Median Household Income
$62,621 ± $7,333
Median Home Value
$313,400 ± $31,513
Median Gross Rent
$1,366 ± $112/mo
Per Capita Income
$39,890
Poverty Rate
13.5%
Unemployment Rate
2.6%
Homeownership Rate
68.8%
Bachelor's Degree or Higher
28.1%
Median Age
49.8
Average Commute
23 min
Households
5,274
Veterans
950
Population Over Time
Palmetto grew 5.7% from 2014 to 2024.
2014
12,856
2016
13,138
2018
13,490
2020
13,678
2022
13,384
2024
13,588
Population by Race & Ethnicity
White
66.1%
Hispanic or Latino
23.7%
Black or African American
11.1%
Asian
0.1%
Nearby Cities in Florida
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.