City

Palmetto, FL

2 ZIP codes  ·  Manatee County  ·  Florida

👥54,923Population
💰$74,314Median HH Income≈ Avg
🎂46.6Median Age
🏠$298,200Median Home Value≈ Avg
🎓39.7%College Grads≈ Avg
📊4.8%Unemployment≈ Avg
People & Population (ACS 2023 — weighted avg)
♂ Male 49.6% Female 50.4% ♀

Race & Ethnicity

White: 59.1%Hispanic: 22.1%Black: 14.2%Asian: 0.9%Other: 3%Race
White59.1%
Hispanic22.1%
Black14.2%
Asian0.9%
Other3.0%

Age Breakdown

Under 5
4%
5–17
14%
18–24
7%
25–44
23%
45–64
27%
65+
10%

Key Indicators

Median Age46.6 yrs
Avg HH Size2.63
Below Poverty11.3% ▲ 13% above avg
College Grads39.7% ≈ Avg
Unemployment4.8% ≈ Avg
No HS Diploma354 (0.9%)
HS Graduate12,444 (32.3%)
Some College5,308 (13.8%)
Associates5,147 (13.4%)
Bachelors4,161 (10.8%)
Graduate Degree11,137 (28.9%)

Education

No HS: 0.9%HS Grad: 32.3%Some College: 13.8%Associates: 13.4%Bachelors: 10.8%Graduate: 28.9%Edu
No HS0.9%
HS Grad32.3%
Some College13.8%
Associates13.4%
Bachelors10.8%
Graduate28.9%
Housing & Income

Housing Tenure

Owner: 80.5%Renter: 19.5%Tenure
Owner80.5%
Renter19.5%

Home Value Distribution

Under $50k
10%
$50k–$100k
10%
$100k–$150k
8%
$150k–$200k
5%
$200k–$300k
19%
$300k–$500k
33%
Over $500k
16%

Financials

Median HH Income$74,314 ≈ Avg
Median Home Value$298,200 ≈ Avg
Home/Income Ratio4.0x (nat avg ~3.5x)
Median Rent$1,459/mo
Total Housing Units24,812
Vacant Units4,393

Income Distribution

Under $25k
14%
$25k–$50k
16%
$50k–$75k
18%
$75k–$100k
15%
$100k–$150k
19%
$150k–$200k
9%
Over $200k
9%
Employment & Commute

How People Get to Work

Drove Alone
84%
Public Transit
0%
Walked
1%
Work From Home
15%

Commute Time

Under 15 min
19%
15–30 min
31%
30–45 min
30%
Over 45 min
20%
Housing Stock

Year Built

Before 1940
0%
1940s–1950s
6%
1960s–1970s
14%
1980s–1990s
16%
2000+
63%
About Palmetto, FL

Palmetto is a city in Florida, located in Manatee County. The city spans 2 ZIP codes and is home to approximately 54,923 residents. It is a mature city, with a median age of 46.6 years.

Economically, Palmetto is a solidly middle-class community. The median household income of $74,314 is near the national average. Approximately 11.3% of residents live below the poverty line. The unemployment rate is 4.8%, near the national average.

The real estate market in Palmetto is a mid-range housing market. Median home values stand at $298,200, which is near the national average. Renters typically pay around $1,459 per month. Homeownership is high at 80.5%, typical of suburban and family-oriented communities.

The population of Palmetto is moderately educated. 39.7% of adults hold a bachelor's degree or higher — near the national average. The community is majority White (59.05%).

Palmetto, FL offers residents a cost-conscious lifestyle within Florida. Spread across 2 ZIP codes, the city's neighborhoods vary in character, density, and demographics — explore each ZIP code below for a detailed breakdown.

ZIP Codes in Palmetto
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
34221 54,923 $74,314 $298,200 $1,459 4.8% 39.7% 80.5%

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