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
Housing Overview
Median Home Value
$256,700
9% below
US avg: $281,900
Median Rent
$1,286/mo
11% above
US avg: $1,163/mo
Homeownership Rate
67.9%
4% above US avg (65.4%)
Total Housing Units
6,906
Median year built: 1984
Home Value by Source
Census Median
$256,700
Zillow (ZHVI)
$349,580
Median Sale Price
$301,250
Median List Price
$475,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
67.9%
Owner-Occupied
32.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent:
$1,286/mo
· Zillow rent:
$2,212/mo
Market Indicators (Redfin)
Median Days on Market
127 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
14
Price Drops
41.9%
of listings with price reduction
Price Per Sq Ft
$197
Active Inventory
105
homes for sale
Affordability & Housing Stock
Rent Burden
35.3%
of renters spending 30%+ of income on housing
14% above US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
67.9%
Complete Housing Data
Home Values
| Census Median Value | $256,700 |
| Zillow Home Value (ZHVI) | $349,580 |
| Median Sale Price | $301,250 |
| Median List Price | $475,000 |
| Price Per Sq Ft | $197 |
Rent
| Census Median Rent | $1,286 |
| Zillow Rent (ZORI) | $2,212 |
| FMR Studio | $1,212 |
| FMR 1-Bedroom | $1,296 |
| FMR 2-Bedroom | $1,526 |
| FMR 3-Bedroom | $1,971 |
| FMR 4-Bedroom | $2,261 |
Market
| Days on Market | 127 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 41.9% |
| Homes Sold | 14 |
| Active Inventory | 105 |
| Price Per Sq Ft | $197 |
Ownership & Stock
| Owner-Occupied | 67.9% |
| Renter-Occupied | 32.1% |
| Homeownership Rate | 67.9% |
| Total Housing Units | 6,906 |
| Median Year Built | 1984 |
| Rent Burden | 35.3% |