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Palmetto Bay, FL Income and Careers

 
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As of 2010-2014, the per capita income of Palmetto Bay is $42,363, which is much higher than the state average of $26,499 and is higher than the national average of $28,555. Palmetto Bay median household income is $108,360. On average Palmetto Bay residents spend 35.8 minutes per day commuting to work, which is higher than the state average of 26.1 minutes and is higher than the national average of 25.7 minutes.

Topics:Per Capita IncomeMedian Workers IncomeHousehold IncomeFamily IncomeMedian Income by AgeEmployment StatusCommuting to WorkCareersPoverty Level

Per Capita Income, #103

Palmetto Bay, FL
42,363 USD
Florida
26,499 USD
U.S.
28,555 USD

*Based on 2010-2014 data. View historical per capita income data.

Median Individual Worker Income, see rank

Palmetto Bay, FL
44,169 USD
Florida
27,404 USD
U.S.
30,815 USD

*Based on 2010-2014 data. View historical median individual worker income data.


Male Median Individual Worker Income, see rank
Palmetto Bay, FL
61,592 USD
Florida
31,136 USD
U.S.
36,116 USD

*Based on 2010-2014 data. View historical male median individual worker income data.


Female Median Individual Worker Income, see rank
Palmetto Bay, FL
34,808 USD
Florida
24,898 USD
U.S.
25,692 USD

*Based on 2010-2014 data. View historical female median individual worker income data.

Household Income

Median Household Income, #23
Palmetto Bay, FL
108,360 USD
Florida
47,212 USD
U.S.
53,482 USD
Mean Household Income, see rank
Palmetto Bay, FL
135,413 USD
Florida
67,143 USD
U.S.
74,596 USD
Median Household Income Growth Since 2005-2009, see rank
Palmetto Bay, FL
7.39%
Florida
21.62%
U.S.
27.36%

*The Palmetto Bay, FL median household income growth rate is since 2005-2009. The Florida and U.S population growth rate is since 2000.
Ranks: $10k or less, $10k-$20k, $20k-$30k, $30k-$40k, $40k-$50k, $50k-$75k, $75k-$100k, $100k-$150k, $150k-$200k, $200k or more


Household Income Other than Earnings
 Palmetto Bay, FLFloridaU.S.
%+Average Amount%+Average Amount%+Average Amount
Interest, Dividends, or Net Rental Income30.00%$34,401, see rank20.84%$23,79621.11%$16,919
Social Security Income22.92%$21,491, see rank35.58%$18,15329.33%$17,636
Public Assistance Income1.48%$3,765, see rank2.15%$3,2832.82%$3,720
Retirement Income14.76%$36,075, see rank19.31%$25,45517.85%$24,095
+ The percentage of the total households that have the income.

*Based on 2010-2014 data. View historical household income data.

Family Income

Median Family Income, see rank
Palmetto Bay, FL
116,118 USD
Florida
57,176 USD
U.S.
65,443 USD
Mean Family Income, see rank
Palmetto Bay, FL
144,488 USD
Florida
78,507 USD
U.S.
86,963 USD
Ranks: $10k or less, $10k-$20k, $20k-$30k, $30k-$40k, $40k-$50k, $50k-$75k, $75k-$100k, $100k-$150k, $150k-$200k, $200k or more

*Based on 2010-2014 data. View historical family income data.

Median Household Income by Races

 Palmetto Bay, FLFloridaU.S.
White$111,589, see rank$50,002$56,900
Black$53,068, see rank$34,467$35,600
Hispanic$88,814, see rank$40,712$42,396
Asian$120,926, see rank$61,248$73,244
One Race, Other$52,031, see rank$38,663$40,300
Two or More Races$70,795, see rank$42,356$47,621

*Based on 2010-2014 data. View historical median household income by races data.

Median Household Income by Age

 Palmetto Bay, FLFloridaU.S.
less than 25$28,417, see rank$25,030$25,788
25 to 44$96,806, see rank$50,755$58,398
45 to 64$124,677, see rank$55,662$65,027
65 or over$77,850, see rank$37,683$37,945

*Based on 2010-2014 data. View historical median household income by age data.

