Palmetto Bay is a mid-sized city located in the state of Florida. The city has a population of 24,522 residents. According to the most recent Census, 86% of Palmetto Bay residents are White, 6% Black and 4% Asian. Additionally, more than a quarter of the population of Palmetto Bay are of Hispanic or Latino origin, and 41% of the population also speak Spanish. If you are looking for a family friendly city, Palmetto Bay might be a good fit as 78% of the population over 15 years old are married, and 53% have kids who are 18 years old or younger.
Whether you’re relocating to a new area to be closer to family, friends or for a new job, living in Palmetto Bay could be a positive experience compared to other cities in Florida if you know where to search. The best areas in Palmetto Bay and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, cost of living, education, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Florida and national averages.
With a livability score of 75/100, Palmetto Bay is ranked #4,861 in the United States and #361 in Florida. Compared to the US average, Palmetto Bay ranks among some of the best places to live in the country! For each of the livability categories, we see that Palmetto Bay ranks very well for amenities (A+), crime (C+), weather (A), education (A+) and employment (B). There is at least one category that does not have great scores in Palmetto Bay. The following was graded with a concerning score: cost of living (F) and housing (F).
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Palmetto Bay, there is no shortage of amazing local amenities and interesting things to do.
Knowing that the Palmetto Bay schools rank highly for test scores plays an important factor in deciding if this area is the right place to live. The average school test scores are 70%, which is far higher than the national average.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Palmetto Bay. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Palmetto Bay are affordable. Median real estate prices in Palmetto Bay come in at $467,400, which is 180.2% higher than the Florida average. The home price to income ratio compares the median home prices to the median household income. In Palmetto Bay, the home price to income ratio is 4.4, which is 29.4% higher than the Florida average.