');
US City Data

Palmetto, FL

Population 13,449 · Florida

Population
13,449
Median Income
$61,538
Median Home Value
$256,700
Median Rent
$1,286/mo

About Palmetto, FL

Palmetto is a mid-sized city in Florida with a population of 13,449 residents. The median household income is $61,538 per year, which is near the national average. The median age in Palmetto is 52.8 years.

Housing in Palmetto has a median home value of $256,700 and median monthly rent of $1,286. Of the 7,222 total housing units, the majority are owner-occupied, with 3,612 owner-occupied and 1,704 renter-occupied units.

The unemployment rate in Palmetto is 3.6% and the poverty rate is 14.1%. 30.2% of residents hold a bachelor's degree or higher. The average commute time is 24.1 minutes.

Cost of Living in Palmetto, FL

Compared to national averages, Palmetto has a median household income of $61,538 (18% below the national median of $75,149). Home values average $256,700, which is 5% above the national median. Monthly rent at $1,286 is 11% above the US average of $1,163. Within Florida, Palmetto's income is 19% below the state average of $75,893, and home values are 27% below the state median of $353,675.

Income vs National
$61,538
National: $75,149
Florida: $75,893
Home Value vs National
$256,700
National: $244,900
Florida: $353,675
Rent vs National
$1,286
National: $1,163
Florida: $1,511
Unemployment vs National
3.6%
National: 3.7%
Florida: 5.8%

Why Live in Palmetto, FL?

Palmetto offers a strong job market with an unemployment rate of just 3.6%, and short commute times averaging just 24.1 minutes.

Potential considerations include median household income ($61,538) that falls below the national average. However, Palmetto’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.

Palmetto has a population of 13,449 with a median age of 52.8 years. Compare Palmetto with other cities to see how it stacks up, or explore all cities in Florida.

Similar Cities Near Palmetto

Cities in Florida with a similar population size.

CityPopulationMedian IncomeHome Value
Asbury Lake13,465$100,681$293,000Compare
Jupiter Farms13,394$140,213$610,100Compare
Atlantic Beach13,353$103,288$565,500Compare
Conway13,346$96,250$366,800Compare
South Daytona13,322$54,931$210,500Compare
Villas13,578$55,641$232,800Compare
Callaway13,297$69,388$215,300Compare
Miami Springs13,606$88,705$504,000Compare

Demographics

52.8
Median Age
6,481
Male
6,968
Female
9.6%
Foreign Born

Racial & Ethnic Composition

White16.9Hispanic/Latino0.9Black2.3Asian1.3Two or More13

Economy & Education

3.6%
Unemployment Rate
14.1%
Poverty Rate
30.2%
Bachelor's Degree+
24.1 min
Avg Commute

Housing

7,222
Total Housing Units
3,612
Owner Occupied
1,704
Renter Occupied

Other Cities in Florida

Florida CityFlorida Gulf Coast UniversityFlorida RidgeMidway Cdp Santa Rosa County FloridaMidway Cdp Seminole County FloridaPalmetto Bay

Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.

Compare Palmetto With Other Cities

Palmetto vs Florida CityPalmetto vs Florida Gulf Coast UniversityPalmetto vs Florida RidgePalmetto vs Midway Cdp Santa Rosa County Florida

Frequently Asked Questions about Palmetto

What is the population of Palmetto, FL?

The population of Palmetto, FL is 13,449 according to the latest Census data.

What is the median household income in Palmetto?

The median household income in Palmetto, FL is $61,538 per year.

What is the median home value in Palmetto?

The median home value in Palmetto, FL is $256,700.

What is the average rent in Palmetto?

The median monthly rent in Palmetto, FL is $1,286.

What is the unemployment rate in Palmetto?

The unemployment rate in Palmetto, FL is 3.6%.

Explore More

Cost of Living in FloridaMost Populated Cities in FloridaCheapest Cities in FloridaHighest Income Cities in FloridaLowest Rent in FloridaBest Cities for FamiliesBest Cities for Young ProfessionalsBest Cities for RetireesGuide: Cost Of LivingGuide: Moving GuidePalmetto vs Acacia VillasPalmetto vs AlachuaPalmetto vs Alafaya