Palmetto Bay, FL Employment - Median Household Income, Unemployment Rate

Get 300+ Local Insights for Any Address in Palmetto Bay, FL

Get Access to 300+ Local Data Points

A+

79%

Income/capita NAT. AVG.

123%

Household income NAT. AVG.

4%

Unemployment NAT. AVG.

Index	Palmetto Bay	Florida	National
Income per capita	$80,215	$40,554	$44,883
Median household income	$181,108	$72,078	$81,333
Median income owner occupied	$202,108	$88,075	$106,172
Median income renter occupied	$75,062	$51,794	$52,080
Median earnings male	$95,737	$45,688	$54,343
Median earnings female	$54,972	$37,493	$38,439
Unemployment rate	4.7%	5.2%	4.9%
Poverty level	5.5%	16.1%	15.1%

Explore the Local Economy Before Moving!

See economic data around your specific address
Understand nearby income and employment trends
Compare local economies side by side

GET REPORT →

Homes For Sale In Palmetto Bay, FL

6740 SW 144th St

Palmetto Bay, FL

15225 SW 73rd Ct

Miami, FL

8820 SW 182nd Ter

Palmetto Bay, FL

8201 SW 150th Dr

Palmetto Bay, FL

Key findings

The income per capita in Palmetto Bay is 79% higher than the national average
The median household income in Palmetto Bay is 123% 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 64% lower than the national average

Compare Palmetto Bay, FL Employment

Compare Neighborhoods & Addresses

Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.

UNLOCK FULL COMPARISON →

Best Places for Employment in and Around Palmetto Bay

See all the best places to live around Palmetto Bay

Write a review to give others more information about this area.

See all Palmetto Bay poll results

am i middle class

$120,726 $181,108 $362,216

City

$48,047 $72,078 $144,156

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

The best places in Florida

Here are the best places to live in Florida

These are the 10 cheapest cities in Florida

Check out the 10 most dangerous cities in Florida

See the best places to live in Palmetto Bay

Palmetto Bay median earnings by income bracket

Palmetto Bay employment by industry

Labour Type	Male	Female
Construction industry	5.7%	5.7%
Manufacturing sector	7.3%	7.3%
Financial & insurance services	5.6%	5.6%
Wholesale & retail services	17.7%	17.7%
Public administration	6.5%	6.5%
Transportation, warehousing & utilities	8.3%	8.3%
Education, health & social services	16.5%	16.5%
Other	30.4%	30.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Fisher Island, FL	367	$345,858	325.2%
Key Biscayne, FL	13,140	$250,720	208.3%
Pinecrest, FL	19,841	$249,223	206.4%
Coral Gables, FL	51,686	$155,889	91.7%
Country Walk, FL	19,103	$137,554	69.1%
Palmetto Bay, FL	25,232	$181,108	122.7%

Cities with similar population

City	Population	Household Income	National Avg.
Homer Glen, IL	25,242	$164,552	102.3%
Northdale, FL	25,220	$124,615	53.2%
Collingwood, ON	25,244	n/a
West Memphis, AR	25,245	$48,898	39.9%
Pooler, GA	25,214	$119,782	47.3%
Palmetto Bay, FL	25,232	$181,108	122.7%

Source: The Palmetto Bay, FL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.