Good news, and obvious to see with cranes in the air, that areas in Palm Beach County are starting to recover from a bit of a growth lull. A population projection for Palm Beach County, which has 1.3 million residents, predicts a rise of nearly 10 percent by the end of the decade.
These population projections are a planning tool for local public agencies and not necessarily a forecast of future economic conditions. It does indicate that based on the current zoning and land use allowances, the counties seven largest cities are projected to remain steady until 2035 as indicated by the University of Florida’s Bureau of Economic and Business Research.
Census figures show a steady increase in the number of people moving into Palm Beach County. In particular, 11,820 people from other counties and states have moved to our area in 2011 -2012. It was the highest domestic net total in nearly nine years (14,571 in 2004-2005).
It is reflective of people wanting to embrace a lifestyle that is available to them by living in Jupiter, North Palm Beach or the Stuart (Martin County) areas. There will always be a strong housing demand for residential properties on waterfront properties, championship golf courses and pristine beaches.
A community that changes a little bit, but not too much could just be the secret to your happily ever after…