Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
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.
Ratings
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the 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.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Crime
This area reports elevated crime rates per 100,000 individuals, potentially pointing some areas being unsafe for its residents. Stats are based on both property and violent crimes.
Employment
In the employment category, a low score could be attributed to low income levels and high unemployment in the area, suggesting potential difficulties in finding lucrative employment.
Palmetto is a medium-sized city located in the state of Florida. The city has a population of 13,678 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (79% White). Given that fact, Palmetto could be considered less diverse than other cities. Additionally, more than a quarter of the population of Palmetto are of Hispanic or Latino origin, and 21% of the population also speak Spanish. Palmetto is considered to be a city with an aging population. The average age of all residents is 49, which is well beyond the United States median age average. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Palmetto your home, your one-way commute time will typically last around 24 minutes, a duration that aligns with the national average commute time of 26 minutes.
Without the right tools, moving to any new town can be very stressful and challenging. Living in Palmetto, Florida could be a positive 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 amenities, education, employment, housing, you can easily compare the best places to live in Palmetto and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Palmetto to Florida and the national average.
Palmetto has a livability score of 71 out of 100 and is ranked #335 in Florida and #5,572 in the USA. Based on the rankings for each individual category, Palmetto has been rewarded with high marks for cost of living (A+) and housing (A+). Regrettably for Palmetto, there are some categories for which it does not score well, this includes: amenities (F), crime (F) and employment (D-).
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Palmetto apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Assuming that Palmetto meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Palmetto. Everything else becomes a lot less important if it turns out that home prices in Palmetto are simply unattainable. Median real estate prices in Palmetto come in at $161,300, which is 3.3% lower than the Florida average. The home price to income ratio compares the median home prices to the median household income. In Palmetto, the home price to income ratio is 3.4, which is 0% lower than the Florida average.
| Statistic | Palmetto | Florida | National |
| Average one way commute | 24min | 27min | 26min |
| Workers who drive to work | 70.9% | 79.5% | 76.4% |
| Workers who carpool | 15.2% | 9.3% | 9.3% |
| Workers who take public transit | 0.6% | 2.1% | 5.1% |
| Workers who bicycle | 0.7% | 0.7% | 0.6% |
| Workers who walk | 2.9% | 1.5% | 2.8% |
| Working from home | 9.3% | 5.4% | 4.6% |
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