Palmetto Bay, FL
Full City Profile · Florida · Miami-Dade County County
3.6
/5.0
B+
Good
24,247
Population
2,925/sq mi density
$143,368
Median Income
$70,583 per capita
$787,000
Home Value
$2,145,407 Zillow
$1,862
Median Rent
39.1% income on rent
77°F
Avg Temperature
132
Violent Crime/100K
2,000 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$143,368 median income, 3.4% unemployment
B+
Affordability
3.6 / 5.0
$787,000 home value, $1,862/mo rent
F
Safety
1.0 / 5.0
132 violent crimes/100K
A+
Education
5.0 / 5.0
61.5% bachelor's degree or higher
Population Overview
Total Population
24,247
Census 2023
Population Density
2,925
per square mile
Land Area
8.5
square miles (21.9 km²)
Median Age
41.6 yrs
7% above US avg (38.9 yrs)
Gender Distribution
52.9%
Male
47.1%
Female
Race & Ethnicity
| White | 57.5% US: 61.6% |
| Black | 4% US: 12.4% |
| Hispanic | 48.5% US: 18.7% |
| Asian | 4.7% US: 5.9% |
City vs. U.S. Average
White
57.5%
Black
4%
Hispanic
48.5%
Asian
4.7%
Thin line = U.S. average
Language Spoken at Home
| English Only | 51% US: 78.5% |
| Spanish | 49.1% US: 13.4% |
City vs. U.S. Average
English Only
51%
Spanish
49.1%
Thin line = U.S. average
Social Characteristics
Foreign Born
30.2%
Veterans
5.0%
17% below US avg (6%)
Disability
9.6%
26% below US avg (13%)
Health Insurance Coverage
95.7%
5% above US avg (91.4%)
Uninsured
4.3%
50% below US avg (8.6%)
Income Inequality (Gini)
0.516
US avg: 0.490 (0 = perfect equality, 1 = max inequality)
Complete Demographics Data
Population
| Total Population | 24,247 |
| Population Year | 2023 |
| Population Density | 2,925 / sq mi |
| Land Area | 8.5 sq mi |
| Median Age | 41.6 years |
Gender
| Male | 52.9% |
| Female | 47.1% |
Race & Ethnicity
| White | 57.5% |
| Black or African American | 4.0% |
| Hispanic or Latino | 48.5% |
| Asian | 4.7% |
Language
| English Only | 51.0% |
| Spanish | 49.1% |
Social Indicators
| Foreign Born | 30.2% |
| Veterans | 5.0% |
| Disability | 9.6% |
| Health Insurance | 95.7% |
| Uninsured | 4.3% |
| Broadband Access | 92.9% |
| Gini Coefficient | 0.516 |
Classification
| USDA Rural-Urban Code | 1, Metro / 1 million+ |