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The total population of Palmetto is estimated to be 4,650 with 2,119 males (45.57%) and 2,531 females (54.43%). There are 412 more females than males in Palmetto.
The median household income in Palmetto was $52,171 in 2021, which marked an a decrease of 4,959(8.68%) from $57,130 in 2020. This income is 69.93% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Palmetto sees its highest median household income among householders in the age group of 25 to 44 years old, at $74,033. Overall, the median household income for the city of Palmetto stands at $52,171.
In Palmetto, the median income for all workers aged 15 years and older, regardless of work hours, was $23,499 for males and $24,420 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $37,352 for males and $60,509 for females.
In Palmetto, population is primarily represented by Black or African American households, reporting a median income of $52,131.
In 2022, the population of Palmetto was 5,082, a 0.34% increase year-by-year from 2021. Previously, in 2021, Palmetto's population was 5,065, a decline of 0.45% compared to a population of 5,088 in 2020.
The median age in Palmetto, GA is 37.8, as per 2021 ACS 5-Year Estimates. Of the total population, 19.16% were under the age of 15, 23.11% aged 15 to 29, 39.42% aged 30 to 64, 15.71% aged 65 to 84, and 2.60% were 85 years of age and older.
Racial distribution of Palmetto population: 26.43% are White, 60.25% are Black or African American, 0.19% are American Indian and Alaska Native, 4.05% are Asian, 3.55% are some other race and 5.53% are multiracial.