Palmetto Bay, FL Population Statistics: Density Map Data
Analyze population trends, housing costs, and the local economy by exploring Map AI.
Area Snapshot Statistics
Key statistics on population, economy, housing, and commuting compared to state and national averages. Explore interactive maps for deeper analysis.
Population
| Metric | Palmetto Bay | Florida Avg | U.S. Average |
|---|---|---|---|
| Population | 21,161 | 22,318,419 | 334,821,731 |
| Population density (per sq mi) | 2506.8 | 312.4 | 85.8 |
| Population growth (%/yr) | -0.03% | 1.35% | 0.57% |
| Median age | 42.6 | 40.2 | 37.1 |
| Households | 7,426 | 8,536,315 | 128,459,983 |
Population in Palmetto Bay grew by 13.0% from 2009 to 2023, reaching 21,582 in 2023.
Population Growth 2009–2023
Race & Ethnicity
Economy
Palmetto Bay has a the economy index of A, which means it is very prosperous.
| Metric | Palmetto Bay | Florida Avg | U.S. Average |
|---|---|---|---|
| Median household income | $134,775 | $71,865 | $78,145 |
| Income growth (%/yr) | 3.99% | 5.65% | 5.07% |
| Unemployment rate | 3.9% | 4.8% | 5.2% |
The median household income in Palmetto Bay is about 88% higher than in Florida.
Housing
| Metric | Palmetto Bay | Florida Avg | U.S. Average |
|---|---|---|---|
| Median home price | $964,046 | $293,727 | $242,182 |
| Median rent | $1,782 | $1,564 | $1,342 |
| Homeownership rate | 76.6% | 67.3% | 65.1% |
The median home price in Palmetto Bay is about 45.1 years' worth of rent — buying at the median price costs roughly as much as paying the median rent of $1,782 per month for that long.
Commute Time & Mobility
The most common departure window is 07:00 AM – 07:29 AM , followed by 09:00 AM – 09:59 AM .
| Metric | Palmetto Bay | Florida Avg | U.S. Average |
|---|---|---|---|
| Average commute time (min) | 33.8 | 23.9 | 22.5 |
| Work from home | 18.7% | 13.9% | 13.4% |
The average commute time in Palmetto Bay is 34 minutes, longer than the 24 minutes in Florida.
Education & Households
Palmetto Bay has a education index of A+, which means it is exceptionally educated.
| Metric | Palmetto Bay | Florida Avg | U.S. Average |
|---|---|---|---|
| Bachelor's degree or higher | 57.1% | 30.1% | 31.6% |
| Average household size | 2.89 | 2.51 | 2.54 |
Health
Palmetto Bay has a health index of A, which means it is very healthy.
| Metric | Palmetto Bay | Florida Avg | U.S. Average |
|---|---|---|---|
| Life expectancy (years) | 83.6 | 77.2 | 78.3 |
| Self-rated poor health | 11.3% | 19.5% | 16.3% |
| Smokers | 10.7% | 21.3% | 19.0% |
Frequently Asked Questions
Common questions about Palmetto Bay, Florida.
What is the population of Palmetto Bay, Florida?
The population of Palmetto Bay, Florida is 21,161, compared to the U.S. total of 334,821,731.
What is the population density of Palmetto Bay, Florida?
The population density of Palmetto Bay, Florida is 2506.8 people per square mile, compared to the U.S. average of 85.8 people per square mile.
What is the median household income in Palmetto Bay, Florida?
The median household income in Palmetto Bay, Florida is $134,775, compared to the U.S. median of $78,145.
What is the median home price in Palmetto Bay, Florida?
The median home price in Palmetto Bay, Florida is $964,046, compared to the U.S. median of $242,182.
What is the unemployment rate in Palmetto Bay, Florida?
The unemployment rate in Palmetto Bay, Florida is 3.9%, compared to the U.S. average of 5.2%.