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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

Income Overview

Median Household Income
$82,199
9% above
US avg: $75,149
Per Capita Income
$29,265
25% below
US avg: $39,052
Unemployment Rate
2.6%
28% below
US avg: 3.6%
Poverty Rate
5.9%
52% below
US avg: 12.4%

Income Comparison: Palmetto Estates vs. U.S. Average

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

Median Household
US: $75,149
$82,199
109%
Per Capita
US: $39,052
$29,265
75%
IRS Avg AGI
US: $72,000
$111,222
154%
Avg Weekly Wage
US: $1,432
$1,492
104%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,492
4% above US avg ($1,432)
Mean Commute Time
35 min
28% above US avg (28 min)
Work From Home
4.0%
74% below US avg (15.2%)
Drive Alone
81.4%
11% above US avg (73.2%)
Public Transit
1.4%
73% below US avg (5.0%)
County GDP
$260,837M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 81.4%
Public Transit 1.4%
Work From Home 4%
Other 13.2%
Average commute time
35 minutes
US avg: 28 min

Business Landscape

Total Establishments
123,309
Restaurants
6,356
Healthcare
11,061
Retail
10,749
Manufacturing
2,137

Tax & Financial

IRS Avg Adjusted Gross Income
$111,222
54% above US avg ($72,000)
Avg Property Tax
$12,130
247% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$82,199
Per Capita Income$29,265
IRS Avg Adjusted Gross Income$111,222
Avg Weekly Wage$1,492
County GDP$260,837M

Hardship Indicators

Unemployment Rate2.6%
Poverty Rate5.9%
Gini Coefficient0.516
Cost of Living Index103.4

Commute

Mean Commute35 minutes
Drive Alone81.4%
Public Transit1.4%
Work From Home4.0%

Businesses

Total Establishments123,309
Restaurants6,356
Healthcare11,061
Retail10,749
Manufacturing2,137

Tax

IRS Avg AGI$111,222
Avg Property Tax$12,130