At a Glance
Median Income
$82,199
$29,265 per capita
Home Value
$412,200
Zillow: $557,022
Median Rent
$2,015/mo
39.1% of income on rent
Bachelor's Degree+
27.5%
85.4% high school+
Unemployment
4.3%
5.9% poverty rate
Obesity Rate
30.2%
12.3% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Palmetto Estates a Good Place to Live?
B+
3.8 / 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 4.3% (19% above 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.
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. Annual precipitation totals 56.1 inches.
Data Overview
People
Population16,587
Median Age41.6 yrs
Density7,679/mi²
Male / Female46% / 54%
Foreign Born49.9%
Veterans2.3%
Economy
A
Median Income$82,199
Per Capita$29,265
Unemployment4.3%
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%
Health
Obesity30.2%
Diabetes13.6%
Smoking12.3%
Heart Disease5.7%
Premature Death6,314/100K
Climate
Avg Temp76°F
Rain56.1 in/yr
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.
11.1% of the population has a disability.
49.9% 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.