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CITY

Palmer Ranch

Florida · 16,867 residents · 7.501 sq mi
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Notable rankings
#53Oldest by median ageof 6,82664.9#289Lowest unemploymentof 6,8261.5%
The short version

Palmer Ranch is wealthier than most US places, with a median household income of $102,838. Population has held roughly steady since 2023. 56% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $592,900. With a median age of 64.9, the population is older than the US median of 38.9. It sits in the top 10% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 64.9
US median: 38.9
More educated
56% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
16,867
+6%since 2023
from 15,873 in 2023
2020 – 2024
Population density
2,249 / sq mi
+6%since 2023
from 2,116 / sq mi in 2023
US average: 281
Median age
64.9
−1%since 2023
from 65.6 in 2023
US average: 38.9
Population, 2020 – 2024
14K15K16K16K17K20202024Palmer Ranch
202417K
20202024
Section 02

Income & economy

Median household income
$102,838
−4%inflation adjusted, since 2023
from $103,682 in 2023
US average: $82,259
2020 – 2024
Per capita income
$69,893
+1%since 2023
from $69,204 in 2023
US average: $44,673
Households earning $100K+
62.2%
−0.7 ptssince 2023
from 62.8% in 2023
US average: 53.3%
Poverty rate
6.9%
+1.6 ptssince 2023
from 5.3% in 2023
US average: 12.5%
Income inequality (Gini)
0.446
+3%since 2023
from 0.433 in 2023
US average: 0.476
Workforce by industry, 2024
Information10.1%
US avg: 10.8%
Finance & insurance8.7%
US avg: 5.9%
Professional, scientific, technical8.7%
US avg: 5.1%
Other services7.9%
US avg: 6.7%
Wholesale trade5.8%
US avg: 6.9%
Public administration5.3%
US avg: 4.8%
Retail trade3.9%
US avg: 9.9%
Transportation & warehousing1.6%
US avg: 2.2%
Agriculture, forestry, fishing1.6%
US avg: 1.6%
Manufacturing1.4%
US avg: 0.4%
Arts, entertainment, food0.5%
US avg: 1.9%
Construction0.2%
US avg: 1.2%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$592,900
+2%inflation adjusted, since 2023
from $563,000 in 2023
US average: $376,019
2020 – 2024
Median gross rent
$1,794
−4%inflation adjusted, since 2023
from $1,819 in 2023
US average: $1,442
Owner-occupied
75.5%
+0.9 ptssince 2023
from 74.6% in 2023
24.5% rent
Vacancy rate
16.0%
−1.7 ptssince 2023
from 17.7% in 2023
US average: 10.0%
Owner cost-burdened
21.0%
+1.6 ptssince 2023
from 19.4% in 2023
US average: 22.9%
Renter cost-burdened
47.3%
+5.0 ptssince 2023
from 42.2% in 2023
US average: 47.4%
Afford Score
5.8
+6%since 2023
from 5.4 in 2023
2020 – 2024
RELATED:See current rent listings in Palmer Ranch on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic85.2%(13,525)
Black4.2%(673)
Hispanic / Latino6.8%(1,078)
Asian2.6%(420)
Other1.1%(177)
Diversity Score33.3%(5,292)
2024
White, non-Hispanic84.8%(14,304)
Black2.9%(497)
Hispanic / Latino7%(1,185)
Asian3.1%(530)
Other2.1%(351)
Diversity Score34.2%(5,768)
Diversity Score
34
+3%since 2023
from 33 in 2023
2020 – 2024
Section 05

Education

Bachelor's degree or higher
56.4%
+1.2 ptssince 2023
from 55.1% in 2023
US average: 35.6%
High school or higher
98.6%
−0.2 ptssince 2023
from 98.8% in 2023
US average: 89.6%
Graduate degree
28.6%
+0.5 ptssince 2023
from 28.1% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
24.9 min
+1%since 2023
from 24.7 min in 2023
US average: 26.5
Drive alone to work
69.9%
−3.4 ptssince 2023
from 73.3% in 2023
US average: 68.9%
Carpooled to work
4.1%
+0.3 ptssince 2023
from 3.8% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
24.4%
+3.9 ptssince 2023
from 20.6% in 2023
US average: 15.0%
Walked to work
0.4%
−0.8 ptssince 2023
from 1.2% in 2023
US average: 2.4%
Biked to work
0.2%
Unchangedsince 2023
from 0.2% in 2023
US average: 0.4%
No vehicle available
4.7%
−0.6 ptssince 2023
from 5.3% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
1.5%
−0.6 ptssince 2023
from 2.0% in 2023
US average: 5.2%
Labor force participation
38.8%
+0.4 ptssince 2023
from 38.4% in 2023
US average: 63.5%
Self-employed
6.0%
−1.5 ptssince 2023
from 7.6% in 2023
US average: 13.1%
Management & professional
46.8%
+3.6 ptssince 2023
from 43.2% in 2023
US average: 42.5%
Section 08

People & community

Male
48.8%
−0.8 ptssince 2023
from 49.6% in 2023
Female
51.2%
+0.8 ptssince 2023
from 50.4% in 2023
Foreign born
18.0%
+2.0 ptssince 2023
from 15.9% in 2023
US average: 14.1%
Veterans
9.8%
−1.5 ptssince 2023
from 11.3% in 2023
US average: 6.2%
With a disability
15.2%
−0.1 ptssince 2023
from 15.3% in 2023
US average: 13.3%
Uninsured
6.2%
+0.6 ptssince 2023
from 5.6% in 2023
US average: 8.4%
Broadband at home
94.0%
−0.3 ptssince 2023
from 94.3% in 2023
US average: 91.0%
English only at home
83.1%
−2.6 ptssince 2023
from 85.7% in 2023
US average: 77.7%
Spanish at home
4.7%
+0.8 ptssince 2023
from 3.9% in 2023
US average: 13.6%
Drill deeper

Places similar to Palmer Ranch

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Compare Palmer Ranch to nearby cities

PALMER RANCH VS
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Income$75,906−26%
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PALMER RANCH VS
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PALMER RANCH VS
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PALMER RANCH VS
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Home value$412,500−30%
Population15,172−10%
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Frequently asked

How many people live in Palmer Ranch, Florida?

Palmer Ranch, Florida has about 16,867 residents according to the 2024 American Community Survey.

What is the median household income in Palmer Ranch, Florida?

The typical household in Palmer Ranch, Florida earns about $102,838 a year. Half of households make more than that, and half make less.

Is Palmer Ranch, Florida expensive?

In Palmer Ranch, Florida, the median home is worth about $592,900, and the typical rent is about $1,794 a month.

How educated are people in Palmer Ranch, Florida?

About 56.4% of adults age 25 and over in Palmer Ranch, Florida hold a bachelor's degree or higher.

What is the poverty rate in Palmer Ranch, Florida?

About 6.9% of people in Palmer Ranch, Florida live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →