Census Bureau data for Palmetto city 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.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Palmetto city
- What is the median household income in Palmetto city?
- The median household income in Palmetto city is $54,745 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Palmetto city?
- The poverty rate in Palmetto city is 5.9% (U.S. Census Bureau ACS 2023).
- What is the median home value in Palmetto city?
- $203,600 (U.S. Census Bureau ACS 2023).
- What is the average rent in Palmetto city?
- The median gross rent in Palmetto city is $1,223 per month (U.S. Census Bureau ACS 2023).
- What percentage of Palmetto city residents have a college degree?
- 13.2% of adults in Palmetto city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
4,681
Median Income
$54,745
Median Home Value
$203,600
Poverty Rate
5.9%
Unemployment (ACS 2023)
1.9%
Median Age
42.0 yrs
Since 2019
Median Income:
+$7,726 (+16.4%)
Home Value:
+$74,400 (+57.6%)
Poverty Rate:
-13.1 pp (-68.9%)
Bachelor's+:
+0.9 pp (+7.3%)
Unemployment:
-8.2 pp (-81.2%)
Demographics
Total Population
4,681
Median Age
42.0
Female
56.5%
Race & Ethnicity
Hispanic or Latino 19.7%
White (non-Hisp.) 23.3%
Black 52.3%
Asian 0.3%
Two or More 8.0%
Other 15.8%
Hispanic Subgroups (% of total pop.)
Mexican
16.4%
Puerto Rican
2.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$54,745
±$30,058
-$19,919 vs. state
Per Capita Income
$74,651
Median Family Income
$77,910
Poverty Rate
5.9%
-4.0 pp vs. state
Child Poverty Rate
16.2%
Working-Age Poverty Rate
—
SNAP Recipients
15.4%
Social Security Income
—
Retirement Income
30.7%
Household Income Distribution
< $10k
5.9%
$10–15k
4.8%
$15–25k
1.7%
$25–35k
4.7%
$35–50k
15.8%
$50–75k
24.2%
$75–100k
11.1%
$100–150k
11.2%
$150–200k
19.3%
$200k+
1.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
2,247
Owner-Occupied
48.4%
Renter-Occupied
51.6%
Vacancy Rate
15.2%
Median Home Value
$203,600
-$69,300 vs. state
Median Gross Rent
$1,223
Owner Cost Burden (30%+)
51.2%
Renter Cost Burden (30%+)
21.9%
Home Value Distribution
$50–100k
5.1%
$100–200k
15.5%
$200–300k
33.7%
$300–500k
14.1%
$500k–$1M
4.1%
Gross Rent Distribution
< $500
3.9%
$500–1k
16.8%
$1–1.5k
43.8%
$1.5–2k
29.0%
$2–2.5k
6.4%
Vehicle Availability
No vehicle
16.5%
1 vehicle
25.8%
2 vehicles
32.6%
3+
25.1%
Housing Type
Single-fam. det.
65.3%
Single-fam. att.
8.4%
2–4 units
1.7%
5–19 units
2.1%
20+ units
9.5%
Housing Age
Pre-1940
2.2%
1940–1969
5.6%
1970–1999
10.9%
2000–2009
20.2%
2010+
0.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
90.1%
Bachelor's or Higher
13.2%
-21.0 pp vs. state
Graduate Degree
4.3%
Some College / Associate
25.1%
Less Than High School
6.5%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
66.7%
Unemployment Rate
1.9%
-3.2 pp vs. state
Work from Home
15.6%
Self-Employed
1.8%
Government Workers
22.4%
Private For-Profit
75.9%
Industry
Arts/Entmt.
23.1%
Edu/Health
17.0%
Construction
9.9%
Transportation
9.9%
Retail
9.6%
Wholesale
9.6%
Public Admin
9.3%
Manufacturing
7.0%
Prof. Services
3.9%
Finance
0.8%
Occupation
Management
38.6%
Production
22.3%
Sales
19.2%
Food Prep
10.2%
Construction
9.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
28.4 min
Drove Alone
71.3%
Carpool
9.2%
Public Transit
0.8%
Work from Home
15.6%
Walked
0.0%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
1,906
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
47.3%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
15.2%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
5.2%
5–9
8.4%
10–14
3.7%
15–19
6.1%
20–24
9.0%
25–34
8.2%
35–44
10.4%
45–54
14.4%
55–64
11.5%
65–74
6.2%
75–84
11.5%
85+
2.4%
Under 18: 20.8%
Working age (18–64): 79.2%
65 and over: 16.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
7.1%
Naturalized Citizen
53.9%
Speaks English Less Than Very Well
5.7%
Foreign-Born Origin
Latin America
68.9%
Africa
20.1%
Europe
6.9%
Asia
4.2%
Veterans & Disability
Veteran
4.1%
With a Disability
15.5%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
91.0%
Uninsured
9.0%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
95.3%
Has a Computer
93.0%
Same House 1 Year Ago
84.4%
Moved from Abroad
3.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023