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| What Palm Beach is like for active adults |
Founded by Henry Flagler to provide a luxury destination for his railroad,Palm Beach proper is one of the wealthiest and prettiest communities in the world. It lies on the Atlantic Ocean just above Miami and straddles the Intercoastal Waterway. Fancy shops and elegant estates abound in the beautiful downtown. Enormous estates go along the ocean and the Intracoastal. If you spend an hour on Worth Street and don't see 2 Rolls Royces, you are not looking hard enough. The area also includes West Palm Beach with its extensive active adult and 55+ communities, all trying to trade on the Palm Beach cachet.
The Bernard Madoff pyramid scheme was not kind to Palm Beach residents. This was the Florida epicenter of the Madoff scheme and many of his friends and acquaintances have suffered accordingly. Home prices vary tremendously, from well over $10 million to just under $200,000, depending on location. The Zillow Home Value Index in July 2009 was $846,600, although the median sale price has been in the low $600's. The average listing is over $1 million, although as you move west, south, and north the prices are much more reasonable. Photo of Memorial Park courtesy of Wikipedia and CZmarlin — Christopher Ziemnowicz |
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| What is special about this retirement community |
| Beautiful beaches, great architecture, and elegant shops on Worth Street are some of Palm Beach's attractions. Pictured above is the very lovely Breakers Hotel on the beach, founded by Henry Flagler. Donald Trump's Mar-a-Lago, the Whitehall Flagler Museum, and the Four Arts Gardens are some of the local attractions. Culturally Palm Beach is tops. |
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| What is not special about this retirement community |
| If you are into status it is likely you will feel like a 3rd class citizen in Palm Beach, unless you are a Vanderbilt, Astor, or Rockefeller. People living in West Palm Beach will also feel inferior to the those who live in the "real" Palm Beach along the Ocean. |
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| What kinds of people like retiring here |
| There are many high quality 55+ and active adult communities to choose from if that retirement lifestyle appeals to you. The super-rich and those who enjoy high society will also thrive here. But there is a lot going on if you can get over the conspicuous consumption. |
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| Local economy is driven by |
| Healthcare, financial services, tourism, and retail drive the Palm Beach economy. |
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| Climate and Physical Environment |
| Palm Beach is south of Jupiter and north of Boynton Beach, Del Ray Beach, and Boca Raton on the Atlantic Ocean in South Florida. |
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| Cultural environment |
| Palm Beach is a cultural powerhouse for a town of its size. The Raymond Kravitz Center for the Performing Arts has multiple venues offering a constant variety of plays, concerts, ballet, and opera. The Armory Art Center offers art classes and a continuing schedule of exhibits. The Norton Museum of Art, Palm Beach Dramaworks, and Ballet Florida are 3 other top-notch cultural venues. |
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| Medical facilities |
| There are 4 hospitals in Palm Beach or very close by, including Columbia Hospital and Good Samaritan Hospital. Medical specialists of every description are extremely available. |
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| Transportation |
| There are 3 major airports close by - Palm Beach, Miami, and Fort Lauderdale. Local train service to Miami (Tri-Rail) and Amtrak are available, as well as bus service in this corridor. The Intracoastal goes through town and offers a water route. Palm Beach County has Palm Tran Connection which will transport seniors anywhere in the county, door-to-door, for $3.00 |
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Facts about PALM BEACH
- State: FL
- Environment: Suburban,Coastal,
- City Population: 10,000-25,000
- Median age of Population: 45-64
- Avg Jan Temperature: 61 +
- Median HH Income: 80,000+
- Average Home Price (MLS): $300,001-$500,000
- Annual Property Tax on a $200,000 house: Less than 2000
- Total Crime Index: 81-90 (low)
- Cost of Living Index: 111-120 (high)
- Culture Index: 111-120 (high)
- State Sales Tax: Yes
- State Income Tax: No
- Name of the Guide: boomer1
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Can you add to or correct these Facts? Or do you have a photo of this community we could use? If so, please click on Edit these facts |
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Vote on the Ratings for Palm Beach |
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Update Your Ratings |
1. Overall Retirement Ratings
1. Rating: 0.0/5 ( 0 votes cast)
2. Expense:
Inexpensive to Luxury
2. Rating: 0.0/5 ( 0 votes cast)
3. Taxes:
Inexpensive to Expensive
3. Rating: 0.0/5 ( 0 votes cast)
4. Culture:
None to Cosmopolitan
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5.Recreation:
None to Summer camp
5. Rating: 0.0/5 ( 0 votes cast)
6. Transportation:
Boondocks to World Hub
6. Rating: 0.0/5 ( 0 votes cast)
7. Security:
Dangerous to Ft. Knox
7. Rating: 0.0/5 ( 0 votes cast)
8. Medical Facilities:
None to Excellent
8. Rating: 0.0/5 ( 0 votes cast)
9. Political Situation:
Conservative to Liberal
9. Rating: 0.0/5 ( 0 votes cast)
10. Environmental:
Oblivious to Ultra-Green
10. Rating: 0.0/5 ( 0 votes cast)
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