Palmetto Bay, FL
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Palmetto Bay, FL: Quick Facts & Overview
- Population: 24,639 residents (1,148 people per sq. mi.)
- Average House Price: $880,866
- Average Household Income: $142,447
Palmetto Bay, FL is located in the state of Florida. It is home to about 24,639 people, with around 1,148 residents living in every square mile.
If you want to buy a house in Palmetto Bay, the average price is around $880,866. That makes local housing 135% higher than the Florida average of $374,554, and 185% higher than the national average of $308,592.
The average household in Palmetto Bay earns about $142,447 a year. This income is 85% higher than the average family in Florida ($77,206), and 81% higher than the national average ($78,686).
Population
24,639
Median Household Income
$142,447
Median Home Value
$880,866
Median Age
41.0 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $60,079 |
| Labor Force Participation | 66.9% |
| Unemployment Rate | 2.7% |
| Average Commute Time | 35.3 mins |
Housing & Community Metrics
| Home Ownership Rate | 78.2% |
| Median Rent | $2,101 |
| Rent Burdened (>30% Income) | 37.9% |
| Total Housing Units | 8,150 |
Additional Census & Housing Profile
Geographic Overview
| County | Miami-Dade |
| County FIPS | 12086 |
| Metro Area (CBSA) | Miami-Fort Lauderdale-West Palm Beach, FL |
| Combined Area (CSA) | Miami-Port St. Lucie-Fort Lauderdale, FL |
| Population Density | 1,148.3/sq mi |
| Coordinates (lat/lng) | 25.6219, -80.3221 |
| Timezone | America/New_York |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 3.45 |
| Dual Income Families | 59.4% |
Marital Status
| Married | 58.9% |
| Never Married | 26.2% |
| Divorced | 10.2% |
| Widowed | 4.6% |
Gender
| Male | 50.7% |
| Female | 49.3% |
Health & Poverty
| Uninsured Rate (Health) | 4.1% |
| Poverty Rate | 5.8% |
Key Population Groups
| Veterans | 4.5% |
| Disabled Population | 10.2% |
| Limited English Proficiency | 9.7% |
All ZIP Codes in Palmetto Bay
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Palmetto Estates, FL | 2.5 miles | 16,129 |
| West Perrine, FL | 2.8 miles | 11,162 |
| Cutler Bay, FL | 3.2 miles | 45,070 |
| Pinecrest, FL | 3.2 miles | 18,462 |
| Richmond Heights, FL | 3.2 miles | 9,992 |
| Kendall, FL | 3.9 miles | 79,562 |
| South Miami Heights, FL | 4.6 miles | 38,766 |
| Three Lakes, FL | 5 miles | 16,888 |
| Goulds, FL | 5.9 miles | 14,425 |
| The Crossings, FL | 6 miles | 22,963 |
| Glenvar Heights, FL | 6 miles | 19,395 |
| Sunset, FL | 6.1 miles | 13,535 |
| South Miami, FL | 6.2 miles | 12,277 |
| Coral Gables, FL | 6.5 miles | 49,802 |
| Richmond West, FL | 6.7 miles | 35,593 |
| Country Walk, FL | 7.1 miles | 19,291 |
| Olympia Heights, FL | 7.1 miles | 12,399 |
| Princeton, FL | 7.4 miles | 42,625 |
| Westwood Lakes, FL | 7.7 miles | 10,553 |
| Kendale Lakes, FL | 8 miles | 52,622 |
| The Hammocks, FL | 8.5 miles | 58,838 |
| Coral Terrace, FL | 8.7 miles | 24,895 |
| Westchester, FL | 8.9 miles | 52,032 |
| Kendall West, FL | 9.3 miles | 35,912 |
| West Miami, FL | 9.5 miles | 7,162 |
| Naranja, FL | 9.6 miles | 15,796 |
