United States › Florida › Palmetto Bay CITY · 2010 ACS
Palmetto Bay Florida · 23,410 residents · 8.29 sq mi
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The short version
Palmetto Bay is a city of 23,410 people in Florida. That is roughly 116% ahead of the Florida median. Median home value sits at $503,800. 49% of adults hold a bachelor's degree, against 28% nationally. Median household income runs $102,809, well clear of the $52,703 US median. Owners hold 84% of the housing stock.
At a glance
Wealthier
above the US median
US median: $52,703
Older
median age 41.9
US median: 37.2
More educated
49% hold a bachelor's degree
US average: 28%
More affordable
home values down 7%, inflation adjusted
US median home: $225,659
Section 01
Population & growth 23,410
Unchangedsince 2009
from 23,524 in 2009
from 38.2 in 2009
US average: 37.2
Population, 2009 – 2024
23K 24K 24K 24K 25K 2009 2010 2020 2024 Palmetto Bay Age distribution, 2010
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 02
Income & economy $102,809
Unchangedinflation adjusted, since 2009
from $100,899 in 2009
US average: $52,703
from $38,795 in 2009
US average: $27,286
Households earning $100K+
from 64.1% in 2009
US average: 33.3%
from 4.6% in 2009
US average: 13.8%
Workforce by industry, 2010
Public administration 8.6%
Transportation & warehousing 4.5%
Professional, scientific, technical 4.3%
Arts, entertainment, food 2.6%
Education & health services 2%
Agriculture, forestry, fishing 0.2%
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$503,800
−7%inflation adjusted, since 2009
from $532,100 in 2009
US average: $225,659
$964
−4%inflation adjusted, since 2009
from $985 in 2009
US average: $853
from 87.0% in 2009
15.8% rent
from 8.2% in 2009
US average: 12.1%
from 3.23 people in 2009
US average: 2.60
from 41.2% in 2009
US average: 30.9%
from 52.7% in 2009
US average: 46.8%
from 5.3 in 2009
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04
Race & ethnicity 2009
White, non-Hispanic 55.4%(13,030)
Hispanic / Latino 35.9%(8,451)
2010
White, non-Hispanic 49.5%(11,593)
Hispanic / Latino 38.6%(9,025)
No data for the years selected.
Section 04 · Origins
Detailed origins & ancestry Hispanic origin
+ 9 more hispanic origin groups with data Ancestry
+ 36 more ancestry groups with data from 52.2% in 2009
US average: 27.9%
High school or higher
from 92.8% in 2009
US average: 84.9%
from 20.2% in 2009
US average: 10.2%
Section 06
Commute & transportation from 79.5% in 2009
US average: 76.2%
from 9.1% in 2009
US average: 10.4%
from 3.8% in 2009
US average: 4.7%
from 5.3% in 2009
US average: 4.1%
from 0.8% in 2009
US average: 2.8%
from 0.0% in 2009
US average: 0.5%
from 3.2% in 2009
US average: 8.7%
Section 07
Work & employment from 15.8% in 2009
US average: 12.9%
from 50.1% in 2009
US average: 35.2%
Section 08
People & community from 26.4% in 2009
US average: 12.8%
from 7.4% in 2009
US average: 9.9%
Marital status (2024)
Men 15+
Never married 28.1%(2,713)
Women 15+
Never married 24.4%(2,431)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Section 09
Health coverage Showing 2024 (the nearest year with coverage data).
from 12.2% in 2013
US average: 8.4%
from 66.8% in 2020
US average: 54.8%
Direct-purchase
from 19.6% in 2020
US average: 13.8%
from 13.1% in 2020
US average: 18.4%
from 6.8% in 2020
US average: 20.9%
VA health care
from 1.3% in 2020
US average: 2.2%
Any private
from 85.8% in 2020
US average: 67.1%
Any public
from 17.9% in 2020
US average: 36.7%
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans Veterans by period of service, 2024
Gulf War (2001 or later) 27.5%(233)
Gulf War (1990s) 34.4%(292)
Share of the 848 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
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Drill deeper
Places similar to Palmetto Bay Head to head
Compare Palmetto Bay to nearby cities PALMETTO BAY VS
Palmetto Estates
Income $82,064 −20%
Home value $445,900 −11%
Population 16,129 −35%
SEE FULL COMPARISON →
PALMETTO BAY VS
West Perrine
Income $66,997 −35%
Home value $411,500 −18%
Population 11,162 −55%
SEE FULL COMPARISON →
PALMETTO BAY VS
Pinecrest
Income $206,417 +101%
Home value $1,406,400 +179%
Population 18,635 −25%
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PALMETTO BAY VS
Cutler Bay
Income $89,244 −13%
Home value $472,700 −6%
Population 44,750 +80%
SEE FULL COMPARISON →
Frequently asked
How many people live in Palmetto Bay, Florida? Palmetto Bay, Florida has about 23,410 residents according to the 2010 American Community Survey.
What is the median household income in Palmetto Bay, Florida? The typical household in Palmetto Bay, Florida earns about $102,809 a year. Half of households make more than that, and half make less.
Is Palmetto Bay, Florida expensive? In Palmetto Bay, Florida, the median home is worth about $503,800, and the typical rent is about $964 a month.
How educated are people in Palmetto Bay, Florida? About 48.8% of adults age 25 and over in Palmetto Bay, Florida hold a bachelor's degree or higher.
What is the poverty rate in Palmetto Bay, Florida? About 5.7% of people in Palmetto Bay, Florida live below the federal poverty line.
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