A+
80%
Income/capita NAT. AVG.
123%
Household income NAT. AVG.
4%
Unemployment NAT. AVG.
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IndexPalmetto BayFloridaNational
Income per capita$53,746$27,598$29,829
Median household income$123,235$48,900$55,322
Median income owner occupied$137,708$59,209$70,586
Median income renter occupied$50,823$34,622$35,192
Median earnings male$66,273$31,444$36,919
Median earnings female$36,769$25,332$26,250
Unemployment rate4.5%4.9%4.7%
Poverty level5.5%16.1%15.1%
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Key findings

  • The income per capita in Palmetto Bay is 80% 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

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Compare Palmetto Bay, FL Employment

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      am i middle class

      $
      Input your household income
      $82,148 $123,235 $246,470
      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 industry5.7%5.7%
      Manufacturing sector7.3%7.3%
      Financial & insurance services5.6%5.6%
      Wholesale & retail services17.7%17.7%
      Public administration6.5%6.5%
      Transportation, warehousing & utilities8.3%8.3%
      Education, health & social services16.5%16.5%
      Other30.4%30.4%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Fisher Island, FL360$227,827311.8%
      Key Biscayne, FL12,867$166,667201.3%
      Pinecrest, FL19,183$164,419197.2%
      Coral Gables, FL49,937$103,99988.0%
      Country Walk, FL18,710$91,46465.3%
      Palmetto Bay, FL24,308$123,235122.8%

      Cities with similar population

      City Population Household Income National Avg.
      Avon Lake, OH24,309$82,99450.0%
      Papillion, NE24,310$90,00062.7%
      Harvey, IL24,295$32,63541.0%
      Okemos, MI24,295$78,59642.1%
      Arnold, MD24,334$119,504116.0%
      Palmetto Bay, FL24,308$123,235122.8%
      Source: The Palmetto Bay, FL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).