Palmetto Bay employment information

IndexPalmetto BayFloridaNational
Income per capita$42,363$26,499$28,555
Median household income$108,360$47,212$53,482
Median income owner occupied$118,216$57,046$68,142
Median income renter occupied$30,677$32,605$33,219
Median earnings male$61,592$31,136$36,116
Median earnings female$34,808$24,898$25,692
Unemployment rate5.6%6.5%5.8%
Poverty level7.4%16.7%15.6%

Did you know?

  • The income per capita in Palmetto Bay is 48% higher than the national average.
  • The median household income in Palmetto Bay is 103% higher than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Palmetto Bay is 4% lower than the national average.
  • The poverty level in Palmetto Bay is 53% lower than the national average.

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Compare Palmetto Bay, FL Employment To Other Cities

Employment status

Hours worked per week

Palmetto Bay median earnings by income bracket

Palmetto Bay employment by industry

Labour TypeMaleFemale
Construction industry8.8%1.9%
Manufacturing sector6.4%0.0%
Financial & insurance services6.4%6.4%
Wholesale & retail services17.2%10.8%
Public administration8.1%4.3%
Transportation, warehousing & utilities4.8%2.6%
Education, health & social services15.6%40.9%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Pinecrest, FL18,914$122,235129%
Key Biscayne, FL12,774$121,023126%
Coral Gables, FL49,319$93,59075%
Country Walk, FL17,156$77,45145%
Doral, FL49,363$72,62336%
Palmetto Bay, FL24,214$108,360103%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
De Pere, WI24,216$56,8346%
Ridgeland, MS24,209$55,0123%
Franklin, IN24,193$51,3974%
Chaska, MN24,238$76,30143%
Suitland, MD24,180$56,9516%
Palmetto Bay, FL24,214$108,360103%
Source: The Palmetto Bay, FL employment data displayed above is derived from the United States Census Bureau.