Ives Estates vs Palmetto Bay

A side-by-side comparison of Ives Estates and Palmetto Bay: population, income, housing, and more.

Ives Estates and Palmetto Bay are places in Florida. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Ives Estates has the higher population (26,154 vs 24,247 in Palmetto Bay). Palmetto Bay has the higher median household income ($143,368 vs $67,841 in Ives Estates). Palmetto Bay has the higher median home value ($787,000 vs $287,500 in Ives Estates).

Population, income & housing

	Ives Estates	Palmetto Bay
Population	26,154	24,247
Median age	37.8 yrs	41.6 yrs
Median household income	$67,841	$143,368
Median home value	$287,500	$787,000
Median gross rent	$1,979	$1,862
Housing units	10,411	8,760
Homeownership rate	56.1%	79.0%
Bachelor's degree or higher	33.4%	61.5%
Unemployment rate	5.5%	3.4%

Trends (ACS 5-year, 2019–2023)

	Ives Estates	Palmetto Bay
Population	22,707 → 26,154 (+15.2%)	24,333 → 24,247 (-0.4%)
Median household income	$56,613 → $67,841 (+19.8%)	$123,477 → $143,368 (+16.1%)
Median home value	$195,700 → $287,500 (+46.9%)	$562,300 → $787,000 (+40.0%)
Median gross rent	$1,488 → $1,979 (+33.0%)	$1,426 → $1,862 (+30.6%)

Ives Estates

Population

22,70726,154

Median household income

$56,613$67,841

Median home value

$195,700$287,500

Median gross rent

$1,488$1,979

Palmetto Bay

Population

24,33324,247

Median household income

$123,477$143,368

Median home value

$562,300$787,000

Median gross rent

$1,426$1,862

Age & race/ethnicity

Age distribution (share)

	Ives Estates	Palmetto Bay
Under 5	6.0%	6.7%
5 to 17	15.2%	18.3%
18 to 24	8.7%	6.6%
25 to 34	15.2%	10.3%
35 to 44	16.1%	12.9%
45 to 54	14.3%	14.9%
55 to 64	11.4%	15.8%
65 to 74	7.7%	8.1%
75 and over	5.3%	6.5%

Race & ethnicity (share)

	Ives Estates	Palmetto Bay
White (non-Hispanic)	18.9%	38.9%
Black or African American	41.9%	3.8%
American Indian & Alaska Native	0.1%	0.0%
Asian	1.9%	4.4%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.3%	1.1%
Two or more races	4.6%	3.3%
Hispanic or Latino	32.2%	48.5%

Educational attainment (age 25+)

Share of adults 25+

	Ives Estates	Palmetto Bay
No high school diploma	7.4%	5.4%
High school graduate	27.9%	10.7%
Some college or associate's	31.2%	22.3%
Bachelor's degree	21.1%	33.0%
Graduate or professional degree	12.3%	28.5%

Commute to work

How workers get to work (share)

	Ives Estates	Palmetto Bay
Drove alone	75.8%	63.2%
Carpooled	9.2%	10.3%
Public transit	2.6%	2.2%
Walked	0.8%	1.1%
Bicycle	0.0%	0.0%
Worked from home	10.2%	19.6%
Other means	1.3%	3.6%

Housing

Units in structure (share)

	Ives Estates	Palmetto Bay
1-unit, detached	22.6%	79.5%
1-unit, attached	10.7%	4.7%
2 to 4 units	3.9%	2.2%
5 to 19 units	23.7%	2.2%
20 or more units	38.8%	11.5%
Mobile home & other	0.3%	0.0%

Poverty & households

	Ives Estates	Palmetto Bay
Poverty rate	9.2%	6.4%
Average household size	2.65	2.97
Mean commute (minutes)	33	36
Median year structure built	1984	1976