Palmetto Bay, FL Population

Overview

24,327

Total Population

41.8

Median age

48.37%

Female population %

106.7:100

Gender ratio (M:F)

50-54 years

Largest age group

51.4

Total dependency ratio

White

Largest racial group

11,899

Hispanic population

Sources: U.S. Census Bureau, American Community Survey (ACS) 2021

TABLE OF CONTENTS

Age

Palmetto Bay's population is old compared to the rest of the country:

The median age in Palmetto Bay is 41.8, compared to 38.8 nationwide, according to the American Community Survey 2017 - 2021 5 Year estimates.
Palmetto Bay's population under 18 was 25.23%, compared to the 22.51% nationwide.
Palmetto Bay's elderly or the senior population (over 65 age) was 13.70% as compared to 16.04% nationwide.
Of the total population in Palmetto Bay, 20.23% were under the age of 15, 16.59% aged 15 to 29, 49.48% aged 30 to 64, 12.47% aged 65 to 84, and 1.23% were 85 years of age and older.

There are 793 less females than males in Palmetto Bay:

The female percentage in the USA is 50.50% while the male percentage is 49.50%, compared to 48.37% females and 51.63% males in Palmetto Bay, FL.
The Palmetto Bay, FL gender ratio is 106.7:100 i.e. 106.7 men to 100 women (1.067).
For male population, the largest age group is 50-54 years with a population of 1,253.
For the female population, the largest age group is 55-59 years with a population of 1,071.

Palmetto Bay's population has become increasingly diverse:

Racial distribution of Palmetto Bay population: 72.08% are White, 2.96% are Black or African American, 0.49% are American Indian and Alaska Native, 4.46% are Asian, 2.52% are some other race and 17.49% are multiracial.
Palmetto Bay's racial breakdown clearly shows that there is an absolute majority of White population in the village.
By ethnicity, 11,899 is Hispanic or Latino (of any race), and 12,428 (51.09% of the total population) is Non-Hispanic.
The largest racial group in Palmetto Bay is White with a population of 17,535 (72.08% of the total population).

Palmetto Bay's population has already reached its peak and is showing a trend of decline:

The peak population was 24,478 in the year 2019
From 2000 to 2010, Palmetto Bay's population decreased by 318 (1.34%), as compared to the national growth of 9.63%.
From 2010 to 2020, Palmetto Bay's population increased by 831 (3.54%), according to Census Bureau's Population Estimates Program. For the same period, the rate of growth for the United States was 7.17%.
Between the year 2000 and 2022, Palmetto Bay's population was lowest in year 2008 at 22,718.