Miami vs. Palm Beach: Where Do Families Prefer to Live and Invest in 2026?

By 2026, affluent families choosing between Miami and Palm Beach are really choosing between two distinct luxury lifestyles. Miami offers vertical, cosmopolitan energy, dense cultural programming and branded towers with resort level amenities. Palm Beach County delivers low rise elegance, shorter drives, boutique coastal condominiums and a powerful sense of privacy. Both markets are benefiting from surging millionaire migration and resilient ultra luxury demand. This guide compares tempo, schools, housing and investment dynamics to help families decide where to put down roots. It is written for buyers evaluating both a primary residence and a strategic second home.