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CITY · 2020 ACS

Palmetto Estates

Florida · 13,498 residents · 2.158 sq mi
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The short version

Palmetto Estates has roughly average household income, with a median household income of $68,295. Population has held roughly steady since 2000. Median home value has more than doubled since 2000, reaching $271,500. With a median age of 44.6, the population is older than the US median of 38.8.

At a glance
Average income
near the US median
US median: $66,278
Older
median age 44.6
US median: 38.8
Less educated
25% hold a bachelor's degree
US average: 33%
Less affordable
home values up 75%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
13,498
−1%since 2000
from 13,675 in 2000
1990 – 2024
Population density
6,255 / sq mi
−1%since 2000
from 6,337 / sq mi in 2000
US average: 280
Median age
44.6
+36%since 2000
from 32.8 in 2000
US average: 38.8
Population, 1990 – 2024
12K13K15K16K17K1990201020202024Palmetto Estates
202416K
1990201020202024
Section 02

Income & economy

Median household income
$68,295
−6%inflation adjusted, since 2000
from $48,338 in 2000
US average: $66,278
1990 – 2024
Per capita income
$21,549
+29%since 2000
from $16,701 in 2000
US average: $35,364
Households earning $100K+
43.6%
+8.2 ptssince 2009
from 35.4% in 2009
US average: 43.9%
Poverty rate
8.6%
−2.2 ptssince 2000
from 10.9% in 2000
US average: 12.8%
Workforce by industry, 2020
Information13.2%
US avg: 11.1%
Wholesale trade8.7%
US avg: 6.7%
Finance & insurance8.1%
US avg: 5.5%
Professional, scientific, technical7.4%
US avg: 4.7%
Other services7.4%
US avg: 6.6%
Public administration4.4%
US avg: 4.7%
Transportation & warehousing2.7%
US avg: 2.5%
Retail trade1.4%
US avg: 10%
Arts, entertainment, food1.1%
US avg: 2%
Education & health services0.6%
US avg: 0.8%
Agriculture, forestry, fishing0.3%
US avg: 1.7%
Construction0.3%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$271,500
+75%inflation adjusted, since 2000
from $103,400 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,493
+34%inflation adjusted, since 2000
from $739 in 2000
US average: $1,124
Owner-occupied
82.2%
−1.5 ptssince 2000
from 83.7% in 2000
17.8% rent
Afford Score
4.0
+86%since 2000
from 2.1 in 2000
1990 – 2024
RELATED:See current rent listings in Palmetto Estates on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic16.9%(2,311)
Black46.8%(6,405)
Hispanic / Latino28.9%(3,953)
Asian3%(409)
Other0%
Diversity Score79.6%(10,881)
2020
White, non-Hispanic8.9%(1,206)
Black28.7%(3,873)
Hispanic / Latino56.2%(7,585)
Asian2.4%(326)
Other4.2%(561)
Diversity Score74.4%(10,036)
Diversity Score
74
−7%since 2000
from 80 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
25.1%
+5.0 ptssince 2000
from 20.0% in 2000
US average: 32.9%
High school or higher
86.1%
+4.4 ptssince 2000
from 81.7% in 2000
US average: 88.5%
Graduate degree
4.7%
−3.6 ptssince 2000
from 8.4% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
37.0 min
+47%since 2000
from 25.3 min in 2000
US average: 26.9
Drive alone to work
85.2%
+4.0 ptssince 2009
from 81.2% in 2009
US average: 75.1%
No vehicle available
3.1%
−1.9 ptssince 2009
from 5.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
4.7%
−5.2 ptssince 2011
from 9.8% in 2011
US average: 5.4%
Labor force participation
62.2%
−6.9 ptssince 2011
from 69.1% in 2011
US average: 63.4%
Management & professional
27.3%
−36.0 ptssince 2009
from 63.2% in 2009
US average: 39.3%
Section 08

People & community

Male
48.9%
+5.1 ptssince 2009
from 43.9% in 2009
Female
51.1%
−5.1 ptssince 2009
from 56.1% in 2009
Foreign born
48.8%
+10.3 ptssince 2009
from 38.6% in 2009
US average: 13.5%
Uninsured
24.0%
−48.2 ptssince 2013
from 72.2% in 2013
US average: 8.8%
Drill deeper

Places similar to Palmetto Estates

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Pop 16,892
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Head to head

Compare Palmetto Estates to nearby cities

PALMETTO ESTATES VS
Richmond Heights
Income$67,606−1%
Home value$378,100+39%
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SEE FULL COMPARISON →
PALMETTO ESTATES VS
West Perrine
Income$66,997−2%
Home value$411,500+52%
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PALMETTO ESTATES VS
Palmetto Bay
Income$142,447+109%
Home value$879,700+224%
Population24,886+54%
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PALMETTO ESTATES VS
Three Lakes
Income$102,306+50%
Home value$481,300+77%
Population16,888+5%
SEE FULL COMPARISON →
Frequently asked

How many people live in Palmetto Estates, Florida?

Palmetto Estates, Florida has about 13,498 residents according to the 2020 American Community Survey.

What is the median household income in Palmetto Estates, Florida?

The typical household in Palmetto Estates, Florida earns about $68,295 a year. Half of households make more than that, and half make less.

Is Palmetto Estates, Florida expensive?

In Palmetto Estates, Florida, the median home is worth about $271,500, and the typical rent is about $1,493 a month.

How educated are people in Palmetto Estates, Florida?

About 25.1% of adults age 25 and over in Palmetto Estates, Florida hold a bachelor's degree or higher.

What is the poverty rate in Palmetto Estates, Florida?

About 8.6% of people in Palmetto Estates, Florida live below the federal poverty line.

Has Palmetto Estates, Florida grown since 1990?

Yes, Palmetto Estates, Florida has grown since 1990. The population has added about 1,205 residents, a change of about 10 percent over that period.

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

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