Employment Status

 Palmetto Bay, FLFloridaU.S.
Population 16 Years and Over18,659, see rank15,817,611248,775,628
Male18,768, 46.99%, see rank48.38%48.69%
Male, In Labor Force:26,424, 73.27%, see rank64.21%69.28%
Male, In Armed Forces26, 0.07%, see rank0.61%0.73%
Male, Civilian26,418, 73.20%, see rank63.60%68.54%
Male, Civilian, Employed35,960, 92.86%, see rank88.63%90.49%
Male, Civilian, Unemployed3458, 7.14%, see rank11.37%9.51%
Male, Not in Labor Force22,344, 26.73%, see rank35.79%30.72%
Female19,891, 53.01%, see rank51.62%51.31%
Female, In Labor Force:25,786, 58.50%, see rank55.13%58.79%
Female, In Armed Forces20, 0.00%, see rank0.11%0.11%
Female, Civilian25,786, 58.50%, see rank55.03%58.69%
Female, Civilian, Employed35,198, 89.84%, see rank89.50%91.18%
Female, Civilian, Unemployed3588, 10.16%, see rank10.50%8.82%
Female, Not in Labor Force24,105, 41.50%, see rank44.87%41.21%
1 Percentage of the population of 16 years and over.
2 Percentage of the population of 16 years and over for the gender.
3 Percentage of the Civilian for the gender.

*Based on 2010-2014 data. View historical employment status data.

Commuting to Work

 Palmetto Bay, FLFloridaU.S.
Workers 16 Years and Over11,003, 100%8,228,557141,337,148
Car, Truck, or Van—Drove Alone8,559, 77.79%, see rank79.64%76.41%
Car, Truck, or Van—Carpooled1,321, 12.01%, see rank9.61%9.59%
Public Transportation326, 2.96%, see rank2.09%5.06%
Walked63, 0.57%, see rank1.53%2.78%
Other Means130, 1.18%, see rank2.21%1.79%
Worked at Home604, 5.49%, see rank4.92%4.37%

Mean Travel Time to Work, see rank
Palmetto Bay, FL
35.8 minutes
Florida
26.1 minutes
U.S.
25.7 minutes
Ranks: 9 min. or less, 10-19 min., 20-29 min., 30-39 min., 40-59 min., 60-89 min., 90min. or more

*Based on 2010-2014 data. View historical commuting to work data.

Careers


Occupation
 Palmetto Bay, FLFloridaU.S.
Civilian Employed, 16 Years and Over11,1588,335,023143,435,233
Male15,960, 53.41%, see rank51.76%52.38%
Management, Professional, and Related Occupations23,159, 53.00%, see rank30.80%33.12%
Service Occupations2388, 6.51%, see rank18.68%15.12%
Sales and Office Occupations21,432, 24.03%, see rank20.33%17.47%
Farming, Fishing, and Forestry Occupations213, 0.22%, see rank1.07%1.11%
Construction, Extraction, Maintenance, and Repair Occupations2369, 6.19%, see rank9.12%9.29%
Production, Transportation, and Material Moving Occupations2400, 6.71%, see rank13.65%17.94%
Female15,198, 46.59%, see rank48.24%47.62%
Management, Professional, and Related Occupations22,594, 49.90%, see rank37.03%40.04%
Service Occupations2626, 12.04%, see rank22.85%21.52%
Sales and Office Occupations21,910, 36.74%, see rank35.16%31.93%
Farming, Fishing, and Forestry Occupations20, 0.00%, see rank0.34%0.32%
Construction, Extraction, Maintenance, and Repair Occupations230, 0.58%, see rank0.29%0.28%
Production, Transportation, and Material Moving Occupations238, 0.73%, see rank4.05%5.65%
1 Percentage of the civilian employed, 16 years and over.
2 Percentage of the civilian employed, 16 years and over for the gender.

Industry
 Palmetto Bay, FLFloridaU.S.
Civilian Employed, 16 Years and Over11,158, 100%8,335,023143,435,233
Agriculture, Forestry, Fishing, Hunting, Mining0, 0.00%, see rank1.12%1.96%
Construction621, 5.57%, see rank6.50%6.17%
Manufacturing482, 4.32%, see rank5.26%10.43%
Wholesale Trade582, 5.22%, see rank2.90%2.75%
Retail Trade1,003, 8.99%, see rank13.41%11.57%
Transportation, Warehousing, Utilities421, 3.77%, see rank5.05%4.93%
Information252, 2.26%, see rank2.02%2.14%
Finance, Insurance, Real Estate, Rental, Leasing989, 8.86%, see rank7.62%6.60%
Professional, Scientific, Management,
Administrative, Waste Management Services
2,165, 19.40%, see rank12.57%10.89%
Educational Services, Health Care, Social Assistance3,052, 27.35%, see rank21.35%23.21%
Arts, Entertainment, Recreation,
Accommodation, Food Services
498, 4.46%, see rank12.01%9.49%
Public Administration703, 6.30%, see rank4.75%4.92%
Other Services, Except Public Administration390, 3.50%, see rank5.44%4.96%

*Based on 2010-2014 data. View historical careers data.

Poverty Level

 Palmetto Bay, FL%FloridaU.S.
Population in Poverty1,7867.38%, see rank16.67%15.59%
Family in Poverty3305.47%, see rank12.18%11.47%

*Based on 2010-2014 data. View historical poverty level data.


 
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