Commute
An elevated score in the commute category points to excellent public transit accessibility and shorter-than-average work commute times in this area.
Employment
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Health & Safety
Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.
Schools
The schools category earns a high score due to factors like exceptional test scores, strong education levels and the close proximity of elementary and high schools in this area.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Located in the state of Florida, Palmetto Estates is a moderately-sized city with a population of 16,419 people. With a population density of 7,607 people per square mile, Palmetto Estates is well above the nation's average density level. Palmetto Estates is known to be an ethnically diverse city. The two most common races are White (45%) and Black or African American (33%). Additionally, more than a quarter of the population of Palmetto Estates are of Hispanic or Latino origin, and 55% of the population also speak Spanish. Single men and women might be happy to hear that in Palmetto Estates, only 47% of the population is married. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Palmetto Estates entails a longer-than-average one-way commute time, averaging 37 minutes.
Without the right tools, moving to any new area can be very stressful and challenging. Living in Palmetto Estates, Florida could be a fulfilling experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Using the livability score which includes data from categories like crime, cost of living, health & safety, housing, you can easily compare the best places to live in Palmetto Estates and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Palmetto Estates to Florida and the national average.
Palmetto Estates, FL receives 79/100 for its livability score; this results in a ranking of #113 in Florida and #1,632 in the USA. This is a great score, as Palmetto Estates ranks well in multiple categories! Palmetto Estates also ranks in the top 10 percent of all cities, which is no small feat! There are nine total categories that generate the livability score. Palmetto Estates scores well for cost of living (B-), education (A), employment (A-) and housing (A+) There is at least one category that you should be aware of in Palmetto Estates. The following was graded with a disappointing score: amenities (F).
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Palmetto Estates market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Palmetto Estates real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Palmetto Estates. Median real estate prices in Palmetto Estates come in at $271,500, which is 62.8% higher than the Florida average. The home price to income ratio compares the median home prices to the median household income. In Palmetto Estates, the home price to income ratio is 4, which is 17.6% higher than the Florida average.
| Statistic | Palmetto Estates | Florida | National |
| Average one way commute | 37min | 27min | 26min |
| Workers who drive to work | 85.2% | 79.5% | 76.4% |
| Workers who carpool | 7.2% | 9.3% | 9.3% |
| Workers who take public transit | 4.5% | 2.1% | 5.1% |
| Workers who bicycle | 0.1% | 0.7% | 0.6% |
| Workers who walk | 0.4% | 1.5% | 2.8% |
| Working from home | 1.0% | 5.4% | 4.6% |
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