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Economy & jobs
Statistics · City
estimate
Income per person in Palmetto Bay
2013 – 2024 · 12 data points
64 of 391 · Towns of Florida
Updated Nov 8, 2026
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
$70,313
−0.4%
since 2023 ± $6,672 · margin of error
Towns of Florida · 2024
64 of 391
Place 1 is the highest value.
since 2014
+66%
+5.4% a year on average
vs Miami-Dade County
+78%
Miami-Dade County: $39,469 · 2024
Income per person, 2013 – 2024 US Dollar · Palmetto Bay · Miami-Dade County · Florida · United States
+66% since 2014
$20,000
$40,000
$60,000
$80,000
2013
2016
2018
2020
2024
Palmetto Bay
Miami-Dade County
Florida
United States
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Compared with Income per person · US Dollar
Source: U.S. Census Bureau, American Community Survey 5-year estimates
The series at a glance Palmetto Bay · 2013 – 2024
Latest value
$70,313 · 2024
First value
$39,271 · 2013
Highest
$71,494 · 2022
Lowest
$39,271 · 2013
Average change
+5.4% a year on average
Data points
12
By year
All years · 2013 – 2024
| Year | Palmetto Bay | ± | Change | Miami-Dade County | Florida | United States |
|---|---|---|---|---|---|---|
| 2024estimate | $70,313 | $6,672 | −0.4% | $39,469 | $42,609 | $44,673 |
| 2023estimate | $70,583 | $6,680 | −1.3% | $37,858 | $41,055 | $43,289 |
| 2022estimate | $71,494 | $6,713 | +19% | $35,563 | $38,850 | $41,261 |
| 2021estimate | $60,121 | $6,186 | +12% | $31,813 | $35,216 | $37,638 |
| 2020estimate | $53,746 | $5,179 | +1.6% | $29,598 | $32,848 | — |
| 2019estimate | $52,910 | $3,956 | +2.8% | $28,224 | $31,619 | — |
| 2018estimate | $51,453 | $4,552 | +12% | $26,838 | $30,197 | — |
| 2017estimate | $45,772 | $3,688 | +2.0% | $25,481 | $28,774 | — |
| 2016estimate | $44,896 | $3,433 | +2.8% | $24,515 | $27,598 | — |
| 2015estimate | $43,684 | $3,419 | +3.1% | $23,850 | $26,829 | — |
| 2014estimate | $42,363 | $4,538 | +7.9% | $23,433 | $26,499 | — |
| 2013estimate | $39,271 | $2,364 | $23,174 | $26,236 | — |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Ranking · Towns of Florida
2017 · Place 1 is the highest value.
| # | Territory | Income per person | |
|---|---|---|---|
| 1 | Goodland | $249K | |
| 2 | Jupiter Island | $222K | |
| 3 | Palm Beach | $156K | |
| 4 | Indian River Shores | $121K | |
| 5 | Longboat Key | $106K | |
| 6 | Highland Beach | $99,682 | |
| 7 | Sea Ranch Lakes | $96,375 | |
| 8 | Ocean Ridge | $95,565 | |
| 9 | Naples | $90,950 | |
| 10 | South Beach | $90,904 | |
| 11 | Golden Beach | $82,369 | |
| 12 | Sanibel | $81,296 | |
| 13 | Key Biscayne | $79,983 | |
| 14 | Sawgrass | $74,984 | |
| 15 | Siesta Key | $73,512 | |
| 16 | Pinecrest | $72,069 | |
| 17 | Hillsboro Beach | $71,800 | |
| 18 | Sewall's Point | $69,083 | |
| 19 | Belleair | $68,773 | |
| 20 | Indian Shores | $68,229 | |
| 21 | Juno Beach | $68,161 | |
| 22 | Navarre Beach | $66,583 | |
| 23 | St George Island | $65,983 | |
| 24 | Lauderdale-By-The-Sea | $65,691 | |
| 25 | Tierra Verde | $64,048 | |
| … | |||
| 66 | Hypoluxo | $46,406 | |
| 67 | Ponce Inlet | $46,262 | |
| 68 | South Palm Beach | $46,215 | |
| 69 | Palmetto Bay | $45,772 | |
| 70 | Neptune Beach | $45,669 | |
| 71 | Palm City | $45,110 | |
| 72 | Hutchinson Island South | $44,744 | |
| … |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2017
What it means
Average income per resident.
How it is calculated
Total money income of residents divided by the population, from the survey.
Economy & jobs
Statistics: Palmetto Bay
GDP per person
$73,879
2024 · Florida
GDP per person (PPP)
$73,879
2024 · Florida
Gross domestic product
$261B
2024 · Miami-Dade County
Economic growth
3.4%
2024 · Miami-Dade County
Inflation
2.9%
2024 · United States
Unemployment rate
2.6%
2025
Unemployment rate, latest month
2.8%
Aug 2026
Youth unemployment
9.3%
2025 · United States
Employment rate
68.2%
2024 · Florida
Labour force participation
66.9%
2024
Labour force
12,920
2025
Household income per person
$64,167
2024 · Florida