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Palmetto Estates CDP, Florida

City

Population: 16,587 (2023 estimate)

Located in Florida , Florida

Census Bureau data for Palmetto Estates CDP from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Palmetto Estates CDP

What is the median household income in Palmetto Estates CDP?
The median household income in Palmetto Estates CDP is $82,199 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Palmetto Estates CDP?
The poverty rate in Palmetto Estates CDP is 5.9% (U.S. Census Bureau ACS 2023).
What is the median home value in Palmetto Estates CDP?
$412,200 (U.S. Census Bureau ACS 2023).
What is the average rent in Palmetto Estates CDP?
The median gross rent in Palmetto Estates CDP is $2,015 per month (U.S. Census Bureau ACS 2023).
What percentage of Palmetto Estates CDP residents have a college degree?
27.5% of adults in Palmetto Estates CDP hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
16,587
Median Income
$82,199
Median Home Value
$412,200
Poverty Rate
5.9%
Unemployment (ACS 2023)
4.3%
Median Age
41.0 yrs
Since 2019 Median Income: +$19,289 (+30.7%) Home Value: +$176,200 (+74.7%) Poverty Rate: -1.0 pp (-14.5%) Bachelor's+: +6.6 pp (+31.6%) Unemployment: -2.2 pp (-33.8%)

Demographics

Total Population 16,587
Median Age 41.0
Female 54.1%
Race & Ethnicity
Hispanic or Latino 56.0% White (non-Hisp.) 6.9% Black 33.6% Asian 1.6% Two or More 36.0% Other 7.7%
Asian Subgroups (% of total pop.)
Indian
0.4%
Filipino
0.3%
Chinese
0.2%
Japanese
0.1%
Hispanic Subgroups (% of total pop.)
Cuban
37.9%
Puerto Rican
2.2%
Mexican
0.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $82,199 ±$22,738
+$10,488 vs. state
Per Capita Income $104,289
Median Family Income $77,410
Poverty Rate 5.9%
-3.0 pp vs. state
Child Poverty Rate 8.9%
Working-Age Poverty Rate
SNAP Recipients 19.5%
Social Security Income
Retirement Income 21.7%
Household Income Distribution
< $10k
1.9%
$10–15k
1.4%
$15–25k
3.5%
$25–35k
7.2%
$35–50k
9.5%
$50–75k
15.6%
$75–100k
19.2%
$100–150k
19.6%
$150–200k
12.8%
$200k+
9.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 4,253
Owner-Occupied 89.2%
Renter-Occupied 10.8%
Vacancy Rate 0.5%
Median Home Value $412,200
+$87,200 vs. state
Median Gross Rent $2,015
Owner Cost Burden (30%+) 37.9%
Renter Cost Burden (30%+) 65.7%
Home Value Distribution
< $50k
4.5%
$50–100k
0.1%
$200–300k
12.9%
$300–500k
63.3%
$500k–$1M
16.3%
$1M+
0.5%
Gross Rent Distribution
< $500
15.9%
$1–1.5k
20.0%
$1.5–2k
12.8%
$2–2.5k
46.0%
$2.5–3.5k
4.3%
$3.5k+
1.1%
Vehicle Availability
No vehicle
6.8%
1 vehicle
18.2%
2 vehicles
34.0%
3+
41.0%
Housing Type
Single-fam. det.
93.1%
Single-fam. att.
2.7%
2–4 units
0.1%
20+ units
3.8%
Mobile home
0.3%
Housing Age
Pre-1940
0.2%
1940–1969
0.4%
1970–1999
35.3%
2000–2009
3.5%
2010+
0.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 85.4%
Bachelor's or Higher 27.5%
-5.7 pp vs. state
Graduate Degree 7.8%
Some College / Associate 17.1%
Less Than High School 5.6%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 61.8%
Unemployment Rate 4.3%
-0.5 pp vs. state
Work from Home 4.0%
Self-Employed 6.7%
Government Workers 15.0%
Private For-Profit 78.3%
Industry
Edu/Health
26.6%
Retail
13.8%
Prof. Services
11.8%
Transportation
9.6%
Finance
7.5%
Arts/Entmt.
7.4%
Construction
6.4%
Public Admin
4.4%
Manufacturing
4.0%
Information
1.0%
Wholesale
0.8%
Occupation
Management
35.9%
Sales
22.4%
Food Prep
21.6%
Production
11.5%
Construction
8.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 35.2 min
Drove Alone 81.4%
Carpool 10.2%
Public Transit 1.4%
Work from Home 4.0%
Walked 0.0%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 4,232
Avg. Household Size 3.00
Avg. Family Size
Married-Couple Households 51.3%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 17.9%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
5.0%
5–9
5.3%
10–14
5.3%
15–19
8.5%
20–24
6.0%
25–34
10.4%
35–44
14.2%
45–54
17.5%
55–64
5.0%
65–74
6.2%
75–84
10.3%
85+
4.2%
Under 18: 21.2% Working age (18–64): 78.8% 65 and over: 16.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 49.9%
Naturalized Citizen 65.6%
Speaks English Less Than Very Well 29.1%
Foreign-Born Origin
Latin America
94.4%
Asia
2.6%
Europe
1.5%
Africa
1.3%

Veterans & Disability

Veteran 2.3%
With a Disability 11.1%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 84.5%
Uninsured 15.5%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 93.4%
Has a Computer 96.3%
Same House 1 Year Ago 94.4%
Moved from Abroad 1.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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