Property values across Palm Beach County are still rising — just not as fast as the last few years. Here’s a quick breakdown of what’s going on locally, especially in West Palm Beach and Palm Beach:
🌴 West Palm Beach Highlights
- 📈 2025 taxable value: $25.3 billion (⬆️ 9.0% from last year)
- 🏗️ New construction since 2020 added $2.3 billion to the city’s tax roll.
- 🏙️ West Palm Beach was #3 in the county for most taxable value added since 2020, behind Palm Beach and Boca Raton.
🏖️ Palm Beach Highlights
- 💰 2025 taxable value: $34.3 billion (⬆️ 7.3% from last year)
- 💎 Palm Beach is #1 in the county for overall taxable value added since 2020.
- 🏘️ The luxury real estate market continues to fuel growth, despite a slightly slower pace than peak years.
🧾 Other Fast Facts
- 💸 Since 2020, Palm Beach County’s taxable property value has surged by $141 billion.
- 🧱 $5 billion+ in new construction countywide for the 2nd year in a row — West Palm Beach and Palm Beach Gardens made up 1/5 of that.
- 🧾 Tax rates typically range from $18–$20 per $1,000 of taxable value — which funds public services like fire, police, schools, and trash pickup.
- 📊 While growth has slowed (7.7% countywide in 2025 vs. 13.5% in 2023), values remain strong.
- 💻 You can look up your 2024 property tax bill at the Palm Beach County Property Appraiser’s website.
With new high-rises, rising valuations, and a steady flow of development — West Palm Beach and Palm Beach are holding strong in the South Florida real estate game.
