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Economy & jobs Statistics · City estimate

Median household income in Palmetto Bay

2013 – 2024 · 12 data points 21 of 386 · Towns of Florida Updated Nov 8, 2026
Economy & jobs · Palmetto Bay Miami-Dade County Florida United States

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024

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Overview 7 figures People 21 figures Economy 20 figures Housing 8 figures Education 10 figures Tourism 3 figures Climate 8 figures
Latest value · 2024 $142,447 −0.6% since 2023 ± $9,768 · margin of error
Towns of Florida · 2024 21 of 386 Place 1 is the highest value.
since 2014 +31% +2.8% a year on average
vs Miami-Dade County +99% Miami-Dade County: $71,753 · 2024
Median household income, 2013 – 2024 US Dollar · Palmetto Bay · Miami-Dade County · Florida · United States
+31% since 2014
Palmetto Bay Miami-Dade County Florida United States

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024

Compared with Median household income · US Dollar
Palmetto Bay
$142K
Miami-Dade County
$71,753
Florida
$74,568
United States
$80,734

Source: U.S. Census Bureau, American Community Survey 5-year estimates

The series at a glance Palmetto Bay · 2013 – 2024
Latest value $142,447 · 2024
First value $105,122 · 2013
Highest $144,987 · 2022
Lowest $105,122 · 2013
Average change +2.8% a year on average
Data points 12

By year

All years · 2013 – 2024

YearPalmetto Bay±Change Miami-Dade CountyFloridaUnited States
2024estimate $142,447 $9,768 −0.6% $71,753 $74,568 $80,734
2023estimate $143,368 $13,600 −1.1% $68,694 $71,711 $78,538
2022estimate $144,987 $11,070 +10% $64,215 $67,917 $75,149
2021estimate $131,605 $11,107 +6.8% $57,815 $61,777 $69,021
2020estimate $123,235 $10,168 −0.2% $53,975 $57,703 —
2019estimate $123,477 $5,705 +6.7% $51,347 $55,660 —
2018estimate $115,709 $8,542 +7.5% $48,982 $53,267 —
2017estimate $107,612 $7,645 +2.2% $46,338 $50,883 —
2016estimate $105,316 $7,559 −0.9% $44,224 $48,900 —
2015estimate $106,324 $6,838 −1.9% $43,129 $47,507 —
2014estimate $108,360 $6,478 +3.1% $43,099 $47,212 —
2013estimate $105,122 $7,147 $43,100 $46,956 —

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024

Ranking · Towns of Florida

2022 · Place 1 is the highest value.

Year: 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Highest first Lowest first A–Z
#TerritoryMedian household income
387 Century $25,500
386 Goulding $25,799
385 Steinhatchee $28,750
384 Opa-locka $30,101
383 Brownsville $34,779
382 University $34,833
381 Dover $36,055
380 Panacea $36,250
379 Pahokee $36,289
378 Chiefland $38,536
377 Medley $38,583
376 Nokomis $40,375
375 Holiday $40,852
374 Holly Hill $40,908
373 Hernando $41,019
372 Pinewood $41,283
371 Carrabelle $41,563
370 Lauderdale Lakes $41,644
369 Pembroke Park $41,875
368 Jay $41,875
367 Brooksville $42,047
366 Beverly Hills $42,165
365 New Port Richey $42,254
364 Inverness $42,282
363 Belle Glade $42,314
…
14 Highland Beach $140K
13 Longboat Key $141K
12 Tierra Verde $144K
11 Palmetto Bay $145K
10 Indian River Shores $153K
9 Southwest Ranches $166K
8 Key Biscayne $173K
…

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2022

What it means

The income in the middle: half the households earn more, half earn less.

How it is calculated

Median of total annual household income from the survey, in dollars of the survey's last year.