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Palmetto Estates, FL People Search

The map shows ZIP codes within Palmetto Estates

Population

16,175
Population
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Palmetto Estates has a population of 16,175 people, according to the Census data for 2016.
Compared to 2010, this number has increased by 2,640 people (19.5%), so we can confidently say that the dynamics of the population growth are positive. If you compare the rate of population growth with the nearest cities, such as Pinecrest or Opa-locka, you will find that these cities have a population growth of 951 and a growth of 920 people, respectively (5.2% and 6% correspondingly)

Race and Ethnicity

Median Household Income

$51,588
Median Household Income
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The Palmetto Estates median household income is $51,588 (according to the US Census Bureau records for 2016).
A household income is one of the easiest to understand statistical indicators that is used to evaluate the economy of the city. Simply put, it is calculated by summarizing incomes of all adult members of the household. In comparison with the data for year 2010, this figure has decreased by $10239 (16.6%). Compared with the neighboring cities, the median household income in Palmetto Estates is lower than in El Portal($52,216), but greater than in Fort Lauderdale($50,778). The median household income in Floridais $47,507 (7.9% lower than in Palmetto Estates)

Median Property Value

$157,300
Median Property Value
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The median property value in Palmetto Estates is $157,300 (based on US Census Bureau data for 2016)
. This means that half of the houses in the city are more expensive than this figure, and half of other houses are less. In 2010, the property value was estimated at $169,300 (making a decrease of $12,000 or 7.1% in 6 years). Here is what the housing market looks like in nearby cities: median property price in Dania Beachis $160,100, in Pompano Beach— $156,200. Median property value in Florida is $159,000

Poverty Rate

11.8%
Poverty Rate
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A poverty rate is one of the key economic indicators.
It shows the proportion of the population whose income is less than the poverty line in the area. The lower the number is, the more prosperous the life of society is. The current poverty rate in Palmetto Estates is 11.8%. In the neighboring cities, this figure is as follows: in Doral, 12.0% of the population live below the poverty line, in North Bay Village— 11.5%. The poverty rate in Floridais 12.04%. Based on such indicators as the poverty rate, we assume that life in Palmetto Estates is slightly better than the average for the state.

Median Gross Rent

$1,366
Median Gross Rent
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The median gross rent in Palmetto Estates is $1,366 a month (as of 2016).
In 2010, this figure was lower — $1,361/mo (-0.4%). Please note, gross rent may include not only the rent payments, but also utility bills and some other building costs. The median gross rent in the state of Floridais lower at $1,002 per month (again, data for 2016). The following median gross rent was registered in the neighboring cities: renters in The Hammockspay $1,367/mo, in Princeton— $1,363/mo.

Rent Burden

43.7%
Rent Burden
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The rent burden in Palmetto Estates is 43.7% (2016).
Rent burden shows what proportion of the household income is spent on rental housing. This data is useful in estimating the housing affordability in the city. Rent burden in Palmetto Estates is higher than in the state of Florida, where the rent burden is 34.4%. In neighboring cities, the situation is as follows: rent burden is 44.2% in Miami Gardens, and in West Miami— 43.6%.

Share of Renter-Occupied Housing

23.5%
Share of Renter-Occupied Housing
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23.5% of housing units in Palmetto Estates are occupied by renters (2016).
A housing unit means a house, an apartment, a mobile home, a room or any other structure that is used for habitation. In 2010, the share of renter-occupied housing units was lower — 19.7%. It seems that now more people live in rented houses in Palmetto Estates than before. Neighboring cities have the following shares of renter-occupied housing units: Tamiami(23.6%), Pinecrest(22.6%).

Renter Occupied Households

971
Renter Occupied Households
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There are 971 renter occupied households in Palmetto Estates (2016).
This is just a rough estimation based on Census and ESRI demographic data. Since 2015, the number of such type of households has increased by 3% (971 households in 2016 vs. 941 in 2015). Nearby cities have the following renter-occupied housing unit numbers: there are 1,090 households in Islamorada, 932 units in West Miami.

Evictions

18
Evictions
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There were 18 evictions reported in Palmetto Estates in 2016.
Here are how many evictions were made in nearby cities in 2016 : 19 evictions from housing were made in Key Largo, 17 in Cooper City. Reasons for evictions can be different-code violations, violations of the terms of the lease, etc. But often the main reason is the failure to pay the rent on time. That is why a large number of evictions (especially when there is a tendency to increase this number) may indicate a deterioration of the economy.

Eviction Filings

36.00
Eviction Filings
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The total number of eviction cases that were registered in the Palmetto Estates in 2016 is 36.00.
Please note that some addresses may have multiple eviction cases during the year. Compared to the neighboring cities, Palmetto Estates has less eviction cases than West Miami(41.26 filings in 2016), more eviction cases than Parkland(34.95 filings).

Current Time in Palmetto Estates

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Quick Facts

Palmetto Estates is a city in the state of Florida. 13,675 people live in Palmetto Estates. Palmetto Estates covers an area of 2.1 sq mi (5.6 km2). Palmetto Estates has a land area of 2.1 sq mi (5.5 km2). Palmetto Estates has a water area of 0 sq mi (0.1 km2). Palmetto Estates has a density of 6,511.9/sq mi (2,442/km2). Palmetto Estates is 10 ft (3 m) above the sea level. Palmetto Estates is in the UTC-5 (Eastern (EST)) time zone. UTC-4 (EDT) is the summer time in Palmetto Estates. The FIPS code is 12-54300. 1867184 is the GNIS ID

Top Names

The most popular names in Palmetto Estates

Christopher Whalen — 1 person
Walter Crygier — 1 person
Carmelo Suarez — 1 person
Patrici Whalen — 1 person
Chien Oursler — 1 person
Epifanio Suarez — 1 person
Teresa Wene — 1 person
Cecil James — 1 person
Carlos Guerrer — 1 person
Patricia Whalen — 1 person
Jorge Escobar — 1 person
Sarah Suarez — 1 person
Mary Escobar — 1 person
Angela Bostick — 1 person
Hiram Suarez — 1 person
Joel Suarez — 1 person
Rivera Suarez — 1 person
Richard Oursler — 1 person
Gudrun Oursler — 1 person
Daniel Suarez — 1 person
Danny Weiner — 1 person
Dennis Whalen — 1 person
Jeffrey Weiner — 1 person

Age Distribution

NAN%
NAN%

Palmetto Estates ZIP code

Palmetto Estates has the following ZIP codes:

Last updated on April 06, 2020 at 5:00 AM (PST)

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