▁and ▁ 2 . 4 % ▁of ▁families ▁were ▁below ▁the ▁pover ty ▁line . ▁ 4 . 6 % ▁of ▁those ▁under ▁the ▁age ▁of ▁ 1 8 ▁and ▁ 2 . 9 % ▁of ▁those ▁ 6 5 ▁and ▁older ▁were ▁living ▁below ▁the ▁pover ty ▁line . ▁Pal m ▁Beach ▁had ▁a ▁median ▁household ▁income ▁of ▁$ 1 2 4 , 5 6 2 ▁and ▁a ▁median ▁family ▁income ▁of ▁$ 1 3 7 , 8 6 7 . ▁The ▁town ' s ▁aff lu ence ▁and ▁its ▁" ab und ance ▁of ▁ple asures " ▁and ▁" strong ▁community - orient ed ▁sens ibility " ▁were ▁c ited ▁when ▁it ▁was ▁selected ▁in ▁June ▁ 2 0 0 3 ▁as ▁America ' s ▁" Best ▁Place ▁to ▁Live " ▁by ▁Rob b ▁Report ▁magazine . ▁ ▁In ▁ 2 0 0 0 , ▁ 7 . 7 % ▁of ▁the ▁households ▁had ▁children ▁under ▁the ▁age ▁of ▁ 1 8 ▁living ▁with ▁them , ▁ 4 8 . 1 % ▁were ▁married ▁cou ples ▁living ▁together , ▁ 3 . 3 % ▁had ▁a ▁female ▁house holder ▁with ▁no ▁husband ▁present , ▁and ▁ 4 7 . 8 % ▁were ▁non - famil ies . ▁ 4 2 . 6 % ▁of ▁all ▁households ▁were ▁made ▁up ▁of ▁individuals ▁and ▁ 2 7 . 6 % ▁had ▁someone ▁living ▁alone ▁who ▁was ▁ 6 5 ▁years ▁of ▁age ▁or ▁older . ▁The ▁average ▁household ▁size ▁was ▁ 1 .