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Palatka, Florida

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
10,650
Population
$32,021
Median Income
$150,500
Home Value
35.3
Median Age

Demographics

Palatka has a population of 10,650 with a median age of 35.3. Here is the racial and ethnic breakdown of the population:

Black
46.5%
White
41.4%
Hispanic
9.1%
Other
2.7%
Demographic Value
Total Population10,650
Median Age35.3
White41.4%
Black or African American46.5%
Asian0.3%
Hispanic or Latino9.1%
Other / Two or More Races2.7%
Palatka, Florida — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.Black: 46.5%White: 41.4%Hispanic/Latino: 9.1%Other: 2.7%Other: 0.3%10,650PopulationBlackBlack46.5%WhiteWhite41.4%Hispanic/LatinoHispanic/Latino9.1%OtherOther2.7%OtherOther0.3%

Income & Economy

The median household income in Palatka is $32,021, which is 60.3% below the national median of $80,610. The per capita income is $20,076. The poverty rate is 37.3%.

$32,021
Median Household Income
$20,076
Per Capita Income
37.3%
Poverty Rate

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Education

In Palatka, 77.7% of residents age 25+ have a high school diploma or higher, and 10.7% hold a bachelor's degree or higher (5.2% with a graduate or professional degree).

HS Diploma+
77.7%
Bachelor's+
10.7%
Graduate+
5.2%
Education Level % of Adults (25+)
High School Diploma or Higher77.7%
Bachelor's Degree or Higher10.7%
Graduate or Professional Degree5.2%

Housing

The median home value in Palatka is $150,500, below the national median of $303,400. The median monthly rent is $901. The homeownership rate is 50.8%.

$150,500
Median Home Value
$901/mo
Median Rent
50.8%
Homeownership Rate
Housing Metric Value
Median Home Value$150,500
Median Monthly Rent$901
Homeownership Rate50.8%
Vacancy Rate7.2%

Salaries in Florida

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Frequently Asked Questions

What is the population of Palatka, Florida?
The population of Palatka, Florida is 10,650 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Palatka, Florida?
The median household income in Palatka, Florida is $32,021. This is 60.3% below the national median of $80,610.
What is the median home value in Palatka, Florida?
The median home value in Palatka, Florida is $150,500. The median monthly rent is $901.
What percentage of people in Palatka have a college degree?
In Palatka, Florida, 10.7% of adults age 25 and older hold a bachelor's degree or higher, and 77.7% have a high school diploma or higher.
Is Palatka, Florida an affordable place to live?
The home price-to-income ratio in Palatka, Florida is 4.7x (median home value $150,500 vs. median income $32,021), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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