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Palmetto Bay, FL 33158 has a population of approximately 6,501 and experiences a population change rate of 0.68%. The population density is 2,328.4 / sq mi .
The median household income for Palmetto Bay, FL 33158 is $163,565, with 2,017 households and an average household size of 3.15.
The median value of a home in Palmetto Bay, FL 33158 is $1,084,900 with an appreciation rate of 25.10%. 84.51% of housing in the state is owned while 4.50% is rented.
The cost of living in Palmetto Bay, FL 33158 is 187.8 %.
The unemployment rate in Palmetto Bay, FL 33158 is 1.80%, and recent job growth is at 2.04%. Future job growth is projected at 59.10%.
The sales tax rate in Palmetto Bay, FL 33158 is 7.00%, while the income tax rate is 0.00% .
School expenditures in Palmetto Bay, FL 33158 are $11,839, and the school ratio is 18.9:1.
The average high temperature in July is 89 degrees, with an average low temperature in January of 57.4 degrees. The average rainfall is approximately 57.9 inches per year, with 0 inches of snow per year.