All Countries
Palmetto, FL
Full City Profile · Florida · Manatee County County
3.2
/5.0
B
Good
13,449
Population
2,504/sq mi density
$61,538
Median Income
$39,847 per capita
$256,700
Home Value
$349,580 Zillow
$1,286
Median Rent
35.3% income on rent
75°F
Avg Temperature
330 sunny days/yr
563
Violent Crime/100K
2,548 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$61,538 median income, 2.0% unemployment
A
Affordability
4.3 / 5.0
$256,700 home value, $1,286/mo rent
F
Safety
1.0 / 5.0
563 violent crimes/100K (48% above avg)
B
Education
3.4 / 5.0
30.2% bachelor's degree or higher
Income Overview
Median Household Income
$61,538
18% below
US avg: $75,149
Per Capita Income
$39,847
2% above
US avg: $39,052
Unemployment Rate
2.0%
44% below
US avg: 3.6%
Poverty Rate
8.3%
33% below
US avg: 12.4%
Income Comparison: Palmetto vs. U.S. Average
Each bar shows Palmetto’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$61,538
82%
Per Capita
US: $39,052
$39,847
102%
IRS Avg AGI
US: $72,000
$106,916
148%
Avg Weekly Wage
US: $1,432
$1,170
82%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,170
18% below US avg ($1,432)
Mean Commute Time
24 min
13% below US avg (28 min)
Work From Home
12.7%
16% below US avg (15.2%)
Drive Alone
70.5%
4% below US avg (73.2%)
Public Transit
0.2%
95% below US avg (5.0%)
County GDP
$26,348M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
70.5%
Public Transit
0.2%
Work From Home
12.7%
Other
16.6%
Average commute time
24 minutes
US avg: 28 min
Business Landscape
Total Establishments
14,624
Restaurants
773
Healthcare
1,127
Retail
1,394
Manufacturing
303
Tax & Financial
IRS Avg Adjusted Gross Income
$106,916
48% above US avg ($72,000)
Avg Property Tax
$8,900
154% 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 | $61,538 |
| Per Capita Income | $39,847 |
| IRS Avg Adjusted Gross Income | $106,916 |
| Avg Weekly Wage | $1,170 |
| County GDP | $26,348M |
Hardship Indicators
| Unemployment Rate | 2.0% |
| Poverty Rate | 8.3% |
| Gini Coefficient | 0.471 |
| Cost of Living Index | 103.4 |
Commute
| Mean Commute | 24 minutes |
| Drive Alone | 70.5% |
| Public Transit | 0.2% |
| Work From Home | 12.7% |
Businesses
| Total Establishments | 14,624 |
| Restaurants | 773 |
| Healthcare | 1,127 |
| Retail | 1,394 |
| Manufacturing | 303 |
Tax
| IRS Avg AGI | $106,916 |
| Avg Property Tax | $8,900 |