Income & Economy in West Palm Beach city, FL (33405)
Median Income
$82,945
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+882
Wealth inflow
Population
19,703
Unemployment
4.5%
0.8pp above US avg
IRS migration statistics show a net inflow of about 882 for ZIP 33405 (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 33405 (2020–Present)
Since 2020, population declined 5.4%, median income rose 17.0% (inflation-adjusted), home values increased 15.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $82,945 |
| Unemployment | 4.5% |
| Establishments | 896 |
| Employees | 6,540 |