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

A+

80%

Income/capita NAT. AVG.

123%

Household income NAT. AVG.

4%

Unemployment NAT. AVG.

Index	Palmetto Bay	Florida	National
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 rate	4.5%	4.9%	4.7%
Poverty level	5.5%	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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am i middle class

$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.

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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	360	$227,827	311.8%
Key Biscayne, FL	12,867	$166,667	201.3%
Pinecrest, FL	19,183	$164,419	197.2%
Coral Gables, FL	49,937	$103,999	88.0%
Country Walk, FL	18,710	$91,464	65.3%
Palmetto Bay, FL	24,308	$123,235	122.8%

Cities with similar population

City	Population	Household Income	National Avg.
Avon Lake, OH	24,309	$82,994	50.0%
Papillion, NE	24,310	$90,000	62.7%
Harvey, IL	24,295	$32,635	41.0%
Okemos, MI	24,295	$78,596	42.1%
Arnold, MD	24,334	$119,504	116.0%
Palmetto Bay, FL	24,308	$123,235	122.8%

Source: The Palmetto Bay, FL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).