Palmetto, FL Employment - Median Household Income, Unemployment Rate

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D-

6%

Income/capita NAT. AVG.

13%

Household income NAT. AVG.

2%

Unemployment NAT. AVG.

Index	Palmetto	Florida	National
Income per capita	$42,122	$40,554	$44,883
Median household income	$70,980	$72,078	$81,333
Median income owner occupied	$77,329	$88,075	$106,172
Median income renter occupied	$62,992	$51,794	$52,080
Median earnings male	$41,624	$45,688	$54,343
Median earnings female	$41,698	$37,493	$38,439
Unemployment rate	5.0%	5.2%	4.9%
Poverty level	21.4%	16.1%	15.1%

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6817 Bayshore Rd

Palmetto, FL

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Palmetto, FL

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Parrish, FL

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Parrish, FL

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Key findings

The income per capita in Palmetto is 6% lower than the national average
The median household income in Palmetto is 13% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Palmetto is 2% higher than the national average
The poverty level in Palmetto is 41% higher than the national average

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am i middle class

$47,315 $70,980 $141,960

City

$48,047 $72,078 $144,156

State

$54,216 $81,333 $162,666

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 median earnings by income bracket

Palmetto employment by industry

Labour Type	Male	Female
Construction industry	15.7%	15.7%
Manufacturing sector	13.9%	13.9%
Financial & insurance services	1.9%	1.9%
Wholesale & retail services	23.0%	23.0%
Public administration	4.5%	4.5%
Transportation, warehousing & utilities	4.8%	4.8%
Education, health & social services	2.5%	2.5%
Other	32.0%	32.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Tierra Verde, FL	4,153	$181,176	122.8%
Longboat Key, FL	7,571	$163,633	101.2%
Whitfield, FL	4,551	$128,611	58.1%
Anna Maria, FL	1,114	$121,086	48.9%
St. Pete Beach, FL	9,849	$118,033	45.1%
Palmetto, FL	13,991	$70,980	12.7%

Cities with similar population

City	Population	Household Income	National Avg.
Jasper, AL	13,990	$77,891	4.2%
McMinnville, TN	13,998	$53,957	33.7%
Sainte-Marie, QC	13,983	n/a
Guelph/Eramosa, ON	13,999	n/a
Lake Arbor, MD	14,004	$162,122	99.3%
Palmetto, FL	13,991	$70,980	12.7%

Source: The Palmetto, FL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.