Palmetto

Population: 13,449
Median household income: $61,538
Median home value: $256,700

Palmetto, a community in Manatee County, Florida, has 13,449 residents. Its median household income of $61,538 runs below the Manatee County figure of $75,792.

From 2019 to 2023, Palmetto's population declined 1.2% from 13,611 to 13,449, while its median home value rose 63.8% from $156,700 to $256,700.

The median resident is 52.8 years old. The largest age group is 55 to 64, 17.8% of residents.

Demographics

ACS 2019–2023

Population: 13,449
Median age: 52.8 yrs
Median household income: $61,538
Median home value: $256,700
Median gross rent: $1,286
Housing units: 7,222
Homeownership rate: 67.9%
Bachelor's degree or higher: 30.2%
Unemployment rate: 3.6%

Trends

ACS 5-year · 2019–2023

Population

13,61113,449

Median household income

$48,301$61,538

Median home value

$156,700$256,700

Median gross rent

$938$1,286

Year	Population	Median household income	Median home value	Median gross rent
2019	13,611	$48,301	$156,700	$938
2020	13,678	$46,910	$161,300	$994
2021	13,304	$50,762	$172,500	$1,066
2022	13,384	$55,584	$219,700	$1,222
2023	13,449	$61,538	$256,700	$1,286

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.0%

5 to 1712.7%

18 to 246.0%

25 to 348.9%

35 to 449.4%

45 to 5410.7%

55 to 6417.8%

65 to 7415.3%

75 and over14.2%

	Count	Share
Under 5	679	5.0%
5 to 17	1,703	12.7%
18 to 24	805	6.0%
25 to 34	1,202	8.9%
35 to 44	1,264	9.4%
45 to 54	1,441	10.7%
55 to 64	2,391	17.8%
65 to 74	2,054	15.3%
75 and over	1,910	14.2%

Race & ethnicity

	Count	Share
White (non-Hispanic)	8,576	63.8%
Black or African American	1,752	13.0%
American Indian & Alaska Native	0	0.0%
Asian	83	0.6%
Native Hawaiian & Pacific Islander	68	0.5%
Some other race	21	0.2%
Two or more races	176	1.3%
Hispanic or Latino (any race)	2,773	20.6%

Educational attainment (age 25+)

No high school diploma11.0%

High school graduate30.7%

Some college or associate's28.2%

Bachelor's degree21.8%

Graduate or professional degree8.4%

	Count	Share
No high school diploma	1,131	11.0%
High school graduate	3,146	30.7%
Some college or associate's	2,890	28.2%
Bachelor's degree	2,232	21.8%
Graduate or professional degree	863	8.4%

Commute to work

Mean travel time to work: 24 min

Drove alone70.5%

Carpooled13.4%

Public transit0.2%

Walked2.9%

Bicycle0.0%

Worked from home12.7%

Other means0.2%

How workers get to work

	Count	Share
Drove alone	4,212	70.5%
Carpooled	802	13.4%
Public transit	14	0.2%
Walked	171	2.9%
Bicycle	2	0.0%
Worked from home	761	12.7%
Other means	12	0.2%

Travel time

	Count	Share
Under 15 min	1,462	28.0%
15 to 29 min	1,787	34.3%
30 to 44 min	1,224	23.5%
45 to 59 min	425	8.2%
60+ min	315	6.0%

Households

Average household size: 2.49
Poverty rate: 14.1% (1,886 of 13,329)

	Count	Share
Family households	3,497	65.8%
Nonfamily households	1,819	34.2%

Housing

Median year structure built: 1980

Occupancy

	Count	Share
Occupied	5,316	73.6%
Vacant	1,906	26.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	3,612	67.9%
Renter-occupied	1,704	32.1%

1-unit, detached37.0%

1-unit, attached5.6%

2 to 4 units3.1%

5 to 19 units5.5%

20 or more units18.7%

Mobile home & other30.0%

Units in structure

	Count	Share
1-unit, detached	2,674	37.0%
1-unit, attached	407	5.6%
2 to 4 units	227	3.1%
5 to 19 units	395	5.5%
20 or more units	1,353	18.7%
Mobile home & other	2,166	30.0%

Geography

Place GEOID: 1254250
Type (LSAD): 25
Land area: 5.37 sq mi
Water area: 0.48 sq mi
Center point: 27.5251, -82.5750