5.2% of Palmetto Bay, FL residents had an income below the poverty level in 2022, which was 143.1% less than the poverty level of 12.7% across the entire state of Florida. 4.1% of high school graduates and 17.1% of non high school graduates live in poverty. The poverty rate was 8.7% among disabled residents. The renting rate among poor residents was 42.8%. For comparison, it was 15.7% among residents with income above the poverty level.
Poverty rates in Palmetto Bay, FL
Residents with income below the poverty level in 2022:
Palmetto Bay:
5.2%
Whole state:
12.7%
Residents with income below 50% of the poverty level in 2022:
Palmetto Bay:
2.3%
Whole state:
6.1%
Poverty rate among disabled residents:
Palmetto Bay:
8.7%
Florida:
18.7%
Disability rate in this village among poor residents (it is 7.7% among residents who are not classified as poor):
Palmetto Bay:
13.3%
Florida:
20.3%
Renting rate in this village among poor and not poor residents:
Residents below poverty level:
42.8%
Residents above poverty level:
15.7%
Poverty by age in Palmetto Bay, FL
Breakdown by age of poor male residents in Palmetto Bay,FL (percentage below poverty level)
7.5%Under 5 years
0.0%5 years
5.7%6 to 11 years
7.2%12 to 14 years
0.0%15 years
3.0%16 and 17 years
11.6%18 to 24 years
5.8%25 to 34 years
5.7%35 to 44 years
2.9%45 to 54 years
2.4%55 to 64 years
2.8%65 to 74 years
2.8%75 years and over
Breakdown by age of poor female residents in Palmetto Bay,FL (percentage below poverty level)
0.0%Under 5 years
0.0%5 years
9.6%6 to 11 years
0.0%12 to 14 years
2.3%15 years
0.0%16 and 17 years
9.1%18 to 24 years
4.9%25 to 34 years
6.1%35 to 44 years
2.3%45 to 54 years
4.0%55 to 64 years
7.9%65 to 74 years
8.0%75 years and over
Breakdown by age of very poor residents in Palmetto Bay,FL (% below half of poverty level)
0.0%Under 6 years
1.7%6 to 11 years
2.8%12 to 17 years
7.2%18 to 24 years
4.2%25 to 34 years
2.5%35 to 44 years
1.7%45 to 54 years
1.0%55 to 64 years
1.2%65 to 74 years
2.2%75 years and over
Poverty by race and place of birth in Palmetto Bay, FL
Breakdown of poor residents within races in Palmetto Bay, FL (%)
4.0%White
4.2%Black
0.0%American Indian
6.7%Asian
0.0%Other race
7.6%2+ races
6.1%Hispanic
Breakdown of poor residents within races in Palmetto Bay, FL (absolute numbers)
385White
28Black
0American Indian
67Asian
0Other race
6922+ races
717Hispanic
3.3%Below poverty level
96.7%Above poverty level
8.9%Below poverty level
91.1%Above poverty level
Poverty in families in Palmetto Bay, FL
Children below poverty level:
Palmetto Bay, Florida:
4.8%
State:
16.8%
Poverty rate among high school graduates:
Palmetto Bay:
4.1%
Florida:
9.5%
Poverty rate among people who did not graduate high school:
Palmetto Bay:
17.1%
Florida:
24.8%
44.7%Married-couple family
25.7%Male, no wife present
29.6%Female, no husband present
0.9%Worked full-time, year-round
33.2%Worked part-time
65.9%Did not work
0.0%Both worked full-time
0.0%One full-time, other part-time
22.4%One full-time, other didn't work
0.0%Both worked part-time
50.0%One part-time, other didn't work
27.6%Both didn't work
Other data
Owners below poverty level
1.3%1999 to 2000
4.7%1995 to 1998
5.7%1990 to 1994
15.5%1980 to 1989
21.7%1970 to 1979
17.0%1960 to 1969
20.6%1950 to 1959
8.4%1940 to 1949
5.1%1939 or earlier
Owners above poverty level
1.5%1999 to 2000
6.5%1995 to 1998
8.2%1990 to 1994
18.7%1980 to 1989
21.4%1970 to 1979
14.5%1960 to 1969
19.0%1950 to 1959
6.5%1940 to 1949
3.7%1939 or earlier
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