Palmetto, FL

Census Place

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2024 Population
13,588
US Senator
Rick Scott
Republican Party
US Senator
Ashley Moody
Republican Party
2024 Median Age
49.8
5.68% 1-year decrease
2024 Poverty Rate
13.5%
4.31% 1-year decrease
2024 Median Household Income
$62,621
1.76% 1-year growth
2024 Median Property Value
$313,400
22.1% 1-year growth
2024 Employed Population
5,703
4.9% 1-year decline

About

None of the households in Palmetto, 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.

95.3% of the residents in Palmetto, FL are U.S. citizens.

In 2024, the median property value in Palmetto, FL was $313,400, and the homeownership rate was 68.8%.

Most people in Palmetto, FL drove alone to work, and the average commute time was 25.5 minutes. The average car ownership in Palmetto, FL was 2 cars per household.

Photo by Rick Schwartz
United StatesFloridaManatee County, FLNorth Port-Sarasota-Bradenton, FLManatee County (North) PUMA, FL

Population & Diversity

Palmetto, FL is home to a population of 13.6k people, from which 95.3% are citizens. As of 2024, 10.4% of Palmetto, FL residents were born outside of the country (1.41k people).

In 2024, there were 4.23 times more White (Non-Hispanic) residents (8.52k people) in Palmetto, FL than any other race or ethnicity. There were 2.02k Other (Hispanic) and 1.43k Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

95.3%
2024 Citizenship
94.3%
2023 Citizenship

As of 2024, 95.3% of Palmetto, FL residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Palmetto, FL was 94.3%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Palmetto, FL compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Palmetto, FL
  1. White (Non-Hispanic)
    8.52k ± 766
  2. Other (Hispanic)
    2.02k ± 763
  3. Black or African American (Non-Hispanic)
    1.43k ± 424
23.7%
Hispanic Population
3.22k people

In 2024, there were 4.23 times more White (Non-Hispanic) residents (8.52k people) in Palmetto, FL than any other race or ethnicity. There were 2.02k Other (Hispanic) and 1.43k Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

23.7% of the people in Palmetto, FL are hispanic (3.22k people).

The following chart shows the 8 races represented in Palmetto, FL as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Florida.
Most Common Origin
  1. Cuba
    1,008,771 ± 24,085 people
  2. Haiti
    353,350 ± 14,476 people
  3. Colombia
    307,955 ± 13,528 people

In 2023, the most common birthplace for the foreign-born residents of Florida was Cuba, the natal country of 1,008,771 Florida residents, followed by Haiti with 353,350 and Colombia with 307,955.

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Foreign-Born Population

10.4%
2024 Foreign-Born Population
1.41k people
9.56%
2023 Foreign-Born Population
1.29k people

As of 2024, 10.4% of Palmetto, FL residents (1.41k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Palmetto, FL was 9.56%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Palmetto, FL compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Vietnam
    422 ± 176
  2. Gulf War (2001-)
    159 ± 116
  3. Gulf War (1990s)
    98 ± 71

Palmetto, FL has a large population of military personnel who served in Vietnam, 2.65 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Palmetto, FL.

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Economy

The economy of Palmetto, FL employs 5.7k people. In 2024, the largest industries in Palmetto, FL were Retail Trade (689 people), Health Care & Social Assistance (659 people), and Professional, Scientific, & Technical Services (562 people), and the highest paying industries were Finance & Insurance ($136,607), Public Administration ($79,537), and Professional, Scientific, & Technical Services ($73,587).

Employment

Occupations

5.7k
2024 Value
± 611
−4.9%
1 Year decline
± 16%

From 2023 to 2024, employment in Palmetto, FL declined at a rate of −4.9%, from 6k employees to 5.7k employees.

The most common job groups, by number of people living in Palmetto, FL, are Office & Administrative Support Occupations (654 people), Management Occupations (606 people), and Sales & Related Occupations (535 people). This chart illustrates the share breakdown of the primary jobs held by residents of Palmetto, FL.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for Florida.

This chart shows weekly unemployment insurance claims in Florida (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

5.7k
2024 Value
± 611
−4.9%
1 Year decline
± 16%

From 2023 to 2024, employment in Palmetto, FL declined at a rate of −4.9%, from 6k employees to 5.7k employees.

The most common employment sectors for those who live in Palmetto, FL, are Retail Trade (689 people), Health Care & Social Assistance (659 people), and Professional, Scientific, & Technical Services (562 people). This chart shows the share breakdown of the primary industries for residents of Palmetto, FL, though some of these residents may live in Palmetto, FL and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$41,937
Median earning men ± $5,021
$35,474
Median earning women ± $5,679

The industries with the best median earnings for men in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($205,136), Public Administration ($112,125), and Agriculture, Forestry, Fishing & Hunting, & Mining ($48,789).

The industries with the best median earnings for women in 2024 are Public Administration ($65,391), Finance & Insurance, & Real Estate & Rental & Leasing ($52,596), and Wholesale Trade ($46,731).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Florida.
Y-Axis
4.23%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 9.69M people employed in Florida. This represents a 4.23% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 12.6%.

