Income/capita 17%
Household income 24%
Unemployment 31%
Income per capita$24,824$27,598$29,829
Median household income$42,047$48,900$55,322
Median income owner occupied$52,564$59,209$70,586
Median income renter occupied$29,188$34,622$35,192
Median earnings male$26,149$31,444$36,919
Median earnings female$26,308$25,332$26,250
Unemployment rate3.2%4.9%4.7%
Poverty level19.2%16.1%15.1%

Key findings

  • The income per capita in Palmetto is 17% lower than the national average
  • The median household income in Palmetto is 24% lower than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Palmetto is 31% lower than the national average
  • The poverty level in Palmetto is 27% higher than the national average

Best Places for Employment in and Around Palmetto

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Compare Palmetto, FL Employment

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      am i middle class

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      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 median earnings by income bracket

      Palmetto employment by industry

      Labour TypeMaleFemale
      Construction industry16.8%5.5%
      Manufacturing sector13.8%2.7%
      Financial & insurance services0.4%3.9%
      Wholesale & retail services14.6%15.8%
      Public administration4.2%6.5%
      Transportation, warehousing & utilities6.2%2.6%
      Education, health & social services7.7%38.0%

      Nearby cities with high median household income

      City, StatePopulationHousehold IncomeNational Avg.
      Tierra Verde, FL3,469$91,03465%
      Longboat Key, FL7,158$87,20158%
      Whitfield, FL3,362$66,49120%
      St. Pete Beach, FL9,528$65,96019%
      Fruitville, FL13,333$61,67211%
      Palmetto, FL13,138$42,04724%

      Cities with similar population

      City, StatePopulationHousehold IncomeNational Avg.
      Geneva, NY13,136$37,97531%
      Meadville, PA13,134$34,82637%
      Western Springs, IL13,133$147,361166%
      Coatesville, PA13,132$36,21235%
      Ridge, NY13,129$63,08114%
      Palmetto, FL13,138$42,04724%
      Source: The Palmetto, FL employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).