Palmetto Bay, FLPublished Date: December 4, 2024Palmetto Bay is located in Miami-Dade County, Florida and has a population of 24,267. The poverty rate in Palmetto Bay is 5.2% and is lower than the US poverty rate of 11.5%. The U.S. poverty level for a family of four in 2023 is $31,200. The unemployment rate in Palmetto Bay is 3.6% while the Miami-Dade County unemployment rate is 4.6%.
| | Population | |
|---|
| Male | | 51.3% |
| Female | | 48.7% |
| | Median Age (city/county) | |
|---|
| Palmetto Bay | | 41.6 |
| Miami-Dade | | 40.6 |
| | Median Household Income (city/county) | |
|---|
| Palmetto Bay | | $144,987 |
| Miami-Dade | | $64,215 |
| | Median Home Value (city/county) | |
|---|
| Palmetto Bay | | $717,605 |
| Miami-Dade | | $386,307 |
| | Median Rent (city/county) | |
|---|
| Palmetto Bay | | $1,728 |
| Miami-Dade | | $1,623 |
| | Poverty Rate (city/county) | |
|---|
| Palmetto Bay | | 5.2% |
| Miami-Dade | | 15.3% |
Races and Ethnicity
▩ White 67%
▩ Black or African American 3%
▩ Asian 3.9%
▩ Native 0.6%
▩ Pacific 0%
▩ Other 2.1%
▩ Hispanic 48.2%
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