years in West Palm Beach. In comparison to the U.S average
cost of living, the cost of living at West Palm Beach is comparatively high
and stands at 12.05 percent. More than 41.37 percent of the population being
rent dwellers only about 14.45 percent of the houses and apartments in West
Palm Beach are vacant and unoccupied. 44.31 percent of homes in West Palm Beach
are owned by individuals.
How to rent or buy in West Palm Beach
Any individual relocating to West Palm Beach will have a choice of either
buying a proper house or for that matter taking it on rent. The easiest and
the best way being, hiring an experienced real estate agent who knows in and
out of the city West Palm Beach. It would save you from all the hassles of
negotiations and at the same time ensure that you get the best deals at the
best price with no trouble at all.
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