Palmetto Estates CDP, Florida Demographics & Population 2026

Population Overview

Palmetto Estates CDP is a small city located in Florida. The total population is 16,587. It ranks as the 239th most populous out of 953 cities and towns in Florida.

Age Demographics

The median age in Palmetto Estates CDP is 41.6 years. This is 2% lower than the state median of 42.6 years.

Economy, Income & Housing

The median household income in Palmetto Estates CDP is $82,199. This is 15% higher than the state median of $71,711. Compared to the national median of $78,538, household income here is 5% higher. The poverty rate stands at 10.0%. This is 21% lower than the state poverty rate of 12.6%. The unemployment rate is 4.3%. This is 11% lower than the state rate of 4.8%. The median home value is $412,200. Housing costs are 27% higher than the state median of $325,000. The home-value-to-income ratio is 5.0x. 89.2% of occupied housing units are owner-occupied. This homeownership rate is 32% higher than the state average of 67.3%.

Race & Ethnicity

The largest racial or ethnic group in Palmetto Estates CDP is Hispanic or Latino, making up 56.0% of the population. Black or African American residents account for 32.2%. The White (non-Hispanic) population (7.0%) is well below the state average of 51.4%. The Black or African American population is significantly higher than the state average (32.2% vs 14.8%). The Hispanic or Latino population is significantly higher than the state average (56.0% vs 26.8%).

Education

27.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 17% lower than the state rate of 33.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.4%.

Data Sources & Methodology

All demographic data for Palmetto Estates CDP, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 953 Census-designated places in Florida. For official data, visit data.census.gov.