What it's like to live in Palmetto

Palmetto is a small city in Florida with air quality that stays clean most of the year. Those factors carry real weight for anyone weighing where to move next.

The tradeoffs are worth naming plainly. Palmetto deals with household incomes below the national average, crime rates above the national average, larger class sizes than the national average, and a rent burden that leaves many renters stretched thin.

The good

  • Clean air

The not so good

  • Below-average household incomes
  • Crime above national average
  • High student-teacher ratio
  • High rent burden for renters
  • Hot summers
  • Above-average rainfall

How Palmetto compares

Median household income

Palmetto$62,621
Florida avg$74,568
US$80,734

Median rent (per month)

Palmetto$1,366
Florida avg$1,669
US$1,413

Median home value

Palmetto$313,400
Florida avg$359,000
US$332,700

What it takes to move to Palmetto

Based on Palmetto's median rent, home value and household income

To rent

$2,732

up front: first month plus a typical one-month deposit

  • Income to keep rent under 30%: $54,640 a year
  • 56% of Palmetto renters spend 30% or more of their income on rent

To buy

$62,680

a 20% down payment on the median home

  • With 10% down: $31,340
  • Homes cost 5.0× the typical local household income (US: 4.1×)

Moving costs, closing costs and taxes not included.

The details

Cost of livingNear US average

$1,366/mo median rent

Rent is pretty middle of the road, at $1,366 a month median. Not a bargain, not a budget-buster. About typical for a city this size. Home prices are reasonable, with a median around $313,400. Not a steal, but not intimidating either.

Median home value $313,400 · 56% of renters cost-burdened

Job market

4.2% county unemployment

Unemployment in Manatee County is 4.2%, close to the national average of 4.3%. That's the county-wide rate; BLS doesn't measure a place this size on its own.

Manatee County (county-wide)

Safety▲ 67% above US

608 violent crimes per 100k

Crime is worth weighing seriously here. Rates run above the national average, and while plenty of residents live comfortably, neighborhood selection matters a lot more than it does in a safer city.

Property crime 1786/100k · Palmetto Police Department · 2024 data

Getting aroundNear US average

26 min average commute

Commutes run about average, at 25.5 minutes. Fine day to day, but it adds up over a year, and where someone lives relative to where they work starts to matter. 9 in 10 workers drive to work; 11% work from home.

How workers get to work

Drive alone
72%
Carpool
13%
Work from home
11%
Walk
2.9%
Public transit
0.4%
Other
0.3%

Climate

Summers are hot and humid, with highs regularly hitting 92°F, and winters are mild, with lows rarely dropping below 54°F. It's a wet climate overall.

Average month

High °FLow °FPrecip (in)
40°50°60°70°80°90°100°10.5"Jan: 2.76" precipitationFeb: 1.99" precipitationMar: 3.11" precipitationApr: 2.53" precipitationMay: 3.49" precipitationJun: 9.03" precipitationJul: 8.91" precipitationAug: 10.07" precipitationSep: 7.43" precipitationOct: 2.88" precipitationNov: 1.82" precipitationDec: 2.26" precipitation52°JJan: high 72°F, low 52°FFFeb: high 75°F, low 55°FMMar: high 78°F, low 58°FAApr: high 83°F, low 63°FMMay: high 88°F, low 69°FJJun: high 91°F, low 74°F92°JJul: high 92°F, low 75°FAAug: high 92°F, low 76°FSSep: high 90°F, low 74°FOOct: high 85°F, low 68°FNNov: high 79°F, low 60°FDDec: high 74°F, low 55°F

30-year averages, 1991–2020

Education & workforce▼ 22% below US

28% bachelor's degree or higher

College degree attainment runs below average at 28%. That tends to reflect a more trade and working-class economy, which can be great or limiting depending on the industry.

Schools

10 public schools inside the boundary

There are 10 public schools inside the boundary. The student-to-teacher ratio is 19:1, slightly above the national average of 16:1.

Parks & recreation

The nearest national park or historic site is De Soto National Memorial (4 miles away).

Bottom line

Palmetto's strongest point is air quality that stays clean most of the year; the main tradeoffs are household incomes below the national average and crime rates above the national average. A year of median rent ($1,366/mo) equals 26% of the median household income here, more than the 21% typical nationwide. It may be a harder fit for anyone who doesn't drive.

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