The Village of Palmetto Bay is an incorporated place (Class Code P1) located in Miami-Dade County at latitude 25.6217 and longitude -80.3189. Miami-Dade County is in the Eastern time zone (GMT -5). The elevation is 10 feet.
The formal official name is the Village of Palmetto Bay, but most people and references simply refer to it as Palmetto Bay, Florida.
The P1 Census Class Code for Palmetto Bay indicates a populated place that is also an incorporated place with the same name and the same census code. The Incorporated Place has a Functional Status Code "A" which identifies an active government providing primary general-purpose functions.
The formal boundaries for the Village of Palmetto Bay (see map below) encompass a land area of 8.29 sq. miles and a water area of 0.16 sq. miles.
|Population in Households||23,812|
|Population in Familes||21,580|
|Population in Group Qrtrs||17|
|Average Household Size||2.97|
|Average Family Size||3|
|Total Housing Units||8,482 (100%)|
|Owner Occupied HU||6,531 (77.0%)|
|Renter Occupied HU||1,485 (17.5%)|
|Vacant Housing Units||466 ( 5.5%)|
|Median Home Value||$448,357|
|Average Home Value||$482,398|
|Median Household Income||$107,912|
|Average Household Income||$142,158|
|Per Capita Income||$47,846|
|(Compound Annual Growth Rates)|
|Median Household Income||1.53%|
|Per Capita Income||2.14%|
The table below compares Palmetto Bay to the other 920 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2014 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 149||84th|
|Population Density1||# 251||73rd|
|Diversity Index2||# 222||76th|
|Median Household Income||# 24||98th|
|Per Capita Income||# 60||94th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Florida Census Data Comparison Tool.