Palmetto Bay, FL
Demographics And Statistics
Living In Palmetto Bay, Florida Summary
Life in Palmetto Bay research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Palmetto Bay 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 Bay:
The population in Palmetto Bay is 24,267.
The median home value in Palmetto Bay is $962,359.
The median income in Palmetto Bay is $144,987.
The cost of living in Palmetto Bay is 141 which is 1.4x higher than the national average.
The median rent in Palmetto Bay is $1,728.
The unemployment rate in Palmetto Bay is 3.6%.
The poverty rate in Palmetto Bay is 5.2%.
The average high in Palmetto Bay is 83.2° and the average low is 68.8°.
Palmetto Bay SnackAbility
Overall SnackAbility
Palmetto Bay, FL Crime Report
Crime in Palmetto Bay summary. We use data from the FBI to determine the crime rates in Palmetto Bay. Key points include:
There were 540 total crimes in Palmetto Bay in the last reporting year.
The overall crime rate per 100,000 people in Palmetto Bay is 2,191.5 / 100k people.
The violent crime rate per 100,000 people in Palmetto Bay is 121.7 / 100k people.
The property crime rate per 100,000 people in Palmetto Bay is 2,069.7 / 100k people.
Overall, crime in Palmetto Bay is -5.71% below the national average.
Total Crimes
Below National Average
Crime In Palmetto Bay Comparison Table
| Statistic | Count Raw |
Palmetto Bay / 100k People |
Florida / 100k People |
National / 100k People |
|---|---|---|---|---|
| Total Crimes Per 100K | 540 | 2,191.5 | 2,153.0 | 2,324.2 |
| Violent Crime | 30 | 121.7 | 383.6 | 369.8 |
| Murder | 0 | 0.0 | 5.9 | 6.3 |
| Robbery | 7 | 28.4 | 62.2 | 66.1 |
| Aggravated Assault | 18 | 73.0 | 280.1 | 268.2 |
| Property Crime | 510 | 2,069.7 | 1,769.4 | 1,954.4 |
| Burglary | 55 | 223.2 | 240.6 | 269.8 |
| Larceny | 423 | 1,716.7 | 1,352.7 | 1,401.9 |
| Car Theft | 32 | 129.9 | 176.1 | 282.7 |
Palmetto Bay, FL Cost Of Living
Cost of living in Palmetto Bay summary. We use data on the cost of living to determine how expensive it is to live in Palmetto Bay. Real estate prices drive most of the variance in cost of living around Florida. Key points include:
The cost of living in Palmetto Bay is 141 with 100 being average.
The cost of living in Palmetto Bay is 1.4x higher than the national average.
The median home value in Palmetto Bay is $962,359.
The median income in Palmetto Bay is $144,987.
Palmetto Bay's Overall Cost Of Living
Higher Than The National Average
Cost Of Living In Palmetto Bay Comparison Table
| Living Expense | Palmetto Bay | Florida | National Average | |
|---|---|---|---|---|
| Overall | 141 | 101 | 100 | |
| Services | 111 | 98 | 100 | |
| Groceries | 121 | 101 | 100 | |
| Health | 95 | 96 | 100 | |
| Housing | 217 | 108 | 100 | |
| Transportation | 109 | 98 | 100 | |
| Utilities | 107 | 100 | 100 | |
Palmetto Bay, FL Weather
The average high in Palmetto Bay is 83.2° and the average low is 68.8°.
There are 80.2 days of precipitation each year.
Expect an average of 55.4 inches of precipitation each year with 0.0 inches of snow.
| Stat | Palmetto Bay |
|---|---|
| Average Annual High | 83.2 |
| Average Annual Low | 68.8 |
| Annual Precipitation Days | 80.2 |
| Average Annual Precipitation | 55.4 |
| Average Annual Snowfall | 0.0 |
Average High
Days of Rain
Palmetto Bay, FL Photos
Rankings for Palmetto Bay in Florida
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Map Of Palmetto Bay, FL
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Palmetto Bay Demographics And Statistics
Population over time in Palmetto Bay
The current population in Palmetto Bay is 24,267. The population has increased 3.7% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2022 | 24,267 | -1.2% |
| 2021 | 24,564 | -0.5% |
| 2020 | 24,679 | 0.6% |
| 2019 | 24,522 | 0.3% |
| 2018 | 24,443 | 0.9% |
| 2017 | 24,214 | 1.5% |
| 2016 | 23,863 | 0.9% |
| 2015 | 23,650 | 0.7% |
| 2014 | 23,493 | 0.4% |
| 2013 | 23,409 | - |
Race / Ethnicity in Palmetto Bay
Palmetto Bay is:
41.3% White with 10,023 White residents.
