Palmer Ranch, FL
Population 15,873 · Florida
About Palmer Ranch, FL
Palmer Ranch is a mid-sized city in Florida with a population of 15,873 residents. The median household income is $103,682 per year, which is above the national average. The median age in Palmer Ranch is 65.6 years.
Housing in Palmer Ranch has a median home value of $563,000 and median monthly rent of $1,819. Of the 10,043 total housing units, the majority are owner-occupied, with 6,165 owner-occupied and 2,100 renter-occupied units.
The unemployment rate in Palmer Ranch is 2.0% and the poverty rate is 5.3%. 55.1% of residents hold a bachelor's degree or higher. The average commute time is 24.7 minutes.
Cost of Living in Palmer Ranch, FL
Compared to national averages, Palmer Ranch has a median household income of $103,682 (38% above the national median of $75,149). Home values average $563,000, which is 130% above the national median. Monthly rent at $1,819 is 56% above the US average of $1,163. Within Florida, Palmer Ranch's income is 37% above the state average of $75,893, and home values are 59% above the state median of $353,675.
Why Live in Palmer Ranch, FL?
Palmer Ranch offers a strong local economy with a median household income of $103,682, well above the national average, and a strong job market with an unemployment rate of just 2.0%, and a well-educated community where 55.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.3%, better than the national average, and short commute times averaging just 24.7 minutes.
Potential considerations include a competitive housing market where the typical home costs $563,000. However, Palmer Ranch’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Palmer Ranch has a population of 15,873 with a median age of 65.6 years. Compare Palmer Ranch with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Palmer Ranch
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fruitville | 15,828 | $86,500 | $379,600 | Compare |
| Warrington | 15,935 | $58,309 | $186,700 | Compare |
| Longwood | 15,952 | $77,214 | $327,400 | Compare |
| Marco Island | 15,998 | $104,105 | $866,200 | Compare |
| Niceville | 16,043 | $96,611 | $381,700 | Compare |
| Opa-locka | 16,097 | $31,680 | $281,000 | Compare |
| Azalea Park | 16,110 | $64,585 | $255,000 | Compare |
| West Lealman | 15,560 | $48,965 | $162,800 | 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 Palmer Ranch
What is the population of Palmer Ranch, FL?
The population of Palmer Ranch, FL is 15,873 according to the latest Census data.
What is the median household income in Palmer Ranch?
The median household income in Palmer Ranch, FL is $103,682 per year.
What is the median home value in Palmer Ranch?
The median home value in Palmer Ranch, FL is $563,000.
What is the average rent in Palmer Ranch?
The median monthly rent in Palmer Ranch, FL is $1,819.
What is the unemployment rate in Palmer Ranch?
The unemployment rate in Palmer Ranch, FL is 2.0%.