Fact text

  • A shipwreck carrying 20,000 coconuts washed ashore in 1878, and locals planted them all, essentially accidentally landscaping Palm Beach.
  • The Breakers hotel has burned down twice and been rebuilt both times, refusing to take the hint.
  • Palm Beach's first hotel was literally the ONLY hotel on Florida's east coast between Titusville and Key West when it opened in 1880.
  • Architect Addison Mizner designed 67 Palm Beach structures in just five years, essentially single-handedly giving the town its signature look.
  • Before the Royal Poinciana Hotel was demolished, around 4,000 people bought its scraps, enough timber, locals estimated, to build 500 homes.
Your
Palm Beach
Retirement Outlook — in 90 seconds
Hosted by Michael McMillan, President of Annuities.net
Every figure mentioned is drawn from the same sourced public data shown below — and the video updates as the data does.
Stat icon
8776
+
Total Population
Stat icon
$
169003
Median Income
Stat icon
$
1211900
Median Home
Stat icon
62
%
Age 65+
Retirement Suitability
How
Palm Beach
ranks for retirees?
42
/ 100

A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.

Tax
79
Affordability
8
Healthcare
5
Climate
98

Results

Palm Beach

Suitability Breakdown

Retirement tax planning
01 - Taxes

Retirement Tax Treatment

Tax
79

Florida levies no state income tax, meaning Social Security, pension, and IRA withdrawals are all free from state-level taxation.

State sales tax here runs about

6

%.

Source · Tax Foundation
79
6
Retirement tax planning
02 - Income

Annuity Rates Available Here

Affordability
8

Fixed annuity rates reach up to

7

% on 5-year terms, with most landing between

5

% and

5

%.

Source · Cannex
8
Retirement tax planning
03 - Healthcare

Hospital Access & Quality

Healthcare
5

The area has

12

Medicare-certified hospitals, averaging a

2

/5 CMS quality rating.

Source · CMS Hospital Compare
2
Retirement tax planning
04 - Climate

Weather & Comfort

Climate
98

A

Warm / Subtropical

climate — summers peak near

90

°F, winters dip to about

59

°F, with roughly

0

″ of snow a year.

Source · NOAA Climate Normals
Warm / Subtropical
Retirement tax planning
05 - Risk

Natural Disaster Risk

Risk
Relatively High

FEMA's overall natural-disaster risk rating for this county on the National Risk Index.

Source · FEMA National Risk Index
Relatively High

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