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Palmer Ranch, FL
Full City Profile · Florida · Sarasota County County
Palmer Ranch, FL
At a Glance
How Palmer Ranch Compares to the U.S. Average
Each bar shows Palmer Ranch's value as a percentage of the national average (100% = U.S. avg)
Is Palmer Ranch a Good Place to Live?
Economy & Jobs
Palmer Ranch residents earn a median household income of $103,682 , which is 38% above the national average of $75,149. Per capita income is $69,204. The unemployment rate stands at 0.8% (78% below the U.S. rate of 3.6%). 3.6% of residents live below the poverty line. The area is home to 21,213 business establishments, including 1,068 restaurants.
Housing & Cost of Living
The median home value in Palmer Ranch is $563,000 , 100% above the national median of $281,900. Zillow estimates the typical home at $661,648. Median rent is $1,819/month, with 29.8% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 1999.
Safety & Crime
Palmer Ranch reports 187 violent crimes per 100,000 residents , which is 51% below the national average of 380/100K. Property crime is 1,852/100K.
Education
55.1% of adults in Palmer Ranch hold a bachelor's degree or higher (64% above the national average). 98.8% have completed high school. Local schools score 6.4/10 in standardized testing.
Climate & Weather
Palmer Ranch has an average annual temperature of 74°F (23°C). Winters average 62°F in January while summers reach 83°F in July. The area gets 330 sunny days per year. Annual precipitation totals 51.3 inches. Air quality is rated Good with a median AQI of 41.