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Palmetto Estates, FL

Full City Profile · Florida · Miami-Dade County County

3.1 /5.0
B Good
16,587 Population 7,679/sq mi density
$82,199 Median Income $29,265 per capita
$412,200 Home Value $557,022 Zillow
$2,015 Median Rent 39.1% income on rent
76°F Avg Temperature 330 sunny days/yr
179 Violent Crime/100K 3,404 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$82,199 median income, 2.6% unemployment
B+
Affordability
3.8 / 5.0
$412,200 home value, $2,015/mo rent
F
Safety
1.0 / 5.0
179 violent crimes/100K
B
Education
3.2 / 5.0
27.5% bachelor's degree or higher

Palmetto Estates, FL

At a Glance

Median Income
$82,199
9% above
$29,265 per capita
Home Value
$412,200
46% above
Zillow: $557,022
Median Rent
$2,015/mo
73% above
39.1% of income on rent
Violent Crime
179/100K
53% below
3,404/100K property
Bachelor's Degree+
27.5%
18% below
85.4% high school+
Unemployment
2.6%
28% below
5.9% poverty rate
Obesity Rate
30.2%
6% below
12.3% smoking rate
Avg Temperature
76°F
330 sunny days/yr

How Palmetto Estates Compares to the U.S. Average

Each bar shows Palmetto Estates's value as a percentage of the national average (100% = U.S. avg)

Income
109%
Home Value
146%
Rent
173%
Poverty
48%
Bachelor's
82%
Unemployment
72%
Crime
47%
Thin vertical line = U.S. national average (100%)

Is Palmetto Estates a Good Place to Live?

B
3.1 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Palmetto Estates residents earn a median household income of $82,199 , which is 9% above the national average of $75,149. Per capita income is $29,265. The unemployment rate stands at 2.6% (28% below the U.S. rate of 3.6%). 5.9% of residents live below the poverty line. The area is home to 123,309 business establishments, including 6,356 restaurants.

Housing & Cost of Living

The median home value in Palmetto Estates is $412,200 , 46% above the national median of $281,900. Zillow estimates the typical home at $557,022. Median rent is $2,015/month, with 39.1% 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 1972.

Safety & Crime

Palmetto Estates reports 179 violent crimes per 100,000 residents , which is 53% below the national average of 380/100K. Property crime is 3,404/100K.

Education

27.5% of adults in Palmetto Estates hold a bachelor's degree or higher (18% below the national average). 85.4% have completed high school. Local schools score 5.7/10 in standardized testing.

Climate & Weather

Palmetto Estates has an average annual temperature of 76°F (25°C). Winters average 67°F in January while summers reach 83°F in July. The area gets 330 sunny days per year. Annual precipitation totals 56.1 inches. Air quality is rated Good with a median AQI of 41.

Data Overview

People

Population16,587
Median Age41.6 yrs
Density7,679/mi²
Male / Female46% / 54%
Foreign Born13.6%
Veterans2.3%

Economy

A+
Median Income$82,199
Per Capita$29,265
Unemployment2.6%
Poverty5.9%
County GDP$260,837M
Avg Weekly Wage$1,492

Housing

B+
Home Value$412,200
Rent$2,015
Ownership89.2%
Zillow$557,022
Housing Units4,240
Rent Burden39.1%

Crime

F
Violent179/100K
Property3,404/100K

Health

Obesity30.2%
Diabetes13.6%
Smoking12.3%
Heart Disease5.7%
Premature Death6,314/100K

Climate

Avg Temp76°F
Sunny Days330/yr
Rain56.1 in/yr
AQI41 (Good)
Elevation12 ft

Education

B
Bachelor's+27.5%
High School+85.4%
Graduate+6.0%
School Score5.7/10

Community

2024 VoteR 55% / D 44%
Commute35 min
Broadband93.4%
Internet Speed167 Mbps
EV Stations8
Libraries63

Did You Know?

The median home in Palmetto Estates was built in 1972.
The nearest airport is Miami International (13 miles).
The Gini coefficient (income inequality) is 0.516 (U.S. avg: 0.490).
Natural hazard risk is rated "Very High" by FEMA.
9.4% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 167 Mbps.
There are 6,356 restaurants in the area.
The county recorded 290 fatal vehicle crashes.