Palmetto Estates vs Three Lakes

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

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

Palmetto Estates has the higher population (16,587 vs 16,426 in Three Lakes). Three Lakes has the higher median household income ($91,364 vs $82,199 in Palmetto Estates). Three Lakes has the higher median home value ($434,800 vs $412,200 in Palmetto Estates).

Population, income & housing

	Palmetto Estates	Three Lakes
Population	16,587	16,426
Median age	41.6 yrs	35.8 yrs
Median household income	$82,199	$91,364
Median home value	$412,200	$434,800
Median gross rent	$2,015	$2,255
Housing units	4,253	5,484
Homeownership rate	89.2%	65.9%
Bachelor's degree or higher	27.5%	37.4%
Unemployment rate	4.3%	2.8%

Trends (ACS 5-year, 2019–2023)

	Palmetto Estates	Three Lakes
Population	15,640 → 16,587 (+6.1%)	15,614 → 16,426 (+5.2%)
Median household income	$62,910 → $82,199 (+30.7%)	$67,955 → $91,364 (+34.4%)
Median home value	$236,000 → $412,200 (+74.7%)	$294,100 → $434,800 (+47.8%)
Median gross rent	$1,519 → $2,015 (+32.7%)	$1,836 → $2,255 (+22.8%)

Palmetto Estates

Population

15,64016,587

Median household income

$62,910$82,199

Median home value

$236,000$412,200

Median gross rent

$1,519$2,015

Three Lakes

Population

15,61416,426

Median household income

$67,955$91,364

Median home value

$294,100$434,800

Median gross rent

$1,836$2,255

Age & race/ethnicity

Age distribution (share)

	Palmetto Estates	Three Lakes
Under 5	5.0%	8.8%
5 to 17	16.2%	15.0%
18 to 24	8.9%	8.8%
25 to 34	10.4%	14.6%
35 to 44	14.2%	16.0%
45 to 54	17.5%	13.2%
55 to 64	11.2%	12.4%
65 to 74	10.3%	7.3%
75 and over	6.3%	3.8%

Race & ethnicity (share)

	Palmetto Estates	Three Lakes
White (non-Hispanic)	6.9%	23.8%
Black or African American	32.2%	6.7%
American Indian & Alaska Native	0.1%	0.0%
Asian	1.4%	5.9%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	1.5%	0.8%
Two or more races	1.9%	2.6%
Hispanic or Latino	56.0%	60.0%

Educational attainment (age 25+)

Share of adults 25+

	Palmetto Estates	Three Lakes
No high school diploma	14.6%	9.1%
High school graduate	32.1%	21.1%
Some college or associate's	25.7%	32.4%
Bachelor's degree	19.8%	27.4%
Graduate or professional degree	7.8%	10.0%

Commute to work

How workers get to work (share)

	Palmetto Estates	Three Lakes
Drove alone	81.4%	77.3%
Carpooled	10.2%	6.2%
Public transit	1.4%	0.7%
Walked	0.0%	1.3%
Bicycle	0.0%	0.3%
Worked from home	4.0%	13.0%
Other means	3.1%	1.1%

Housing

Units in structure (share)

	Palmetto Estates	Three Lakes
1-unit, detached	93.1%	56.4%
1-unit, attached	2.7%	27.2%
2 to 4 units	0.1%	1.5%
5 to 19 units	0.0%	7.2%
20 or more units	3.8%	7.7%
Mobile home & other	0.3%	0.0%

Poverty & households

	Palmetto Estates	Three Lakes
Poverty rate	10.0%	10.7%
Average household size	3.90	3.09
Mean commute (minutes)	35	32
Median year structure built	1973	1997