2.6% African American with 638 African American residents.
0.0% American Indian with 0 American Indian residents.
3.8% Asian with 926 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
1.1% Other with 255 Other residents.
3.0% Two Or More with 733 Two Or More residents.
48.2% Hispanic with 11,692 Hispanic residents.
| Race | Palmetto Bay | FL | USA |
|---|---|---|---|
| White | 41.3% | 52.0% | 58.9% |
| African American | 2.6% | 14.9% | 12.1% |
| American Indian | 0.0% | 0.1% | 0.6% |
| Asian | 3.8% | 2.8% | 5.7% |
| Hawaiian | 0.0% | 0.1% | 0.2% |
| Other | 1.1% | 0.5% | 0.4% |
| Two Or More | 3.0% | 3.1% | 3.5% |
| Hispanic | 48.2% | 26.5% | 18.7% |
Gender in Palmetto Bay
Palmetto Bay is 48.7% female with 11,813 female residents.
Palmetto Bay is 51.3% male with 12,454 male residents.
| Gender | Palmetto Bay | FL | USA |
|---|---|---|---|
| Female | 48.7% | 50.8% | 50.4% |
| Male | 51.3% | 49.2% | 49.6% |
Highest level of educational attainment in Palmetto Bay for adults over 25
2.0% of adults in Palmetto Bay completed < 9th grade.
2.0% of adults in Palmetto Bay completed 9-12th grade.
12.0% of adults in Palmetto Bay completed high school / ged.
13.0% of adults in Palmetto Bay completed some college.
8.0% of adults in Palmetto Bay completed associate's degree.
34.0% of adults in Palmetto Bay completed bachelor's degree.
17.0% of adults in Palmetto Bay completed master's degree.
8.0% of adults in Palmetto Bay completed professional degree.
4.0% of adults in Palmetto Bay completed doctorate degree.
| Education | Palmetto Bay | FL | USA |
|---|---|---|---|
| < 9th Grade | 2.0% | 6.0% | 4.0% |
| 9-12th Grade | 2.0% | 6.0% | 6.0% |
| High School / GED | 12.0% | 28.0% | 26.0% |
| Some College | 13.0% | 19.0% | 20.0% |
| Associate's Degree | 8.0% | 10.0% | 9.0% |
| Bachelor's Degree | 34.0% | 20.0% | 21.0% |
| Master's Degree | 17.0% | 8.0% | 10.0% |
| Professional Degree | 8.0% | 2.0% | 2.0% |
| Doctorate Degree | 4.0% | 1.0% | 2.0% |
Household Income For Palmetto Bay, Florida
2.3% of households in Palmetto Bay earn Less than $10,000.
1.2% of households in Palmetto Bay earn $10,000 to $14,999.
6.0% of households in Palmetto Bay earn $15,000 to $24,999.
2.5% of households in Palmetto Bay earn $25,000 to $34,999.
7.8% of households in Palmetto Bay earn $35,000 to $49,999.
7.3% of households in Palmetto Bay earn $50,000 to $74,999.
9.8% of households in Palmetto Bay earn $75,000 to $99,999.
14.6% of households in Palmetto Bay earn $100,000 to $149,999.
12.5% of households in Palmetto Bay earn $150,000 to $199,999.
36.0% of households in Palmetto Bay earn $200,000 or more.
| Income | Palmetto Bay | FL | USA |
|---|---|---|---|
| Less than $10,000 | 2.3% | 5.2% | 4.9% |
| $10,000 to $14,999 | 1.2% | 3.7% | 3.8% |
| $15,000 to $24,999 | 6.0% | 7.6% | 7.0% |
| $25,000 to $34,999 | 2.5% | 8.3% | 7.4% |
| $35,000 to $49,999 | 7.8% | 12.1% | 10.7% |
| $50,000 to $74,999 | 7.3% | 17.6% | 16.1% |
| $75,000 to $99,999 | 9.8% | 13.2% | 12.8% |
| $100,000 to $149,999 | 14.6% | 16.0% | 17.1% |
| $150,000 to $199,999 | 12.5% | 7.4% | 8.8% |
| $200,000 or more | 36.0% | 9.0% | 11.4% |
