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Palmetto, FL Area and Community Summary Information


Community Summary

Palmetto Florida
Community Characteristics
Population 14,517 18,486,255
Population Density 3,364 320
Educational Climate Index 3
Median Age 34.05 38.81
Median Dwelling Age 26 20
In Current Residence 5+ years 30 % 32 %
Median Home Sale Price $291,250
Average household Income $50,625 $61,802
Median Value of Home Equity $155,033 $175,352
Median Mortgage Debt $299,667 $356,776
Total Household Expenditure 85 96
Total Crime Risk 170 130
Weather Risk 414 372
Air Pollution Index 101 102
Median Travel Time to Work 20.04 21.84
     

Population Characteristics

Palmetto Florida
Population 14,517 18,486,255
Population Density 3,364 320
     
Male Population 7,321 9,081,814
Female Population 7,196 9,404,441
     
Population Change Since 1990 51 % 43 %
Population Change Since 2000 15 % 16 %
     

Age

Palmetto Florida
Median Age 34.05 38.81
     
Population: Age 0-4 1,114 1,156,958
Population: Age 5-9 1,158 1,130,552
Population: Age 10-14 960 1,164,108
Population: Age 15-19 1,067 1,204,324
Population: Age 20-24 1,120 1,188,590
Population: Age 25-29 1,021 1,129,014
Population: Age 30-34 811 1,124,181
Population: Age 35-39 765 1,191,867
Population: Age 40-44 830 1,326,585
Population: Age 45-49 870 1,364,280
Population: Age 50-54 798 1,254,483
Population: Age 55-59 783 1,126,664
Population: Age 60-64 664 977,985
Population: Age 65-69 646 839,297
Population: Age 70-74 529 735,708
Population: Age 75-79 482 625,635
Population: Age 80-84 472 484,812
Population: Age 85+ 427 461,212
     

Race Distribution

Palmetto Florida
Race: White 10,089 14,109,066
Race: American Indian, Eskimo, Aleut 29 63,162
Race: Asian or Pacific Islander 92 425,181
Race: Other 1,829 593,170
Race: Hawaiian / Pacific Islander 10 7,345
Race: Black 1,995 2,806,738
     

Hispanic Distribution

Palmetto Florida
Population: Hispanic 5,104 3,768,276
Population: Not Hispanic 9,413 14,717,979
     

Education

Palmetto Florida
Education: Less than 9th Grade 786 640,846
Education: Some High School 1,362 1,112,914
Education: High School Graduate 2,909 3,935,624
Education: Some College 1,832 2,522,404
Education: Associate Degree 560 1,128,459
Education: Bachelors Degree 1,077 2,158,905
Education: Graduate Degree 573 1,142,571
     

Marital Status

Palmetto Florida
Never Married 2,541 3,504,456
Now Married 5,614 7,844,981
Separated 854 813,329
Widowed 962 1,154,382
Divorced 1,302 1,714,487
     

Households

Palmetto Florida
Households 5,341 7,319,608
Average Household Size
     
Households: Family 3,566 4,736,583
Households: Non-Family 1,774 2,583,025
     
Households: With Children 1,954 2,222,311
Households: No Children 3,385 5,097,297
     

Housing Characteristics

Palmetto Florida
Median Dwelling Age 26 20
Median Home Sale Price $291,250
Average household Income $50,625 $61,802
Median Value of Home Equity $155,033 $175,352
Median Mortgage Debt $299,667 $356,776
     

Home Ownership

Palmetto Florida
Vacant Dwellings 1313 1300734
Owner-Occupied Dwellings 3757 5080006
Renter-Occupied Dwellings 1584 2239602
     

Turnover

Palmetto Florida
In Current Residence 5+ years 30 % 32 %
Annual Residential Turnover 18 % 19 %
     
Median Years in Residence 2.8 2.95
     

Income Characteristics

Palmetto Florida
Median household income $42,026 $47,740
Average household Income $50,625 $61,802
Per capita income $21,071 $25,133
Median Disposable Income $36,569 $40,785
     

Income Growth

Palmetto Florida
Change in Avg. Household Income Since 1990 99 % 73 %
Change in Avg. Household Income Since 2000 20 % 23 %
     

Household Income

Palmetto Florida
Household Income: $0-$10,000 369 593,732
Household Income: $10,000-$15,000 392 352,026
Household Income: $15,000-$20,000 403 401,030
Household Income: $20,000-$25,000 384 445,077
Household Income: $25,000-$30,000 461 461,988
Household Income: $30,000-$35,000 246 420,093
Household Income: $35,000-$40,000 286 388,196
Household Income: $40,000-$45,000 317 404,055
Household Income: $45,000-$50,000 273 353,133
Household Income: $50,000-$60,000 572 692,174
Household Income: $60,000-$75,000 583 758,236
Household Income: $75,000-$100,000 519 833,100
Household Income: $100,000-$125,000 240 460,192
Household Income: $125,000-$150,000 119 251,764
Household Income: $150,000-$200,000 68 220,628
Household Income: $200,000-$250,000 20 81,575
Household Income: $250,000-$500,000 26 104,352
Household Income: $500,000+ 61 98,257
     

Median Income

Palmetto Florida
Median Income: Age < 25 $31,818 $31,651
Median Income: Age 25-34 $39,271 $46,292
Median Income: Age 35-44 $46,593 $54,167
Median Income: Age 45-54 $50,952 $57,896
Median Income: Age 55-64 $46,094 $52,246
Median Income: Age 65-74 $37,745 $41,576
Median Income: Age 75+ $32,353 $34,530
     

