Commute
An elevated score in the commute category points to excellent public transit accessibility and shorter-than-average work commute times in this area.
Crime
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
Employment
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Schools
The schools category earns a high score due to factors like exceptional test scores, strong education levels and the close proximity of elementary and high schools in this area.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Cost Of Living
Living in this region comes with a high cost of living, translating to elevated costs for homes, goods and services, groceries, utilities, health care and transportation.
Health & Safety
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Palmetto Bay, Florida is a mid-sized city with a population of 24,308 inhabitants. The majority of Palmetto Bay residents report their race to be White; this is followed by Asian and Black. Additionally, more than a quarter of the population of Palmetto Bay are of Hispanic or Latino origin, and 42% of the population also speak Spanish. An important consideration when living in Palmetto Bay is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 40 minutes, far surpassing the national average of 26 minutes.
Living in Palmetto Bay can be a good experience for anyone relocating to the area. Having said that, in the state of Florida, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. 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, commute, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Florida and national averages.
The livability score in Palmetto Bay is 73 out of 100 and the city is ranked in the 85th percentile of all cities across America. If we probe a little deeper into each category within the livability score, we see that Palmetto Bay has higher than average rankings for the following: crime (A-), education (A+) and housing (A). Palmetto Bay does not fare well for the following: amenities (F) and cost of living (F). It might be a smart idea to take a closer look at each category to find out why.
Standardized school test scores offer a valuable benchmark for assessing the quality of educational programs, instructional methods, and curriculum effectiveness. Recognizing that Palmetto Bay schools excel in test scores is a crucial consideration when determining the suitability of this area for residence. The local schools boast an impressive average test score of 73%, significantly higher than the national average. This stellar academic performance not only attests to the excellence of the educational system but also underscores the area's commitment to providing a high-quality education, making Palmetto Bay an appealing choice for those prioritizing their children's educational prospects.
Finding affordable real estate and housing in Palmetto Bay can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Being close to public transit, 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 $585,600, which is 251.1% 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 4.8, which is 41.2% higher than the Florida average.
| Statistic | Palmetto Bay | Florida | National |
| Average one way commute | 40min | 27min | 26min |
| Workers who drive to work | 75.9% | 79.5% | 76.4% |
| Workers who carpool | 6.9% | 9.3% | 9.3% |
| Workers who take public transit | 3.1% | 2.1% | 5.1% |
| Workers who bicycle | 0.5% | 0.7% | 0.6% |
| Workers who walk | 0.5% | 1.5% | 2.8% |
| Working from home | 12.0% | 5.4% | 4.6% |
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