Palatka, FL population, income and ZIP codes

Palatka city is a mid-size town in Florida, with 10,558 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #336 of 955 ranked by population — larger than 64% of them. The median age here is 37 years against 39.1 nationally, a slightly younger profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Palatka city earn a median of $33,628 a year, 57.2% below the national figure of $78,538 and 51% below the $68,617 median for the 775 Florida cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 34.1% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in Palatka city is valued at $112,300, 63% below the national figure and 63% below the $305,300 peer median, while median gross rent runs $914 a month, 35% below the national figure, or roughly $10,968 across a full year. A household on the local median income would put about 32.6% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is a stretch on median earnings. The home-price-to-income ratio works out to 3.3×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 46.5% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

Palatka city is the unusual combination of expensive to rent and cheap to buy: rent takes 32.6% of median income while homes cost only 3.3× it. Where that pattern shows up, the gap is normally down to down-payment and credit barriers rather than price.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.