Cost of Living Index

Palmetto Florida
Total Household Expenditure 85 96
Contributions 78 95
Personal Insurance 79 95
Apparel 84 96
Education 75 94
Entertainment 84 96
Food And Beverages 87 97
Health Care 90 98
Household Furnishings And Equipment 82 96
Shelter 84 96
Household Operations 80 95
Miscellaneous Expenses 87 97
Personal Care 86 97
Reading 85 97
Tobacco 95 99
Transportation 86 97
Utilities 89 97
Gifts 80 95
     
Sales Tax Rate 7 %
     

Financial Characteristics

Palmetto Florida
Median Household Net Worth $121,413 $145,340
Average Household Net Worth $395,430 $479,325
Median Value of Home Equity $155,033 $175,352
Median Mortgage Debt $299,667 $356,776
     

Net Worth

Palmetto Florida
Net Worth: $0 or Less 614 827,849
Net Worth: $1-$5,000 727 954,713
Net Worth: $5,000-$10,000 375 501,515
Net Worth: $10,000-$25,000 651 884,800
Net Worth: $25,000-$50,000 704 968,998
Net Worth: $50,000-$100,000 883 1,212,606
Net Worth: $100,000-$250,000 1,027 1,432,205
Net Worth: $250,000-$500,000 398 567,392
Net Worth: Greater Than $500,000 204 302,895
     

Investments and Debt

Palmetto Florida
Median Value of Transaction Accounts $22,329 $26,132
Median Value of Certificates of Deposit $6,568 $7,064
Median Value of Savings Bonds $964 $1,068
Median Value of Bonds (Not US Savings) $8,565 $11,261
Median Value of Stocks $28,375 $36,366
Median Value of Mutual Funds $23,826 $29,743
Median Value of Retirement Accounts $53,115 $65,084
Median Value of Cash Value Life Ins $5,063 $5,956
Median Value of Other Managed Accounts $13,504 $15,966
Median Value of Other Financial Assets $3,508 $4,375
Median Value of Any Financial Assets $165,817 $203,015
Median Value of Vehicles Owned $15,907 $17,480
Median Value of Investment Property Equity $30,025 $37,142
Median Value of Business Equity $20,940 $25,869
Median Value of Other Non-Financial Assets $73,335 $95,581
Median Value of Any Non-Financial Assets $4,428 $5,351
Median Installment Loan Debt $52,624 $60,343
Median Lines of Credit Debt $5,687 $7,302
Median Credit Card Debt $484 $623
Median Investment Real Estate Debt $7,965 $8,532
Median Other Debt $13,261 $15,195
Median Total Debts $136,565 $167,801
     

Occupation

Palmetto Florida
     
Occupations: White Collar 4,664 6,366,306
Occupations: Blue Collar 1,763 1,934,396
     
Business Counts: Professional Specialty Occupations 691 1,160,315
Business Counts: Sales Professionals 180 236,841
Business Counts: Technologies and Technicians 129 304,983
Business Counts: Sales Workers and Clerks 761 812,492
Business Counts: Administrative Support 1,156 1,568,203
Business Counts: Technical, Sales and Administrative: Field Occupations 30 20,751
Business Counts: Private Household 0 138
Business Counts: Protective Services 120 142,492
Business Counts: Other Services: Site Based 898 1,111,108
Business Counts: Other Services: Field Based 24 43,988
Business Counts: Farming, Forestry, and Fishing 331 274,225
Business Counts: Precision, Craft, and Repair: Site Based 596 747,705
Business Counts: Construction, Repair and Mining: Field Based 228 277,842
Business Counts: Machine Operators, Assemblers and Inspectors 135 157,306
Business Counts: Transportation Materials Moving Workers 249 257,776
Business Counts: Handlers, Helpers and Laborers 224 219,542
     
Employees: Agricultural, Forestry, Fishing 394 106,629
Employees: Mining 1 3,592
Employees: Construction 451 501,409
Employees: Manufacturing 220 460,622
Employees: Transportation and Communications 450 348,859
Employees: Wholesale Trade 761 392,995
Employees: Retail Trade 1,760 1,889,418
Employees: Finance, Insurance and Real Estate 325 698,187
Employees: Services 1,690 3,359,233
Employees: Public Administration 373 540,012
     

Transportation & Commute

Palmetto Florida
Median Travel Time to Work 20.04 21.84
Transportation to Work: Public 1 % 2 %
Transportation to Work: Drive / Carpool 91 % 92 %
Transportation to Work: Walk / Bike / Other 5 % 3 %
Transportation to Work: Work at Home 3 % 3 %
     

Crime Risk

Palmetto Florida
Total Crime Risk 170 130
     
Personal Crime Risk 180 157
Murder Risk 42 97
Rape Risk 143 126
Robbery Risk 154 134
Assault Risk 264 173
     
Property Crime Risk 184 126
Burglary Risk 245 137
Larceny Risk 212 124
Motor Vehicle Theft Risk 93 114
     

Temperature & Rain

Palmetto Florida
Average January High Temperature 72.3 68.34
Average January Low Temperature 50.9 45.63
Average July High Temperature 91.3 91.24
Average July Low Temperature 72.5 72.04
     
Annual Precipitation 54.12 54.31
     

Weather Risk Index

Palmetto Florida
Weather Risk 414 372
Earthquake Risk 16 18
Hail Index 0 30
Hurricane Index 506 540
Tornado Index 405 242
Wind Index 0 55
     

Environmental Quality Index

Palmetto Florida
Air Pollution Index 101 102
Ozone Index 91 87
Carbon Monoxide Index 132 92
Lead Index 112 151
NO2 Index 85 89
Particulate Matter Index 84 93
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics Information is deemed reliable but not guaranteed.

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