Palmetto, LA
Population 127 · Louisiana
About Palmetto, LA
Palmetto is a small community located in Louisiana with a population of 127 residents according to the latest US Census Bureau American Community Survey data. The median household income is $26,615 per year, which is 65% below the national median of $75,149. The median age of 52.1 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 $0, which is 100% below the national median of $244,900. This makes Palmetto one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 119 total housing units, 51% are owner-occupied (40 units) and 49% are renter-occupied (39 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Palmetto shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 27.0%, above the national average of 12.4%. Workers in Palmetto have an average one-way commute time of 21.3 minutes.
Education & Demographics
22.3% 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Palmetto, LA
Compared to national averages, Palmetto has a median household income of $26,615 (65% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Louisiana, Palmetto's income is 51% below the state average of $54,685, and home values are 100% below the state median of $156,619.
Why Live in Palmetto, LA?
Palmetto offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 21.3 minutes.
Potential considerations include median household income ($26,615) 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 127 with a median age of 52.1 years. Compare Palmetto with other cities to see how it stacks up, or explore all cities in Louisiana.
Similar Cities Near Palmetto
Cities in Louisiana with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Louisiana
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, LA?
The population of Palmetto, LA is 127 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Louisiana.
What is the median household income in Palmetto?
The median household income in Palmetto, LA is $26,615 per year, which is 65% below the national median of $75,149.
What is the median home value in Palmetto?
The median home value in Palmetto, LA is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Palmetto?
The median monthly rent in Palmetto, LA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Palmetto?
The unemployment rate in Palmetto, LA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Palmetto, LA a good place to live?
Palmetto offers a moderate cost of living, affordable housing, and a strong job market. With a population of 127 and a median age of 52.1, the city appeals to established professionals and retirees.
How educated is Palmetto, LA?
22.3% 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, LA: median home value is $0 (100% below national), median rent is $0/month, and median household income is $26,615. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Palmetto?
The poverty rate in Palmetto, LA is 27.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Palmetto, LA?
Palmetto's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 55.9% two or more races. 0.0% of residents are foreign-born.