The following chart shows monthly employment numbers for each industry sector in Florida.

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Civics

In the 2024 presidential election, the popular vote in Florida went to Donald J. Trump with 56.1% of the vote. The runner-up was Kamala Harris (43%), followed by Jill Stein (0.396%).

Rick Scott and Ashley Moody are the senators currently representing the state of Florida. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Florida is currently represented by 26 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Voting results are not available for Palmetto, FL. Showing the available data for Florida.
2024 Election Results
  1. Donald J. Trump (56.1%)
    Republican Party
  2. Kamala Harris (43%)
    Democratic Party
  3. Jill Stein (0.396%)
    Green Party

In the 2024 presidential election, the popular vote in Florida went to Donald J. Trump with 56.1% of the vote. The runner-up was Kamala Harris (43%), followed by Jill Stein (0.396%).

The following chart shows the popular vote results in Florida for each registered party from 1976 to 2024.

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Senator Elections

US Senators from Florida

Senatorial voting results are only available at the state level. Showing data for Florida.
Rick Scott
Senator from Florida1
Assumed office on January 8, 2019
Inauguration delayed in order to finish his term as Governor of Florida.
Ashley Moody
Senator from Florida2
Assumed office on January 21, 2025
While elections for full class 3 terms will take place in 2028, Florida will hold a special election in 2026 to elect a senator to complete the remainder of Marco Rubio's term.

Rick Scott and Ashley Moody are the senators currently representing Florida.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Florida over time, excluding special elections, colored by their political party.

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Housing & Living

The median property value in Palmetto, FL was $313,400 in 2024, which is 0.942 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $256,700 to $313,400, a 22.1% increase. The homeownership rate in Palmetto, FL is 68.8%, which is higher than the national average of 65.2%.

People in Palmetto, FL have an average commute time of 25.5 minutes, and they drove alone to work. Car ownership in Palmetto, FL is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$313,400
Median Property Value 2024
±$31,513
$3,629
Median Property Taxes
±$412

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Palmetto, FL the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Palmetto, FL compared to it's parent and neighbor geographies.

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Rent vs Own

68.8%
Homeownership
2024
64%
Homeowners with Mortgage
2024

In 2024, 68.8% of the housing units in Palmetto, FL were occupied by their owner. This percentage grew from the previous year's rate of 67.9%.

This chart shows the percentage of owner in Palmetto, FL compared it's parent and neighboring geographies.

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$62,621
Median Household Income
± $7,333
5.27k
Number of Households
± 571

In 2024, the median household income of the 5.27k households in Palmetto, FL grew to $62,621 from the previous year's value of $61,538.

The following chart displays the households in Palmetto, FL distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

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Wage Distribution

The closest comparable wage GINI for Palmetto, FL is from Florida.
0.473
2023 Wage GINI in Florida
0.474
2022 Wage GINI in Florida

In 2023, the income inequality in Florida was 0.473 according to the GINI calculation of the wage distribution. Income inequality had a 0.136% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Florida was lower than than the national average of 0.476. In other words, wages are distributed more evenly in Florida in comparison to the national average.

This chart shows the number of workers in Florida across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (72.4%)
  2. Carpooled (12.9%)
  3. Worked At Home (11%)

In 2024, 72.4% of workers in Palmetto, FL drove alone to work, followed by those who carpooled to work (12.9%) and those who worked at home (11%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

25.5 minutes
Average Travel Time

Using averages, employees in Palmetto, FL have a shorter commute time (25.5 minutes) than the normal US worker (26.4 minutes). Additionally, 1.23% of the workforce in Palmetto, FL have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Palmetto, FL compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Palmetto, FL distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Palmetto, FL have 2 cars.

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Poverty

Poverty & Diversity

13.5% of the population for whom poverty status is determined in Palmetto, FL (1.82k out of 13.5k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 6 - 11, followed by Females 65 - 74 and then Females 55 - 64.

The most common racial or ethnic group living below the poverty line in Palmetto, FL is Hispanic, followed by Other and White.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

85% of the population of Palmetto, FL has health coverage, with 32.6% on employee plans, 15.5% on Medicaid, 22.9% on Medicare, 12.9% on non-group plans, and 1.11% on military or VA plans.

Primary care physicians in Florida see 1,370 patients per year on average, which represents a 0% change from the previous year (1,370 patients). Compare this to dentists who see 1563 patients per year, and mental health providers who see 459 patients per year.

By gender, of the total number of insured persons, 47.4% were men and 52.6% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 21.6% under 18 years, 14.6% between 18 and 34 years, 34.3% between 35 and 64 years, and 29.4% over 64 years.

By gender, of the total number of insured persons, 47.4% were men and 52.6% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

15%
Uninsured
32.6%
Employer Coverage
15.5%
Medicaid
22.9%
Medicare
12.9%
Non-Group
1.11%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Palmetto, FL grew by 5.32% from 14.2% to 15%.

The following chart shows how the percent of uninsured individuals in Palmetto, FL changed over time compared with the percent of individuals enrolled in various types of health insurance.

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