In 2023, Palmetto Bay, FL had a population of 24.2k people with a median age of 41.6 and a median household income of $143,368. Between 2022 and 2023 the population of Palmetto Bay, FL declined from 24,267 to 24,247, a −0.0824% decrease and its median household income declined from $144,987 to $143,368, a −1.12% decrease.
The 5 largest ethnic groups in Palmetto Bay, FL are White (Non-Hispanic) (38.9%), Two+ (Hispanic) (27.5%), White (Hispanic) (18.6%), Asian (Non-Hispanic) (4.4%), and Black or African American (Non-Hispanic) (3.83%).
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.
91.2% of the residents in Palmetto Bay, FL are U.S. citizens.
In 2023, the median property value in Palmetto Bay, FL was $787,000, and the homeownership rate was 79%.
Most people in Palmetto Bay, FL drove alone to work, and the average commute time was 36.4 minutes. The average car ownership in Palmetto Bay, FL was 2 cars per household.
