2 Communities in Palm City
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Overview
Palm City is a city located in Martin County, Florida. The city is well known for being one of the best retirement communities in the state. Retirees that are looking for constant warm weather and enjoy outdoor activities will surely appreciate Palm City.
Climate & Geography
Palm City has a humid subtropical climate. The average annual high temperature is in the low 80s and the average annual low temperature is in the mid 60s. The average annual precipitation is in roughly 50 inches of rainfall.
Palm City is on Florida's Treasure Coast and a short drive from Port St. Lucie. It’s also approximately 97 miles north of Miami. The city’s elevation is seven feet above sea level. The St. Lucie River borders Palm City to the east.
Recreation, Culture, & Entertainment
The constant warm to hot weather allows active adults to take advantage of outdoor activities. Residents frequently take a stroll or bike ride through Justin Wilson Memorial Park or Pendarvis Cove Park. The parks also have courts available to the public for a variety of sports. Country and golf clubs are scattered throughout the city. Indoor activities include shopping and visiting one of the many spas.
For anyone who wants to experience more extensive shopping and entertainment options, Port St. Lucie is a short drive away.
Cost of Living & Taxes
The overall cost of living in Palm City is higher than the national average. The higher median home cost plays the biggest part in raising the overall cost of living in Palm City.
Florida is one of the few states with no income tax. Florida residents ages 65 and older who meet certain income limits can receive an extra homestead exemption equal to the assessed value of property. Social Security and other retirement income is not taxed.
Health Care
There are three medical centers and hospitals located within 20 miles of Palm City. They are Martin Medical Center, St. Lucie Medical Center, and Lawnwood Regional Medical Center and Heart Institute. Martin Medical Center is ranked high performing in chronic obstructive pulmonary disease (COPD) and heart failure. St. Lucie Medical Center is ranked high performing in COPD. Lawnwood Regional Medical Center and Heart Institute is ranked high performing in COPD.