Income/capita 51%
Household income 90%
Unemployment 6%
IndexPalmetto BayFloridaNational
Income per capita$44,896$27,598$29,829
Median household income$105,316$48,900$55,322
Median income owner occupied$115,647$59,209$70,586
Median income renter occupied$31,835$34,622$35,192
Median earnings male$60,054$31,444$36,919
Median earnings female$34,194$25,332$26,250
Unemployment rate4.4%4.9%4.7%
Poverty level7.2%16.1%15.1%

Key findings

  • The income per capita in Palmetto Bay is 51% higher than the national average
  • The median household income in Palmetto Bay is 90% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Palmetto Bay is 6% lower than the national average
  • The poverty level in Palmetto Bay is 53% lower than the national average

Best Places for Employment in and Around Palmetto Bay

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Compare Palmetto Bay, FL Employment

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      Palmetto Bay median earnings by income bracket

      Palmetto Bay employment by industry

      Labour TypeMaleFemale
      Construction industry7.9%1.7%
      Manufacturing sector5.7%0.2%
      Financial & insurance services7.9%6.7%
      Wholesale & retail services18.2%12.9%
      Public administration7.4%3.3%
      Transportation, warehousing & utilities5.6%2.7%
      Education, health & social services13.5%37.5%

      Nearby cities with high median household income

      City, StatePopulationHousehold IncomeNational Avg.
      Pinecrest, FL19,272$130,900137%
      Key Biscayne, FL12,935$124,504125%
      Coral Gables, FL50,533$91,45265%
      Country Walk, FL16,975$74,80635%
      Doral, FL53,426$74,17434%
      Palmetto Bay, FL24,522$105,31690%

      Cities with similar population

      City, StatePopulationHousehold IncomeNational Avg.
      Seal Beach, CA24,510$60,2229%
      Northport, AL24,544$52,2815%
      De Pere, WI24,544$64,25316%
      Loves Park, IL24,499$50,2849%
      West Puente Valley, CA24,476$66,53220%
      Palmetto Bay, FL24,522$105,31690%
      Source: The Palmetto Bay, FL employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).