Palmetto Bay is a village located in Miami-Dade County Florida. Palmetto Bay has a 2024 population of 24,243. Palmetto Bay is currently declining at a rate of -0.09% annually and its population has decreased by -0.35% since the most recent census, which recorded a population of 24,327 in 2020.
The average household income in Palmetto Bay is $205,337 with a poverty rate of 6.42%. The median age in Palmetto Bay is 41.6 years: 39 years for males, and 43.1 years for females.
According to the most recent ACS, the racial composition of Palmetto Bay was:
Race | Population | Percentage (of total) |
|---|---|---|
| White | 13,938 | 57.48% |
| Two or more races | 7,464 | 30.78% |
| Asian | 1,130 | 4.66% |
| Black or African American | 982 | 4.05% |
| Other race | 624 | 2.57% |
| Native American | 109 | 0.45% |
| Native Hawaiian or Pacific Islander | 0 | 0% |
White
Two or more races
Asian
Black or African American
Other race
Native American
Native Hawaiian or Pacific Islander
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 8,138 | 2.97 | 79 | 21 |
| Married | 5,369 | 3.52 | 89.1 | 10.9 |
| Non Family | 1,729 | 1.23 | 58.4 | 41.6 |
| Female | 538 | 3.18 | 63.9 | 36.1 |
| Male | 502 | 2.74 | 58 | 42 |
3.4
Average Family Size
2.97
Average Household Size
79.0%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Education Attained | Count | Percentage |
|---|---|---|
| 9th to 12th Grade | 499 | 3.01% |
| Associates Degree | 1,423 | 8.58% |
| Bachelors Degree | 5,478 | 33.01% |
| Graduate Degree | 4,726 | 28.48% |
| High School Graduate | 1,783 | 10.74% |
| Less Than 9th Grade | 405 | 2.44% |
| Some College | 2,280 | 13.74% |
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
Race | Total | High School | Bachelors |
|---|---|---|---|
| Hispanic | 8,099 | 7,433 | 4,592 |
| White | 6,521 | 6,430 | 4,265 |
| 2+ Races | 5,030 | 4,533 | 2,859 |
| Asian | 808 | 752 | 566 |
| Black | 660 | 580 | 325 |
| Other Race | 506 | 496 | 307 |
| Native American | 56 | 56 | 30 |
The highest rate of high school graduation is among native american people with a rate of 100%.
The highest rate of bachelors degrees is among asian people with a rate of 70.05%.
All
Male
Female
Name | Average | Male | Female |
|---|---|---|---|
| Bachelors Degree | $77,803 | $100,518 | $51,263 |
| Graduate Degree | $117,823 | $161,176 | $84,792 |
| High School Graduate | $36,673 | $37,062 | $36,037 |
| Less Than 9th Grade | $28,750 | $36,569 | $23,973 |
| Overall | $74,032 | $89,181 | $59,214 |
| Some College | $55,387 | $57,500 | $49,181 |
$74,032
Average Earnings
$89,181
Average Male
$59,214
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
50.98% of Palmetto Bay residents speak only English, while 49.02% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 41.6% of the population.
rate
Name | Total | In Poverty | Poverty Rate |
|---|---|---|---|
| Hispanic | 11,703 | 746 | 6.37% |
| White | 9,422 | 732 | 7.77% |
| Multiple | 7,419 | 560 | 7.55% |
| Asian | 1,123 | 39 | 3.47% |
| Black | 949 | 34 | 3.58% |
6.42%
Overall Poverty Rate
5.95%
Male Poverty Rate
6.94%
Female Poverty Rate
The race most likely to be in poverty in Palmetto Bay is White, with 7.77% below the poverty level.
The race least likely to be in poverty in Palmetto Bay is Asian, with 3.47% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 1.23%. Among those working part-time, it was 6.76%, and for those that did not work, the poverty rate was 11.54%.
rate
Rate | Poverty |
|---|---|
| Less Than 9th Grade | 13.57% |
| Some College | 10.99% |
| High School | 9.02% |
| Bachelors or Greater | 1.95% |
rate
Rate | Poverty |
|---|---|
| Female Unemployed | 20.3% |
| Male Unemployed | 7.73% |
| Male Employed | 2.79% |
| Female Employed | 1.54% |
Households
Families
MarriedFamilies
NonFamilies
Name | Median | Mean |
|---|---|---|
| Families | $174,046 | $232,705 |
| Households | $143,368 | $205,337 |
| Married Families | $185,888 | $-999,999,999 |
| Non Families | $59,923 | $97,808 |
mean
median
Married
Widowed
Divorced
Separated
NeverMarried
59.9%
Overall Marriage Rate
60.6%
Male Marriage Rate
59.2%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 55-64, while the female age group most likely to be married is 45-54.
Married
Widowed
Divorced
Separated
NeverMarried
Second Gulf War
First Gulf War
Vietnam
Korea
World War II
904
Number of Veterans
765
Male Veterans
139
Female Veterans
War | Veterans |
|---|---|
| First Gulf War | 318 |
| Second Gulf War | 234 |
| Vietnam | 172 |
| Korea | 48 |
| World War II | 0 |
count
Age Group | Veterans |
|---|---|
| 35 to 54 | 436 |
| 75+ | 216 |
| 55 to 64 | 151 |
| 65 to 74 | 86 |
| 18 to 34 | 15 |
count
Name | Veterans | % of Total |
|---|---|---|
| White | 700 | 6.72% |
| Hispanic | 177 | 1.96% |
| 2+ Races | 146 | 2.61% |
| Black | 54 | 7.62% |
| Asian | 4 | 0.45% |
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
5.31%
Veteran Poverty Rate
35.95%
Veteran Disability Rate
LaborForceParticipation
67.1%
Labor Force Participation
64.8%
Employment Rate
3.4%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
42.85%
Born in Palmetto Bay
69.79%
Native Born
30.21%
Foreign Born
8.75%
Non Citizen
21.45%
Naturalized
69.79% of Palmetto Bay residents were born in the United States, with 42.85% having been born in Florida. 8.75% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.
Year | Population | Growth | Change |
|---|---|---|---|
| 2029 | 24,138 | -21 | -0.09% |
| 2028 | 24,159 | -21 | -0.09% |
| 2027 | 24,180 | -21 | -0.09% |
| 2026 | 24,201 | -21 | -0.09% |
| 2025 | 24,222 | -21 | -0.09% |
| 2024 | 24,243 | -21 | -0.09% |
| 2023 | 24,264 | 38 | 0.16% |
| 2022 | 24,226 | 361 | 1.51% |
| 2021 | 23,865 | -462 | -1.9% |
| 2020 | 24,327 | -151 | -0.62% |
| 2019 | 24,478 | 352 | 1.46% |
| 2018 | 24,126 | -197 | -0.81% |
| 2017 | 24,323 | 4 | 0.02% |
| 2016 | 24,319 | 21 | 0.09% |
| 2015 | 24,298 | 77 | 0.32% |
| 2014 | 24,221 | 6 | 0.02% |
| 2013 | 24,215 | 199 | 0.83% |
| 2012 | 24,016 | 241 | 1.01% |
| 2011 | 23,775 | 282 | 1.2% |
| 2010 | 23,493 | 0 | 0% |