In 2022, Palmetto Bay, FL had a population of 24.3k people with a median age of 41.6 and a median household income of $144,987. Between 2021 and 2022 the population of Palmetto Bay, FL declined from 24,327 to 24,267, a −0.247% decrease and its median household income grew from $131,605 to $144,987, a 10.2% increase.
The 5 largest ethnic groups in Palmetto Bay, FL are White (Non-Hispanic) (41.3%), White (Hispanic) (25.7%), Two+ (Hispanic) (20.2%), Asian (Non-Hispanic) (3.82%), and Two+ (Non-Hispanic) (3.02%).
None of the households in Palmetto Bay, FL reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
91.4% of the residents in Palmetto Bay, FL are U.S. citizens.
In 2022, the median property value in Palmetto Bay, FL was $715,700, and the homeownership rate was 78.2%.
Most people in Palmetto Bay, FL drove alone to work, and the average commute time was 36.2 minutes. The average car ownership in Palmetto Bay, FL was 2 cars per household.
