Palmetto Estates, Florida Demographics & Population 2026
During the 2020–2024 ACS period, Palmetto Estates, Florida had a total population of 16,129, the 251st largest community in Florida, with a median household income of $82,064, which is 10% higher than the state average. The poverty rate is 11.6%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Palmetto Estates Quick Facts
How Palmetto Estates Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 16,587 | 16,129 | -2.8% |
| Median household income | $82,199 | $82,064 | -0.2% |
| Median home value | $412,200 | $445,900 | +8.2% |
How Palmetto Estates Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 65 | National average: 61
Education
Educational Attainment (Adults 25+)
Palmetto Estates Rankings in Florida
Explore Florida Rankings
Other Cities in Miami-Dade County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Miami | 459,745 | $62,462 | 19.4% | $518,100 |
| Hialeah | 226,165 | $55,594 | 17.0% | $392,000 |
| Miami Gardens | 113,177 | $63,627 | 13.6% | $378,500 |
| Homestead | 82,807 | $65,423 | 18.4% | $380,000 |
| Miami Beach | 82,031 | $72,856 | 14.4% | $556,700 |
| Kendall | 79,562 | $87,325 | 11.2% | $567,900 |
| Doral | 79,216 | $94,164 | 10.3% | $562,800 |
| North Miami | 60,344 | $57,188 | 18.9% | $365,000 |
| The Hammocks | 58,838 | $85,628 | 12.1% | $468,100 |
| Fountainebleau | 55,665 | $64,908 | 12.7% | $320,200 |
Cities Similar to Palmetto Estates
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Longwood | 16,337 | $78,548 | $354,300 | 35.1% | 9.9% |
| Yulee | 16,648 | $85,247 | $302,500 | 26.0% | 10.4% |
| Fruitville | 15,172 | $82,246 | $412,500 | 40.4% | 8.6% |
| Upper Grand Lagoon | 17,232 | $82,157 | $373,200 | 37.0% | 8.1% |
| Forest City | 15,312 | $85,606 | $369,900 | 39.4% | 9.5% |
Population Overview
Palmetto Estates is a small city located in Florida, within Miami-Dade County. The total population is 16,129. It ranks as the 251st most populous out of 955 Census-designated places in Florida.
Age Demographics
The median age in Palmetto Estates is 42.9 years. This is about the same as the state median of 42.6 years.
Economy, Income & Housing
The median household income in Palmetto Estates is $82,064. This is 10% higher than the state median of $74,568. It is also 2% higher than the national median of $80,734. The poverty rate stands at 11.6%. This is 8% lower than the state poverty rate of 12.6%. The unemployment rate is 4.6%. This is 5% lower than the state rate of 4.8%. The median home value is $445,900. Housing costs are 24% higher than the state median of $359,000. The home-value-to-income ratio is 5.4x. 86.3% of occupied housing units are owner-occupied. This homeownership rate is 28% higher than the state average of 67.6%.
Race & Ethnicity
The largest racial or ethnic group in Palmetto Estates is Hispanic or Latino, making up 57.9% of the population. Black or African American residents account for 32.3%. The White (non-Hispanic) population (5.8%) is well below the state average of 50.4%. The Black or African American population is significantly higher than the state average (32.3% vs 14.6%). The Hispanic or Latino population is significantly higher than the state average (57.9% vs 27.4%). The Asian population (1.2%) is well below the state average of 2.9%.
Education
25.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 26% lower than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 83.7%.
Data Sources & Methodology
All demographic data for Palmetto Estates, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Palmetto Estates, Florida?
Palmetto Estates, Florida has a population of 16,129 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Palmetto Estates, FL?
The median household income in Palmetto Estates is $82,064, which is 2% higher than the national median of $80,734.
What is the poverty rate in Palmetto Estates, FL?
The poverty rate in Palmetto Estates is 11.6%. This means approximately 1,856 residents live below the federal poverty line.
What is the racial makeup of Palmetto Estates, Florida?
Palmetto Estates's population is 5.8% White, 32.3% Black, 57.9% Hispanic/Latino, and 1.2% Asian.
What is the median home value in Palmetto Estates, FL?
The median home value in Palmetto Estates is $445,900. The home-value-to-income ratio is 5.4x.
How educated is Palmetto Estates, Florida?
25.1% of adults (25+) in Palmetto Estates hold a bachelor's degree or higher, and 8.2% hold a graduate or professional degree.