Palmetto Bay, Florida 

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Economy in Palmetto Bay, Florida

Palmetto Bay has an unemployment rate of 8.2%. The US average is 6.0%.

Palmetto Bay has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.

Tax Rates for Palmetto Bay
- The Sales Tax Rate for Palmetto Bay is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Palmetto Bay is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Palmetto Bay
- The average income of a Palmetto Bay resident is $42,363 a year. The US average is $28,555 a year.
- The Median household income of a Palmetto Bay resident is $108,360 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYPalmetto Bay, FloridaUnited States
  8.2%6.0%
  -11.1%-6.2%
  38.0%33.5%
  7.0%6.2%
  0.0%4.6%
  $45,772$31,177
  $107,612$57,652
  $116,532$70,850
  POPULATION BY OCCUPATION
  0.0%1.3%
  0.0%0.6%
  5.1%6.2%
  3.5%10.4%
  4.3%2.7%
  9.6%11.6%
  2.9%4.1%
  0.8%0.9%
  2.1%2.1%
  7.1%4.7%
  2.0%1.9%
  13.5%6.7%
  0.0%0.1%
  3.5%4.3%
  12.7%9.3%
  13.0%13.8%
  1.8%2.2%
  7.4%7.4%
  4.4%4.9%
  6.2%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    Reviews for Palmetto Bay    2 Reviews
    Great places to visit while in Palmetto Bay - 7/23/2013
    My family and I recently went to Deering Estate for an afternoon picnic and had an excellent time. We brought in all types of food and drink, we brought a lg blanket,... Read More

    Start Your Review of Palmetto Bay


    Great places to visit while in Palmetto Bay - 7/23/2013
    My family and I recently went to Deering Estate for an afternoon picnic and had an excellent time. We brought in all types of food and drink, we brought a lg blanket,... Read More


    View More Data >

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    MAPS OF PALMETTO BAY, FLORIDA
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Palmetto_Bay,Florida Map
    ZIP CODES IN PALMETTO BAY, FLORIDA
    33157 33158


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