Last updated: 2024 BLS data · Page refreshed:
Palmetto has a population of 13,588 with a median age of 49.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 13,588 |
| Median Age | 49.8 |
| White | 66.1% |
| Black or African American | 11.1% |
| Asian | 0.1% |
| Hispanic or Latino | 23.7% |
The median household income in Palmetto is $62,621, which is 22.3% below the national median of $80,610. The per capita income is $39,890. The poverty rate is 13.5%.
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In Palmetto, 87.1% of residents age 25+ have a high school diploma or higher, and 28.1% hold a bachelor's degree or higher (8.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 87.1% |
| Bachelor's Degree or Higher | 28.1% |
| Graduate or Professional Degree | 8.1% |
The median home value in Palmetto is $313,400, above the national median of $303,400. The median monthly rent is $1,366. The homeownership rate is 68.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $313,400 |
| Median Monthly Rent | $1,366 |
| Homeownership Rate | 68.8% |
| Vacancy Rate | 25.9% |
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