Florida · Census place 54250
Palmetto city, FL
Quick answer
Palmetto city has 13,449 residents, ranking #281 of 955 places in Florida. Median household income is $61,538, the median home is worth $256,700 and median gross rent runs $1,286 a month.
- Population
- 13,449Palmetto city residents
- Median household income
- $61,538Past 12 months, inflation adjusted
- Median home value
- $256,700Owner-occupied units
- Median gross rent
- $1,286Rent plus utilities, monthly
- Median age
- 52.8 yrsAll residents
- Homeownership rate
- 67.9%Owner-occupied households
What the numbers mean in Palmetto city
Housing cost measured against local earnings.
A household earning the Palmetto city median would spend about 25.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.1% of residents and 67.9% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Florida.
- Miami Springs city 13,606
- Villas CDP 13,578
- Asbury Lake CDP 13,465
- Jupiter Farms CDP 13,394
- Atlantic Beach city 13,353
- Conway CDP 13,346
- South Daytona city 13,322
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