Palmetto Bay Population History 2000 - 2023

Palmetto Bay Population Facts

What is the current population of Palmetto Bay?

Based on the latest 2024 data from the US census, the current population of Palmetto Bay is 24,264. Palmetto Bay, Florida is the 1,624th largest city in the US.

What county is Palmetto Bay, Florida in?

Palmetto Bay is located entirely in MiamiDade County.

What is the size of Palmetto Bay, Florida in square miles?

Palmetto Bay has an area of 8.3 square miles.

What was the peak population of Palmetto Bay?

The peak population of Palmetto Bay was in 2020, when its population was 24,301. In 2020, Palmetto Bay was the 1,598th largest city in the US; now its fallen to the 1,624th largest city in the US. Palmetto Bay is currently 0.2% smaller than it was in 2020.

How quickly is Palmetto Bay growing?

Palmetto Bay has grown 1.8% since the 2000. Palmetto Bay, Florida's growth is below average. 70% of similarly sized cities are growing faster since 2000.

What is the population density of Palmetto Bay, Florida?

Palmetto Bay has a population density of 2,823.9 people per square mile.

Palmetto Bay Demographics

What is the voting age population of Palmetto Bay, Florida?

The total voting age population of Palmetto Bay, Florida, meaning US citizens 18 or older, is 16,190. The voting age population is 48.8% male and 51.2% female.

What percentage of Palmetto Bay, Florida residents are senior citizens?

According to the latest census statistics, 14.8% of the residents of Palmetto Bay are 65 or older.

What are the racial demographics of Palmetto Bay, Florida?

The racial demographics of Palmetto Bay are 86.5% White, 4.8% Asian, 3.7% Black, 3.0% Two or more races, 1.8% Other, 0.1% American Indian and 0.1% Native Hawaiian or Other Pacific Islander. Additionally, 46.6% of the population identifies as Hispanic.

What percentage of Palmetto Bay, Florida residents are below the poverty line?

In Palmetto Bay, 5.7% of residents have an income below the poverty line, and the child poverty rate is 7.0%. On a per-household basis, 3.9% of families are below the poverty line in Palmetto Bay.

What percentage of Palmetto Bay, Florida residents are in the labor force?

Among those aged 16 and older, 65.6% of Palmetto Bay residents are in the labor force.

What are the education levels among Palmetto Bay, Florida residents?

Among the adult population 25 years old and over, 94.8% of Palmetto Bay residents have at least a high school degree or equivalent, 58.5% have a bachelor's degree and 27.7% have a graduate or professional degree.

What percentage of Palmetto Bay, Florida residents speak a non-English language at home?

Among Palmetto Bay residents aged 5 and older, 50.1% of them speak a non-English language at home. Broken down by language: 41.4% of residents speak Spanish at home, 4.8% speak an Indo-European language, and 3.1% speak an Asian language.

Palmetto Bay Income & Labor Statistics

What is the unemployment rate in Palmetto Bay, Florida?

The unemployment rate in Palmetto Bay is 6.2%, which is calculated among residents aged 16 or older who are in the labor force.

What percentage of Palmetto Bay, Florida residents work for the government?

In Palmetto Bay, 11.3% of the residents in the non-military labor force are employed by the local, state and federal government.

What is the median income in Palmetto Bay, Florida?

The median household income in Palmetto Bay is $123,477.

Palmetto Bay Housing & Rent Statistics

What percentage of housing units are owner-occupied in Palmetto Bay, Florida?

In Palmetto Bay, 80.7% of housing units are occupied by their owners.

What percentage of housing units are rented in Palmetto Bay, Florida?

Renters occupy 19.3% of housing units in Palmetto Bay.

What percentage of Palmetto Bay, Florida housing units were built before 1940?

Of all the housing units in Palmetto Bay, 0.1% of them were build before 1940.

What percentage of Palmetto Bay, Florida housing units were built after 2000?

In Palmetto Bay, 6.7% of the total housing units were built after the year 2000, which is approximately 530 units.

What is the median monthly rent in Palmetto Bay, Florida?

The median gross monthly rent payment for renters in Palmetto Bay is $1,426.

What percentage of households in Palmetto Bay, Florida have broadband internet?

In Palmetto Bay, 94.2% of households have an active broadband internet connection.