Palm Springs, a small city in California, has a population of slightly less than 47,000. Retirees make up a greater percentage of the population (30%) here than nationally (14%), while young adults are less well-represented. Overall, the city's residents, at an average age of just over 49, skew older than most cities in California. Most Palm Springs residents own their homes, and 41% of residents rent. With a relatively low average rent of $1,117 a month in the city, renting remains an affordable option, particularly compared to other cities in California.
With an average commute time of about 22 minutes, shorter than most cities in the state, Palm Springs residents are well aware that traveling to work isn't overly time-consuming. Many residents (33%) drive to work, while public transit is not used extensively. Walking isn't a common means of commuting to work.
Compared to the national average (7%), Palm Springs has a relatively large percentage of residents older than 25 who have advanced degrees, as 9% have earned a Master's degree or a Doctorate. Furthermore, 17% have a Bachelor's degree, which also outpaces the national average. There are two primary industries in Palm Springs: entertainment and healthcare. Together, these industries account for 14% of the city's workforce. Meanwhile, looking at job function, 5% of residents work in management, making it the top profession in the city. With an average annual income of just over $68,000, Palm Springs workers earn less than the average California resident. Palm Springs's average income also trails the national average of $73,345.