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CITY · 2010 ACS

Palmetto

Florida · 12,606 residents · 5.366 sq mi
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The short version

Palmetto has notably lower household income than the US average, with a median household income of $36,550. Population has held roughly steady since 2000. 18% of adults hold a bachelor's degree or higher, below the national rate of 28%. Median home value has more than doubled since 2000, reaching $152,200. With a median age of 43.1, the population is older than the US median of 37.2.

At a glance
Lower income
below the US median
US median: $52,703
Older
median age 43.1
US median: 37.2
Less educated
18% hold a bachelor's degree
US average: 28%
Less affordable
home values up 61%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
12,606
Unchangedsince 2000
from 12,571 in 2000
1990 – 2025
Population density
2,349 / sq mi
Unchangedsince 2000
from 2,343 / sq mi in 2000
US average: 261
Median age
43.1
+17%since 2000
from 36.8 in 2000
US average: 37.2
Population, 1990 – 2024
9K10K12K13K15K1990201020202024Palmetto
202414K
1990201020202024
Section 02

Income & economy

Median household income
$36,550
−15%inflation adjusted, since 2000
from $34,093 in 2000
US average: $52,703
1990 – 2024
Per capita income
$25,421
+43%since 2000
from $17,724 in 2000
US average: $27,286
Households earning $100K+
19.2%
+2.1 ptssince 2009
from 17.1% in 2009
US average: 33.3%
Poverty rate
12.5%
−1.4 ptssince 2000
from 13.9% in 2000
US average: 13.8%
Income inequality (Gini)
0.487
US average: 0.461
Workforce by industry, 2010
Wholesale trade14%
US avg: 7.2%
Information13.4%
US avg: 11.5%
Retail trade9.1%
US avg: 10.9%
Other services6%
US avg: 7%
Agriculture, forestry, fishing5.2%
US avg: 1.9%
Construction4.8%
US avg: 1.4%
Transportation & warehousing4.1%
US avg: 3.1%
Finance & insurance3.6%
US avg: 5.1%
Professional, scientific, technical2.1%
US avg: 4.2%
Arts, entertainment, food2.1%
US avg: 2.4%
Public administration1.9%
US avg: 4.9%
Education & health services1.4%
US avg: 0.9%
Manufacturing0.3%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$152,200
+61%inflation adjusted, since 2000
from $74,500 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$708
+12%inflation adjusted, since 2000
from $501 in 2000
US average: $853
Owner-occupied
36.3%
−34.7 ptssince 2000
from 71.0% in 2000
32.6% rent
Vacancy rate
23.7%
+3.4 ptssince 2009
from 20.3% in 2009
US average: 12.1%
Owner cost-burdened
30.3%
−4.7 ptssince 2009
from 35.0% in 2009
US average: 30.9%
Renter cost-burdened
48.7%
+3.8 ptssince 2009
from 44.9% in 2009
US average: 46.8%
Afford Score
4.2
+91%since 2000
from 2.2 in 2000
1990 – 2024
RELATED:See current rent listings in Palmetto on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic59.3%(7,449)
Black12.3%(1,547)
Hispanic / Latino26.7%(3,358)
Asian0.4%(44)
Other0%
Diversity Score68.8%(8,644)
2010
White, non-Hispanic59.1%(7,456)
Black10.3%(1,293)
Hispanic / Latino28.3%(3,571)
Asian0.6%(71)
Other0.9%(119)
Diversity Score69.1%(8,706)
Diversity Score
69
Unchangedsince 2000
from 69 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
17.6%
+6.0 ptssince 2000
from 11.6% in 2000
US average: 27.9%
High school or higher
80.4%
+14.2 ptssince 2000
from 66.2% in 2000
US average: 84.9%
Graduate degree
7.0%
+2.4 ptssince 2000
from 4.6% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
21.7 min
+47%since 2000
from 14.8 min in 2000
US average: 25.2
Drive alone to work
73.3%
+0.4 ptssince 2009
from 72.9% in 2009
US average: 76.2%
Carpooled to work
19.4%
+0.1 ptssince 2009
from 19.3% in 2009
US average: 10.4%
Public transit
0.9%
−0.4 ptssince 2009
from 1.3% in 2009
US average: 4.7%
Worked from home
2.3%
−0.6 ptssince 2009
from 3.0% in 2009
US average: 4.1%
Walked to work
1.5%
Unchangedsince 2009
from 1.5% in 2009
US average: 2.8%
Biked to work
0.7%
+0.2 ptssince 2009
from 0.5% in 2009
US average: 0.5%
No vehicle available
8.2%
−0.8 ptssince 2009
from 9.0% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
12.2%
−0.7 ptssince 2009
from 13.0% in 2009
US average: 12.9%
Management & professional
27.6%
−26.9 ptssince 2009
from 54.6% in 2009
US average: 35.2%
Section 08

People & community

Male
47.2%
−1.0 ptssince 2009
from 48.2% in 2009
Female
52.8%
+1.0 ptssince 2009
from 51.8% in 2009
Foreign born
10.9%
−1.1 ptssince 2009
from 11.9% in 2009
US average: 12.8%
Veterans
14.5%
−33.8 ptssince 2009
from 48.3% in 2009
US average: 9.9%
Drill deeper

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Compare Palmetto to nearby cities

PALMETTO VS
Memphis
Income$74,839+105%
Home value$313,800+106%
Population9,185−32%
SEE FULL COMPARISON →
PALMETTO VS
Bradenton
Income$60,822+66%
Home value$309,400+103%
Population58,014+328%
SEE FULL COMPARISON →
PALMETTO VS
South Bradenton
Income$48,315+32%
Home value$167,200+10%
Population25,990+92%
SEE FULL COMPARISON →
PALMETTO VS
Bayshore Gardens
Income$44,958+23%
Home value$181,400+19%
Population18,131+34%
SEE FULL COMPARISON →
Frequently asked

How many people live in Palmetto, Florida?

Palmetto, Florida has about 12,606 residents according to the 2010 American Community Survey.

What is the median household income in Palmetto, Florida?

The typical household in Palmetto, Florida earns about $36,550 a year. Half of households make more than that, and half make less.

Is Palmetto, Florida expensive?

In Palmetto, Florida, the median home is worth about $152,200, and the typical rent is about $708 a month.

How educated are people in Palmetto, Florida?

About 17.6% of adults age 25 and over in Palmetto, Florida hold a bachelor's degree or higher.

What is the poverty rate in Palmetto, Florida?

About 12.5% of people in Palmetto, Florida live below the federal poverty line.

Has Palmetto, Florida grown since 1990?

Yes, Palmetto, Florida has grown since 1990. The population has added about 3,338 residents, a change of about 36 percent over that period.

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

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