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Palatka, FL
Full City Profile · Florida · Putnam County County
2.5
/5.0
C+
Fair
10,558
Population
1,072/sq mi density
$33,628
Median Income
$19,217 per capita
$112,300
Home Value
$204,123 Zillow
$914
Median Rent
33.6% income on rent
70°F
Avg Temperature
314 sunny days/yr
507
Violent Crime/100K
4,775 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$33,628 median income, 3.1% unemployment
A+
Affordability
4.8 / 5.0
$112,300 home value, $914/mo rent
F
Safety
1.0 / 5.0
507 violent crimes/100K (33% above avg)
D
Education
2.0 / 5.0
12.1% bachelor's degree or higher
Housing Overview
Median Home Value
$112,300
60% below
US avg: $281,900
Median Rent
$914/mo
21% below
US avg: $1,163/mo
Homeownership Rate
46.5%
29% below US avg (65.4%)
Total Housing Units
4,667
Median year built: 1969
Home Value by Source
Census Median
$112,300
Zillow (ZHVI)
$204,123
Median Sale Price
$210,000
Median List Price
$249,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
46.5%
Owner-Occupied
53.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent:
$914/mo
· Zillow rent:
$1,367/mo
Market Indicators (Redfin)
Median Days on Market
69 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
7
Price Drops
32.2%
of listings with price reduction
Price Per Sq Ft
$166
Active Inventory
59
homes for sale
Affordability & Housing Stock
Rent Burden
33.6%
of renters spending 30%+ of income on housing
8% above US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
46.5%
Complete Housing Data
Home Values
| Census Median Value | $112,300 |
| Zillow Home Value (ZHVI) | $204,123 |
| Median Sale Price | $210,000 |
| Median List Price | $249,000 |
| Price Per Sq Ft | $166 |
Rent
| Census Median Rent | $914 |
| Zillow Rent (ZORI) | $1,367 |
| FMR Studio | $1,212 |
| FMR 1-Bedroom | $1,296 |
| FMR 2-Bedroom | $1,526 |
| FMR 3-Bedroom | $1,971 |
| FMR 4-Bedroom | $2,261 |
Market
| Days on Market | 69 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 32.2% |
| Homes Sold | 7 |
| Active Inventory | 59 |
| Price Per Sq Ft | $166 |
Ownership & Stock
| Owner-Occupied | 46.5% |
| Renter-Occupied | 53.5% |
| Homeownership Rate | 46.5% |
| Total Housing Units | 4,667 |
| Median Year Built | 1969 |
| Rent Burden | 33.6% |