Palm Beach is an incorporated town in Palm Beach County, Florida. Located on a barrier island along the Atlantic Ocean, the town is situated in tropical South Florida about 65 miles (105 km) north of Miami. It is separated by the Intracoastal Waterway from the nearby cities of West Palm Beach and Lake Worth Beach. As of the 2020 census, Palm Beach had a year-round population of 9,245. Known as a winter enclave for America's rich and famous, it is ranked by Forbes as the wealthiest town in the state and the 18th-wealthiest place in the United States according to Bloomberg in 2020. Around 25,000 people reside in Palm Beach between November and April.