Life in Palmetto Estates research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Palmetto Estates over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Palmetto Estates:
The population in Palmetto Estates is 16,587.
The median home value in Palmetto Estates is $478,235.
The median income in Palmetto Estates is $82,199.
The cost of living in Palmetto Estates is 120 which is 1.2x higher than the national average.
The median rent in Palmetto Estates is $2,015.
The unemployment rate in Palmetto Estates is 4.3%.
The poverty rate in Palmetto Estates is 10.0%.
The average high in Palmetto Estates is 83.4° and the average low is 69.1°.
Cost of living in Palmetto Estates summary. We use data on the cost of living to determine how expensive it is to live in Palmetto Estates. Real estate prices drive most of the variance in cost of living around Florida. Key points include:
The cost of living in Palmetto Estates is 120 with 100 being average.
The cost of living in Palmetto Estates is 1.2x higher than the national average.
The median home value in Palmetto Estates is $478,235.
The median income in Palmetto Estates is $82,199.
| Living Expense | Palmetto Estates | Florida | National Average | |
|---|---|---|---|---|
| Overall | 120 | 97 | 100 | |
| Services | 107 | 96 | 100 | |
| Groceries | 105 | 99 | 100 | |
| Health | 96 | 98 | 100 | |
| Housing | 150 | 96 | 100 | |
| Transportation | 105 | 97 | 100 | |
| Utilities | 104 | 95 | 100 | |
The average high in Palmetto Estates is 83.4° and the average low is 69.1°.
There are 82.8 days of precipitation each year.
Expect an average of 58.2 inches of precipitation each year with 0.0 inches of snow.
| Stat | Palmetto Estates |
|---|---|
| Average Annual High | 83.4 |
| Average Annual Low | 69.1 |
| Annual Precipitation Days | 82.8 |
| Average Annual Precipitation | 58.2 |
| Average Annual Snowfall | 0.0 |
The current population in Palmetto Estates is 16,587. The population has increased 21.7% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2023 | 16,587 | -1.1% |
| 2022 | 16,776 | 1.0% |
| 2021 | 16,612 | 1.2% |
| 2020 | 16,419 | 5.0% |
| 2019 | 15,640 | -2.1% |
| 2018 | 15,970 | -0.2% |
| 2017 | 15,998 | 0.8% |
| 2016 | 15,871 | -1.9% |
| 2015 | 16,175 | 1.3% |
| 2014 | 15,969 | 6.9% |
| 2013 | 14,939 | 0.6% |
| 2012 | 14,852 | 3.7% |
| 2011 | 14,325 | 5.1% |
| 2010 | 13,626 | - |
6.9% White with 1,152 White residents.
32.2% African American with 5,336 African American residents.
0.1% American Indian with 10 American Indian residents.
1.4% Asian with 233 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
1.5% Other with 247 Other residents.
1.9% Two Or More with 318 Two Or More residents.
56.0% Hispanic with 9,291 Hispanic residents.
| Race | Palmetto Estates | FL | USA |
|---|---|---|---|
| White | 6.9% | 51.4% | 58.2% |
| African American | 32.2% | 14.8% | 12.0% |
| American Indian | 0.1% | 0.1% | 0.5% |
| Asian | 1.4% | 2.8% | 5.7% |
| Hawaiian | 0.0% | 0.1% | 0.2% |
| Other | 1.5% | 0.6% | 0.5% |
| Two Or More | 1.9% | 3.5% | 3.9% |
| Hispanic | 56.0% | 26.7% | 19.0% |
Palmetto Estates is 54.1% female with 8,981 female residents.
Palmetto Estates is 45.9% male with 7,606 male residents.
| Gender | Palmetto Estates | FL | USA |
|---|---|---|---|
| Female | 54.1% | 50.9% | 50.5% |
| Male | 45.9% | 49.1% | 49.5% |
5.0% of adults in Palmetto Estates completed < 9th grade.
9.0% of adults in Palmetto Estates completed 9-12th grade.
32.0% of adults in Palmetto Estates completed high school / ged.
17.0% of adults in Palmetto Estates completed some college.
9.0% of adults in Palmetto Estates completed associate's degree.
20.0% of adults in Palmetto Estates completed bachelor's degree.
6.0% of adults in Palmetto Estates completed master's degree.
1.0% of adults in Palmetto Estates completed professional degree.
1.0% of adults in Palmetto Estates completed doctorate degree.
| Education | Palmetto Estates | FL | USA |
|---|---|---|---|
| < 9th Grade | 5.0% | 5.0% | 5.0% |
| 9-12th Grade | 9.0% | 6.0% | 6.0% |
| High School / GED | 32.0% | 27.0% | 26.0% |
| Some College | 17.0% | 19.0% | 19.0% |
| Associate's Degree | 9.0% | 10.0% | 9.0% |
| Bachelor's Degree | 20.0% | 21.0% | 21.0% |
| Master's Degree | 6.0% | 9.0% | 10.0% |
| Professional Degree | 1.0% | 2.0% | 2.0% |
| Doctorate Degree | 1.0% | 1.0% | 2.0% |
1.9% of households in Palmetto Estates earn Less than $10,000.
1.4% of households in Palmetto Estates earn $10,000 to $14,999.
3.5% of households in Palmetto Estates earn $15,000 to $24,999.
7.2% of households in Palmetto Estates earn $25,000 to $34,999.
9.5% of households in Palmetto Estates earn $35,000 to $49,999.
15.6% of households in Palmetto Estates earn $50,000 to $74,999.
19.2% of households in Palmetto Estates earn $75,000 to $99,999.
19.6% of households in Palmetto Estates earn $100,000 to $149,999.
12.8% of households in Palmetto Estates earn $150,000 to $199,999.
9.4% of households in Palmetto Estates earn $200,000 or more.
| Income | Palmetto Estates | FL | USA |
|---|---|---|---|
| Less than $10,000 | 1.9% | 5.1% | 4.9% |
| $10,000 to $14,999 | 1.4% | 3.4% | 3.6% |
| $15,000 to $24,999 | 3.5% | 7.0% | 6.6% |
| $25,000 to $34,999 | 7.2% | 7.7% | 6.8% |
| $35,000 to $49,999 | 9.5% | 11.6% | 10.4% |
| $50,000 to $74,999 | 15.6% | 17.3% | 15.7% |
| $75,000 to $99,999 | 19.2% | 13.1% | 12.7% |
| $100,000 to $149,999 | 19.6% | 16.8% | 17.4% |
| $150,000 to $199,999 | 12.8% | 8.0% | 9.3% |
| $200,000 or more | 9.4% | 10.1% | 12.6% |