What it's like to live in Palm Springs

Palm Springs is a small city in Florida with home prices that remain within reach, unemployment below the national average, a growing population, and schools with class sizes near the national average. Those factors carry real weight for anyone weighing where to move next.

The tradeoffs are worth naming plainly. Palm Springs deals with rent well above the national average, household incomes below the national average, crime rates above the national average, and college degree attainment below the national average.

The good

  • Affordable home prices
  • Low unemployment
  • Growing population
  • Average class sizes

The not so good

  • Rent well above the national average
  • Below-average household incomes
  • Crime above national average
  • Low college degree attainment
  • High rent burden for renters
  • Very rainy — 62" of rain per year

How Palm Springs compares

Median household income

Palm Springs$61,739
Florida avg$74,568
US$80,734

Median rent (per month)

Palm Springs$1,669
Florida avg$1,669
US$1,413

Median home value

Palm Springs$269,800
Florida avg$359,000
US$332,700

What it takes to move to Palm Springs

Based on Palm Springs's median rent, home value and household income

To rent

$3,338

up front: first month plus a typical one-month deposit

  • Income to keep rent under 30%: $66,760 a year
  • 58% of Palm Springs renters spend 30% or more of their income on rent

To buy

$53,960

a 20% down payment on the median home

  • With 10% down: $26,980
  • Homes cost 4.4× the typical local household income (US: 4.1×)

Moving costs, closing costs and taxes not included.

The details

Cost of living▲ 18% above US

$1,669/mo median rent

Rent runs on the higher side, at $1,669 a month median. Whether that premium makes sense usually comes down to the local job market and what it pays. Home prices are reasonable, with a median around $269,800. Not a steal, but not intimidating either.

Median home value $269,800 · 58% of renters cost-burdened

Job market▼ 21% below US

3.4% unemployment

Unemployment here is 3.4%, a little below the national average of 4.3%.

City-level (BLS)

Safety▲ 183% above US

1132 violent crimes per 100k

Crime is a real factor here, with violent rates significantly above the national average. That doesn't make the whole city a write-off, but it does mean specific neighborhoods deserve real research before signing a lease.

Property crime 3080/100k · Palm Springs Police Department · 2020 data

Getting aroundNear US average

26 min average commute

Commutes run about average, at 26 minutes. Fine day to day, but it adds up over a year, and where someone lives relative to where they work starts to matter. 9 in 10 workers drive to work; 7% work from home.

How workers get to work

Drive alone
71%
Carpool
16%
Work from home
6.6%
Public transit
2.8%
Other
2.8%
Walk
0.3%

Climate

Summers are hot and humid, with highs regularly hitting 89°F, and winters are mild, with lows rarely dropping below 60°F. It's a wet climate overall.

Average month

High °FLow °FPrecip (in)
40°50°60°70°80°90°100°9"Jan: 3.47" precipitationFeb: 2.63" precipitationMar: 3.31" precipitationApr: 3.68" precipitationMay: 4.91" precipitationJun: 8.48" precipitationJul: 5.63" precipitationAug: 8.68" precipitationSep: 7.96" precipitationOct: 5.90" precipitationNov: 3.62" precipitationDec: 3.48" precipitation58°JJan: high 75°F, low 58°FFFeb: high 77°F, low 60°FMMar: high 79°F, low 63°FAApr: high 82°F, low 68°FMMay: high 86°F, low 72°FJJun: high 88°F, low 75°F90°JJul: high 90°F, low 76°FAAug: high 90°F, low 77°FSSep: high 88°F, low 76°FOOct: high 85°F, low 73°FNNov: high 80°F, low 66°FDDec: high 77°F, low 62°F

30-year averages, 1991–2020

Education & workforce▼ 51% below US

18% bachelor's degree or higher

This is a working-class city, and college degree rates reflect that. Trades, manufacturing, and service industries tend to dominate the local economy, which is a strength for some fields and a real constraint for others.

Schools

7 public schools inside the boundary

There are 7 public schools inside the boundary and 2 private schools. The student-to-teacher ratio is 17:1, close to the national average of 16:1.

Parks & recreation

The nearest national park or historic site is Big Cypress National Preserve (76 miles away). There are 3 national parks and sites within a day's drive.

Bottom line

Palm Springs's strongest points are home prices that remain within reach and unemployment below the national average; the main tradeoffs are rent well above the national average and household incomes below the national average. A year of median rent ($1,669/mo) equals 32% of the median household income here, more than the 21% typical nationwide. It tends to suit job seekers.

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