Palmetto, GA
Population 4,681 · Georgia
About Palmetto, GA
Palmetto is a small town located in Georgia with a population of 4,681 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,745 per year, which is 27% below the national median of $75,149. The median age of 42.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Palmetto features a median home value of $203,600, which is 17% below the national median of $244,900. This positions Palmetto in a moderately priced market relative to the rest of the country. Median monthly rent is $1,223, 5% above the national average of $1,163/month. Of the 2,247 total housing units, 48% are owner-occupied (923 units) and 52% are renter-occupied (983 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Palmetto shows an unemployment rate of 1.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 11.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Palmetto have an average one-way commute time of 28.4 minutes.
Education & Demographics
13.2% of Palmetto residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 16.4% White, 4.9% Hispanic or Latino, 2.1% Black or African American, and 1.2% Asian residents, with 7.1% of the population being foreign-born.
Cost of Living in Palmetto, GA
Compared to national averages, Palmetto has a median household income of $54,745 (27% below the national median of $75,149). Home values average $203,600, which is 17% below the national median. Monthly rent at $1,223 is 5% above the US average of $1,163. Within Georgia, Palmetto's income is 10% below the state average of $60,815, and home values are 5% above the state median of $194,684.
Why Live in Palmetto, GA?
Palmetto offers affordable housing with a median home value of $203,600, below the US average of $244,900, and a strong job market with an unemployment rate of just 1.9%, and a low poverty rate of 11.0%, better than the national average.
Potential considerations include median household income ($54,745) 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 4,681 with a median age of 42.8 years. Compare Palmetto with other cities to see how it stacks up, or explore all cities in Georgia.
Similar Cities Near Palmetto
Cities in Georgia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Elberton | 4,691 | $41,454 | $97,500 | Compare |
| Grayson | 4,699 | $125,704 | $457,000 | Compare |
| Montgomery | 4,704 | $86,500 | $393,700 | Compare |
| Madison | 4,714 | $79,133 | $313,100 | Compare |
| Forsyth | 4,641 | $74,811 | $191,600 | Compare |
| Lindale | 4,611 | $40,283 | $132,600 | Compare |
| Folkston | 4,609 | $45,453 | $76,800 | Compare |
| Lakeview | 4,760 | $56,208 | $162,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Georgia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Palmetto With Other Cities
Frequently Asked Questions about Palmetto
What is the population of Palmetto, GA?
The population of Palmetto, GA is 4,681 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Georgia.
What is the median household income in Palmetto?
The median household income in Palmetto, GA is $54,745 per year, which is 27% below the national median of $75,149.
What is the median home value in Palmetto?
The median home value in Palmetto, GA is $203,600, which is 17% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Palmetto?
The median monthly rent in Palmetto, GA is $1,223, which is 5% above the national average of $1,163/month.
What is the unemployment rate in Palmetto?
The unemployment rate in Palmetto, GA is 1.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Palmetto, GA a good place to live?
Palmetto offers a moderate cost of living, affordable housing, and a strong job market. With a population of 4,681 and a median age of 42.8, the city appeals to a broad range of residents.
How educated is Palmetto, GA?
13.2% of residents in Palmetto aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Palmetto?
Key cost-of-living indicators for Palmetto, GA: median home value is $203,600 (17% below national), median rent is $1,223/month, and median household income is $54,745. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in Palmetto?
The poverty rate in Palmetto, GA is 11.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Palmetto, GA?
Palmetto's population is 16.4% White, 4.9% Hispanic or Latino, 2.1% Black or African American, 1.2% Asian, and 51.1% two or more races. 7.1% of residents are foreign-born.