In 2021, Palmetto Bay, FL had a population of 24.3k people with a median age of 41.8 and a median household income of $131,605. Between 2020 and 2021 the population of Palmetto Bay, FL grew from 24,308 to 24,327, a 0.0782% increase and its median household income grew from $123,235 to $131,605, a 6.79% increase.
The 5 largest ethnic groups in Palmetto Bay, FL are White (Non-Hispanic) (40.2%), White (Hispanic) (31.9%), Two+ (Hispanic) (14.6%), Asian (Non-Hispanic) (4.43%), and Two+ (Non-Hispanic) (2.85%).
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.
91.3% of the residents in Palmetto Bay, FL are U.S. citizens.
In 2021, the median property value in Palmetto Bay, FL was $617,900, and the homeownership rate was 79.2%.
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.
