Florida · Census place 54300
Palmetto Estates CDP, FL
Quick answer
Palmetto Estates CDP has 16,587 residents, ranking #239 of 955 places in Florida. Median household income is $82,199, the median home is worth $412,200 and median gross rent runs $2,015 a month.
- Population
- 16,587Palmetto Estates CDP residents
- Median household income
- $82,199Past 12 months, inflation adjusted
- Median home value
- $412,200Owner-occupied units
- Median gross rent
- $2,015Rent plus utilities, monthly
- Median age
- 41.6 yrsAll residents
- Homeownership rate
- 89.2%Owner-occupied households
What the numbers mean in Palmetto Estates CDP
Housing cost measured against local earnings.
A household earning the Palmetto Estates CDP median would spend about 29.4% 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 5.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10% of residents and 89.2% 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.
- Wildwood city 16,739
- Lake Mary city 16,724
- Myrtle Grove CDP 16,637
- Three Lakes CDP 16,426
- Brownsville CDP 16,391
- Lake Wales city 16,365
- Lady Lake town 16,337
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