Palmetto Estates CDP
Florida
Palmetto Estates offers a compelling blend of suburban tranquility and convenient access to the vibrant Miami area. With a population of over 16,700 residents, it's a tight-knit community where the median home value hovers around $353,100, a figure that provides appealing affordability compared to the national average. This relative affordability, combined with a median household income of approximately $79,000, suggests a comfortable lifestyle within reach for many families and professionals. The area exudes a relaxed, residential vibe, perfect for those seeking a break from the hustle and bustle of city life while still remaining connected to its amenities.
From an investment perspective, Palmetto Estates presents a stable real estate market. The area is particularly well-suited for families and individuals seeking a safe, friendly environment with a strong sense of community. The robust household income levels indicate a healthy local economy, and the presence of established neighborhoods suggests a certain stability in property values. While specific employment data is not available, the proximity to Miami's diverse job market offers ample opportunities. Overall, Palmetto Estates provides a solid foundation for homeownership and a quality lifestyle.
Palmetto Estates CDP, Florida at a Glance
Palmetto Estates CDP is a neighborhood in Florida with a population of approximately 16,776. The median home value is $353,100 and the median household income is $79,096.. The violent crime rate is 4.0 per 1,000 residents, compared to the national average of 3.6. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $776 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$353,100
Median Income
$79,096
Population
16,776
Walk Score
N/A
Air Quality
AQI 38
Good
Climate Risk
Relatively Moderate
Good
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- Population
- 16,776
- Median Age
- N/A
- Median Household Income
- $79,096
6% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 8.5%
31% below nat'l avg
- Median Home Value
- $353,100
25% above nat'l avg
- Median Rent
- $776
33% below nat'l avg
- Homeownership Rate
- 80.0%
21% above nat'l avg
- Affordability Index
- 214
114% above nat'l avg
- Violent Crime Rate
- 4.0 per 1K
11% above nat'l avg
- Property Crime Rate
- 23.6 per 1K
24% above nat'l avg
- AQI
- 38
10% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 66.56
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 14.1¢/kWh
15% below nat'l avg
- Est. Monthly Electric
- $127
7% below nat'l avg
- Unemployment Rate
- 3.8%
3% above nat'l avg
- Poverty Rate
- 8.5%
31% below nat'l avg
Weather & Climate in Palmetto Estates CDP
Avg High
83°F
Avg Low
65°F
Annual Rainfall
56.4"
Avg Humidity
77%
Political Landscape
↗ Trending more Republican
Based on Polk County county-level presidential election data
Culture & Things to Do in Palmetto Estates CDP
Miami-Dade County Fair & Exposition
Annual fair with rides, food, and exhibits.
Art Deco Weekend
Celebration of Art Deco architecture and design in South Beach.
Calle Ocho Festival
Largest Hispanic festival in the US, held in Little Havana.
South Beach Wine & Food Festival
A popular food and wine festival held annually.