B
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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      am i middle class

      $Input your household income
      $70,203$105,316$210,632
      City
      $32,596$48,900$97,800
      State
      $36,877$55,322$110,644
      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.

      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%
      Other31.5%32.4%

      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).