| Homestead Base, FL | 9.9 miles | 1,125 |
| Fountainebleau, FL | 10.5 miles | 55,665 |
| Tamiami, FL | 10.5 miles | 49,752 |
| Key Biscayne, FL | 10.9 miles | 14,791 |
| Sweetwater, FL | 11.3 miles | 20,085 |
| Leisure City, FL | 11.4 miles | 27,808 |
| Virginia Gardens, FL | 13.1 miles | 2,423 |
| Miami, FL | 13.2 miles | 6,391,670 |
| Homestead, FL | 13.3 miles | 82,807 |
| Doral, FL | 13.5 miles | 79,216 |
| Miami Springs, FL | 13.8 miles | 13,726 |
| Brownsville, FL | 14.7 miles | 16,936 |
| Fisher Island, FL | 14.8 miles | 1,026 |
| Florida City, FL | 15.4 miles | 12,943 |
| Gladeview, FL | 15.9 miles | 16,655 |
| Medley, FL | 16.9 miles | 988 |
| Hialeah, FL | 17.1 miles | 226,165 |
| West Little River, FL | 17.1 miles | 33,890 |
| Miami Beach, FL | 17.6 miles | 82,031 |
| El Portal, FL | 18 miles | 1,809 |
| Pinewood, FL | 18.3 miles | 18,114 |
| Hialeah Gardens, FL | 18.5 miles | 22,915 |
| Westview, FL | 18.7 miles | 12,107 |
| North Bay Village, FL | 18.9 miles | 8,118 |
| Miami Shores, FL | 19.2 miles | 11,752 |
| Opa-locka, FL | 19.6 miles | 16,282 |
| Biscayne Park, FL | 20 miles | 3,085 |
| Miami Lakes, FL | 20.1 miles | 31,553 |
| Biscayne Gardens, FL | 21.3 miles | 35,472 |
| North Miami, FL | 21.5 miles | 60,344 |
| Surfside, FL | 21.6 miles | 5,631 |
| Palm Springs North, FL | 21.7 miles | 5,410 |
| Bay Harbor Islands, FL | 21.8 miles | 5,847 |
| Country Club, FL | 22 miles | 51,296 |
| Bal Harbour, FL | 22.4 miles | 3,055 |
| Miami Gardens, FL | 22.8 miles | 113,177 |
| North Miami Beach, FL | 23.4 miles | 43,898 |
| Miramar, FL | 24.6 miles | 138,600 |
| Ives Estates, FL | 25.1 miles | 28,506 |
| Sunny Isles Beach, FL | 25.1 miles | 22,437 |
| Ojus, FL | 25.2 miles | 19,198 |
| North Key Largo, FL | 25.2 miles | 1,808 |
| Aventura, FL | 25.8 miles | 39,885 |
| West Park, FL | 26.3 miles | 15,249 |
| Pembroke Park, FL | 26.7 miles | 6,360 |
| Golden Beach, FL | 26.9 miles | 691 |
| Pembroke Pines, FL | 27 miles | 173,194 |
| Hallandale Beach, FL | 27.5 miles | 41,854 |
| Cooper City, FL | 29.4 miles | 34,660 |
| Southwest Ranches, FL | 29.6 miles | 7,656 |
| Hollywood, FL | 29.7 miles | 155,082 |
| Davie, FL | 31.7 miles | 108,346 |
| Dania Beach, FL | 31.8 miles | 32,180 |
| Weston, FL | 33.5 miles | 68,837 |
| Broadview Park, FL | 33.6 miles | 7,119 |
| Plantation, FL | 35 miles | 96,293 |
| Key Largo, FL | 35 miles | 13,026 |
| Boulevard Gardens, FL | 35.9 miles | 1,499 |
| Washington Park, FL | 36.3 miles | 2,402 |
| Franklin Park, FL | 36.4 miles | 1,688 |
| Sunrise, FL | 36.8 miles | 97,918 |
| Roosevelt Gardens, FL | 36.9 miles | 3,031 |
| Fort Lauderdale, FL | 37.5 miles | 185,604 |
| Lauderhill, FL | 37.7 miles | 74,896 |
| Lauderdale Lakes, FL | 38.5 miles | 36,404 |
| Wilton Manors, FL | 38.8 miles | 11,511 |
| Oakland Park, FL | 39.8 miles | 44,682 |
| Tamarac, FL | 40.6 miles | 73,019 |
| North Lauderdale, FL | 41.2 miles | 45,234 |
| Lauderdale-by-the-Sea, FL | 42.3 miles | 6,232 |
| Sea Ranch Lakes, FL | 42.3 miles | 466 |
| Tavernier, FL | 43.3 miles | 2,413 |
| Margate, FL | 43.7 miles | 59,198 |
| Pompano Beach, FL | 44.5 miles | 114,147 |