Palmetto Bay, FL Profile: Facts, Map & Data


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Palmetto Bay, Florida - Basic Facts

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.

Village of Palmetto Bay, FL Boundary Map


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Palmetto Bay, FL Data & Demographics (As of July 1, 2014)


Total Population 23,829
Population in Households 23,812
Population in Familes 21,580
Population in Group Qrtrs 17
Population Density1 2,874
Diversity Index2 63


Total Households 8,016
Average Household Size 2.97
Family Households 6,597
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)


2010-2014 2014-2019
Population 0.42% 0.83%
Households 0.27% 0.82%
Families 0.22% 0.8%
Median Household Income   1.53%
Per Capita Income   2.14%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.


Palmetto Bay, FL - Peer Comparisons by Rank and Percentile

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.

Variable Description Rank Percentile
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.