Palmetto Bay, Florida Senior Housing, Adult Care, and Estate Planning Resources

About Palmetto Bay, Florida

Palmetto Bay, a city located in the state of Florida (FL), is home to a population of approximately 24,267 people. Palmetto Bay boasts a median age of 41.6, with around 21.5% of its residents aged 60 or above. 4.1% of the population identifies as US Veterans. 8% of Palmetto Bay residents are disabled. The city has an average household income of $144,987, while the unemployment rate stands at 3.6%, and around 5.2% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Palmetto Bay is $717,605, with a monthly rent averaging $1,728.