Palmetto, Florida Population 2024

13,899

Palmetto is a city located in Manatee County Florida. Palmetto has a 2024 population of 13,899. Palmetto is currently growing at a rate of 1.04% annually and its population has increased by 4.28% since the most recent census, which recorded a population of 13,329 in 2020.

The average household income in Palmetto is $87,136 with a poverty rate of 17.21%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Palmetto is 50 years, 45.3 years for males, and 54.8 years for females.

Palmetto Demographics

According to the most recent ACS, the racial composition of Palmetto was:

  • White: 73.8%
  • Black or African American: 15.34%
  • Other race: 5.41%
  • Two or more races: 3.41%
  • Asian: 1.86%
  • Native American: 0.17%
  • Native Hawaiian or Pacific Islander: 0%
State
Florida
Land Area (mi²)
5.4 sq mi
Density (mi²)
2,590.10/sq mi
Growth Since 2020
4.28% (570)
The current population of Palmetto, Florida is 13,899 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 13,329.

Palmetto, Florida Population 2024

Population by Race

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Race
Population
Percentage (of total)
White9,87873.8%
Black or African American2,05315.34%
Other race7245.41%
Two or more races4573.41%
Asian2491.86%
Native American230.17%
Native Hawaiian or Pacific Islander00%

White

Black or African American

Other race

Two or more races

Asian

Native American

Native Hawaiian or Pacific Islander

Palmetto Population by Race

Palmetto Population Pyramid 2024

Palmetto Median Age

50

Total

45.3

Male

54.8

Female

Palmetto Adults

There are 10,782 adults, (3,753 of whom are seniors) in Palmetto.

Palmetto Age Dependency

90.4

Age Dependency Ratio

53.4

Old Age Dependency Ratio

37

Child Dependency Ratio

Palmetto Sex Ratio

Female6,91651.67%
Male6,46848.33%

Palmetto Population by Age

Palmetto Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All4,9572.6664.635.4
Married2,4203.0480.719.3
Non Family1,6311.2356.643.4
Female6844.0836.163.9
Male2224.535.664.4

3.21

Average Family Size

2.66

Average Household Size

64.6%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Palmetto Households and Families

Male

Female

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Education Attained
Count
Percentage
Less Than 9th Grade5675.71%
9th to 12th Grade8778.84%
High School Graduate3,18332.07%
Some College1,78818.01%
Associates Degree8028.08%
Bachelors Degree1,81318.27%
Graduate Degree8969.03%

Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Palmetto Educational Attainment by Sex (over 25)

Palmetto Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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Race
Total
High School
Bachelors
White6,6836,1292,158
Hispanic1,7471,080322
Black1,3091,178173
Other Race436310168
2+ Races31723877
Asian1928315
Native American14140

The highest rate of high school graduation is among native american people with a rate of 100%.

The highest rate of bachelors degrees is among other race people with a rate of 38.53%.

Palmetto Educational Attainment by Race

All

Male

Female

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Name
Average
Male
Female
Overall$35,810$38,625$30,438
Less Than 9th Grade$28,515$29,994$21,032
High School Graduate$28,707$28,871$28,300
Some College$37,273$34,844$37,778
Bachelors Degree$57,591$63,056$38,068
Graduate Degree$75,774$106,250$65,521

$35,810

Average Earnings

$38,625

Average Male

$30,438

Average Female

Palmetto Earnings by Educational Attainment

Palmetto Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Palmetto Language

82.6% of Palmetto residents speak only English, while 17.4% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 13.87% of the population.

Palmetto Language

Palmetto Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
Black2,0381,06752.36%
Hispanic2,87765122.63%
White8,0345566.92%
Multiple44319343.57%
Asian24952.01%
Other72430.41%

17.21%

Overall Poverty Rate

15.22%

Male Poverty Rate

19.1%

Female Poverty Rate

Poverty in Palmetto

The race most likely to be in poverty in Palmetto is Black, with 52.36% below the poverty level.

The race least likely to be in poverty in Palmetto is Other, with 0.41% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 3.97%. Among those working part-time, it was 16.44%, and for those that did not work, the poverty rate was 22.01%.

Palmetto Poverty

rate

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Rate
Poverty
High School30.08%
Less Than 9th Grade12.68%
Some College9.82%
Bachelors or Greater2.07%

Palmetto Poverty Rate by Education

rate

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Rate
Poverty
Female Unemployed80%
Male Unemployed30.86%
Female Employed8.63%
Male Employed5.05%

Palmetto Poverty Rate by Employment Status and Sex

Palmetto Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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Name
Median
Mean
Households$55,584$87,136
Families$70,814$102,518
Married Families$93,269$-999,999,999
Non Families$33,845$50,939

mean

median

Income by Household Type

Palmetto Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

48.4%

Overall Marriage Rate

49.4%

Male Marriage Rate

47.4%

Female Marriage Rate

Palmetto Married by Age and Sex

male

female

Palmetto Marriage

The age group where males are most likely to be married is Over 65, while the female age group most likely to be married is 55-64.

Palmetto Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Palmetto Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

1,050

Number of Veterans

890

Male Veterans

160

Female Veterans

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War
Veterans
Vietnam494
First Gulf War132
Korea106
Second Gulf War64
World War II15

Palmetto Veterans by War

count

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Age Group
Veterans
75+579
65 to 74232
35 to 54125
55 to 64114
18 to 340

Palmetto Veterans by Age

count

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Name
Veterans
% of Total
White88110.53%
Black1037.51%
Hispanic542.79%
Asian3517.77%
2+ Races175.14%
Other Race142.79%

Palmetto Veterans by Race

Palmetto Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

7.81%

Veteran Poverty Rate

35.33%

Veteran Disability Rate

Palmetto Veterans by Education

LaborForceParticipation

53.4%

Labor Force Participation

49.8%

Employment Rate

6.7%

Unemployment Rate

Palmetto Employment by Age

LaborForceParticipation

Palmetto Employment by Race

LaborForceParticipation

Palmetto Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

44.3%

Born in Palmetto

88.16%

Native Born

11.84%

Foreign Born

7.94%

Non Citizen

3.89%

Naturalized

Place of Birth

88.16% of Palmetto residents were born in the United States, with 44.3% having been born in Florida. 7.94% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

Palmetto Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
202914,6111420.98%
202814,4691431%
202714,3261421%
202614,1841431.02%
202514,0411421.02%
202413,8991431.04%
202313,7561421.04%
202213,6141230.91%
202113,4911621.22%
202013,329-391-2.85%
201913,720180.13%
201813,702480.35%
201713,654690.51%
201613,5852261.69%
201513,3592001.52%
201413,159880.67%
201313,0711821.41%
201212,8891321.03%
201112,757830.65%
201012,6741030.82%
200012,5713,30335.64%
19909,2686317.31%
19808,6371,21516.37%
19707,4221,86633.59%
19605,5561,45335.41%
19504,10361217.53%
19403,49144814.72%
19303,04300%
showing: 28 rows

Palmetto Population by Year