Palatka, FL
Population 10,558 · Florida
About Palatka, FL
Palatka is a mid-sized city in Florida with a population of 10,558 residents. The median household income is $33,628 per year, which is below the national average. The median age in Palatka is 37 years.
Housing in Palatka has a median home value of $112,300 and median monthly rent of $914. Of the 4,571 total housing units, renting is more common than owning, with 1,988 owner-occupied and 2,289 renter-occupied units.
The unemployment rate in Palatka is 7.2% and the poverty rate is 34.1%. 12.1% of residents hold a bachelor's degree or higher. The average commute time is 23.3 minutes.
Cost of Living in Palatka, FL
Compared to national averages, Palatka has a median household income of $33,628 (55% below the national median of $75,149). Home values average $112,300, which is 54% below the national median. Monthly rent at $914 is 21% below the US average of $1,163. Within Florida, Palatka's income is 56% below the state average of $75,893, and home values are 68% below the state median of $353,675.
Why Live in Palatka, FL?
Palatka offers affordable housing with a median home value of $112,300, below the US average of $244,900, and rent that’s lower than the national average at $914/month, and short commute times averaging just 23.3 minutes.
Potential considerations include median household income ($33,628) that falls below the national average. However, Palatka’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Palatka has a population of 10,558 with a median age of 37 years. Compare Palatka with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Palatka
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Memphis | 10,626 | $71,967 | $292,200 | Compare |
| Milton | 10,485 | $72,676 | $195,600 | Compare |
| Alachua | 10,638 | $78,526 | $285,700 | Compare |
| Lighthouse Point | 10,463 | $92,268 | $667,000 | Compare |
| Pine Ridge CDP (Citrus County), Florida | 10,676 | $66,131 | $354,600 | Compare |
| Pine Castle | 10,429 | $46,154 | $286,900 | Compare |
| Fuller Heights | 10,697 | $80,021 | $262,000 | Compare |
| Pebble Creek | 10,719 | $109,375 | $384,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Palatka
What is the population of Palatka, FL?
The population of Palatka, FL is 10,558 according to the latest Census data.
What is the median household income in Palatka?
The median household income in Palatka, FL is $33,628 per year.
What is the median home value in Palatka?
The median home value in Palatka, FL is $112,300.
What is the average rent in Palatka?
The median monthly rent in Palatka, FL is $914.
What is the unemployment rate in Palatka?
The unemployment rate in Palatka, FL is 7.2%.