Palmetto Estates, FL
Full City Profile · Florida · Miami-Dade County County
Palmetto Estates, FL
At a Glance
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)
Is Palmetto Estates a Good Place to Live?
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.
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