West Palm Beach Becomes Fastest-Growing Large City in Palm Beach County

West Palm Beach is experiencing significant growth and increasing affluence, ranking as the second fastest-growing wealth hub in the U.S. with a 112% rise in millionaires from 2014 to 2024, driven by affluent retirees and professionals from finance, media, and entertainment sectors. The city also ranks highly in scenic appeal, noted for its waterfront views and state parks. Since the COVID-19 pandemic, West Palm Beach has grown by nearly 9% in population, adding over 10,000 residents and making it the fastest-growing large city in Palm Beach County. Despite the surge in wealthy residents, the area has fewer total affluent individuals compared to larger metropolitan regions. The county overall continues to grow rapidly, with nearly 90,000 new residents since 2020, while Port St. Lucie leads Florida cities in population increase. These trends reflect West Palm Beach's rising prominence as both a desirable living destination and a growing economic center.